SBDC: Small Business Development Center

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Small Business Development Center

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Free and Confidential Help for Small Businesses

The Rice County Small Business Development Center  (SBDC)provides free and confidential counseling to help clients face the challenges of running a successful business. The primary goal of the SBDC is to serve existing businesses with specific challenges in the formative years of their business venture. Long-standing businesses with specific challenges are welcome to tap into the network of professional SBDC counselors. Start-ups  are invited to the Rice County SBDC for help with bringing their concept to reality

The Rice County SBDC is located within the Faribault Area Chamber of Commerce and operates as a satellite office of the Southeast Minnesota Regional Office of the Minnesota Small Business Development Center in Rochester Minnesota.

In addition to the individual private counseling, the Rice County SBDC also supports periodic seminars on business issues.

The local SBDC has qualified counselors available to meet with you on any business topic.   We now offer QuickBooks assistance from a knowledgeable professional and can assist with web development, social media and human resource issues.   Business counselors and resource materials are also available in Spanish.  Our counselors always have access to the larger team of experts from our Rochester headquarters.

SBDC clients can receive assistance on business start-up issues, marketing, financing, loan packaging, purchasing an existing business, refinancing  and every virtually every aspect of business management.

Access the resources of the Rice County SBDC, by calling (507) 334-4381. We welcome all businesses, owners and managers as well as emerging entrepreneurs.  Or use the on-line registration.

  • Business Plan Development
  • Financial Analysis
  • Marketing
  • Loan Packaging
  • Recordkeeping
  • Human Resource Management
  • Best Practices for Business
  • Feasibility Analysis
  • Market Research
  • Advertising and Sales
  • Strategic Planning
  • E-commerce
  • Overall Management

Get Involved

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Referrals are essential for the continued growth and sustainability of the local SBDC.  Referrals to small businesses seeking to improve their management operations, marketing or financial situation are encouraged.