Structuring your Business for Success: Safeguard Your Business, Improve Your Bottom Line

As a business owner, you have a passion, vision and competencies for what you do. You may even know your market like the back of your hand but managing a business is different than doing what you do well.

Take these statistics for example:

First Year Failure Rate: Approximately 20% of startups fail within the first year.
Five-Year Failure Rate: Around 50% of startups fail within the first five years.
Ten-Year Failure Rate: Approximately 65% to 70% of startups fail within the first ten years.
What separates a successful business starts with its legal structure needed for capital, scalability and the capacity to compete. You’ll learn how your business structure not only can mitigate risk, but also how the structure affects your bottom line — and what it means for choosing or changing your legal structure.

We’ll also touch upon the connection with your business structure and cash management — keeping enough money to keep the business running. This includes how

Whether you’re starting up or considering a business structure change, don’t miss this workshop!

Taught by SBDC Business Advisor Richard Strezo

For 20 years, Richard has participated in every function of SBA lending from origination to underwriting and analysis, processing, approving, and even launching SBA divisions for 3 separate banks. He is a firm believer in the virtues of the SBA product and fully committed to helping small and medium business owners realize their dreams.

Richard received his Bachelor’s Degree from University of Colorado and his M.B.A. from Lake Forest Graduate School of Management in Chicago.

Richard has always had a passion for entrepreneurship because he grew up in a self-employed family; both his mother and sister are small business owners.