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Studio 5's Brooke Walker ReportingHere in the U.S., nearly 500,000 new business are created every month, but more than half of those start-up companies fail within four years. Now, a local service aims to help build and strengthen small businesses from their start.
Many people have a business idea or a business dream. Well, right here in Salt Lake, there is an opportunity to make those business dreams become reality, and the service is absolutely free.
Nally Chidester came to America to continue her business education, but priorities put plans on hold. "I chose my children first. My priority is my children, and now I have all of them in college, and this is time for me," she says. "I'd like to take this opportunity to do what I like and what I enjoy."
What she enjoys is people and food. She says, "Cooking is part of my life, and I've been cooking for a long, long time, for the past 27 years, since I have been in the United States."
For Nally, opening a Thai restaurant was a lifelong dream -- a dream made possible by the Zions Bank Business Resource Center.
CeCe Mitchell, with Zions Bank Business Resource Center, says, "Most of them are very surprised because they don't know there are services available. They think they are all alone on their little raft, and they can't get the information they need. So everyone comes away pleasantly surprised and generally with a good idea of where to go next."
The Business Center offers computer labs, complete with business planning software, resources and personal coaching. It teaches everything from how to write a business plan, create a balance sheet, create an income sheet and how to budget.
Those are the kinds of details Nally appreciates. "I know that this is my dream, and it's come true," she said.
Again, the service is free. For more information you can visit the Sudio 5 Web site, which can be found on the related link to the right.