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What is Small Business Mentoring

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For small businesses, mentoring can be an important part of their growth and development. In general, it involves working with an experienced individual who will guide and offer advice to the owner on a number of different topics. Mentors are available to help with:

  • Marketing
  • Training
  • Billing issues
  • Areas of specialization

and more. Finding mentors is not a difficult process, and many organizations exist to help small business owners find help.

Finding a Mentor

Sometimes finding a mentor is as easy as visiting with the small business owner next door. Most experienced businesspersons are willing to offer assistance to up and coming business owners because they know that one hand washes the other. If business advice from an experienced individual will help a new business grow, everyone benefits. Primary organizational sources include:

SCORE – The Service Core of Retired Executives has offices throughout the United States and is staffed with individuals ready and eager to answer any questions from small business owners. The organization offers seminars, newsletters, and training sessions to help those who may benefit.

Chambers of Commerce – Chambers across the country are an excellent resource for mentoring help. No matter the size of the Chamber, it always comprises local business owners who know the community and have a special insight regarding the psychological makeup of the area. The Chamber has regular mixers, networking sessions, newsletters, and community wide events all designed to help local businesses promote themselves.

Small Business Administration - This arm of the federal government, among the many services it offers, provides help and information for business owners who need it. Similar to other such organizations, they can direct businesspeople to experts in almost every field of endeavor.

Local colleges and universities – Instructors of business courses, in addition to their academic responsibilities, take time to help local businesses grow. By contacting the business department or school, you will be put in touch with a mentor who is an expert to meet your particular need.

Another place to find a mentor

Employees, especially experienced employees, should not be brushed aside as a source for important mentoring issues. Many employees have extensive experience in so many areas that they are able to offer excellent recommendations. They are also an excellent resource for mentoring and training younger employees, motivating them and helping improve the quality of work from everyone on-site.

Mentoring has evolved to be a crucial aspect of small business growth. With the help of a mentor, a small business can overcome barriers, avoid stagnancy, and increase profitability.

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