Across Colorado, over 730,000 small businesses employ 1.2 million people—nearly half of Colorado’s employees. They also provide a variety of goods and services that contribute to their communities in meaningful ways, from entertainment to health and wellness.
To support these small businesses, the Colorado Small Business Development Center (SBDC) is the state’s only nationally accredited business resource providing no-cost confidential, one-on-one advising and no- or low-cost business training since 1987. With 14 regional service centers, over 25 satellite offices, and more than 240 business advisors, the Colorado SBDC delivers impactful business advising, actionable training and essential connections to community and state partners and resources.
We’ve explored how the Colorado SBDC supports restaurants, manufacturers and service businesses, so let’s take a look at more small businesses across the state supported by the Colorado SBDC.
Nestled in Salida, Colorado, Rocky Mountain Clubhouse is an 18-hole mini golf course, clubhouse, and patio. Owner Mike De Runtz noticed the “for sale” sign for the course while playing during a visit to the city in 2023. The previous owner, Carole Stowell, looked to sell and sought a buyer who would preserve the 20 year old business. Mike recognized an opportunity to combine his love for golf and entrepreneurship.
At the Central Mountain location, the Colorado SBDC guided Mike through the process of starting a new business and connected him to the Salida business community. After nine months of renovations, Rocky Mountain Clubhouse reopened to the public, welcoming guests with expanded snack offerings and new opportunities for private events.
“I am thankful to have found the Central Mountain SBDC, which not only introduced me to the vibrant Salida business community, but also provided me with essential resources in lending, insurance, cash flow management, and proforma analysis, ensuring a solid start for my business,” said Mike.
The Colorado SBDC has been a partner to Run Wild Retreats + Wellness and owner Elinor Fish throughout all stages of the business, from the launch of the running, wellness and travel business to its successful sale in 2024.
When Elinor started in 2010, the Colorado SBDC in the Northwest region assisted in hiring employees, analyzing cash flow, and growing through product sales. When COVID-19 impacted the travel industry, experts helped Run Wild Retreats navigate funding programs essential for sustaining the business during a period of unprecedented disruption.
After a strong post-pandemic recovery, Elinor worked with the Colorado SBDC on a strategic exit plan. With this support, she was able to sell the business on her own terms.
“Truly, I have been singing the praises of the SBDC. The information they provided over the years helped me have all my finances in order, my systems documented, and everything organized, which made it so that the final sale could go smoothly. I am so proud of what I accomplished and how I exited when I wanted and on my terms,” said Elinor.
Businesses interested in exploring similar resources can visit the Colorado SBDC’s website to set up an appointment with an advisor, explore online classes or sign up for a business training or event.