You probably know that Mississippi State University has a school of business and it graduates a lot of people who work in the local business community.
What you may not know is that it also helps a lot of people who want to start their own businesses. What does the start of a new business mean for a community?
"They're not only the source of employment, but they're also the source of generating other factors in our economy to make to make this really viable," said Doc Braswell, MSU Meridian business consultant.
Braswell helps guide those who want to start a business. He helped Billy Goodman and his wife get started with their business, Honey Baked Ham at Meridian Crossroads.
"We didn't have any experience in writing detailed business plans and making projections and looking at demographics and things of that nature," said Billy Goodman. "So Doc walked us through that and helped us get everything together. We never would have been able to do it on our own."
A lot of thought and planning goes into making a business. Braswell holds classes several times a month to give people the knowledge needed to kick start a business.
"About 65% to 75% of all start-ups in this country fail," said Braswell. "And what we want to do is avoid that. And we do avoid it. The people we work with, and eventually help them to start, as we did these people here, most of them are successful. If we can avoid a failure, we've also been successful."
In 22 years, Braswell has helped over 7,000 clients. If you want more information about how MSU Meridian can help you start a small business, call the Small Business Development Center on campus at 601-481-1324.