Our organization is activey seeking Community Partners & Sponsors. Community Partners assist us in providing business services to our clients through referrals, while sponsors provide financial support in exchange for recognition and/or referrals. We are seeking volunteers to help at our front desk. If you are interested in showing your support, visit our How You Can Help page above.
Over 7,000 new small businesses register in Snohomish County, Washington, each year. These businesses will have 0-20 employees and earn under $3 million in revenue per year.
5 OUT OF 10 WILL FAIL WITHIN THEIR FIRST YEAR
3 OUT OF 10 WILL FAIL WITHIN THEIR FIRST THREE YEARS
Several underlying factors account for these numbers, including lack of planning, marketing, and adequate funding, as well as failure to understand pricing, taxing, and regulation.
Foundations is a nonprofit providing sliding scale to free planning, development, training, counseling and support to disadvantaged new businesses in Snohomish County, those most likely to fail, helping them overcome these underlying factors and go on to run successful businesses through year one, three, and beyond.