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Elon Musk said, “When something is important enough, you do it even if the odds are not in your favor.” That’s the way Tracy Davenport felt when she opened Tracy’s Smoothie Place in Chestertown a little over two years ago. With a recently earned doctorate in human growth and development in hand, she set out to provide a healthy to-go option to people in a rural community. 

While Tracy’s shop started out as a place for all natural smoothies (you can find 15 of them there), it has now grown into a go-to for Hawaiian shave ice, all natural soup and farm fresh grilled cheese. You can also pick

Barbara Reed, Loving Touch Home Care, LLC

Founder, Barbara Reed, launched Loving Touch Home Care, LLC (LTHC) in December 2013 to provide reliable, high-quality in-home care for the residents of the greater Chestertown area.  The firm began with 15 employees and has grown 300% in less than two years. 

Reed's impressive credentials and ten years of experience as a nurse/ manager in both hospital and home healthcare settings provided the hands-on experience to plan and manage her new business. She earned her BS in Nursing from the University of Delaware, BA in Psychology from Washington College and

Founder, Barbara Reed, launched Loving Touch Home Care, LLC (LTHC) in December 2013 to provide reliable, high-quality in-home care for the residents of the greater Chestertown area.  The firm began with 15 employees and has grown 300% in less than two years. 

Reed's impressive credentials and ten years of experience as a nurse/ manager in both hospital and home healthcare settings provided the hands-on experience to plan and manage her new business. She earned her BS in Nursing from the University of Delaware, BA in Psychology from Washington College and Masters of Education from Wilmington

In 2008, our country experienced a crippling recession that shut down thousands of small businesses. This helpful toolkit will guide you through the difficult decisions you must make for a small business to survive an economic recession.

Every decision you make in your business—whether it’s creating a website, investing in classified ads, or hiring an employee—has a financial impact. And each business decision affects your cash flow— the amount of money that comes in and goes out of your business. We’ll help you with your decision-making with this online primer. Throughout this guide, you’ll find case studies, examples, and expert guidance on every aspect of small business finances. You’ll see that our goal is the same as yours—to make your business financially successful.

What is a business plan and why do I need one?

A business plan defines the nature and scope of your business, quantifies your product mix/volume and/or service type/scope goals, and serves as your company’s resume. It describes the marketing, sales, operational, and financial aspects of a business. It is the roadmap annotated with the course you will pursue to achieve your goals. Because it provides specific and organized information about your business and how invested/borrowed money will be returned/repaid, a good business plan is a crucial part of any investment prospectus or loan package