Burnsville, MN -- (SBWIRE) -- 11/09/2015 -- A recent Bloomberg report notes 80 percent of start-up businesses fail within a year and a half of opening their doors. Because of this lofty failure rate, the demand for small business consulting services has skyrocketed in recent years. This is old news to the Small Business Advisory Board of Minnesota whose diverse team of experts has witnessed the issue unfolding for quite some time. Representative Vernon Stading has recently announced the committee's latest effort to assist entrepreneurs.

Stading elaborated, "We hold regularly scheduled events geared toward small business owners in need of advice, and the next in our lineup is a lunch meeting to take place on November 18, 2015 from 11:30 a.m. until 1:00 p.m. We will meet at KW Reality in Edina where we will discuss planning for 2016. There is no cost to attend the event; however, those interested in participating must RSVP."

Comprised of 26 experts in a number of different fields, the Small Business Advisory Board of Minnesota offers an array of services to foster the efforts of business people. Members hold a combined 500 years of experience in a wide range of industries. To date, the group has had a hand in salvaging more than 7,500 companies facing difficulties.

Geared toward aiding newly launched and well established companies alike, the Board offers counsel on multiple scenarios. Some of these include building a solid business foundation, resolving staffing dilemmas, balancing work and home life, increasing profit and expansion. The team additionally covers mergers, buy-outs and selling a company. Using their combined experience, they help with resolving complex issues unanswered by other organizations.

Concluded Stading, "We were founded to help small and mid-size businesses succeed and expand. We've been asked repeatedly about ways to help a company grow, and we feel the answer is to be surrounded by experts in a variety of sectors. Over time, we gathered together professionals from every type of business and industry imaginable to form a team any entrepreneur would appreciate being able to rely on for advice and support. Those interested in our services are encouraged to browse our directory of experts and join us for this next lunch meeting."

About the Small Business Advisory Board
Focused on assisting entrepreneurs with the full range of problems they face, the Small Business Advisory Board consists of a panel of experts from a number of different professional sectors. Assembled over a number of years, each member of the team offers an average 16 years or more of experience in his or her designated field and strives to put this knowledge to work for others.