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Economic Conditions


Wyoming is heavily dependent upon the energy industry. With this dependency, extreme industry financial and employment changes or boom/bust cycles have become synonymous with Wyoming’s economy. The Wyoming SBDC Network has a successful history of assisting small businesses even in turbulent economic times.

With staff strategically located throughout the state, the SBDC Network is prepared and able to react quickly to changes in economic conditions. This type of risk management includes planning, preparation, pivoting, forecasting, and understanding and using your financials to operate and make strategic decisions for your business.


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