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Sam Adams Brewing Up New Competition

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    Jim Koch, founder of Sam Adams and the Brewing the American Dream Fund, on the work he is doing to support burgeoning hospitality and service industry...

  • Duration 3:20
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Are -- small business owner overwhelmed with new beginnings.

Are you drowning in financials and grappling with growth.

All trying to ensure you search your customers loud.

If you -- and you're thinking of giving out.

Business and financial literacy seminars are popping up all over the country and the went to help educate -- -- Once such program run -- Sam Adams -- this model even further.

-- -- -- potential future competitors didn't.

Founder and the -- -- and -- worth 464.

Million dollars that he's taking his chances.

When I started there are two things that I couldn't get no one would lend me money because this idea of starting -- -- Back in 1984 was crazy.

And I couldn't get good solid nuts and bolts business advice but just all the little things that you need when you start a business idea negotiator real -- -- How do you make a sales call.

-- is set up a payroll.

What do you put on your label all those nuts and bolts things I didn't know.

The brewing the American dream fine was founded by cooked in 2008 and his -- out nearly 1700000.

Dollars these -- went to food.

Beverage and hospitality businesses.

And even other small craft brewers cook said the fund has also created and saved 1300.

Jobs through the support it provides to business owners.

Since her hospitality startups.

Getting advice and -- -- stand and isn't a bad place to start.

-- -- -- -- Owner of New York City be speaking business the chocolates world -- -- after losing to culinary jobs during the financial downturn or recession refugee she is intended multiples eat coaching -- through Sam Adams.

In addition to being alone recently.

She recently expanded her business and hired her first -- employees.

He learned it though and sort of it's.

-- That's helpful and that's really for the time.

American program has been happy.

It may not -- but it's.

Can't comment on the company's compelling yeah.

We like over.

-- it's.

Great you have.

-- -- -- We need them -- of our greatest line.

Access to capital is always an issue for entrepreneur -- The National Federation of Independent Business reported in October 2012.

That 30% of all business owners are borrowing on a regular basis but.

-- economic uncertainty business owners expect will be more difficult to arrange financing in the coming months Ricardo Romero.

-- of our rapists cafe in Astoria queens received a loan from the -- after being turned down multiple times.

-- lives through three different -- -- Wednesday night.

They've never asked me whether they're being as they begin video game because -- -- created.

-- recipients are using the capital for more than start -- costs they are also expanding and creating jobs along the way.

We decided to -- for the second -- -- -- to make it beat it division is in the restaurant.

I was able to hire more people -- -- -- not a competitive and it didn't.

-- -- -- Kate Rogers foxbusiness.com.