Small businesses develop talent, their own and that of their fellow entrepreneurs,” noted Corrinne Graham, founder of Lindenhurst-based Graham International Consulting and Research and co-chairwoman of the Women’s Business Committee at Long Island Advancement of Small Business. “I take on interns, and many of them are planning on starting their own business. They get experience, and we help each other grow.”

Personal and professional growth are often intertwined, Graham added, and failure is usually a part of success.

“What do you need to know how to do?” she said. “What don’t you know? As small-business mentors, we have to help people build their competency in all areas of their lives.”