Three Types of Small Businesses

Three Types of Small Businesses

  • Posted by Ashley Panter
  • On May 5, 2016
You have a small business but you’re not making a profit and haven’t in some time. You may have an employee or two, and you pay them before you pay yourself. You either aren’t paying yourself or are paying less than you could make working for someone else. You may be adding your own money to the business to keep it afloat. […]
Read More
 

Business Essentials Steer Cumming Auto Parts Company into the Fast Lane

  • Posted by Ashley Panter
  • On May 5, 2016
Brothers Kevin and Randy Redd make Ford and Chevy street cars both fast and “fly.” Their uniquely designed Concept One high performance pulley systems mount on an engine and drive all of its belts, improving power and maximizing performance. In 2001 they began selling their systems and other product lines to hot rod muscle car […]
Read More
 

Can I Export My Products …. and Where?

  • Posted by Ashley Panter
  • On May 5, 2016
American companies make excellent products; they really do. And many of these products are sold all over the world, but some never leave the country. There are several reasons things can or cannot be exported, including their price, overseas demand, technical competitiveness, and sometimes a company’s own willingness or reluctance to undertake the export process.
Read More
 

Careful Pre-Planning Helps Complex Industrial Business Secure an SBA Loan

  • Posted by Ashley Panter
  • On May 4, 2016
Rod Meyer had worked in Minneapolis 25 years with the market-leading industrial x-ray imaging equipment company, rising to vice president of sales and leading a tenfold increase in capital sales, before the company was sold and narrowed its product line. “The new company decided to focus on standard x-ray imaging systems. This decision opened an […]
Read More
 

Don’t Overlook These Issues When Buying a Small Business

  • Posted by Ashley Panter
  • On May 3, 2016
The “boom” in the number of Americans reaching retirement age is driving an increase in the number of small businesses being sold by owners wishing to retire. As a result of this trend, I and my fellow consultants at the University of Georgia Small Business Development Center (SBDC) work frequently with clients wanting our help in the acquisition of one of those small businesses. I […]
Read More
 

3 Ways to Organize Your Sales Team for Success

  • Posted by Ashley Panter
  • On May 2, 2016
One of the most common mistakes early stage entrepreneurs make is assuming that their product or service will “sell itself.” With very few exceptions, this is almost never the case; sales success is usually the combination of hard work, persistence, and having a well-organized sales strategy. One of the key reasons the “selling itself” myth is so persistent is that […]
Read More
 

Business Loan Application Tips Borrowers Can Take to the Bank

  • Posted by Ashley Panter
  • On May 2, 2016
Whether it’s to start, operate, expand or acquire a business, capital is required. Just how much is available, and what it will cost depends on each business’s unique situation and the personal financial position of its ownership. These two factors are so important that they find their way into the starting lineup of every loan application. Borrowers who have a good understanding of […]
Read More
 

Lessons Learned In Practice Rotation Help Pooler Veterinarian Open Own Practice

  • Posted by Ashley Panter
  • On April 29, 2016
Veterinarian Mike Ammermon was a senior in the University of Georgia’s College of Veterinary Medicine when UGA Small Business Development Center consultant Jeff Sanford started teaching fourth-year vet students a new curriculum on core business principles in 2008. The program, still going strong, includes a practice management rotation that brings these students together with veterinarians […]
Read More
 

Sound Business Practices Help Athens Medical Practice Expand Into Underserved Areas

  • Posted by Ashley Panter
  • On April 29, 2016
Dr. Ram K. and Aru Reddy are in the business of “helping people feel better when they need it the most.” Partners in an enterprise that adds urgently needed medical care to underserved communities in northeast Georgia, this husband and wife team is also steadily adding to the employment rolls of the small cities and towns they serve.
Read More
 

Business Consultant (Augusta)

  • Posted by Ashley Panter
  • On April 29, 2016
Are you an experienced business professional? Would you like to have an impact on your community and make a difference? Are you committed to service? The UGA SBDC in Augusta seeks an experienced management professional with strong skills in financial analysis, business budgeting, small business lending practices, and problem solving to serve the Augusta area as a business consultant.
Read More