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Three S’s of Business Success

The year 2016 has seen the greatest increase in consumer spending in six years.  Rising home prices and personal incomes are driving up disposable income, resulting in more frequent and larger consumer purchases.  Meanwhile, thousands of baby boomers are retiring daily, opening the door for a new cohort of earners to jump in and step […]

Reference USA Has a Lot to Offer Small Businesses

The UGA SBDC has used the reference service ReferenceUSA for a number of years. It has proven time and time again what a useful resource it is for SBDC clients and communities. The SBDC’s current subscription to Reference USA includes the following business databases: U.S. Businesses, U.S. Historical Businesses, and U.S. Job/Internships. The SBDC also has access to two consumer databases: U.S. Standard White Pages and U.S. Consumers/Lifestyles.

Three Types of Small Businesses

Three Ways to Start a Small Business

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. […]

Business Essentials Steer Cumming Auto Parts Company into the Fast Lane

Concept One Small Business Development Center

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 […]

Can I Export My Products …. and Where?

International Trade

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.

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

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 […]

3 Ways to Organize Your Sales Team for Success

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 […]