Why Military Veterans Should Become Entrepreneurs

  • Posted by Ashley Panter
  • On July 5, 2016
I’m one of the 2.5 million veterans who served in Iraq or Afghanistan. I’m also an entrepreneur. And I’m not alone. The men and women of today’s armed services are uniquely positioned to become successful entrepreneurs. To my fellow veterans: You have what it takes. By nature of your military service, you possess the skills […]
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SBDC Recognized as a “Best Place to Work”

  • Posted by Ashley Panter
  • On June 28, 2016
The UGA SBDC has been recognized by Georgia Trend Magazine as one of the 2016 “Best Places to Work in Georgia.” The SBDC program, part of the university’s Public Service and Outreach arm, has 17 locations across Georgia and provides business training and consulting to small business owners and prospective entrepreneurs. The evaluation process was managed by the Best Companies Group in Harrisburg, Pennsylvania and analyzes organizations based on criteria that includes employee’s views on leadership and planning, corporate culture and communications, role satisfaction, work environment, and overall engagement.
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Three S’s of Business Success

  • Posted by Emily Ambrose
  • On June 20, 2016
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 […]
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Reference USA Has a Lot to Offer Small Businesses

  • Posted by Ashley Panter
  • On June 7, 2016
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.
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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. […]
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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 […]
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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.
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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 […]
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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 […]
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