2016 Alternative Financing Workshop

  • Posted by Marjory Wooten
  • On July 27, 2016
A financial workshop Alternative Financing will be held in Gainesville for small businesses or new start-ups that seek alternative finance options. Businesses need access to capital to operate and grow their business.  However, traditional loans are not always available nor are they necessarily the best sources for all businesses. This workshop will include a panel […]
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Are you a Grasshopper or an Ant?

  • Posted by Stacy Johnson
  • On July 12, 2016
A favorite of mine is the story of The Grasshopper and The Ant. If you do not recall, the premise of the fable is that the Grasshopper is enjoying the summer day, hopping, chirping and singing away when the Ant passes by, working away, storing food. The Grasshopper asks the Ant why it is working so hard when everything is so easy, foods plentiful, and states that the Ant should be enjoying the sunshine. The Ant replies that he is planning for the winter, by continuing to work when everything was going well. Of course, winter comes and the Ant is well prepared while the Grasshopper is out in the cold, starving. The moral of the story is:
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2016 LeadSMART – Finance

  • Posted by Deborah Free
  • On May 23, 2016
Financing for Dynamically Growing Businesses Did you know you have more than one credit score?  When and how does a lender use each of your credit scores to assess your credit worthiness?  Do you know the difference between the terms, FICO, FairIsaac, BNI, Beacon and Pinnacle, Global Cash Flow, Debt to Income Ratio and Debt […]
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Understanding Critical Elements for a Successful Small Business

  • Posted by Stacy Johnson
  • On September 3, 2015
The SBDC Office of Minority Business Development is hosting a class on September 30, 2015 10:00am-Noon in Athens $30 Register for this class This session will cover a number of critical skill sets which include, but are not limited to, the following: leadership management vision strategy analysis business planning and marketing understanding of risk financing […]
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Credit Clean Up…A Critical Concern for Entrepreneurs

  • Posted by Robert Miller
  • On February 23, 2015
As entrepreneurs plan to fulfill their dreams of launching a business, they should be very attentive to all the steps required to ensure success. Those steps typically include developing a comprehensive business plan that can be submitted to lenders to secure funding for their new business. Imagine planning for a significant event and overlooking a […]
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Your Credit is Your Character

  • Posted by Robert Miller
  • On February 23, 2015
When it comes time for you to borrow money to start or expand your business, remember that bankers are risk averse. Their main interest is getting their loan repaid in a timely fashion. Lenders assess the risk factors of the loan through their evaluation of the borrower, using the 5 C’s of credit: collateral, cash, […]
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