ASU Small Business Development Center Newsletter
SMALL BUSINESS NEWS
ASU-SBDC NEWSLETTER  
October 2010
Greetings!

We have a NEW LOOK! Hopefully you will find it easier to find the information you need each month. Last month we asked for your feedback by taking a short survey which asked you about what types of seminars you're interested in, some possible improvements, and newsletter information. THANK YOU for all of our responses so far. If you have not had a chance to take that survey yet, YOU CAN ACCESS IT HERE. 
 
I would also like to take a moment to talk about our BUSINESS ADVISING SERVICES. In addition to our expert and affordable training, we also provide free, confidential, one-on-one business advising for small business owners and aspiring entrepreneurs. We assist in a variety of topics including, but not limited to, business planning, HR issues, drafting loan proposals, marketing issues, demographic research, and MUCH more. And they are ALWAYS free, no matter how many sessions you may need. To set up an appointment and meet with an advisor call (325) 942-2098 today!
 
Our OCTOBER-JANUARY seminar brochure is now available! TAKE A LOOK and register today!
 
Sincerely,
 
ASU SBDC
Angelo State University SBDC
 
IN THIS ISSUE
TOP SMALL BUSINESS NEWS
TRAINING UPDATE
BUSINESS TIPS
SUCCESS STORY
 
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TOP SMALL BUSINESS NEWS
 
October Lunch & Learn
San Angelo Business Lunch & Learn Series
FIRST LUNCH & LEARN SERIES TO BE HELD OCTOBER 14
Last month we mentioned that the SBDC with it's partners will be holding monthly brown bag, LUNCH AND LEARN SERIES  to give busy business owners the opportunity to learn about some important small business issues. The lunches will be free to attend, and small box lunches will be available for $5 each. (Request at registration.) This month's luncheon will feature two ASU-SBDC advisors discussing how to successfully design your business loan proposal. To register call (325) 655-4136. Next month will feature a former banker from Midland-Odessa, TX, Enrique Romero, sharing his insights of "What the Banker Wants to See."
 
SMALL BUSINESS JOBS ACT OF 2010
The Small Business Jobs Act, signed by President Obama on September 27, will provide critical resources to help small businesses continue to drive economic recovery and create jobs. The new law extends the successful SBA Recovery loans while offering billions more in lending support and tax breaks for entrepreneurs and small business owners. LEARN MORE
 
CHAMBER'S BUSINESS EXPO OCTOBER 5TH
 Don't miss the Chamber's annual Business Expo on Tuesday, October 5th, 11 a.m. - 6 p.m. at the Wells Fargo Pavilion. FREE tickets are available at The Chamber of Commerce prior to the event. Call 655-4136 for more information or visit their website: www.sanangelo.org.
 
 CONCHO VALLEY RURAL SMALL BUSINESS FORUM
The governor's office is partnering with local economic development organizations from around the Concho Valley to provide a day long forum designed especially for the small business owners and economic development partners of the Concho Valley. The event will include a networking breakfast and lunch, informative speakers, exhibitor booths, and will close with a Regional Consortium Meeting. The event will be held on November 10th from 9:30 a.m. - 2:30 p.m. Registration is required, as seating is limited. To reserve your spot call (325) 657-9214. See the SAVE THE DATE here.
TRAINING UPDATE
 
October-January Seminar BrochureOCTOBER2010 - JANUARY2011 SCHEDULE NOW AVAILABLE!
 
OCTOBER SEMINARS:
 
10/7/2010
ESSENTIALS OF STARTING A NEW BUSINESS
6 p.m. - 8:30 p.m., Rassman 100, Free!
 
10/13/10
HOW TO WRITE YOUR BUSINESS PLAN
2 p.m. - 4:30 p.m., Rassman 100, Free!
 
10/14/10
FINANCING OPTIONS FOR YOUR SMALL BUSINESS
6 p.m. - 8:30 p.m., Rassman 100, $10
 
10/19/10
MARKETING 101
6 p.m. - 8:30 p.m., Rassman 100, $10
 
10/20/10
BUSINESS PLAN FINANCIALS
2 p.m. - 4:30 p.m., Rassman 100, Free!
 
10/21/10
ADVANCED MARKETING
6 p.m. - 8:30 p.m., Rassman 100, $10
 
10/28/10
BASIC HR ISSUES
6 p.m. - 8:30 p.m., Rassman 100, $10
 
REGISTRATION IS REQUIRED. SEATING IS LIMITED.
REGISTER ONLINE: http://utsa.ecenterdirect.com/Conferences.action?CenterID=40
REGISTER BY PHONE: 325-942-2019 OR 325-942-2098
Register Online
BUSINESS TIPS ARTICLES
 
Standard TimesEach week, ASU-SBDC staff provides a Business Tips article to the Standard Times business section. You can find them here each month!
 
 
Happy Labor Day! I hope you are enjoying a day of grilling, swimming and spending time with friends and family. You've worked hard for this, enjoy! I think of Labor Day as a chance to give ourselves a pat on the back, and a juicy burger or hot dog, for a job well done. Of course the real reason for Labor Day is to appreciate the hard work that many of the workers and laborers have done before us in regards to labor rights and freedoms... 
 
WOMEN IN BUSINESS: WAYS TO CLOSE GAP
Cindy Hartin
At the Small Business Development Center, we are preparing for the upcoming Th Annual Women's Roundtable Event on Tuesday. Our theme is "Focus on the Future," which makes me think about how important having goals and a long-term plan is to a business owner. An article in the May 17, 2010, Wall Street Journal, "Why Are Women-Owned Firms Smaller Than Men-Owned Ones?" discussed challenges women face as business owners. The article had some surprises, such as the fact that the number of women starting their own business out paces men, but revenues for women-owned business...
Paul Howard
The advisers at the Angelo State University Small Business Development Center see many potential small-business owners. Most are familiar with the industry in which they are going. Some unfortunately are not.
Entrepreneurs need to know their industry before they start their small business. You will be expected to explain the general state of your industry and the nature of your small business, especially if you plan to raise capital by going to a bank or investors.Whether you sell a product or provide a service, you should do an industry analysis.  
 
ALLOWING WORKERS TO SOCIALIZE BUILDS TRUST
Pedro Ramirez
When gaging employee satisfaction, factors such as pay, hours, co-workers and job satisfaction are usually at the forefront of discussions, but there is one other factor to consider - non work-related activities. These activities include items such as weekend softball teams, company gatherings, potlucks, contests, holiday parties or simple birthday recognitions or celebrations...
 
FEATURED SUCCESS STORY
 
Randy Kiser, Kiser Iron Works
BORN OF FIRE AND STEEL
Featured in the OCT-JAN Seminar Brochure
 
Creating timeless beauty from pieces of shapeless steel is the passion of blacksmith artisan Randy Kiser. Randy and Margie Kiser own Kiser Iron Works in Paint Rock, Texas. Started in 1990, they recently decided to take their blacksmith shop to the next level by adding a retail showroom and a 4-axis machining center.

The Kisers applied for funding through a USDA Intermediary Re-lending Program available through the Economic Development Corporation in Eden.
For assistance, Margie contacted Angelo State University Small Business Development Center. "We have been working with the SBDC since we began business 20 years ago," Margie commented. "Peggy Hodges assisted with projections and those projections are currently on target," Margie continued.
 
The Kisers worked with Eden EDC Director Kathy Keane and received $30,000 through the Eden IRP. Coupled with owner injection, they have been able to create a retail showroom, remodel the shop and launch a web site.
"Clients are very impressed when they enter our showroom. There is a viewing window to the shop and they can see the slide show presentation of the work we have done. Our sales table is a custom handcrafted piece and provides the perfect place for customers to place orders," Margie said. "We are very pleased with the assistance we have received from the ASU-SBDC," she added.
 
Randy and Margie's expansion of their business helped them retain three employees and they are planning to add additional employees in the near future. 
 
Sincerely,
 
ASU SBDC
Angelo State University SBDC

 IN A START-UP, ABSOLUTELY NOTHING HAPPENS, UNLESS YOU MAKE IT HAPPEN."  -- MARC ANDREESEN (co-founder Netscape and Ning.com)

Angelo State University SBDC
www.sbdc.angelo.edu ~ Training: (325) 942-2019 ~ Advising: (325) 942-2098
ASU Station #10910, San Angelo, TX 76909
 
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