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

Have you met with an advisor yet? Last month we talked about all the different issues an advisor can assist you with including financial projections, writing your business plan, marketing, social media marketing, and much, much more. Make your appointment today and prepare to take your business to the next level.
 
Our inaugural Lunch and Learn session was a success. We even had some media coverage! Those who attended had a chance to ask their questions in a relaxed setting and enjoyed a boxed lunch which they reserved. We're continuing our first series this month covering how to obtain lending/financing. More details about this month's session are included in this newsletter.

There are many exciting seminars coming up this month. For your sales tax issues, don't miss the "Sales Tax Basics" seminar this Thursday (Nov. 4). It's completely FREE. It will be given by a representative of the State Comptroller's Office so you can have your questions answered straight from the source. Please register for any seminar that is just right for you!

From all of us here at the ASU-SBDC, "Happy Thanksgiving!"

Sincerely,
Jessica Lambert
ASU-SBDC Training Coordinator
jessica.lambert@angelo.edu
IN THIS ISSUE
TOP SMALL BUSINESS NEWS
TRAINING UPDATE
BUSINESS TIPS
SUCCESS STORY
 
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ASU-SBDC
Contact Us!
Advising Services: (325) 942-2098
Training Services: (325) 942-2019
 
Website:
www.sbdc.angelo.edu

Proudly serving the small businesses of San Angelo and the Concho Valley for over 20 years.
TOP SMALL BUSINESS NEWS
 
CONCHO VALLEY RURAL SMALL BUSINESS FORUM - NOVEMBER 10th
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.

2ND LUNCH AND LEARN SERIES - NOVEMBER 18th
Last month we held our first monthly brown bag, LUNCH AND LEARN SERIES  to give busy business owners the opportunity to learn about some important small business issues. The lunches are free to attend, and small box lunches are available upon request (when you register.) This month will feature a former banker from Midland-Odessa, TX, Enrique Romero, sharing his insights on "What the Banker Wants to See." Register Today! RSVP: (325) 655-4136.

THE IRS WILL NOT BE MAILING INDIVIDUAL OR BUSINESS TAX PACKAGES
PSA sent 10-15-10

The IRS announced that individual and business taxpayers will no longer receive paper income tax packages in the mail from the IRS. These tax packages contained the forms, schedules and instructions for filing a paper income tax return.  The IRS is taking this step because of the continued growth in electronic filing and the availability of free options to taxpayers, as well as to help reduce costs. The IRS mailed postcards to individuals who filed paper returns last year and did not use a tax preparer or tax software.  The postcard provides information on how to get the tax forms and instructions they need for filing their tax year 2010 return. To obtain tax products not listed the order form (Form 12196), businesses may go to the Forms and Publication page and the Small Business and Self Employment Help Center on

irs.gov.

 

GLOBAL ENTREPRENEURSHIP WEEK - NOV 16-22

For one week, millions of young people around the world join a growing movement of entrepreneurial people, to generate new ideas and to seek better ways of doing things. Countries across six continents come together to celebrate Global Entrepreneurship Week, an initiative to inspire young people to embrace innovation, imagination and creativity. To think big. To turn their ideas into reality. To make their mark. Learn more about this inspiring effort sponsored by the Kauffman Foundation.

TRAINING UPDATE

 
October-January Seminar BrochureView the entire OCT-JAN schedule HERE 

NOVEMBER SEMINARS:

11/3/10
Essentials of Starting a New Business
2 p.m. - 4:30 p.m. / Rassman 100 / Free!

11/4/10
Sales Tax Seminar
6 p.m. - 8:30 p.m. / Rassman 100 / Free!
Guest speaker from the State Comptroller's Office

11/9/10
How to Write Your Business Plan
6 p.m. - 8:30 p.m. / Rassman 100 / Free!

11/10/2010
Concho Valley Rural Small Business Forum
8:30 a.m. - 2:30 p.m. / WTTC / Free!
Followed by a Regional Consortium Meeting
RSVP: 325-657-9214

11/11/10
Basics of Bookkeeping
6 p.m - 8:30 p.m. / Rassman 100 / $20*
Guest speaker is a local C.P.A.

11/16/10
Business Plan Financials
6 p.m. - 8:30 p.m. / Rassman 100 / Free!

11/17/10
Financing Options for Your Small Business
6 p.m. - 8:30 p.m. / Rassman 100 / $10*

11/18/10
Basics of Designing Your Website
6 p.m. - 8:30 p.m. / Rassman 100 / $20*


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
*Payments are collected at the door by CA/CK/CC. Please make checks to ASU-SBDC
Register Online
BUSINESS TIPS ARTICLES
Standard TimesEach week, a member of the ASU-SBDC staff submits a Business Tips article for the San Angelo Standard Times business section. (Articles published Mondays). You can also find them here each month.


WORK TO PREVENT NEGATIVE ATTITUDES 

Paul Howard

Many small businesses at some time or another develop negative attitudes. It is easy to experience this when a lot of the news is filled with negativism such as tax increases, high unemployment and the downturn in the economy. Small businesses could be experiencing reorganization or downsizing.


Growing up on a family farm exposed me to not only a family business but how a family is affected by a business. My parents were the decision makers and as children, we accepted the employee roles. As we got older, conflict would arise when my brothers assumed that one day they would inherit the farm, which was not necessarily my parents' plan. Family businesses can be more complicated and conflicted than non-family businesses.
 

When it comes to marketing your business, one of the most valuable steps you can take is determining how you want to brand your business. By branding your business, you begin to create in your customers' minds a subconscious level of trust that is built from a history of met expectations.


PAYMENT GUIDELINES PRODUCE PROFITS

Peggy Hodges
The repairman handed me a statement of the work and relative costs he had performed at my house, "Here's the bill but the office will mail you an invoice for you to pay." Mail me an invoice I thought. That's a deal. I get to keep my money for a bit longer, use it as I wish then pay my repair bill when I get it. Good deal for me! Bad deal for the repair company.
How many of us simply stack the bills and pay them at a later date? 
FEATURED SUCCESS STORY
Melissa Davis-Crump PhotographyMELISSA DAVIS-CRUMP PHOTOGRAPHY
Featured on our website: www.sbdc.angelo.edu

Melissa Davis-Crump was a student looking to pursue her passion...photography. She had been attending Angelo State University and wanted to startup her own photography company to turn her passion into a full-time job.

After considering her options, Melissa decided to seek out the help of the Angelo State University - Small Business Development Center and Advisor Pedro Ramirez. The client was guided though the process of starting her business and received details pertaining to obtaining an assumed name, sales tax permit and marketing advice.

"Pedro and the SBDC have helped me start my business and helped me expand into a successful one," stated Melissa. "I never would have been able to do it by myself. Photography is my passion."

The project resulted in the creation of two new jobs, but more importantly the creation of a new successful business. Today, Melissa is so busy that she is looking to expand and she's enjoying every minute of it.

 "The way to develop the best that is in a man is by appreciation and encouragement." -- Charles Schwabb

Angelo State University SBDC
www.sbdc.angelo.edu - Training: (325) 942-2019 - Advising: (325) 942-2098
Mailing Address: ASU Station #10910, San Angelo, TX 76909
Office Location: Rassman Room 100, 2222 Dena Dr., San Angelo, TX 76909

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