EVENTS
Turning an Idea into a Business - Howard County Dates: July 17, August 15, September 19 Times:11:00 a.m. to 1:00 p.m. Where: Inventrek Technology Park, 700 E. Firmin, Kokomo 46902 Cost: $25 each stand alone session Click on Date to Register: July 17th Session
----------- Launching Your Own Business - Tippecanoe County Dates & Times: July 18, 3:00-5:00 p.m. August 15, 1:00-3:00 p.m. Where: Greater Lafayette Chamber of Commerce, 337 Columbia Street, Lafayette 47901 Cost: $25 each stand alone session Click on Date to Register: July 18th Session Date & Time: September 19, 1:00-4:30 p.m. Where: Greater Lafayette Chamber of Commerce, 337 Columbia Street, Lafayette 47901 Cost: $25 Click on Date to Register: |
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Regional Director
Business Advisor
Business Advisor
Business Advisor
Adm. Assistant
The Hoosier Heartland SBDC is funded in part through a cooperative agreement with the U.S. Small Business Administrative (SBA), the State of Indiana, and our many local partners including host Purdue University.
Funded in part through a cooperative agreement with the U.S. Small Business Administration, the State of Indiana, and our many local partners. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance by calling your local SBDC. All promotional literature and other materials are provided on a non-discriminatory basis.
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GREETINGS
From Susan Davis
I must admit that I am currently bewildered by business forecasts. I keep hearing that the economy is growing, but very slowly. Retail sales are low, housing is just beginning to rebound a bit. AND yet, when I talk to small business owners, most are very pleased with the way they have "weathered the storm" of the past several years.
Some of their comments include:
- Compared to this month last year, we are XX% ahead.
- We have expanded our service offerings and hiring additional employees.
- Our sales have continued to increase over the past three years.
- 2011 was my best year in the past ten.
- We bought out a competitor in 2011, so our employee numbers are up.
I do understand that this is not the case for all of our businesses, and some of them are struggling. But all in all, it appears that small business has remained very stable throughout these tumultuous times. Small business owners are very flexible and can adapt quickly to tough times.
Even though the economic forecast is bleak, small business owners remain positive about their products and services. Stop in and see them!
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Lt. Governor Skillman's
Advancing Hoosier Women in Business Luncheon
This is the sixth year the Lt. Governor has hosted the Advancing Hoosier Women in Business Seminars. The seminars target business women and provide technical assistance, motivation and networking opportunities.
"Building on the years of success these seminars have brought to communities throughout the state, this year's events will continue to stimulate an even greater interest in entrepreneurship," said Lt. Governor Becky Skillman. "Whether you're a business owner or somebody interested in starting your own business, you'll leave educated and inspired."
Lt. Governor Skillman will serve as the seminar's keynote speaker. The event includes a panel discussion featuring five successful women entrepreneurs from central Indiana, and an opportunity to network.
The seminar will also feature Penny Lee, Vice Chancellor - Indiana University Kokomo, and Felecia Roseburg - Deputy Commissioner for the Minority & Women's Business Enterprise Division.
The Advancing Hoosier Women in Business Seminars are being held in partnership with the Indiana Office of Community and Rural Affairs, the Kokomo Women's Business Council, the Greater Kokomo Economic Development Alliance and the Hoosier Heartland Small Business Development Center.
Date & Time: July 26th, 10:00 a.m. to 2:30 p.m.
Where: PASTArrific - Casa Bella Room, 3001 South Webster Street, Kokomo 46902
Cost: $25 (includes lunch)
Registration Details: Click on this link http://tinyurl.com/7gqq2fz
Questions? Please call 866-961-7232
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CLIENT SPOTLIGHT
The Recycle Guy Roll Off Dumpsters
 Hoosier Heartland SBDC Business Advisor Monty Henderson first met with The Recycle Guy owners, Suzy & Brook Edwards, on February 14, 2011. The clients needed a loan to attain more equipment to expand their existing business in a recession wracked economy. The Recycle Guy's niche is the delivery of new roofing shingles in a patented container that is built to also haul off the old shingles to be recycled for their asphalt content. The trucks and containers are sized ideally to leave a small footprint at a residential work site. The business saves roofing contractors valuable time and space. The advisor logged 36 hours on the funding project. The primary focus was to establish a solid set of cash flow projections that accurately portrayed the financial potential of the business due to the proposed expansion. The resulting business plan was utilized to secure a SBA guaranteed loan in spring 2012. Other support that the advisor provided was to aid in the development of a number of potential funding options that would assist short term business cash flow, stability, and growth. The Recycle Guy's sales doubled in the first quarter of 2012 as compared to the same period in 2011. The company also received the Woman & Minority Owned Business Certification with assistance from the HHSBDC.
Monty Henderson credits the client's persistence in their endeavor to expand their business. "The Edward's ran into a lot of road blocks that may have stopped a lot of others in their tracks, but they kept bouncing back with more resolve each time and their persistence has paid off."
http://www.recycleguy.com/
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MONTY'S MEMOS
It's All About the Customer!
Like many others, I got my first credit card as a college student. It was a gas company card and it had a practical use and it allowed me to establish myself as credit worthy. When I was about to graduate college, I saw an invitation form to apply for a top name brand green - colored credit card (hereafter called the "A Card"). The offer was for college graduates, and I was flattered that they accepted me as a new member.
Click here to keep reading...
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STEVE'S SPEAKING EASY
Speaking of Strategic...
Strategic Partners, buzz words of sorts that is heard frequently in business discussions. But, what or who are they?
Click here to keep reading...
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Hoosier Heartland Indiana Small Business Development Center
Burton D Morgan Center for Entrepreneurship
1201 West State St, West Lafayette IN 47907
TF: 866-961-7232
Inventrek Technology Park
700 East Firmin Street, #106, Kokomo, IN 46902
P: 765-454-7922 TF: 866-961-7232
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