Missouri Business eNews: June 2012
Transforming Missouri businesses

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In this issue
Success story: Fumatore di Sigaro
Cape Girardeau

Turning passion into profits
Scott Pietreface of Fumatore di Sigaro; click to read full story 
Scott Pietreface in his 240-square-foot, Spanish-cedar lined, air-purified humidor.

Scott Pietreface is a cigar aficionado.


Make that a cigar aficionado's aficionado.


In casual conversation, Pietreface, sole owner, proprietor and employee of Fumatore di Sigaro Premier Lounge and Cigar Shoppe, Cape Girardeau, throws out such terms as belicoso, habano and draw in speaking of his business, the cigar renaissance and the joy of hand-crafted cigars. He speaks with the rapidity, knowledge and intensity of nearly 30 years of savoring cigars.


But knowledge and passion, as every small business owner knows, aren't enough. Pietreface knew he needed help and couldn't do it alone.

Continue reading this success story with additional photos and a video.

Transforming Missouri businesses ...
ProfitCents: MO SBTDC's new financial analysis tool offers unparalleled financial analysis -- and a peek at your future

ProfitCents; click to read full story How well has your business weathered the recession? Are you poised to seize the opportunities created by customers re-opening their wallets, cautious as this recovery is? Do you know how well you are doing in comparison with your competition and how well you will be doing?


To answer these questions you need precise, in-depth financial data. And the MO SBTDC's new ProfitCents is the tool to get it done. reviewing financial data; click for full story


ProfitCents is a web-based financial analysis software suite that turns complex financial data into a report written in plain language, with charts and graphs whose meaning you can grasp in a glance. The report uses ratio and trend analysis as well as unique industry comparisons and even expectations to analyze your firm's financial health in hundreds of categories from sales, inventory and assets to debt, payroll and borrowing capacity to better position your firm for growth.


Learn more about ProfitCents.
Seasonal small business offers equal parts challenge and opportunity

Owners of seasonal small business are feeling cautiously optimistic this year.

Although some admit that the premature arrival of warmer temperatures caught them by surprise with an early influx of business, they're taking that as a sign of good things to come. "We weren't ready for this," one store owner told us, "but we'll take it" as she hurried to unpack inventory and change light bulbs. If you add to that early spring the encouraging upticks in the general economy, some seasonal entrepreneurs are thinking this may be one of the best years they've had recently.

Continue reading for tips on seasonal businesses.
EAC recycling symbol Business going green

Happy Hollow Farm: Bringing organic, local produce to mid-Missouri

A new word, "locavore," defines a growing number of people interested in eating seasonal, local and organic food. The explosion in farmers markets and specialty produce markets is testimony that many consumers are seeking a closer connection to the sources of their food.

Farmer Liz Graznak, owner of Happy Hollow Farm
"Farmer Liz" Graznak, owner of Happy Hollow Farm


There are many reasons for this trend, including concerns about food safety and the environmental impacts of eating large-scale, commercially grown food. Research suggests that locally grown foods can also have positive impacts on the local economy by requiring local labor for farming and processing activities. However, farming is pretty much a year-round activity that produces profits only at harvest, so many small farmers find themselves at best economically challenged during growing seasons and at worst shutting down operations.

Read more about Community Supported Agriculture.

Red Flags Rule

Do you extend credit or bill your customers later? What you need to know about the FTC's Red Flags Rule

Identity theft is on the rise. Impacting more than 10 million consumers each year, it also costs businesses an estimated $221 billion annually. To help combat this threat, the Federal Trade Commission (FTC) has just implemented new regulations designed to help prevent identity theft, known as The Red Flags Rule.

If you are a small business that provides products and services to your customers and bills them later, there's a good chance you need to comply with these new requirements.

Read on to determine if the Rule applies to you and how to comply.


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Wed., Jun. 20
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Thur., Jul. 19 

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Thur., Aug. 2 

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