August
2014

Missouri Business eNews

MO SBTDC, MO PTAC, Mid-America TAAC, Workforce Program

Transforming Missouri Businesses

University of Missouri Business Development Program

Success stories

TD4 Electrical, LLC - St. Louis

What do St. Louis' gleaming new Ballpark Village, its new art museum addition, the Iowa State Cyclones, the NFL's all-time top rusher Emmitt Smith, IBM and the rain have in common?

Read about TD4 Electrical.

Mark Twain Cave - Hannibal (Where are they now?)

BDP helps make this business much more than a hole in the hillside.

Read the update with a video about Mark Twain Cave.

For more information about doing business in Missouri, visit the MissouriBusiness.net website or contact a business development specialist at one of our centers to receive confidential assistance tailored to your needs.

News & alerts

KC business owners eat dinner with president, visit White House

BDP client wows White House chief technology officer. Another reportedly steals his fries.

Read about the Obama visit.

MU Extension Workforce Program: Creating pathways to employment

Missouri's long-term unemployed workers face many challenges. That's where we can help.

Read about the BDP Workforce Development Program.

BDP provides training for every type and size of business

Stumped about your next move? We can help.

Read about BDP training offerings.

5 growing industries

What are tomorrow's top industries? Here are five candidates.

Read about growing industries.

St. Louis accelerator announces $50,000 investment in 12 women-led startups

Prosper applications open Sept. 1 for Jan. 2015 startups.

Read about Prosper investments.

IRS adopts taxpayer bill of rights

New document outlines 10 key provisions.

Read about the taxpayer bill of rights.

BDP people in the news

Larry Dill named CGBP Certified Trainer, one of only two in state; Greg Tucker named SBTDC associate director.

Read about Dill and Tucker.

Mid-America Trade Adjustment Assistance Center helps 33 manufacturers compete this year

Center implemented 23 contracts last quarter, helped 33 manufacturers in Missouri, Kansas and Arkansas boost sales.

Read about the Mid-America TAAC program.

SBA announces Supplier Pay

New payment system for small business suppliers to shorten payment times.

Read about Supplier Pay.

Tips

Don't quit! It's supposed to take a long time

The average time it takes a company to be successfully liquidated is 6.5 years -- but 99 percent of firms never get acquired and are never liquidated, so pace yourself for the long haul.

Read about sticking with your startup business.

- Contributed by Weston Bergmann, lead investor of Kansas City-based business incubator and accelerator BetaBlox.

5 tips to escape the trap of working harder and accomplishing less

Avoid burnout and get the same amount of work or more done in less time.

Read suggestions for working smarter instead of harder.

- Contributed by Kelly Burkart through a partnership with US Bank.

Learning around the state

The BDP offers a variety of outstanding educational opportunities throughout the year. Here are highlights of upcoming events.

August 23: MU Extension Urban East Region Centennial Celebration
September 3-5: Governor's Conference on Economic Development
September 10 (11 sessions; runs through Nov.): Small Business Academy
September 11 (10 sessions; runs through Nov.): Ice House Entrepreneurship Program
September 17: Holiday Success Planning

Business training

Educational offerings are available for the following major subject areas:

Starting a business
Writing a business plan
Business management (including FastTrac)
Marketing/sales (including social media/e-commerce)
Finance/cash flow/bookkeeping (including QuickBooks)
Winning grants
Human resources/hiring employees
Growing a business
Exporting/international trade
Selling to the government
Special conferences for women, veterans, government procurement, more

Visit the small business training calendar or the procurement training calendar for more events, dates, details and registration information.

Economic impact numbers reveal $102 of return for every $1 invested

From 2011 through 2013, the programs within the Business Development Program assisted clients in creating almost $2 billion in economic impact, including creating or retaining 30,383 jobs, increasing sales by $666 million, acquiring investments of $661.9 million, winning government contracts of $608.2 million and obtaining research awards of $16.8 million.

Contact a BDP specialist near you and learn how to transform your business.

Missouri Business eNews is published monthly by the University of Missouri Extension Business Development Program,
W1051 Lafferre Hall
Columbia, MO 65211
573-882-4321
bdpnewsletter@missouri.edu
MissouriBusiness.net

Do you have a topic to share with your fellow small business owners? Is there a topic you'd like to learn more about? Please send ideas to our editor Neal Fandek at FandekN@missouri.edu.

For more information about doing business in Missouri, visit the website at MissouriBusiness.net or contact a business development specialist or procurement specialist at one of our centers to receive confidential assistance tailored to your needs.

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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.

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America's Small Business Development Centers

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