Greetings!
 

We focused on marketing in January, and now will focus on finance in February. We have an all-star lineup set for the next few weeks, so please consider stopping in and being a part of the conversation! We are at the Lifespan Center, Loxa Road 11021 E County Road 800 North, Charleston.

 

Here is next week's schedule:

 

Monday, Feb 4th - Market Plan Revisions

Lifespan Center

 

Tuesday, Feb 5th - Lessons Learned from the former owner of Two Flowers Restaurant and Catering
with Sam Fuller
Lifespan Center

 

Wednesday,Feb 6th - Lorenz Supply Tour
with Brian Titus
113 S 21st St. Mattoon, IL

 

Thursday, Feb 7th - Business Location, Rent or Buy
with Dan Corrie of Corrie Appraisal
Lifespan Center

 

Friday, February 8th - Personal Financial Planning
with Tony Sparks
Mattoon YMCA
221 N 16th St. Mattoon, IL


SWOT Analysis, Generational Perspectives
 
The students were introduced to SWOT analysis, which identifies a business's strengths, weaknesses, opportunities, and threats. Conducting a SWOT analysis is an important exercise to develop your business strategy.  We also discussed the different perspectives each generation shares from their life experiences and how it affects their buying habits and decisions. This also needs to be considered when satisfying  your target market.


Flesor's Candy Kitchen 
with Ann Beck

Ann Beck came by to share her heartwarming story of how she and her sister, Devon, re-opened their family's candy store in downtown Tuscola many years after their father had closed it. She discussed how their unique story along with a wonderful customer experience has  gained their business national exposure in newspaper and television. Now, people from all over the country stop by to visit with the sisters and remember their childhood days.
 


Burger King
with Gene Hoots
 
The legendary Gene Hoots gave us a tour of the original Burger King in Mattoon. It started as an ice cream shop and expanded into burgers. We learned the hardships of just starting a new business, his lawsuit with the franchise Burger King over the name, and how the increase in minimum wage can greatly affect small businesses. At the end of the class Gene treated us all to an ice cream cone. Thanks for the hospitality Gene!


Book Review of Steve Jobs 
by Jelani Hurtault

Jelani shared the story of Steve Jobs of Apple fame.  We learned how gifted Steve Jobs was in marketing his products and how ruthless he could be with his employees. It is simply amazing how many advances in technology, design and on-line retailing can be credited to Steve.
     


Coles Together 
with Angela Griffin

Angela Griffin, CEO of Coles Together, came to speak to the class today about how she markets to businesses near and far to get them to bring them to Coles County. She reiterated how essential it is to know your SWOT analysis and have a quick business proposal, or "Elevator Pitch", packed with your unique advantages over your competitors.

Class Investors


Advanced Digital Solutions

Anonymous (2)

Bella Vein Laser Center Medical Spa

City of Charleston

City of Mattoon

Coldwell Banker Real Estate

Commercial Electric

Corrie Appraisal & Consulting, Inc.

Curry & Co.

Curry Construction

Dr. Dean and Jeanne Dau

Diepholz Auto Group

Ealy's Real Estate Appraisals

Eastern Illinois Properties

First Federal Savings & Loan Association

First Mid-Illinois Bank and Trust

First Neighbor Bank

Flesor's Candy Kitchen

General Electric

Gilbert, Metzger & Madigan LLP

Jerome C. Groniger

Howell Paving, Inc.

Innovative Staff Solutions

Lake Land College

LD Mechanical Contractors

Lifetime Eye Care

Lorenz Supply Company

Marketing by Jones, LLC

 

McDonald's of Coles County 

Midas

Mid-Illinois Concrete, Inc.

 

Pinnacle Foods Group, LLC

Porter Auto Body

Reed's Fly-On Farming

 

Company

Rural King Supply

Sarah Bush Lincoln 

Health System

Scholes Trucking, Inc.

Eli & Ann Sidwell

The Sparks Foundation

Unique Home Properties

United Graphics, Inc.

Upchurch Group, Inc.

Vantage Outsourcing

Veolia Environmental Services

Wells Fargo Advisors

West & Company, LLC

Other Financial Contributors