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You have an idea for a product or service, but how do you take it to market? How do you fund it? Is it viable? John Ujvari, Director of Technology Commercialization at NC's Small Business and Technology Development Center, joins hosts Jeff Neuville and Gary Muller on this month's Entrepreneur Exchange to discuss the steps to commercialize a product, from customer discovery, protecting intellectual property, to identifying potential sources. Plus we have businesses to check on this month's Small Business of the Month feature, including mobile pet exercise and a way to support our military spouses. It's all here on this month's Entrepreneur Exchange on The MESH podcast network!Helpful Links: Manufacturing Solutions Center, Small Business and Technology Development Center Small Businesses of the Month: Power Pup Mobile Dog Gym, R RiveterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In the final episode of 2022, Tubby and Booster sit with Alaskan videographer/photographer and content creator, Rick Beal to listen to the 2007 solo debut by Soulja Boy Tell Em, "Souljaboytellem.com". Tubby Show regular, Johnny Kohler stops by as well.
Welcome to Business North Carolina's weekly podcast, serving up interviews with some of the Tar Heel State's most interesting people. On this episode, we chat with Byron Hicks, who was named state director of the N.C. Small Business and Technology Development Center in January. He also serves as assistant vice chancellor of Business and Technology Extension Programs in the Office of External Affairs, Partnerships, and Economic Development at N.C. State University. Byron talks about his journey, his vision for the N.C. SBTDC and more.
Welcome to Business North Carolina's weekly podcast, serving up interviews with some of the Tar Heel State's most interesting people. On this episode, we chat with Byron Hicks, who was named state director of the N.C. Small Business and Technology Development Center in January. He also serves as assistant vice chancellor of Business and Technology Extension Programs in the Office of External Affairs, Partnerships, and Economic Development at N.C. State University. Byron talks about his journey, his vision for the N.C. SBTDC and more.
Laura Miller, Center Director for ASBTDC at A-State, drops in tell us a little bit about SBTDC and how they help up and coming small businesses.
Back in December, Congress passed a $2.3 trillion spending bill that included more than $900 billion in pandemic relief. This was known as Save Our Stages and those monies were to be distributed by the Small Business Association. But no sooner did the SBA portal open on April 8, it shut down, leaving venues frustrated and confused, to say the least. The situation seems ever-changing and fluid and to help us make sense of where we go from here, I spoke to Arts North Carolina’s Executive Director Nate McGaha. About the Guest Nate McGaha has served as the Executive Director of Arts North Carolina, the statewide advocacy organization for the arts, since 2017 where he works for public funding and policy for the arts and arts education. He helped to create the Joint Caucus on Arts and Arts Education at the NC General Assembly, shepherded the NC Arts High School Graduation Requirement into law, and has led several statewide initiatives for relief, reopening, and recovery during the COVID-19 pandemic. Prior to his work in advocacy, Nate was the Executive Director of Carolina Ballet in Raleigh for five years with Artistic Director Robert Weiss. Before coming to the Raleigh area he was the Director of Operations at Charlotte Ballet under the Artistic Direction of Jean-Pierre Bonnefoux and Patricia McBride for seven years after serving as that company’s Resident Lighting Designer since 1996. Nate was also the Production Manager and Lighting Designer for the Chautauqua Ballet Company in the summer months from 1997 through 2009 and toured internationally with Dwight Rhoden and Desmond Richardson’s Complexions Dance Company. He is a graduate of UNC School of the Arts where he received a BFA in Design and Production with a concentration in Lighting Design. Resources / Links https://www.sba.gov/funding-programs/loans/covid-19-relief-options/shuttered-venue-operators-grant (Small Business Association) https://artsnc.org/ (Arts North Carolina (Arts NC)) https://www.nivassoc.org/ (NIVA) https://sbtdc.org/erfc/ (SBTDC) https://www.americansforthearts.org/ (Americans for the Arts) Connect with Beltline to Broadway Facebook – @beltlinetobroadway Twitter – @beltlinetobroadway Instagram – @beltlinetobroadway Web http://www.rduonstage.com/ (www.beltlinetobroadway.com) Support this podcast
Brince Manning, Southeastern Region Manager for the US Chamber of Commerce, provides an overview of the Coronavirus Aid, Relief, and. Economic Security Act. The legislation provides provisions to help small businesses get back on their feet. Thanks for joining us! This episode is sponsored by Truliant Federal Credit Union Visit Truliant here --------------------- Today's host is Brent Christiansen, the Chamber's President and CEO. 1:00 - In response to the COVID-19 pandemic, we at the Chamber are working with community partners to mitigate its effects on businesses, both large and small. In lieu of our regular podcasts, we will be sharing highlights from our Daily Action Calls, where experts share information and resources for businesses to survive in this unprecedented time. 1:43 - Brent kicks off the Daily Action Call with some general housekeeping, community updates about the Paycheck Protection Program applications and introduces today's topic of the CARES Act. 4:15 - Brent introduces guest Brince Manning, manager of the Southeastern Region for the U.S. Chamber of Commerce. 5:50 - Brince dives into some background information about the CARES Act package, what it includes, how it is intended to help the economy during the pandemic, and how funds can be used by individuals, businesses, and government entities. Brince also covers changes to unemployment benefits and how eligibility to that benefit has increased. 9:10 - Brince goes into the major provisions of the CARES Act for employers, from large companies to smaller businesses, sole proprietors, and nonprofits. Benefits include provisions like delaying payroll taxes, increased interest deductibility from 2019 and 2020, the Employee Retention Credit, and other methods for employers to increase liquidity that do not have income generating right now. 13:51 - Brince goes into the differences of how the Employee Retention Credit is applied for companies with more than 100 employees, and those with less than 100 employees, and how the credit can be applied depending on the work situation. He highlights that the Employee Retention Credit cannot be used if businesses choose to participate in the Paycheck Protection Program. 15:35 - Brince moves into how the bill affects mid-sized and larger companies and the credit facilities that will be made available to them. The Treasury Department will be supporting financial institutions across the nation to enable them to make more and larger loans to companies. 17:35 - Next, Brince details how small businesses, self-employed, independent contractors, and nonprofits can participate in the CARES Act. $349 billion has been set aside for these entities to apply for Small Business Loans and qualifications have been extended beyond typical SBA conditions to include sole proprietors and independent contractors. These general loans are not issued by SBA, but instead by qualified local lenders. Brince goes into the important details that businesses need to know to navigate these loans and how they work. 24:14 - Another small business provision to take advantage of is the SBA Economic Injury Disaster Loan (EIDL), which have been around for a long time and are generally issued for businesses impacted by natural disasters like hurricanes or tornadoes. These loans are different than what is in the CARES Act because they generally do not convert to grants, you can borrow up to $2 million that can be paid back over 30 years, and payments can be deferred for up to a year. 26:00 - The CARES Act does add to the benefits of EIDLs. Under the Act, EIDLs can be paired with an emergency grant of up to $10,000 that has to be paid to the business or sole proprietor within 3 days. Additionally, if you are denied the EIDL, you do not have to pay back the grant. 26:50 - Brince details how EIDLs interact with the Paycheck Protection Program, as businesses can generally get both, but cannot seek loan forgiveness with both programs. You cannot take out these two loans to pay the same bills, so make sure to do research about what would be most beneficial to your business and employees. 28:18 - Next, Brince updates listeners about paid sick leave for small businesses, some provisions which come from the CARES Act and some from the Families First Act (also known as the Phase II Bill). Employers with less than 500 employees must provide 10 days of paid sick leave to employees affected by the coronavirus, or those who are impacted by childcare center closures. There is more specific guidance for businesses with less than 50 employees, and all businesses can seek out information at the Department of Labor's website. 31:10 - The Phase II Bill also includes FMLA changes and extended leave due to coronavirus closures. The Bill details how payments are made to the employee, how businesses are protected, and exemptions. 33:18 - Brent thanks Brince for his presentation, and starts with a Q&A session. The first question deals with the funds coming to individuals and how that calculation is made. Brince understands that the funds are based on your most recent income tax filing, whether that is 2018 or 2019, if you have filed already. 34:47 - As a small business with few employees, if you get the EIDL advance but not the SBA Loan, can you still get the Employee Retention Credit? Brince answers that yes, you can. 36:01 - Is there an age restriction for children being classified as a minor-dependent for the CARES Act payments to individuals? Brince confirms that dependents are counted as children. 36:35 - Brent's next question from the audience deals with investor funds and small businesses with angel funding, and concerns around those situations. However, there is limited guidance from the CARES Act for these situations. 38:25 - What is the best way to calculate monthly payroll? The Paycheck Protection Program application has guidance on how businesses can calculate the average monthly payroll, and Brince goes into a little more detail about how various businesses of different ages can do this. 40:31 - Would foreign ownership of a company be a barrier to receiving assistance? Brince explains that the primary residence of the employee must be within the US, but residency of the owner shouldn't impact the ability for program assistance. 41:07 - If you're a franchisee of a franchise that is not on the SBA franchise directory, are you eligible for the Paycheck Protection Program? Brice explains that a franchisee should be permitted to apply for the PPP, as the eligibility list has been expanded and is generally viewed on a case-by-case basis in this situation. 41:50 - Can an individual apply for unemployment if they are in-between leaving one job and starting their next job, which is now on indefinite hold? Brince explains that until the start date of the next job arrives, one should be able to apply for unemployment assistance. 43:13 - What can the $10,000 SBA emergency grant be used for? There are guidelines for how to use those funds, but there are no restrictions on how to use those emergency funds. Just remember that the emergency grant cannot be stacked with the PPP; if you receive both, the emergency grant will be deducted from your PPP funding. 46:16 - Brent and Brince remind listeners to consult with the local SBTDC for assistance with understanding and applying for loans. These experts are here to help you understand which loan is the best fit for you. 48:00 - Brent asks if the $350 million in loan funds is enough to really help the US small businesses survive and if it will be quickly depleted. Brince answers confidently that the loan programs are strong and will not run out of funding for those who need it. However, do your research and don't wait to apply for the loan that will help your business the most! --------------------- Find links discussed in this episode and more resources related to COVID-19at greensboro.org/covid19. Learn more about the NC Small Business Association. Get connected: 336-256-9300 Schedule a virtual or phone appointment with an SBTDC Counselor. Go to the Office of Disaster Assistance and apply for the Economic Injury Disaster Loan. disasterloan.sba.gov/ela/account/login Also reference the Coronavirus Small Business Guidance and Loan Resources page. Want to help the community by donating blood? Check out OneBlood, the main supplier for Cone Health, to find out how and where you can donate blood. Remember to subscribe for new episode notifications each week. Make sure to follow impact. The Boro on social media! Facebook, Instagram and Twitter: @gsochamber Visit the Chamber website at greensboro.org.
North Carolina small businesses and nonprofits are now eligible to apply for the SBA's Economic Injury Disaster Loan program. The working capital loans of up to $2 million can provide vital economic support to small businesses and nonprofits to help overcome the temporary loss of revenue they are experiencing due to the COVID-19 pandemic. Thanks for joining us! This episode is sponsored by Truliant Federal Credit Union Visit Truliant here --------------------- Today's host is Brent Christiansen, the Chamber's President and CEO. 0:33 - Brent kicks off the discussion with a few housekeeping items, updates that business owners need to be aware of in the changing world of COVID-19, and what community resources are available. We'll dive more into the SBA Loans that have recently been made available and what that means for small business owners. 3:34 - Today's guests are from the Small Business Association. We're joined by Levi Kinnard, Economic Development Specialist from the NC District Office, as well as Bob Weston and Victor Dau, Director and Assistant Director of the Piedmont Triad Region for the Small Business Technology Development Center. 4:39 - Brent asks Levi to walk us through what the new SBA Loans are, how to apply for a loan, and other important information that business owners should know about receiving assistance. Levi explains more details about the Economic Injury Disaster Loan, which is now available because of the Governor's declaration of a state of emergency. 7:19 - Brent asks about which businesses and organizations can qualify for this loan. Levi explains how the disaster loan program is operating differently in this situation, as there is no physical damage from COVID-19, like what we would see after a hurricane. In this case, small businesses and non-profits are now eligible to receive these loans, and he explains how some of the loan guidelines have been relaxed due to the unconventional nature of the COVID-19 crisis. If you need help putting together your disaster loan application, Levi lists many resource groups in Greensboro who are available to help. 11:34 - Brent asks about the calculation involved in the loan process based on a business's ability to pay. Levi explains that the SBA loans are working capital loans, which takes into consideration pre-crisis revenues and operating costs. Based on that, assessors will look at your ability to repay the loan once business is restored. However, deferment periods are being built into the loan to protect the longevity and sustainability of business operations. 13:04 - Are there any regulations and tracking methods about how the loan funds can be used? Levi explains that there are guidelines, but the loans are intended to help with operating costs - bill payments, fixed debts, payroll, accounts payable - but are not intended to replace lost sales or allow businesses to expand. 14:17 - Brent inquires about which, if any, industries are excluded from applying for these loans? Levi lists that agricultural enterprises (who rely on the USDA), religious and charitable organizations, small businesses that make ⅓ or more revenue from gambling profits, casinos and racetracks are barred from applying for this loan. 15:54 - Some questions from the online group chat are based around what would be considered collateral for these types of loans. Levi explains that there is a collateral requirement for any loans over $25,000 and while personal or business collateral can be put up, real estate is preferred. 17:13 - Brent reads another question from the chat asking if business owners should wait and see the financial impact in a few weeks, or apply for the loan sooner? Levi recommends applying sooner (especially if you've already seen an impact) and get approved for as much funding as possible. This is because it is easier to be approved for more funding now and not spend it all, rather than ask for multiple loans throughout the crisis. 18:51 - A question from a young business: If your business is less than a year old and doesn't have the year-over-year revenues to determine need, how are those loan applications handled? Levi explains what documentation is needed if your business is newly established, and that the Office of Disaster Assistance can make a credit decision based on all the information that is given to them. 20:39 - Brent asks for the loans up to (but not over) $25,000, what are the terms and negotiating items that businesses should be prepared for? In these cases, there is no collateral requirement, and you can negotiate with the Office of Disaster Assistance on the repayment terms of the loan to reduce the monthly cost up to 30 years. 21:57 - Levi offers clarification about what defines a “small business” and which organizations would qualify for these new SBA loans. Levi recommends finding out your NAICS classification code. 24:08 - Brent brings on Bob Weston, who details the wide range of services the SBTDC offers ordinarily to help businesses, and then speaks specifically what the organization can do now to help small businesses with their loan applications and make the process as easy as possible. Bob reiterates Levi's recommendation to go ahead and apply for these loans, use the checklist and reference the paper application before submitting the electronic application. 30:17 - Brent reads another question from chat, asking how long it will take for funds to be dispersed. Levi explains that the normal processing time for an application is 8 to 21 days, but one of the biggest hindrances to getting funds is that business owners do not check the message center that loan officers communicate through. Levi recommends frequently checking the loan message center for any updates. Once the loan is processed and approved, there is usually a 5 day distribution period. 34:34 - Brent asks what the difference is between an SBA 504 loan and these new disaster loans. Bob explains the details of typical SBA loans, and how the disaster relief loans are different. Levi adds that there is no cost to apply for a disaster loan and no obligation to take the loan if it is offered. 37:44 - For business owners with branches in several locations, the recommendation is to apply for a loan for the main business location. Corporate structure decides whether you apply for one or two loans; if both companies originate from the same corporate entity, then you would apply for one loan. For questions specific to your business situation, be sure to contact an SBTDC Counselor. --------------------- Learn more about the NC Small Business Association. Get connected: 336-256-9300 Schedule a virtual or phone appointment with an SBTDC Counselor. Go to the Office of Disaster Assistance and apply for the Economic Injury Disaster Loan. disasterloan.sba.gov/ela/account/login Also reference the Coronavirus Small Business Guidance and Loan Resources page. Want to help the community by donating blood? Check out OneBlood, the main supplier for Cone Health, to find out how and where you can donate blood. Remember to subscribe for new episode notifications each week. Make sure to follow impact. The Boro on social media! Facebook, Instagram and Twitter: @gsochamber Visit the Chamber website at greensboro.org.
The day is here, bittersweet is an understatement. In this episode, I’ll tell you about the upcoming meeting that will change my training routine. What’s your routine like and what are some challenges you’ve faced? I would love to hear about them. Feel free to follow me on Twitter and or Instagram at @BarnesJJ74. As always, thank you for listening!
Christy and Cheryl get to meet a lot of interesting people. After a particularly fun and productive meeting with Stacey Fowler from SLATE and Kevin Wilson from the SBTDC, they knew they had to have them on the show. Get ready to take some notes - you won't believe the golden opportunities and hidden gems out there to help you get training, tap new talent or pursue your startup dream. Some of you who grew up in St. Louis may remember SLATE - the St. Louis Agency on Training and Employment - as the place to get a summer job. As Stacey Fowler shares, it is so much more. From apprenticeships that benefit both workers and employers to employment services and an entrepreneurship training program offered in partnership with SBTDC and Legal Services of Eastern MO, there is something for everyone who wants to build a business or career in St. Louis. Kevin Wilson from SBTDC is in studio alongside Stacy to explain how their partnership works, how they created a new nonprofit to create the Small Business Empowerment Center and the City's Project Connect Action Plan that connects development projects north of downtown, including NGA. He also gives listeners some insider tips on how to prepare their company to do business with NGA. ETHINKSTL-022 -SLATE AND SBDC-Connecting Earners with Owners
Entrepreneurially Thinking: Innovation | Experimentation | Creativity | Business
Christy and Cheryl get to meet a lot of interesting people. After a particularly fun and productive meeting with Stacey Fowler from SLATE and Kevin Wilson from the SBTDC, they knew they had to have them on the show. Get ready to take some notes - you won’t believe the golden opportunities and hidden gems out there to help you get training, tap new talent or pursue your startup dream. Some of you who grew up in St. Louis may remember SLATE - the St. Louis Agency on Training and Employment - as the place to get a summer job. As Stacey Fowler shares, it is so much more. From apprenticeships that benefit both workers and employers to employment services and an entrepreneurship training program offered in partnership with SBTDC and Legal Services of Eastern MO, there is something for everyone who wants to build a business or career in St. Louis. Kevin Wilson from SBTDC is in studio alongside Stacy to explain how their partnership works, how they created a new nonprofit to create the Small Business Empowerment Center and the City's Project Connect Action Plan that connects development projects north of downtown, including NGA. He also gives listeners some insider tips on how to prepare their company to do business with NGA. ETHINKSTL-022 -SLATE AND SBDC-Connecting Earners with Owners
Christy and Cheryl get to meet a lot of interesting people. After a particularly fun and productive meeting with Stacey Fowler from SLATE and Kevin Wilson from the SBTDC, they knew they had to have them on the show. Get ready to take some notes - you won’t believe the golden opportunities and hidden gems out there to help you get training, tap new talent or pursue your startup dream. Some of you who grew up in St. Louis may remember SLATE - the St. Louis Agency on Training and Employment - as the place to get a summer job. As Stacey Fowler shares, it is so much more. From apprenticeships that benefit both workers and employers to employment services and an entrepreneurship training program offered in partnership with SBTDC and Legal Services of Eastern MO, there is something for everyone who wants to build a business or career in St. Louis. Kevin Wilson from SBTDC is in studio alongside Stacy to explain how their partnership works, how they created a new nonprofit to create the Small Business Empowerment Center and the City's Project Connect Action Plan that connects development projects north of downtown, including NGA. He also gives listeners some insider tips on how to prepare their company to do business with NGA. ETHINKSTL-022 -SLATE AND SBDC-Connecting Earners with Owners
Today Cheryl and Christy are with Lynette Watson from our local Small Business and Technology Development Center – also known as SBDC or SBTDC - and Michael O’Brien from Prosperity Connection. Like many organizations in the St. Louis entrepreneurship ecosystem, these two work very closely together to help promote financial empowerment and entrepreneurship in the community. From Prosperity Connection's Excel Centers and Red Dough Money Center to SBTDC's Innovate HER and the Fantasy Food Fair Business Competition, there is a lot going on in Old North and throughout the City for aspiring entrepreneurs. Lynette, a small business owner herself, give us insights on moving from "hobby to hustle" and the importance of initiatives like the Look Like Me Mentor Project that works to engage people of color as mentors and subject matter experts. Michael explains how having access to a nonprofit alternative to payday lending, credit building programs and support from financial counselors strengthen local businesses and their customer base. Once again, our guests remind us of the myriad ways you can get engaged in and benefit from the economic growth of our region - the goal is to make sure no one is left behind. With each new episode we invite you believe in yourself, then find the people and resources to help you transform your life. Let's go!
Today Cheryl and Christy are with Lynette Watson from our local Small Business and Technology Development Center – also known as SBDC or SBTDC - and Michael O'Brien from Prosperity Connection. Like many organizations in the St. Louis entrepreneurship ecosystem, these two work very closely together to help promote financial empowerment and entrepreneurship in the community. From Prosperity Connection's Excel Centers and Red Dough Money Center to SBTDC's Innovate HER and the Fantasy Food Fair Business Competition, there is a lot going on in Old North and throughout the City for aspiring entrepreneurs. Lynette, a small business owner herself, give us insights on moving from "hobby to hustle" and the importance of initiatives like the Look Like Me Mentor Project that works to engage people of color as mentors and subject matter experts. Michael explains how having access to a nonprofit alternative to payday lending, credit building programs and support from financial counselors strengthen local businesses and their customer base. Once again, our guests remind us of the myriad ways you can get engaged in and benefit from the economic growth of our region - the goal is to make sure no one is left behind. With each new episode we invite you believe in yourself, then find the people and resources to help you transform your life. Let's go!
Entrepreneurially Thinking: Innovation | Experimentation | Creativity | Business
Today Cheryl and Christy are with Lynette Watson from our local Small Business and Technology Development Center – also known as SBDC or SBTDC - and Michael O’Brien from Prosperity Connection. Like many organizations in the St. Louis entrepreneurship ecosystem, these two work very closely together to help promote financial empowerment and entrepreneurship in the community. From Prosperity Connection's Excel Centers and Red Dough Money Center to SBTDC's Innovate HER and the Fantasy Food Fair Business Competition, there is a lot going on in Old North and throughout the City for aspiring entrepreneurs. Lynette, a small business owner herself, give us insights on moving from "hobby to hustle" and the importance of initiatives like the Look Like Me Mentor Project that works to engage people of color as mentors and subject matter experts. Michael explains how having access to a nonprofit alternative to payday lending, credit building programs and support from financial counselors strengthen local businesses and their customer base. Once again, our guests remind us of the myriad ways you can get engaged in and benefit from the economic growth of our region - the goal is to make sure no one is left behind. With each new episode we invite you believe in yourself, then find the people and resources to help you transform your life. Let's go!
Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals
QuickBooks and Mobile App Guru, Technology Addict and public speaker - where she has the privilege of offering insight, information and best practices in a completely unscripted, entertaining and sometimes irreverent way. With nearly 20 years of experience in the accounting and payroll industry, she specializes in educating small businesses about embracing mobile and online solutions to increase their bottom line. She was the very first QuickBooks ProAdvisor to get her QuickBooks Online certification, and is recognized globally as the foremost expert on the product. She is the original author of a number of www.IntuitAcademy.com training courses, Intuit's QuickBooks Online training material for US, Singapore, Canadian, Australian & UK versions, as well as the QuickBooks ProAdvisor QuickBooks Online Certification Course & Exam. Often called “The QBO Queen” (although she prefers Supreme Global Empress…), she is passionate about encouraging any small business to embrace the interwebs to work better, faster and to do it ANYWHERE. Stacy teaches regular QuickBooks and technology workshops through the local county SBTDC, as well as the local community college and continuing education classes for various school districts. Her speaking engagements include RadioFreeQB.com live every Wednesday night, RFQTv.com, 2012 & 2013 Spark & Hustle Tour, the Sleeter Group's 2012 Small Business Technology Road show, many industry trade shows and training sessions for conferences like Scaling New Heights, Accounting Solutions Conference, as well as national events for Wells Fargo and the Int'l Association of Administrative Professionals. Most recently, Intuit sent her to Australia to do live events teaching accountants & bookkeepers QBO & how to move their practices online. Specialties: Internationally recognized expert in QuickBooks Online & Intuit Appcenter QuickBooks Pro, Premier, Mac & Enterprise Solutions QuickBooks Payroll - All Versions
Paul Bateson and Virginia Wilson, both from the Small Business & Technology Development Center (SBTDC) discuss the scope of entrepreneurial classes offered by the SBTDC.