New Overview Presentation for the Small Business Center at JSCC

Lee Woodard

JSCC SBC Director

Small Business CenterAn Overview

Warsaw Chamberof Commerce

February 2015

• What is the NC Small Business Center Network?

• What does the JSCC SBC offer?

• What do you need & how can we help?

Introduction2/10/2015 Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved. 2

NC Small Business Center Network

The most extensive state funded small business assistance program in the nation

2/10/2015 Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved. 3

NC Small Business Center Network2/10/2015 4

• Started in 1984 by the NC General Assembly

• SBCs are hosted by NC Community Colleges

• Some SBCs have multiple sites or satellite offices – 60+ offices state-wide

• SBCs purposively focus on entrepreneurship & economic development

• There is a SBC within a 30 minute drive of every NC resident

• 100% State funded through NC Legislature ($6.1M FY2013-2014)

• Funding represents an investment of $2,117 per job created/retained by network

Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

JSCC Small Business Center in a Nutshell

• Purpose is to create startups, assist troubled businesses & create/retain jobs

• All services are FREE– Confidential One-on-One Counseling

– Workshops & Seminars

– Resources & Referrals

• Seminars/Workshops (up to 10hrs, most 3 hrs)

• Local and Available

2/10/2015 5Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

Primary purpose is Main Street economic development

• Increase success rate and number of profitable small businesses

• Create jobs

• Provide a significant education component

• The SBC is the lead agency for exploringbusiness ownership & the go-to technicalassistance provider for downtown &Main Street businesses

• Boots 2 Business: SBCs are the lead NC agency for training to transitioning military members

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Our Primary PurposeCopyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

Our Mission, Vision, & Tag Line

• Mission StatementThe mission of the JSCC SBC is to increase the success rate & number ofviable small businesses in Duplin County & the surrounding areas byproviding high quality, readily accessible assistance to prospective &existing small business owners, with the goal of job creation & retention.

• Vision StatementJSCC SBC’s clients are recognized as consistently outperforming their peers.

• Tag LineKnowledge. Solutions. Results.

2/10/2015 7

Why We Exist …Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

In addition to being free, our workshops & seminars are:

• Taught by experts

• Core curriculum (2x per year)– How to Start a Business– Financing Your Small Business– How to Write a Business Plan– Market Research and Marketing– Record Keeping and Taxes

• Can be combined (NC REAL, FastTrac, Rural Center)

• Can be based on local interest/need

Workshops & Seminars2/10/2015 8Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

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2014 -2015 Upcoming Seminars

Date Seminar Series

Nov 2014 How to Start & Operate an Internet Sales Business for Beginners Start-up Assistance

Dec 2014 Fueling Your Small Business Financing/Capital

Jan 2015 Growing Your Business with Social Media-the New Competitive Advantage Technology

Jan 2015 What Gets Measured, Gets Managed: Critical Metrics for Any Business Business Accounting/Budget

Jan 2015 Building a Wordpress Website for Small Businesses Technology

Feb 2015 How to Use QuickBooks, Part I Business Accounting/Budget

Feb 2015 Customer Service in a Customer Empowered World Customer Relations

Feb 2015 How to Use QuickBooks, Part II Business Accounting/Budget

Feb 2015 Why Successful Businesses ARE Successful Managing Business

Mar 2015 How to Increase Your Credit Score (over 740) & Prepare for a Bank Business Loan Financing/Capital

Mar 2015 Are You Ready to Start A New Business Start-up Assistance

Mar 2015 The Art of Negotiating Marketing/Sales

Mar 2015 The 20 Best Businesses to Start in 2015 and Why (Other)

Mar 2015 How to Cash Flow, Fund and Finance A Small Business Start-up Assistance

Apr 2015 The Art of Marketing and Advertising A Small Business Marketing/Sales

Apr 2015 How to Write a Business Model and Plan Start-up Assistance

Apr 2015 It's About Time (Managing Your Time) Managing Business

Apr 2015 25 Ways to Increases Sales & Profits for a Small Business Marketing/Sales

May 2015 How to Attract & Retain Customers Customer Relations

May 2015 Grant Writing Fundamentals Nonprofit

May 2015 Fueling Your Small Business: Microenterprise Loan Program Financing/Capital

Jun 2015 The Power of Green: People, Planet, & Profits Other (Sustainability)

Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

NC SBCN’s Impact at a Glance (FY13-14 )

• 3,921 Entrepreneurship Training Events

• 46,678 Event Attendees

• 5,796 Counseling Clients

• 15,836 Counseling Hours

• 1,769 Jobs Created

• 1,116 Jobs Saved

• $2,116 Per Job Created/Retained

• 616 Business Startups

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By the Numbers …Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

Online Access & Registration2/10/2015 11

Reach us at www.ncsbc.net or www.jamessprunt.edu/small-business-center

Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

• What business or agri-business educationtraining is most needed in Duplin County?

• What resources are most needed to supportsmall business owners/farmers?

• JSCC SBC 3-5 year strategic plan– Branding/Understanding of JSCC SBC & our Services– Equal Focus on Existing Small Businesses– Identify Opportunities to Maintain/Increase Funding

• New Innovations/Upcoming Initiatives:– Duplin Promise … Entrepreneurial Academy Bootcamp– County-wide Small Business Challenge

– Small Business Update – Duplin County (SurgeRadio)

– Vo-Tech Entrepreneurial Focus (e.g., Barber School)

– Duplin County R&D Center

What’s Next?2/10/2015 12Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

• Main Street Challenge – Spartanburg, SC

• Proposed County-Wide Challenge– Two Competitive Tracks

• Real Estate Component

• New Job(s) Component

– Consider Non-Profit Track?

• Outside Panel of Judges (Two Step Evaluation Process)

• Proposed Awards for Winners– Target: Cover 50% - 80% of First Year Fixed Costs– Cash (Amount TBD)– In-Kind Services (Legal, Tax Assist, Social Media Mkt, Advertise, Utilities, etc.)– First Year Rent Waived (Three Year Lease)– Will Require Substantial Sponsorship

• Potential Funds for Building Refurbishment

• Advisory Board Complete (Seven Members)

• Request Chamber Involvement – Next Steps

Small Business Challenge – Duplin County2/10/2015 13Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

• Small Business Update – Duplin County

• Live Radio Talk Show– Hosted by Lee Woodard– Weekly Guests– Listener Call-In Format– Seeking Sponsors– Small Business Topics of Interest

• Feb 7th: Real Estate

• Feb 14th: Rural Economic Development

• Feb 21st: Art of Hope – Sm Biz Profile

• Powered by SurgeRadio– 100.5 FM– 710 AM– surgeradio.org

Small Business Update – Duplin County2/10/2015 14Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

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JSCC Continuing Education … No Wrong Door

AlliedHealth

BasicSkills

CustomizedTraining

PublicSafety

SelfSupporting

SmallBusiness

WorkforceDevelopment

Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.

For more information about the SBC & our services:

Lee WoodardDirectorSmall Business CenterJames Sprunt Community [email protected]/small-business-center

Contact & Social Media Information2/10/2015 16Copyright © 2014-2015 James Sprunt Small Business Center. All Rights Reserved.