America’s SBDC Blog

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Pennsylvania SBDC Client Wins National, State and Regional Export Awards

November 2, 2015
PA-success-zeigler-bros-exportingSuccess Story: Pennsylvania

“We feel extremely honored and grateful to be recognized for our success in exporting. As a small business, we’ve been fortunate to have had the support of federal agencies such as SBA, U.S. Commercial Service, U.S. Department of Agriculture, and the support of local resources such as the Kutztown Small Business Development Center (SBDC) and World Trade Center of Harrisburg to assist us in our vision to expand globally.” – Matt Zeigler, Vice President of Operations, while accepting the SBA National Exporter of the Year award during World Trade Day in Denver

Impact of working with the Pennsylvania SBDC: Zeigler Bros Inc. is a third-generation, family-owned business specializing in the formulation and manufacture of specialty feeds. A Kutztown University SBDC client for more than 15 years, Zeigler Brothers has seen several years of remarkable growth and has recently been awarded for its achievements. (more…)

The Truth Behind Franchise Ownership

October 28, 2015

frannet-the-truth-behind-franchise-ownershipWhat does it take to own a franchise? In many ways, the responsibilities of a franchise owner align quite similarly with those of a small business owner. Even though they are essentially the same, the franchise owner starts off with a few more advantages.

There are many franchise concepts and some of them offer a type of product or service that connects directly with the customer. Depending on which franchise you choose, you could be very involved with the public on a daily basis. If you don’t have the patience or personality to deal with complaints, demands and the occasional attitude, then you might want to look for a franchise that does not need you on the front lines. Carefully understand the outline of your responsibilities and don’t settle for something you aren’t passionate about.

As an owner you need to make sure you have a strong team of employees, so you need to prepare for effectively training and motivating your team. The franchisee’s training and on-going support will come from the franchisor; however, the franchisee must pass on his or her knowledge and use it to better their individual operation.  (more…)

Engineering Success

October 26, 2015
M3-MarjorieMeltonSuccess Story: Missouri
  • St. Louis SBTDC, Missouri SBTDC network
  • Client: M3 Engineering Group PC – SBTDC client since 2008
  • SBTDC Consultants: Kevin Wilson (St. Louis SBTDC); Larry Dill (MO SBTDC International Trade Center); Greg Tucker (MO SBTDC)

“Kevin and his staff are extremely helpful, responsive and there for us when we need them most. They helped us obtain initial start-up funding from SBA and the Urban Enterprise Loan fund, and provided valuable training to help us navigate the murky waters of a small business start-up.” – Marjorie Melton, CEO and co-founder, M3 Engineering Group

Impact of working with the Missouri SBTDC: Secured capital funding (SBA, Urban Enterprise loans) of $545,000.00; doubled revenue from $1.2 million in 2012 to $2 million last year, and expect $2.5 million+ in 2015.

Read the whole story, and learn more about the Missouri SBTDC and the M3 Engineering Group.

Army Veteran’s Business Battles Bullying

October 23, 2015
UTSA-Success-Success-Army-Vet-Battles-BullyingSuccess Story: Texas

“The (UTSA SBDC) staff are experts in leveraging business acumen and providing resources, advice and access to avenues that help small-business owners start and grow their business. I highly recommend them to any veteran starting their own business.” – Tim Porter, Founder & CEO, Appddiction Studio

Tim Porter planned on a long career in the military, quickly moving up the Army ranks for nearly 10 years. But one instant changed everything. Stationed at Camp Casey in South Korea in 1998, a bomb exploded in Porter’s hands during a training exercise.

Over the next 15 years, Porter would enter the information technology field and climb the ladder much like he had in the military. With the help of friends, reading books and watching tutorials, he taught himself how to develop apps. (more…)

Help Employees Save with myRA®

October 21, 2015

It’s National Save for Retirement Week – Help Employees Save with myRA®

October 18 – 23 is National Save for Retirement Week and it’s a perfect time to help employees establish their retirement goals and take the first step toward meeting them. If you have employees who don’t have access to a retirement savings plan – including part-time, temporary, and contracted workers – you can help them start saving with myRA (my Retirement Account). 

What is myRA?

myRA is a new retirement savings account developed by the U.S. Department of the Treasury to make saving for retirement easy for the millions of people who don’t have access to a retirement savings plan at work or lack other options to save. It costs nothing to open a myRA account and there are no fees. Employees can choose to save an amount that fits their budget1, and the account carries no risk of losing money. In addition, savers can transfer or roll over their savings to a private-sector Roth IRA at any time.  (more…)