Wyoming Entrepreneur.Biz
Newsletter for Wyoming Entrepreneurs June 2009
In this issue

2009 Small Business Award Winners!

Jill Kline WyomingEntrepreneur.Biz Associate State Director

Market Research - Not Just for the Fortune 500

SBA Launches New 100% Guarantee ARC Loan Program to Help Struggling Businesses

Nominations for Minority Small Business Person of the Year

Building The Wyoming We Want

Selling in Tough Times & Customer Service

Words for Business


 

2009 Small Business Award Winners!

The Wyoming District Office of the U.S. Small Business Administration has announced their 2009 Small Business Award winners.

Thomas Lavin and Sandra Lavin, owners of Lavin Tile and Stone, Inc., the Jeffrey Butland Family-owned Business of the Year. The Lavins went on to win the SBA Region VIII award which covers the states of Colorado, South Dakota, North Dakota, Montana, Utah and Wyoming.

Lisa Wagner, Director, Wind River Development Fund, Financial Services Champion.

Stanford Addison of Stanford Addison Ranch in Arapahoe, Home-Based Business Champion.

Dave Potter, Community Bank, President, Wells Fargo Bank. Minority Small Business Champion.

Cliff A. Knesel, Vice President of Peregrine Leadership Institute, Veteran Small Business Champion.

Van and Jody Ewing, Van Ewing Construction, Inc., Small Business Person of the Year 2009.

Le Ann Baker, Executive Director, Washakie Development Association, Wyoming Small Business Journalist of the Year.

Margie Rowell, Regional Director, Small Business Development Center, SBA Region VIII and state of Wyoming Small Business Development Center Service Excellence and Innovation Center Award.

Ken Holloway, SAME Music and The Jazz Spot, Young Entrepreneur of the Year.





 Quick Links to Classes

  • Jill Kline WyomingEntrepreneur.Biz Associate State Director
  • Wyoming Entrepreneur.Biz

    Congratulations and welcome to Jill Kline, the new Wyoming Entrepreneur.Biz Associate State Director! Jill, previously the NE Wyoming SBDC regional director, replaces Debbie Gorski.

    Jill brings a wide range of work experience as well as a diverse educational background to the position. She has been with Wyoming Entrepreneur.Biz since 1998 and says she loves the organization, the assistance we provide, and that she has been thrilled with the opportunities the organization has provided to her. She received her Bachelor of Science in Geology and her Master's in Public Administration from the University of Wyoming.

  • Market Research - Not Just for the Fortune 500
  • Many businesses think that the only multi- million or billion dollar companies can afford market research. At one time this wasn't far off the mark, but now that is most assuredly incorrect - as long as you are a Wyoming business.

    The dedicated researchers at the WyomingEntrepreneur.Biz Market Research Center have the resources available to help any business learn more about their business, their trade area, their industry and their customers. Contact the WMRC to learn what they can do to help you grow your business.

    For more info, call the Market Research Center, 307-766-2688 or email: mikelamb@uwyo.edu

  • SBA Launches New 100% Guarantee ARC Loan Program to Help Struggling Businesses
  • Small businesses suffering financial hardship as a result of the slow economy may be eligible to receive temporary relief to keep their doors open and get their cash flow back on track through to a new loan program.

    Beginning on June 15, SBA will start guaranteeing America's Recovery Capital (ARC) loans. ARC loans are deferred-payment loans of up to $35,000 available to established, viable, for-profit small businesses that need short-term help to make their principal and interest payments on existing qualifying debt. ARC loans are interest-free to the borrower, 100 percent guaranteed by the SBA, and have no SBA fees associated with them. ARC loans will be made by commercial lenders, not SBA directly.

    ARC loans
  • Nominations for Minority Small Business Person of the Year
  • The Wyoming District Office of the U.S. Small Business Administration (SBA) is seeking nominations for the Minority Small Business Person of the Year for 2009. An eligible business must be at least 51 percent owned and controlled by a Black American, Native American, Hispanic American, Asian Pacific American, or Subcontinent Asian American.

    Factors to be considered when making a nomination include: The firm must be in satisfactory financial condition; show a growth in total sales and a growth in net profit; growth in full-time employees or employment of the disadvantaged. A nominee should indicate their participation in community projects or charitable organizations. Consideration will also be given if the nominee has overcome obstacles or adversities in their business history or have a unique product or service.

    For additional information about how to submit a nomination, contact Deb Farris, debra.farris@sba.gov, 307-261-6510. Nominations must be submitted no later than July 10, 2009.

  • Building The Wyoming We Want
  • Gov. Dave Freudenthal announced the second statewide forum to talk about Wyoming's future. Forum will take place in Casper on June 9 and 10 at Casper College's Krampert Theatre. Gov. Freudenthal will deliver the keynote address.

    The conference is open to the public. Registration is required, space is limited.

    "We're excited to continue the discussion that began at last year's conference," said Terry Cleveland, who leads the initiative's advisory committee. "We will also talk about the progress that has been made in the last year and about the future of the initiative."

    Conference details
  • Selling in Tough Times & Customer Service
  • Manufacturing-Works is providing Wyoming businesses the chance to learn from a master of surviving and thriving in tough times. Tom Reilly, a leader in value-added selling, is coming to Riverton in June to teach two of his nationally- recognized seminars.

    Wednesday, June 10th "Selling in Tough Times."

    Thursday, June 11th "Customer Service is More Than a Department, It's an Attitude."

    Seminars will be at Central Wyoming College in the Fremont Room. Lunch is included in registration. Cost is $600 for one seminar or $900 to attend both. To register, contact Phil Christopherson, 307- 856-0952 or Larry Stewart, 307-760-0636.

    Click for more information
  • Words for Business
  • Cash Flow is the difference between the available cash at the beginning of an accounting period and that at the end of the period. Cash comes in from sales, loan proceeds, investments and the sale of assets and goes out to pay for operating and direct expenses, principal debt service, and the purchase of assets. Definition from Entrepreneur.com.

    Wyoming Small Business Development Center is a partnership between the U. S. Small Business Administration, the Wyoming Business Council and the University of Wyoming.

    Wyoming Entrepreneur.Biz
    Send news to Editor: wsbdc@uwyo.edu
    Wyoming Entrepreneur.Biz
    Call toll-free in Wyoming 800-348-5194
    Wyoming Entrepreneur.Biz



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