Bulletin Board

Plan For Success, Implement For Results

Business Planning

It seems so simple-decide where you want to go and then follow the map to get there. This simple concept is the cornerstone of small business success. Small business is a risky opportunity, one, which has the potential for great dividends. Small business ownership is a thinking endeavor that requires you as the entrepreneurs to know not only that you want to own a business, but what the business will be, how it will operate, and what results you expect short term and long term.

Delegation Delivers Results

Time Management

You are an entrepreneur. You create the company vision, manage operations and handle details. Whether you are a solo entrepreneur or small business owner with a number of employees, plan to delegate. The solo entrepreneur may not have the funds to hire a full time staffer. Consider a part-time employee, contract employee or intern to help with specific tasks. Free your time from mundane activities, so you can concentrate on delivering a quality product or service, as well as making those all-important sales.

Take Steps To Prevent Employee Theft

Management

Your best protection against theft is preparation. No one likes to think a customer, employee or anyone would steal from their business. Yet, it does happen. It’s up to you to put systems and controls in place that help keep honest people honest. You also want to implement measures that help protect you from an outside robbery. All businesses regardless of size can take steps to particularly reduce employee theft. Employee theft is often cited as the most common type of theft within small businesses.

Sales Growth Helps You Grow The Business

Management

You need new customers, repeat customers and more sales in order for your business to grow and profit. In most companies, even a five percent sales improvement will have a positive effect on the bottom line. If a business doesn’t grow its sales volume, it will become stagnant. Rarely does a company that maintains the same sales volume year after year thrive. Some such companies go out of business because market share is captured by competitors.

Networking with SBAC

Chairman's Message...

The many ways you can connect to people in the digital age makes face-to-face time with fellow colleagues and community members seem obsolete.

However, all the emails, tweets and status updates can't replace a good conversation. Every 6 weeks, the Small Business Assistance Corporation invites you to attend the Lenders League Networking Event. The LL has been "Spotted" and "Seen" by publications and websites around town.

Lender Benefits Borrower Benefits SBA 504 Loan Program

Contact Us

Wendy Jeffers
Sr. Lending Officer: SBA Programs

Mobile: 912.398.3090
Office: 912.721.6324
Email: wjeffers@sbacsav.com

Apply online at www.sbacsav.com

SBA 504
Monthly Rate -5.21%
20 Year Debenture Rate

for July 2010

The purpose of the SBAC's SBA 504 Loan Program is to provide long term, below market rate financing to businesses that will retain jobs and create new employment opportunities in the State of Georgia, and Beaufort, Hampton and Jasper Counties in South Carolina.

SBA 504 Benefits

Lender

The Business Loan Specialists.

Chairman's Message...

SBAC...Making the News!

The Small Business Assistance Corporation will be promoting our dozens of positive Success Stories to the Savannah media and to you each month as a featured piece before its publication.

We'll highlight a successful small businesses that via one of our 12+ loan programs was able to market, grow and expand. These are the businesses who form the backbone of our community and transform their neighborhoods.

SCORE TIPS

Motivational

Lead By Example To Grow Your Business

What makes a business grow? Leadership. The leadership and vision of the entrepreneur light the way for business success. You and your employees follow the course you have set for the business. Be sure that you lead by example when it comes to working hard, valuing lifelong learning and appreciating employee’s contributions. Your personal attitudes and actions influence those around you.

IDENTIFYING USERS INTENT BY THEIR USE OF KEYWORDS/PHRASES

Submitted by chuck on Tue, 05/25/2010 - 11:08
on your website is to look closely at your “stats” report (hopefully, you are using Google Analytics) and see what words or phrases to find your website. You might be surprised once you determine what combination of keywords best captures the reason(s) for coming to your site.

From my research there at least three user types. These are: Information Seekers, Shoppers and Buyers. Let’s discuss each:

CREATING ON-LINE “COMPETITIVE ADVANTAGE” IN TODAY'S MARKET

Submitted by chuck on Tue, 05/11/2010 - 14:25

For years the phrase “competitive advantage” is never far from our minds when thinking of developing marketing plans, product development or adding a new product or service. Business schools love to lecture on using “competitive advantage”, but the game has changed. I'll explain a little later.