Small Business Finance Class Helps Educate Ringgold Entrepreneurs

Saturday, August 31, 2013
Small Business Development Center Staff provided an informational seminar to local business owners about the "do's and don'ts" of small business finance. (From Left to Right): Business Consultant Matt Pearce; Program Coordinator Kinsey Hicks; Area Director Richard Montanaro.
Small Business Development Center Staff provided an informational seminar to local business owners about the "do's and don'ts" of small business finance. (From Left to Right): Business Consultant Matt Pearce; Program Coordinator Kinsey Hicks; Area Director Richard Montanaro.
- photo by Joseph Brellenthin
The University of Georgia's Small Business Development Center (SBDC) provides education and consulting to businesses large and small across the state of Georgia.  On Thursday August 29 at Ringgold City Hall the Ringgold Downtown Development Authority partnered with the SBDC to host "Finding Money for Your Small Business,"  a class on how start-ups and growing businesses can fund their expansion.  SBDC Program Coordinator Kinsey Hicks gave the details on what the class offers to business owners who are in search for the right type of funding, "Topics include different financing options such as bank loans, SBA guaranteed loans, non-bank lenders, private investors, and the myths and realities of grant funding.
" According to the SBDC website, their mission is "...to enhance the economic well-being of Georgians by providing a wide range of educational services for small business owners and aspiring entrepreneurs." 

The two hour class and luncheon was led by Mr. Matt Pearce who shared his own experience of owning a small business in Northwest Georgia as well as the fundamentals of how small companies can approach financing.  "We want to give businesses the tools to have the greatest likelihood of success," Mr. Pearce said.  Also bringing expert experience to the class was SBDC Consultant Richard Montanaro, the senior director for SBDC's Rome/Dalton regional offices. "The response to this class was so great, we look forward to hosting many more of these in Ringgold."   

These "lunch-&-learn," style classes  typically cost $70-80 including a meal and materials so to help make the class an affordable option for those on a tight budget, Wells Fargo offered scholarships to attendees to dramatically reduce the cost.  The SBDC offers a variety of consultation and research services as well as a curriculum of classes on everything from product pricing to small business marketing.  Director of Downtown Development, Joseph Brellenthin, explained that "state agencies offer a lot of great resources but being so close to the border we tend to be overlooked." After attending a class in Calhoun, GA last spring Mr Brellenthin and the Downtown Development Authority decided to sponsor a class in Ringgold.  Mr. Brellenthin said, "Ringgold's location makes it a great place for all of the Northwest Georgia communities and cities along Interstate 75 to gather for conferences and meetings like this class."  


GDOL To Help Sustainable Corrugated Recruit In Dalton

The Georgia Department of Labor will help Sustainable Corrugated, a manufacturing company, recruit about 60 employees to work in Dalton.   The recruitment will be held on Thursday, Aug. 4 from 2-7 p.m. at the Northwest Georgia Trade and Convention Center located at 2211 Dug Gap Battle Road in Dalton. The employer will be recruiting forklift and machine operators, ... (click for more)

Dr. Austin Roberts Family And Implant Dentistry Has Open House

Dr. Roberts has relocated his practice to Ooltewah, where he and his team are providing care to their patients. Dr. Austin Roberts Family And Implant Dentistry will host an open house with ribbon cutting on Aug. 18 at 4 p.m. at 6107 Ooltewah Georgetown Road.  The Chattanooga Area Chamber of Commerce will coordinate the event.  Hours of operation are from 8 a.m.-5 ... (click for more)

Baylor School Tennis Coach Charged With Buying Meth In Whitfield County, Ga.

A Baylor School tennis coach has been arrested on charges of buying meth in Whitfield County, Ga. Philip Johnson, 51, of Ooltewah, was taken into custody on Thursday and charged with attempt or conspiracy to violate the Georgia Controlled Substance Act, possession of a firearm during the commission of a felony, and use of a communication facilities during drug transactions. ... (click for more)

Chattanooga Whiskey Company To Construct Large Distillery At Former Site Of Newton Chevrolet

The Chattanooga Whiskey Company has begun construction on a larger production distillery in the former Newton Chevrolet property at the corner of MLK Boulevard and Riverfront Parkway near the Tennessee River. Once fully operational, the Riverfront Parkway facility will be capable of producing upwards of 14 (53-gallon) barrels per day, making it one of the largest craft bourbon ... (click for more)

Judge Steelman Was Unfairly Criticized In Handling Of School Bus Driver Rape Case - And Response

We are blessed to have freedom of speech in our society, but I am always amazed at the number of folks who voice such strong antagonistic opinions about things without any apparent first-hand knowledge.   As any who wish to criticize the system should know, people get arrested and charged for criminal offenses every day.  The ultimate charge and penalty which results ... (click for more)

Roy Exum: Vote For Rhonda Thurman

After studying the Hamilton County School Board quite harshly during the last seven most-tumultuous months in its history, it is only proper that I share my belief that Rhonda is its Most Valuable Player. Four of the school board’s nine members are up for re-election, with Rhonda facing capable opponents in Jason Moses and Dr. Patti Skates in District 1, but let’s never forget that ... (click for more)