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 " 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."  

MAU To Host Automotive Assemblers Hiring Event Next Week

MAU is hiring Automotive Assemblers at a state-of-the-art automotive supplier in Chattanooga. The Chattanooga office will host an "instant interview" hiring event this Monday and Wednesday, from 9 a.m.-2 p.m. The office is located at 6150 Shallowford Road, Suite 104. (click for more)

Barto Receives State Award For Work On City Of Colledgedale

The Tennessee Chapter of The American Planning Association held its State convention in Chattanooga this week at the convention center. At the Friday morning breakfast awards ceremony David Barto, director of the Colledgedale Tomorrow Foundation was awarded the 2015 Planning Advocate Award for the work that David Barto and Colledgedale Tomorrow has done in promoting planning ... (click for more)

Toddler Killed In Car Accident On Boy Scout Road Friday Morning

A toddler was killed in an auto accident Friday morning.  Hamilton County Sheriff’s deputies responded to an accident with injuries at the 1000 block of Boy Scout Road at approximately 11 a.m. on Friday. Upon arrival, deputies found a single car accident involving four passengers. Three of the four passengers were transported to a local hospital and the ... (click for more)

Triple Murder Suspect, Top 10 Most Wanted Fugitive, Captured In New Orleans

Less than a day after being placed on the Tennessee Bureau of Investigation’s Top 10 Most Wanted list, Daniel Lee Henry was captured Saturday night in New Orleans, La.  Shortly after 8:30 CST, Henry, 38, was taken into custody without incident at a hotel by authorities from the United States Marshals Service Task Force, which includes law enforcement officers from the New ... (click for more)

We Can Do Something About Mass Shootings - And Response

A friend posted his observation this morning that there was paranoia about reasonable gun laws. I know his heart is saying we have to do something about these mass shootings. Then while scanning the morning news shows I watched a pile o’ pundits from Al Sharpton to Donald Trump pontificate on doing “something” about the problem. Personally, I think there are plenty of gun control ... (click for more)

Roy Exum: How We Learned To Play

A couple of years ago I was reading a fascinating story that asserted the “Little Rascals” taught generations of children how to play with each other. When the comedy show about children in a poor neighborhood originated in 1922, there were just silent movies but in 1929, when the “talkies” were introduced, children and adults alike were mesmerized by the wonderful humor that producer ... (click for more)