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."  


SIGNIX Hires New Vice President Of Partner Development

SIGNiX , a company that provides secure and simple digital signature services announced the hiring of its new Vice President of Partner Development, Leonora Zilkha Williamson. Ms. Williamson will work to identify and target potential partners in a variety of industries.  SIGNiX has long been a partner-centric company that focuses on providing total solutions to software ... (click for more)

Northgate And Hamilton Place Malls Offer Free Trick Or Treating

Northgate & Hamilton Place Mall Stores are offering free family fun  with trick or treating at participating mall stores on Friday, Oct. 31.  It will last from 6 p.m. until close while supplies last. (click for more)

Additions And Improvements At Camp Jordan Arena Coming Soon

Additions and improvements are coming to Camp Jordan Arena in the near future. At the Thursday night meeting of the East Ridge city council, approval was given for buying new playground equipment. It will come from Gametime, a locally-based company. The VP of Marketing lives in East Ridge and made a proposal to set up the playground at Camp Jordan so his company could use it for ... (click for more)

Tribute Service For Luther Masingill Held At Historic Engel Stadium

It took a place as big as historic Engel Stadium for Chattanooga to say goodbye to their beloved Luther. Hundreds came Thursday afternoon to pay tribute to Luther Masingill who died early Monday morning after a radio career that spanned an amazing 74 years. It was clear from all who spoke that he was considered not only a radio personality, but also a role model. One after ... (click for more)

Not Everything Has Been Done To Save Hutcheson

I am a resident of Walker County and I have a personal belief that a hospital ranks equal to other basic services a community should offer (like police, fire, emergency services, school systems, government, etc.). I am not privy to all the management and financial conundrums concerning the feasibility of maintaining and growing Hutcheson, and as a private citizen I don’t believe ... (click for more)

Roy Exum: A Veterinarian’s Horse Sense

I suspect you’ve heard by now that a doctor in New York City, who volunteers with “Doctors Without Borders,” just got back from the African nation of Guinea on October 17 – last Friday – and on Thursday tested positive for the deadly Ebola virus. Luckily, he came in actual contact with only a few people but he reportedly rode a subway, took a taxi, went on a three-mile run and ... (click for more)