June 2008

Issue LX
June 3, 2008
 

National Penn Bank

Member FDIC   Equal Opportunity Lender

 

Part II of a Four Part Series from
 

National Penn Bank:

kj
 

What is Commercial Leasing,
 

and How Can it Help Your Business?
 

By Scott Yescavage
Regional Sales Officer
National Penn Leasing Co

 

Businesses have two basic options when it comes to funding the acquisition of equipment for their use. 
 

These are:

1. Use cash/equity to purchase new or used equipment

2. Fund the acquisition of equipment in the form of Debt.  There are numerous types of debt from many sources; however, the most common are loans and leases.


 

Click here to read more about commercial leasing from an expert in the field, National Penn Bank Leasing Company's Scott Yescavage!
 


 

Look for Part III in our August issue!

Click here to read Part I from our April issue,

Applying for a Business Loan: What to Expect, by

Kathleen Nash, VP of the National Penn Bank SBA Group
 

 
To download a printer friendly version of this month's entire newsletter, click here.

"A ship in harbor is safe, but that is not what ships are built for."
   -John A. Shedd
 

Success Story Banner

KU SBDC Gives Thanx Hair Artistry a New Style for Success
 
Diane and Chris Keck opened Thanx Hair Artistry in May 2006, and haven't looked back since.  After a chance encounter with KU SBDC Director, Diane, owner/operator, enlisted the tools she and her husband Chris needed to get Thanx off the ground.  With help from the KU SBDC, Diane and Chris had access to business and financial planning, launching Thanx from dream to reality. 
 
 
Click here to read more about the triumphs and challenges of this progressive husband and wife team!  Find out how the KU SBDC helped Diane and Chris, and share with them their celebration as they enter their second year!
 
Focus on FinancesLife Insurance Serves Many Purposes

By Michael Fischer, CLU, ChFC

Most people think of life insurance as providing protection for their family in case of the ultimate misfortune.  But  life insurance has more purposes then you think.

It can also be used for:
1. Transferring wealth from one generation to another, sheltering your estate from taxes
2. Converting Business Assets
3. Retirement Income, and
4. Borrowing to Income

Click here to find out what more your life insurance can do for you!      
 
 
Dan Goldberg Banner
Right Leadership Attitude:
Not Just a Company Slogan-
it's a Way of Life
  
A few months ago I had the privilege of giving the keynote speech at the annual meeting of a company that has been in business since the late 1960's. The founders, two men now in their seventies, still run the show but they seem to have built an organization that can pretty much run on its own.

They have their children and others firmly in place to enable the company to continue growing and a staff that hasn't had a turnover of more than ten people, not including part-timers and factory personnel, in over thirty years of existence.  The organization employs well over three hundred people, many of whom have been with the company "forever."

Want to find out what makes this company different? Click here to read more about their not-so-secret leadership model!
 

Insights Banner     A Little Digging Leads to
Bad, Bad Things

 

By Lynn VanDyke,
Internet Marketing Consultant

Last month's article was all about black hat tricks.  It talked about sneaky tactics some websites and webmasters utilize to TEMPORARILY gain additional traffic from organic search engines.

I was tossing around a few article ideas for this month and it struck me...I needed to follow up with this black hat marketing stuff.  As if by fate, three clients emailed me in the last week about a particular email that was just sent to them.

Don't want to fall victim to Internet marketing deals that seem too good to be true?  Learn to identify a rat when you see one as Lynn Van Dyke gives you real-life examples of black hat tricksters trying to scam on your hard earned money, and your business' reputation.  Click here to find out more! 

And click here for last month's article to re-fresh your black hat knowledge!
 
 

Animated logo

KU SBDC News
 
For more information about any of the following news items, click on the news link below

 
 -14th Annual PA SBDC Client Expo
Click the news link below for pictures, and to read up on clients featured at this
year's expo!

 

-New Learning Opportunities:
 
 
*The Pitch- Business planning Webinar based on one of the bestselling books for small business, "The Art of the Smart." 

 
-New FREE online classes available NOW from the KU SBDC!
 
2 online learning courses in international marketing and 2 courses in government marketing are now available! Click here for more information! 

Also available on the SBA, an online course on federal contracts!  Click here for more information!

 

 
 
-Click this news link to read more about the news items above!


 
New Contributor
 
Preparing to Invest: The Basics of Investing
 

 
By KATHI KUZO, Financial Representative
 

Making investments to build the assets you will need for your financial future is not just about understanding your investment options, but also about taking the time for some introspection determining your goals and objectives.

Click here to learn more about what you should be thinking about as you're preparing to invest.
 
New Contributor

Smart Women @ Work
By ANNMARIE KELLY

Mid Year
Check-Up

 
-Did you know now is a better time than ever to check on your business' progress?  Join Annmarie this month as she gives you sound advice on how to grow your business today!  Click here to read more!

Annmarie would love to hear feedback from you!  Just click her link above for access to her contact information at the end of the article.  Let her know what you think of this article, and what you want to read from her next month!
 
 
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Kutztown University Small Business Development Center | Kutztown University | deFrancesco Building | Room #3 | Kutztown | PA | 19530