November 2009

                            Issue LXXV                                            November 10, 2009                  

 

Kutztown University Small Business Development Center Newsletter

"If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person's angle as well as from your own."

-Henry Ford

 

 

 The Gold Gathering Cashes in on Success


Sherry Oswald

Sherry Oswald

 
Along with two other job titles, Sherry Oswald decided to add entrepreneur to her résumé.  Sherry heard about the skyrocketing price of gold and about numerous gold parties that were popping up in the news. After conducting some market research, she decided that this was the business for her, and thus, The Gold Gathering was born.
 
Sherry's business started by catering to friends and family and it has expanded from there. She started by taking jewelry from her own jewelry box and going to pawn shops and jewelers. She determined that her business could offer more money for the gold and in addition, a fun home-party atmosphere.

Click here to read the full story of The Gold Gathering.

 

 


Federal Government Small Businesses News

"Bonus Depreciation and Increased Section 179 Deduction under the American Recovery and Reinvestment Act."

Click here for more information on the new rules on Section 179 deductions.

"New IRS Retirement Plan Navigator Aims to Help Small Businesses."

Click here to see the new tool the IRS has created to help small businesses choose a pension plan.

 

 
 


Business Plan Now Part I: The Pitch

This is an interactive Webinar. A broadband connection and phone are recommended. Using the PitchThenPlan™ business planning tool, participants learn to develop a ten-slide "pitch" for their business. The tool can be used by start up businesses as well as existing businesses to develop or perfect a written business plan. The three-part PitchThenPlan™ tool guides the entrepreneur by first having them develop a ten-slide pitch for their business. In this section ten basic topics will be covered, among them: The Idea, The Business Model, and The Customer. An Excel template is provided that assists owners in developing the financial section of their plan.
 
Where: Simultaneous Web conference with telephone
When: November 11 from 11:30 a.m. to 1 p.m. or December 2 from
11:30 a.m. to 1 p.m.
Cost: $0

For more information, and to register for this Webinar, click here.

 

 


Business Planning: A Series of 4 Workshops


The Business Planning Workshop Series contains the following four workshops:

November 12 - Business Plan for Success
November 19 - Marketing Your Product, Service, and Company
December 3 - Financial Management: Projections and Statements
December 10 - Financing the Business and Feasibility Decisions

Where: Chester County Library, 450 Exton Square Parkway, Exton, PA

When: November 12, 19 and December 3, 10 from 6:00 to 8:30 p.m.
Cost: The series is $60.00 per person, or $20.00 per workshop

Click 
here for an overview of the workshops and to register for the entire series.
Click here for information on the November 12 meeting.
Click here for information on the November 19 meeting.
Click here for information on the December 3 meeting.
Click here for information on the December 10 meeting.

 

 

 


Doing Business with the Commonwealth of Pennsylvania


This workshop is designed to familiarize participants with the ways they can participate in government contracting. Topics that will be covered include: how the state makes purchases, minority certification, and opportunities for bidding.

Where: 3211 N. Front St. Harrisburg Regional Chamber

When: November 16 from 9:00 a.m. to noon.
Cost: $0

Click 
here for more information on this workshop, or to register.

 

 

 


Business Plan Now Part II: The Plan


This is the second step in the Business Plan Now series. This is an interactive Webinar. Topics covered include the product and pricing, market research, competition, marketing schedule, the location, structure and risk-required funding. Recommended online learning: Conduct a Marketing Analysis, Market Insight and Research.

Where: Simultaneous Web conference with telephone

When: November 23 from 11:30 a.m. to 1 p.m.
Cost: $0

For more information or to register, click
here.

 

 

 


Seeking Solutions Series


This program, brought to you by the Kutztown University Students in Free Enterprise (SIFE), consists of six full-day events that will be led by experts and local business leaders who are willing to share their knowledge and experience with the business community.

The second of these events is on December 2, and is called "Deathtraps, Entrepreneurial Tricks, and Secrets of the Trade."

The luncheon and networking event begins at 12:00 p.m. and includes a panel discussion by leaders including Fred Beste, CEO Mid Atlantic Venture Funds, and Ray Melcher, Senior Partner of Marathon Business Group. For more information and to register for JUST the lunch event, click
here.

The evening event will begin at 4:00 p.m. and will feature a speech by Fred Beste titled "Deathtraps, Entrepreneurial Tricks, and Secrets of the Trade," as well as a networking reception afterward. For more information and to register for JUST the evening event, click here.

Where: McFarland Student Union Building, Kutztown University

When: December 2
           Luncheon: 12:00 p.m. to 4:00 p.m.
           Evening Event: 4:00 p.m to 6:00 p.m.
Cost: $50 for the full day, $35 for the afternoon luncheon/networking  
          session, or $25 for the evening event.

To register for the entire day and get the $10 discount (from $60 to $50), click here.

 

 

 


Certification Made Simple: 3 Hour Live Workshop

This 3 hour informational session discusses and reviews the Commonwealth of Pennsylvania's Minority Business Enterprise/Women Business Enterprise (MBE/WBE) certification application. Participants will be led through the application line by line by a representative from the Department of General Services Bureau of Minority and Women Business Opportunities (BMWBO).

Where: 3211 N. Front St. Harrisburg Regional Chapter
When: December 4 from 9:00 a.m. to Noon
Cost: $0

To register, click
here.

 

 

 


The First Step: How to Start and Operate a Small Business


If you are in the early stages of thinking about starting a small business, this workshop is for you. In fact, even if you have started your business and are realizing that you missed a few things, this workshop is still right for you.

This workshop will provide an overview of the things you need to know and the skills you need to have to manage a small business. Subjects include: legal and accounting issues, organization, and management. The workshop offers you the opportunity to practice networking with other entrepreneurs. Existing business owners can use this workshop as a "checkup" on their operations. This workshop is presented in partnership with the Small Business Assistance Center.

Where: Chester County Library, 450 Exton Square Parkway, Exton, PA

When: December 9 from 6:00 p.m. to 8:30 p.m.
Cost: $15.00

To register, click here.

 

 

 

Thank you for taking time out of your busy schedule to read our newsletter. We appreciate your participation in the KU SBDC community.

 

 

Sincerely,


Ernie Post, Director
Kutztown University Small Business Development Center