SCOREBOARD

From Greater Knoxville Chapter of

Dollar Bills

A free business resource from the Greater Knoxville Chapter of SCORE, "Counselors to America's Small Business," providing business owners and managers with tips, ideas, and news to help your business grow and become more successful.


 

VOLUME 3, ISSUE 5 

SEPTEMBER/OCTOBER 2009

SCORE NEWS

SCORE was recently invited to participate in a very interesting event sponsored by the East Tennessee Purchasing Association.  They invited small businesses and major corporations and organizations to attend a session that matched "buyer" and "seller" so that each could describe their particular services and products needs and offerings.  Similar sessions sponsored by local, state, and federal government agencies are frequently scheduled, so if you hear about similar match-making events in your area, we encourage you to make plans to attend and learn how to grow your business!

WHAT'S IN THIS ISSUE 
The  previous section spoke of networking, but there are other types of partnering that can create revenue and reduce costs  We've included two articles that illustrate how other businesses achieve both objectives.
 
We've also included an article on a subject with which many  businesses have issues - cash flow.  And there's an article on some new credit cards for small businesses, with advice on which might be better for your own needs.
 
And finally, there's information that can help you preserve your business investment and personal assets.
 
So read on, click on the links to learn more, and have a great autumn!
 
 
Small businesses sometimes start at home or in a small work area, but soon need more space or a quieter, less hectic environment.  But their finances don't always allow them to rent or lease their own  location.  There are alternatives, which you can learn about in 
Start-Ups Share Space to Shave Costs in Slump.
 
 
"Two heads are better than one" is an old but true expression, and sometimes two businesses teaming together can also be better than two separate businesses.  This is not a new concept for start-up business owners, but in a soft economy many small businesses are not only trading services but also combining forces. To Slim Down, Businesses Team Up
 gives some examples of how this has helped some businesses not only survive, but grow.
 
 
Improving cash flow is an ever-present issue for all businesses.  Typical areas to examine for improvement include slow payment of receivables, bad debts, or excessive labor costs.  However, Norm Brodsky, a small business owner and contributor to INC magazine, details one other area that needs to be thoroughly investigated.  See what this item is in
Street Smarts: How to Fix Cash-Flow Problems.
 
 
It's always important to separate business and personal transactions, particularly when it comes to credit cards.  There are several new business credit cards on the market, and  one may be just right your business.  To learn about them, read Five Great Credit Cards for Business.
 
 
One aspect of beginning a business is selecting a legal entity.  Quite often a business owner utilizes a Limited Liability Corporation structure, believing that it protects their personal assets if there are financial issues leading to bankruptcy.  This is not always true.  Read 
The Double Whammy of Bankruptcies and learn whether you need to revisit your legal structure.
 
 
SCORE WORKSHOPS
 
"So You Want To Be An Entrepreneur?"
 
Presented on Saturdays from 10:30 to 11:30 AM on these dates: 
October 24
November 14 & 28
December 12
 
These sessions are co-sponsored by Offices Suites Plus and will be held at their location at 200 Prosperity Drive in Knoxville.  Space is limited so registration is required.  Call the Knoxville SCORE office (865) 692-0717 to register.
 
Click here to learn more about the workshop and to find directions to Office Suites Plus.
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"So You Want To Be An Entrepreneur?"
Thursday, November 25, 10:30 - Noon
 
Sponsored by Tennessee Career Center at their office in Talbott
Alpha Square, 5067 W Andrew Johnson Hwy (US 11E)
 
To register, call Denise Carr-Frecka
(423) 317-1095
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Roane County Workshops
"How To Delight Your Customers"
Learn How to Value, Keep, Satisfy, and Thank Customers
Click here to learn more about this workshop
Thursday, October 22, Noon - 2 PM
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"Social Networking, Internet Marketing, and Mobile Productivity"
Learn to utilize tools like Twitter, Facebook, and LinkedIn
Click here to learn more about this workshop 
Tuesday, November 10, Noon - 2 PM

Booth sessions will be held at Roane Alliance Center, N. Kentucky Street, Kingston, TN
 
Each session is free for Chamber members, and $35 for non-chamber members, and l
unch will be provided.
 
Call (865) 376-5572 to reserve your place!
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Claiborne County Workshop
"Prospering In Tough Economic Times-
Marketing & Strategic Options"
How to analyze customers, competitors, products, & operations
Wednesday, November 11 10 AM - Noon
 
Claiborne County Chamber of Commerce
1732 Main Street, Suite 1, Tazewell, TN
 
Workshop is free
 
Call 423-626-4149 to reserve your place!
Greater Knoxville SCORE
Suite 450
412. N. Cedar Bluff Road
Knoxville TN  37923
PH: 865-692-0717
FAX: 865-692-0718
www.scoreknox.org

OTHER CONTACTS

Blount County Chamber of Commerce

201 S. Washington Street

Maryville TN  37804

PH: 865-983-2241

www.blountchamber.com

 

Claiborne County Chamber of Commerce

Suite #1

3222 Highway 25E

Tazewell TN  37879

PH: 423-626-4149

www.claibornecounty.com

 

Farragut/West Knox Chamber of Commerce

Suite 110

11826 Kingston Pike

Knoxville TN  37933

PH: 865-675-7057

www.farragutchamber.com

 

Loudon County Chamber of Commerce

318 Angel Row

Loudon TN  37774

PH: 865-458-2067

www.loudoncountychamber.com

 

Monroe County Chamber of Commerce

Suite A

520 Cook Street

Madisonville TN  37354

www.monroecountychamber.com

 

Roane County Alliance

1209 Kentucky Street

Kingston TN  37763

PH: 865-376-5572

www.roanealliance.org

 

Roane State Community College

Crossville Campus

Crossville  TN

PH: 931-456-4910

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We want to thank our sponsors.
 
To visit them, click on their logo.
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Brought to you by the Greater Knoxville Chapter of SCORE, "Counselors to America's Small Business," a nonprofit association and resource partner with the U.S. Small Business Administration. SCORE is dedicated to entrepreneurship and the formation, growth and success of small businesses nationwide. Since 1964, SCORE has helped more than 8 million entrepreneurs.

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