SMALL BUSINESS BANNER
June 2016
Did You Know?
The top 10 best places to start a business in GA are: Alpharetta (#1), Doraville, Vinings, Garden City, Dalton, Cumming, Norcross, Jesup, Carrollton, Waycross (#10)
(NerdWallet 8/15)
Dalton State College Approves Bachelor's Degree In Communications
The Board of Regents of the University System of Georgia approved Dalton State College's application to offer a bachelor of arts degree in communication, bringing to 22 the number of four-year degrees offered by the College.  The new program is effective fall 2016. 

Click here  to read more.
2016 Business Expo
The Greater Dalton Chamber of Commerce 2016 Business Expo at the Dalton Convention Center was a huge success with more than 700 visitors!  
To visit their Facebook page click here.
Camp DEM
Design, Engineering and Manufacturing Camp (Camp DEM) is a summer camp designed to give students the opportunity to learn about design, engineering, fabrication, carpet design, career exploration, robotics and electronics.

The cost of camp is totally underwritten by industry and is free to students.  The sixth camp just wrapped up earlier this month and a seventh camp is anticipated in June 2017.  This year there were 117 middle school students that attended the camp.
Take Advantage of these FREE Opportunities...
Provided by SCORE
 
Is Your Business In The Black Or In The DARK?
Thursday, June 16th at 3:00 PM EST

Poor financial management and decision-making remains one of the strongest drivers of small business failure, impeding owners from reaching the crucial five-year milestone. By not knowing your key financials, entrepreneurs often miss opportunities, which means less profit and more chance of long-term failure.
It starts with knowing your business by taking a closer look at your numbers. A QuickBooks expert will walk you through some of the most critical financial indicators that you should regularly monitor and then show you how and where to obtain them.

Free of Charge For more information or to register click HERE.
Classes in Your Area...
Sponsored by the Small Business Development Center through UGA.
 
The SBDC will be holding multiple classes in our area:

June 15:  GrowSmart Round Table (Calhoun, GA)
June 23:  Navigating the Internet for Government Opportunities for Small Business                  (Athens, GA)
June 28:  Credit Qualifications for Business Loans (Gainesville, GA)
July  08:  Max Money (Dalton, GA)

Click HERE to learn more!
Know Your Numbers
By: Georgia SBDC
 
SBDC CornerDuring an exploratory meeting, I asked [a client] what it costs to make her products so I could get a sense of gross profit margins. She did not know nor did she have any idea of gross profit margin. She was operating by the basic principle of buy low, sell high. The only two numbers she was clear on were sales and cash. Beyond that, the numbers on her financial statements were a mystery. In the big picture, this is not a winning formula. The business owner in today's competitive economy does not need to be an accountant or a mathematician to be successful. However, the owner needs to possess an essential level of financial intelligence to manage a business. If a pilot was told that the only gauges working on the plane were fuel and speed, there is no way he or she would attempt a flight. Those two measures alone won't be enough to fly a plane nor will just checking sales and cash be enough to run a business.

Click here to read the entire post.