NOW AVAILABLE: SMALL BUSINESS ADMINISTRATION Economic Injury Disaster Loans in TN
 
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Tennessee small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
 
These loan funds can be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.
 
Applicants do not go through a bank to apply. Instead apply directly to SBA’s Disaster Assistance Program at:
DisasterLoan.sba.gov
 
Tennessee Small Business Development Center (TSBDC) at Southwest Tennessee Community College Staff began training last week with SBA to assist small businesses with their EIDL applications in Shelby and Fayette Counties. No small business applying should pay anyone or a company for assistance. If you would like free one-on-one assistance with your application, want to know more about eligibility, or have other questions, please follow these steps:
 
2. Select “Request Free Advising”
3. Select “Local Advising” and Choose Your County
4. Complete the Requested Information (SBA Counseling Form 641)
5. TSBDC Business Counselor will contact you within 48 hours to set an appointment and/or start the process.
The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.
 
There is no cost to apply. *There is no obligation to take the loan if offered. Begin to gather this information:
Business information
Contact information and social security numbers for all applicants
Employer Identification Number (EIN) for business applicants
Insurance information
Financial information (e.g. income, account balances and monthly expenses) – Know the total amounts and payments due for debts that will be paid over the next 10 months or longer (i.e. mortgages, credit cards, etc.)
Other key information:
Use Internet Explorer or Mozilla Firefox to apply.
The ‘Help Button’ provides useful information for each page.
Use the ‘Save Button’ frequently.
Be patient and keep trying if you experience slow load times.
What’s next after applying? What should you expect?
You will receive email confirmation that your application has been submitted.
You will receive an email letting you know that your application is under review.
BE PREPARED: You will be contacted by someone from the SBA.
Have your monthly expenses and financial projections ready when contacted (TSBDC can assist).
 
TSBDC counseling will continue via phone, email and online video conferencing methods until further notice. If you have any questions, please email Mrs. Tammy Partee at tpartee@tsbdc.org or swtcc@tsbdc.org.

Mondays and Thursdays at 6 pm, beginning Monday, January 6, 2020

January 6, 2020

Simple Steps 1: Starting Your Business

This workshop is part of the five-part STEPS for Starting Your Business series. This first module will introduce you to key business considerations such as the myths and realities of entrepreneurship, differing business options to pursue, the components of business ownership, legal and financial considerations and more.

Simple Steps 2: Starting Your Business – The Business PLAN

January 16, 2020

This workshop will provide the basics of getting your ideas on paper to achieve your entrepreneurial dream. A good business plan starts with your vision and ends with financial analysis, pricing, and sales and marketing strategies. You will receive key insights through interaction and fellow entrepreneurs and SCORE mentors; learn about tools, templates, and SCORE resources.

Benjamin Hooks Library | 3030 Poplar Ave., | 1st Floor – Meeting Room C

Title: Top HR Issues Business Owners Face and How to Solve Them

Friday, 09/13/19 and Friday, 09/20/19, 6:00 -7:30 PM – Memphis Central Library

3030 Poplar Ave. 38111 | First Floor

Synopsis:

HR can be especially challenging for smaller employers with limited resources. This seminar will address some of the most critical areas, particularly to avoid needless HR-related fines, penalties or lawsuits. We’ll also address complex HR issues and provide strategies you can follow.

Presenter: LaDeidra Penn

Small Business Start-Up
Date: Thursday, June 7th from 9:00 a.m. to 11:00 a.m.
Location: City of Memphis Business Development Center – 555 Beale St.
Presenter: TSBDC Staff
This introductory course is designed for individuals who are considering self-employment, or are at the beginning stages of starting their business. This session helps aspiring entrepreneurs asses their abilities to lead and manage a company, as well as evaluate market and sales potential for their products/services.
Developing a Business Plan Part I – Narrative
Date: Thursday, June 14th from 9:00 a.m. to 11:00 a.m.
Location: City of Memphis Business Development Center – 555 Beale St.
Presenters: TSBDC Staff 
Suggested Pre-requisite(s): Small Business Start-Up
This workshop will help you gain insights on why a business plan is important and the preparation needed to begin writing it. Major narrative components of a business plan will be discussed as well as resources provided to help you create a successful plan. Business plan financial projections are not covered in this training.
Developing a Business Plan Part II – Financial Projections
Date: Thursday, June 28th from 9:00 a.m. to 11:00 a.m.
Location: City of Memphis Business Development Center – 555 Beale St.
Presenter: TSBDC Staff
Suggested Pre-requisite(s) Small Business Start-Up & Developing a Business Plan Part I – Narrative
This workshop will help empower you to prepare your projected financials and will review the Income Statement, Cash Flow Statement, and Balance Sheet. Each attendee is requested to bring a completed start-up cost summary.

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Memphis Black Restaurant Week allows Memphians to support minority owned eateries. Lunch will be two courses for $15.00 and dinner will be three courses for $25.00.

http://www.blackrestaurantweek.com #‎MBRW16‬ ‪#‎SupportBlack‬

 

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IF YOU CAN SAVE $1,000, WE WILL MATCH YOUR SAVINGS WITH AN ADDITIONAL $2,000 TO HELP YOU PURCHASE A HOME, COMPUTER, OPEN A SMALL BUSINESS OR FURTHER YOUR EDUCATION. 

Introducing  THE SAVE UP PROGRAM

An asset-building Program sponsored by the RISE Foundation

You may qualify if you are employed and on Section 8 through MHA, or if you are employed and eligible to file for Earned Income Tax Credits.  You must meet RISE qualification guidelines.

APPLICATIONS WILL ONLY BE ACCEPTED AT THE ORIENTATION SESSION

WHEN:    Thursday, February 4, 2016 at 5:45 pm

WHERE:    RISE FOUNDATION 

2650 Thousand Oaks Blvd., Suite 2400, Memphis, TN  38118

 CALL (901) 507-8884 to RSVP AND (901) 507-8883 TO LISTEN TO  A DETAILED OVERVIEW OF THE PROGRAM.

What:  FREE Entrepreneurship Training Workshop – 01/27/16

When:  Wednesday, January 27, 2016 – 5:00 pm – 7:00 pm

Where:  Cowork Memphis | 902 S. Cooper St., 38104

What’s holding you back from being an Entrepreneur? Start translating your unique ideas and visions into a thriving business by leveraging your passion to reach your maximum potential. Learn more about starting your business by attending this FREE workshop facilitated by the Entrepreneur Simplified Team. They are traveling to Memphis on January 27th to host a Business Workroom. The Business Workroom will be an immersive and invaluable experience taking place over two action-packed hours.

The following topics in business development will be discussed:

– Marketing
– Sales
– Systems
– Leadership
– Product Development

Register Now: https://kimflynn.isrefer.com/go/CD/CDaniels

Become a Speaker or Vendor at our event titled “Coming Together to Work Together” At this event you will have the stage at the Cannon Center for 15 minutes to talk about how your business can help other businesses.

SVP TV Network will record live for 3 hours of this event and have a it on DVD for sale at the event. Thanks Debbie McClennon

If you want to sell something this is the platform you have been waiting on. Just think you speaking to a crowd of over 2,000 people we also have a free live concert from 6 to 9 that will bring you even more business to your brand as a vendor.

Chris Eggleston

CEO/President Global Innovation Now

Website for Global Innovation Now

Linked in for Global Innovation Now

YouTube for Global Innovation Now

Twitter for Global Innovation Now 

Instagram for Global Innovation Now

(901)-691-1340

“The Future in Your Hands”