www.sbdc.angelo.edu Our Mission Building the Concho Valley
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www.sbdc.angelo.edu Our Mission Building the Concho Valley
Our Mission ANGELO STATE UNIVERSITY SMALL BUSINESS DEVELOPMENT CENTER The mission of the Angelo State University Small Business Development Center (SBDC) is to promote growth, expansion, innovation, increased productivity, and improved management for small businesses in the ten counties that comprise the SBDC service area. Those counties are: Irion, Tom Green, Concho, McCulloch, Crockett, Schleicher, Menard, Mason, Sutton and Kimble. RETURN ON INVESTMENT = INCREASED JOBS, SALES, FINANCING AND TAX REVENUES. Every $1 put into the SBDC program yields $6.65 in tax revenues. SALES GROWTH: SBDC clients have a 18.3% higher sales growth compared to a 7.7% growth for the average Texas business. EMPLOYMENT GROWTH: SBDC clients have a 18.1% employment growth compared to 2.1% growth for the average Texas business. COST PER JOB CREATED: SBDC program costs about $1,103 per job created. *2012 findings from an independent study by James J. Chrisman, Ph.D. Visit sbdc.angelo.edu for client success stories. PUBLISHED JULY 2013 www.sbdc.angelo.edu Now located in the Business Resource Center 69 North Chadbourne Street OFFICE HOURS Monday - Friday 8 a.m. - Noon and 1 - 5 p.m. Other hours available by request For Additional Information or to arrange an appointment contact: ASU SBDC ASU Station #10910 San Angelo, TX 76909-0910 Phone: (325) 942-2098 Fax: (325) 942-2096 E-mail: [email protected] All ASU SBDC programs are nondiscriminatory and open to the public. Reasonable arrangements for persons with disabilities will be made if requested in advance by calling 325/942-2098. The ASU SBDC is funded under a cooperative agreement by the U.S. Small Business Administration (SBA). The support given by the SBA through such funding does not constitute and express or implied endorsement of the co-sponsors’ or participants’ opinions, findings, conclusions, recommendations, products, or services. Building the Concho Valley Economy, One Business at a Time! ANGELO STATE UNIVERSITY | MEMBER, TEXAS TECH UNIVERSITY SYSTEM Member, Texas Tech University System ASU Small Business Development Center History Since opening its doors in 1990, the SBDC has provided one-on-one business advising assistance to thousands of Concho Valley business clients. Approximately 500 businesses are served per year. In addition, approximately 1,000 seminar participants enroll in the numerous business workshops and seminars conducted by the center annually. The ASU SBDC is now housed under one roof with other economic development partners at the newly renovated Business Resource Center at 69 North Chadbourne Street in downtown San Angelo. Staff Expertise The SBDC staff brings to the table a multitude of expertise gained from their business ownership, management, and education. Business Advisors have formal business education complimenting their previous business experience. Some of their areas of expertise include: • Business Startup or Expansion • Business Planning and Loan Proposals • Business Financing • Marketing • Selling to the Government • Financial Analysis • Human Resources In addition, the staff goes through a series of business certifications that enhance their advising skills. Partners Angelo State University serves as the center’s host institution. In addition, the SBDC is a member of the University of Texas at San Antonio South-West Texas Border SBDC Network. Funding for the center comes mainly from the State of Texas and the U.S. Small Business Administration (SBA) through a partnership program. Other partners the SBDC works with include area economic development corporations and chambers of commerce, Workforce Board and Workforce Solutions, and the CVCED Business Factory. Business Advising Services The SBDC provides access to confidential, no cost advising by Certified Business Advisors to entrepreneurs. From helping aspiring entrepreneurs turn ideas into businesses to helping small firms expand, the ASU SBDC is the resource that entrepreneurs in all industry sectors can turn to for assistance. SBDC Advising Areas include: • Starting a Business • Expanding a Business • Developing a Business Plan or Loan Proposal • Financial Projections and Analysis • Managing Cash Flow • Market Analysis and Marketing • Financing Options • Human Resources • Doing Business with the Government • And other critical topics International Trade Office The ASU International Trade Office provides import and export assistance to small businesses throughout the Concho Valley. This service has been provided since 1995 when the office opened under the umbrella of the SBDC through generous support provided by the San Angelo Chamber of Commerce and West Texas Utilities. Specialty Centers The ASU SBDC is part of a regional network of SBDC’s comprising the South-West Texas Border Network. The Network office is headquartered at the University of TexasSan Antonio. Housed there are various specialty centers which the ASU SBDC can tap into to provide more intensive assistance for clients. Included in these specialty centers are: The National SBDC Information Clearinghouse which provides free business research to SBDC clients; The SBDC International Trade Center with its staff of trade specialists; and the SBDC Procurement Technical Assistance Center (PTAC) which provides assistance with government sales and technology research and development funding. All of these specialty centers are available to ASU SBDC clients at no additional cost. Seminars & Workshops The SBDC offers a diverse array of business seminars and workshops at no or low cost such as business start-up, business planning, managing employees, financing, basic bookkeeping and legal issues. New seminars are always developing to meet the needs of the business community. Several seminars are conducted each month in San Angelo and various locations throughout the service area. On-line business training On-line business training is also available. You can take business courses in the comfort of your own home with no fees to worry about! There are 29 business topics that fall into the following four categories: • Foundations of Marketing • Managing Your Finances • Government Contracting • Starting Your Business Each of these categories contains more specific areas tailored to meet your needs. We must emphasize however, that this does not take the place of one-on-one advising. Visit our website at sbdc.angelo.edu to view the variety of topics offered. Small Business Management Certificate Program To help provide new and potential small business owners with a more in depth entrepreneurship education, the ASU SBDC provides a Small Business Management Certificate Program. Participants can choose between two tracks: Self-Paced (one year to complete) and an 8-Week Course. The certificate program covers topics such as writing a business plan, sales tax, understanding financial statements, finding funding, marketing, and more. More information regarding both tracks for the SBMCP can be found online at: www.angelo.edu/sbmcp