SBANC Newsletter
February 28, 2006
Issue 410-2006
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QUOTE
"The
only question to ask yourself is, how much are you willing to sacrifice
to achieve this success?"
--
Larry Flynt
|
FEATURE PAPER
An Entrepreneurial Approach To Entrepreneurship Education: Active
Teaching
The following paper was presented at the 2006 USASBE/SBI Joint Conference in Las
Vegas, Nevada. It was written by Gordon E. Haym of Lyndon State College.
Abstract
This
paper describes an approach taken to curricula design and teaching
using student-centered or
active learning techniques. The literature used in this approach
is reviewed. The previous Small
Business & Entrepreneurship degree program was redesigned using
an entrepreneurial approach based
on the projected student profile and actual knowledge, experience,
and training in the business world.
A teaching style was developed into a process termed “Active
Teaching.” The various classroom
techniques used and results are discussed.
Read
the Entire Paper...
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CONFERENCES
Alcorn
State University Extension Program
|
| Who: |
Alcorn
State University Extension Program and the Small Farmers
Outreach Training and Technical Assistance Program
|
| What: |
2006
Farmers and Women in Business Conference
|
| Where: |
Vicksburg
Convention Center in Vicksburg, Mississippi |
| When: |
March
27-29, 2006 |
|
|
|
The
Institute for Entrepreneurship
|
| Who: |
The Institute
for Entrepreneurship
|
| What: |
Young Entrepreneur Conference
|
| Where: |
Four Points by Sheraton in Milwaukee, Wisconsin,
USA |
| When: |
March
29, 2006 |
| |
|
The
U.S. Commercial Service & the World Trade Center of
New Orleans
|
| Who: |
The
U.S. Commercial Service & the World Trade Center
of New Orleans
|
| What: |
Banking On Development Business Opportunities
Conference
|
| Where: |
World Trade Center in New Orleans, Louisiana,
USA |
| When: |
March 30, 2006 |
| |
|
IPSERA
|
| Who: |
International
Purchasing and Supply Education & Research
Association
|
| What: |
17th Annual North American Research /
Teaching Symposium
|
| Where: |
San Diego, California, USA |
| When: |
April
6-8, 2006 |
| |
|
Office
of Global Business
|
| Who: |
Office of Global
Business
|
| What: |
Conference
Seventh Annual Global Automotive Conference
|
| Where: |
Bowling Green, Kentucky, USA |
| When: |
April
11-13, 2006 |
|
|
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CALLS FOR PAPERS
MEI
2006
|
| Who: |
-- |
| What: |
2nd International Symposium on Management,
Engineering and Informatics
|
| Where: |
Orlando, Florida, USA |
| When: |
July 16-19, 2006 |
Submission
Deadline:
February 28, 2006
|
|
|
|
Allied
Academies
|
| Who: |
Allied Academies
|
| What: |
Conference
2006 Spring International Conference
|
| Where: |
Location
Hilton New Orleans Riverside, New Orleans, Louisiana, USA |
| When: |
April 12-15, 2006 |
Submission
Deadline:
March 13, 2006
|
|
|
|
Society
for Marketing Advances
|
| Who: |
Society for
Marketing Advances
|
| What: |
2006 Conference
|
| Where: |
Gaylord Opryland Resort and Convention Center
in Nashville, Tennessee, USA |
| When: |
November
1 – 4, 2006 |
Submission
Deadline:
April 1, 2006
|
|
|
|
Small
Business Institute
|
| Who: |
Small
Business Institute (SBI) |
| What: |
Mid-Year
Meeting
|
| Where: |
Louisville,
Kentucky, USA |
| When: |
October
12-16, 2006 |
Submission
Deadline:
May 30, 2006
|
|
|
|
ISBE
|
| Who: |
Institute
for Small Business & Entrepreneursip |
| What: |
29th
Annual Conference
|
| Where: |
University of Glamorgan in
Wales, UK |
| When: |
October
31-November 2, 2006 |
Submission
Deadline:
May 31, 2006
|
|
|
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TIP OF THE WEEK
Financing
with Debt: Getting a Loan for Your Business
The most common
source of capital for established ongoing small businesses is borrowed
funds. This is the case for several reasons, including all
the reasons discussed above, and the simple fact that small businesses
do not have easy access to equity financing through organized stock
exchanges. Additionally, national, state, and local governments all
encourage small
business borrowing. This is done in three ways: (1) direct loans of
cash, (2) guaranteeing loans made by commercial banks, and (3) reducing
taxes
by allowing interest to be deducted. However, when it comes to borrowing
significant amounts of money, all firms are not created equal. Established
businesses that have valuable assets that are separable from the owners
are able to borrow more easily than are start-up or knowledge businesses. So, where can a business actually get loans to start and grow? As you
might expect, your best source is the bank where you are currently doing
business. After all, it is in the business of making loans. You are the
customer. As such, you are a known commodity-you pay your bills, you
keep your account balance positive, you don't bounce checks. Start where
you're known.
But if your bank turns you down, you are not out of luck. In fact,
in the Small Business Administration guaranteed loan programs, you must
be turned down by a bank before you qualify. So, maybe your bank did
you a favor. Having been turned down, you can apply for an SBA guaranteed
loan. Through this avenue, you will still borrow from your own bank,
but the SBA will guarantee the bank that if your business fails, the
SBA will pay off your loan. Other sources for SBA guaranteed loans include
community development organizations, and for small loans, microlenders.
A third source of SBA guaranteed loans is the numerous small business
investment companies (SBIC). A directory of SBICs is maintained on the
SBA Web site: http://www.sba.gov/INV/index.html. You can access the listing
by clicking on the appropriate state on the map presented at the site.
The directory provides not only a list of active SBICs, but also an outline
of the business requirements.
You may also have access to incubators or accelerators in your area.
These organizations exist solely for the purpose of facilitating the
start up and growth of new businesses. They provide advice for finding
loans, and, in some cases, have the ability to make loans to member businesses.
The main things that lenders want to see before they give businesses
their money are the Four Cs of Borrowing, listed here:
1. Character of the managers of the business.
2. Capacity of the business to repay both the principal and interest
on time.
3. Conditions of the industry and economy in which the business operates.
4. Collateral that can be used to secure the loan.
| Katz,
Jerome A., and Richard P. Green. Entrepreneurial Small Business. New
York: McGraw-Hill/Irwin, 2007. 445. |
ANNOUNCEMENTS
The
Henry W. Bloch School of Business and Public Administration Welcomes
Mark Perrys
Mark Parry, Ph. D., has been named the
Ewing Marion Kauffman/Missouri Endowed Chair in Entrepreneurial Leadership
and Professor of Marketing at the Henry W. Bloch School of Business
and Public Administration. He will conduct research and teach courses
on innovation, new product launch strategies and entrepreneurship.
He will also play a leadership role in the creation of a multidisciplinary
Institute for Innovation and Entrepreneurship at UMKC's Bloch School.
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The
SBANC Newsletter is provided as a service to the members of our
affiliates: Academy of Collegiate Marketing Educators (ACME),
Association for Small Business & Entrepreneurship (ASBE),
Federation of Business Disciplines (FBD),
International Council for Small Business (ICSB),
Institute for Supply Management (ISM),
The International Small Business Congress (ISBC),
Marketing Management Association (MMA),
Small Business Administration (SBA),
Service Corps of Retired Executives (SCORE),
Small Business Institute (SBI),
Society for Marketing Advances (SMA),
United States Association for Small Business & Entrepreneurship
(USASBE), U.S.
Department of Veterans Affairs (VA).. If you are interested in
membership or would like further information on one of our affiliates,
please
see
our web
site at http://www.sbaer.uca.edu
SBANC STAFF
Main Office Phone: (501) 450-5300
Dr.
Don B. Bradley III, Executive Director of SBANC &
Professor of Marketing;
Direct Phone: (501) 450-5345 Ashley
Ford, Development Intern
Garion
McCoy, Development Intern
Brandon
Tabor, Development Intern
To subscribe or
unsubscribe to the SBANC Newsletter, please E-mail SBANC at sbanc@uca.edu |
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