December 28th, 2011

We will be hosting another Profit Mastery workshop series.

This practical, hands-on seminar deals with action steps for improving profitability and efficiency to keep your business strong and competitive. The Profit Mastery tools will provide you clear, proven techniques that you can use right now in your business to increase your financial performance. The seminar will help answer questions such as:

  • How can I get more useful information out of my financial statements?
  • How can I use my financial statements to manage more effectively?
  • How can I manage growth?
  • How can I survive bad times?

This course starts February 12th from 3pm-7pm Monday and Wednesday nights for two weeks.

Go from profit mystery to Profit Mastery. This nationally-acclaimed course deals with action steps for improving profitability and efficiency to keep your business strong and competitive. It will cover: Overcoming common business problems; Understanding your financial position; Using tools to take active control; Making effective pricing decisions; Evaluating cost patterns; Making your business bankable; Avoiding cash crunches; Planning for transition; putting it all together.

This course qualifies for 16 hours of CPE credits for CPAs.

For more information, call Julie at 507-389-8875.

No charge for the second person from the same company, partial scholarships are available.

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October 10th, 2011

Five new Minnesota Angel Network-Certified Opportunities are available to Registered Investors now, through their secure web portal:

  • Biotechnology
  • Electronics/Instrumentation
  • Medical Devices & Equipment
  • Internet/Web Service
  • Clean Technology

To register as an investor, at no cost, and receive confidential access to these and other deal opportunities, click here to JOIN NOW.

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August 4th, 2011

As of July 31, our center has met with 252 clients, delivering 1,111 consulting sessions for a total of 2,138 consulting hours — far exceeding our goals.

The average client has received eight hours of professional business consultation in the areas of Finance and Capital Access, Business Planning and Marketing, Cash Flow Management and Start-up assistance.

To date, the Center has assisted in raising over $4,000,000 in capital for area small businesses, assisting in creating or retaining an estimated 237 jobs.

The Center has delivered start-up education in collaboration with South Central College, as well as Profit Mastery through the College of Extended Learning.  Additional training is offered on an ongoing basis with partners such as the Minnesota Department of Revenue, Southern Minnesota Initiative Foundation, Procurement Technical Assistance Center (PTAC) and area professionals.

In addition, the Director has assisted in several classrooms on campus in the College of Business, Construction Management and Urban and Regional Studies. He has also presented to high school classrooms in Mankato, St. James and St. Clair.

The Center contracts with seven independent business consultants, including two of MSU’s MBA students.

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July 29th, 2011

At least once a week, a representative of the Small Business Development Center’s Mankato office travels down to Fairmont for an appointment with someone in the area who has questions about a potential or existing business.

Read the full story here.

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July 5th, 2011

The newest issue of Connect Business Magazine features a
cover story of our Director, Mike Nolan.

According to Connect editor Dan Vance, Mike fits a wealth of cover story selection criteria, including being a highly successful businessperson, possessing a long business track record, and having the ability to spin a reader-grabbing tale.

Read the full story here.

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June 6th, 2011

Entries are closed for this years competition – stay tuned for results as we move forward.

Several applications from our region, including some student lead teams are competing this year.

The Cleantech Open runs the world’s largest cleantech Business Competition – a one-of-a-kind national program to find, fund and foster the most promising clean technologies. Their unique professional development platform includes extensive mentoring, training, business clinics, investor sessions, and numerous opportunities to showcase to the media and the public.

Over the past five years, the Cleantech Open has awarded over $5 million in cash and services to support cleantech growth companies. 473 Alumni companies have raised more than $300 million in external funding and have created over 2,500 new jobs.

If you have questions, call the Application Hotline: 888-989-OPEN (888-989-6736)
or for Online Help: Click Here

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June 2nd, 2011

Learn to grow your business with Every Door Direct Mail. This is a cost-effective way to promote your business to customers in your area without a mailing list:

  • Saturate a target area with your marketing message by utilizing carrier routes instead of mailing lists.
  • Save on lists and printing.  No need to rent mailing lists or print specific names and street addresses on your mail pieces.

Tuesday June 7, 2011
11:00 a.m. – 12:00 p.m.
USPS Processing Center
Training  Room
851 Summit Ave., Mankato, MN

Visit www.usps.com/growyourbusinessdays to reserve your space at this seminar.

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May 11th, 2011

I spoke today with a great organization in New Ulm – the Pro group.  They get together to share referrals and ideas – and each person gets to give a 60 second commercial about their business.

We discussed the importance of creating an experience for your customers.  It reminded me of a great TED talk video shared by one of our MBA students.  Let me know what you think.

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April 25th, 2011

Small Business Advantage: Put Our Knowledge to Work for You

Presented by the Internal Revenue Service

Date: May 18, 2011

This FREE webinar is for:

  • Small  business owners
  • Self-employed persons
  • Independent contractors
  • Tax practitioners – Please note: CPE credit is not available for attending this webinar.

Learn about:

  • The new IRS brand for small business resources
  • Discover multiple resources to help small businesses thrive
  • What are the benefits of using Small Business Advantage?
  • Find out about opportunities available now for small businesses

Register & Attend

  • Click on the link to register for the session

http://www.visualwebcaster.com/IRS/77699/event.asp?id=77699

EASTERN CENTRAL MOUNTAIN PACIFIC
2 p.m. 1 p.m. Noon 11 a.m.

Information

  • Visit www.IRS.gov and search Webinars for information about other events.
  • If you experience difficulty viewing the event, please use the email option on the event page or call 866-956-4770.
  • This event will be archived on the IRS Video Portal for later viewing approximately two weeks after the date of the event.

Sponsored by: IRS Small Business/Self Employed Division

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February 23rd, 2011

One local client tells her story how she left her job to become a full time eBay business.  She was recently on eBay radio. Listen here…

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