LEXINGTON, Ky. (Dec. 18, 2012) —Small town retailers and restaurant businesses are the heart of our communities, so helping to ensure they thrive is vital to the local, state, and national economy.
The Kentucky Small Business Development Center’s (KSBDC) Small Town Merchant Program (STMP) will bring custom retail and restaurant business audits to small towns across the state. These business audits will assess everything from curb size appeal, merchandising, pricing structure and much more. Skilled SBDC consultants will then help business owners address weaknesses to strengthen and grow their businesses.
“We are so excited to bring this new program to the state,” said KSBDC State Director Becky Naugle. “Through this program we will be able to assist retailers and restaurant owners in rural communities and help them to build better businesses and, in turn, better local economies.”
“It is our hope that STMP will help rural retailers and restaurant owners alike adapt their businesses to a changing economy and a changing customer,” said Dee Dee Harbut, KSBDC special programs director. “The business audits will be a valuable tool to help focus both the consultant and business owner on key areas that need attention.”
The Small town Merchant Program will kick off in January 2013 with a series of workshops held across the state. These two-hour sessions will feature national retail consultant Marc Willson and focus on the timely topic of staying relevant to a changed customer. Following the session, several attendees will be chosen to receive a special business audit by Willson himself.
Following the STMP kickoff, KSBDC consultants will meet with attendees and other interested retailers and restaurants to offer additional business audits and continuing assistance in further refining their businesses. Learn more about the small town merchant program, including dates and locations.
LEXINGTON, Ky., (Feb. 14, 2017) – Kentucky Small Business Development Center is seeking nominations for the 2017 Pacesetter Awards. The recognition program was created to honor high performing, second-stage businesses that are changing Kentucky’s economic landscape. The deadline to submit nominations is March 15.
KSBDC encourages small businesses that meet the following minimum qualifications to apply:
· Privately held
· In business for three or more years
· Employ six or more full-time employees, including the owner
· Annual sales meet or exceed $500,000
· Located and headquartered in Kentucky
·Demonstrate the intent and capacity to grow evidenced by the judging criteria.
Pacesetters will be selected based on two or more of the following criteria:
· Growth in the number of employees
·Increase in sales and/or unit volume
· Innovativeness of the product or service
·Response to adversity
·Employee engagement and commitment
·Contributions by the nominee to aid community-oriented projects
Pacesetters will be recognized at the Kentucky Celebrates Small Business event held at the Capitol rotunda in Frankfort during the first week of May. Each honoree will receive an award inscribed with the business’s name and a promotional video for their own use that highlights the business. In addition, KSBDC will send a customized press release announcing the award to local media and trade associations. Honorees are given the rights to use the Kentucky Pacesetter logo and event photographs in promoting their business.
Anyone may submit nominations, including third parties associated with an eligible second-stage business. A business may self-nominate by completing the required form. Winners will be notified by March 27. Full nomination requirements and the application are online at https://www.ksbdc.org/kentucky-pacesetters1 .
The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 12 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. More information on KSBDC services can be found on their website, http://www.ksbdc.org/ .
Writer: Roberta Meisel, 859-257-0104
UK College of Agriculture, Food and Environment, through its land-grant mission, reaches across the commonwealth with teaching, research and extension to enhance the lives of Kentuckians.