UGA SBDC Aids in Expansion of Successful Co-Working Salon Studio
Amika Carter had built two successful locations of her co-working salon, Beya Salon Studios, in Atlanta and was ready to open a third near Atlanta’s West End when she reached out to Terence Strong, Fiserv business consultant at the UGA SBDC at Morehouse College, for assistance. Together they worked on strategic expansion plans, financial projections, a tenant recruitment plan and a review of the return on investment from her marketing efforts. Beya Salon Studio’s third location opened in September 2023, breaking even the first month with 21 studios leased. Now, the location is nearly at capacity with only five of its 34 spaces available.
UGA SBDC Clients Receive SBA Awards
For the past 60 years, the President of the United States has issued a proclamation announcing National Small Business Week as an opportunity to recognize the critical contributions of America’s small business owners. As part of National Small Business Week (April 28 – May 4), the US Small Business Administration (SBA) takes the opportunity to highlight the impact of outstanding entrepreneurs, small business owners and others from all 50 states and US territories. This year, five clients from the University of Georgia Small Business Development Center (UGA SBDC) were named SBA award winners in the Georgia District. In addition, one client was named a national award winner.
UGA SBDC helps Panthersville Business Stand Out and Gain Steady Growth
In 2014, Nadine Marsh Coleman had the opportunity to acquire SERVPRO® of Panthersville, a franchise that provides residential, commercial and governmental water and fire restoration and mold remediation services. Her transition from a career as a software engineer to full-time business ownership led her to the University of Georgia Small Business Development Center (UGA SBDC) for assistance. Coleman’s work with the UGA SBDC guided the trajectory of her business, transitioning it from fragile to thriving, and tripling sales within the first four years of her full-time ownership that began in 2019.
From Fitness Trainer to Keto-Friendly Baker: UGA SBDC Helps Scale Small Business
Amber Connor was baking keto-friendly sweets out of her house, and she was ready to expand her business, Sinless Sweets. She connected with Rick McMurtrey, area director at the University of Georgia Small Business Development Center (UGA SBDC) in Augusta, to learn the best way to scale her business. McMurtrey helped her review potential retail locations, evaluate build-out costs, prepare financial projections and organize the financials and management of the business. Since working with the UGA SBDC, Sinless Sweets has moved to a brick-and-mortar location, experienced a 300% increase in sales and added six employees.
UGA SBDC Teamwork Aids Lula Business Owner in Two Major Ventures
Pest Control Insulation & Tallulah Adventures Long Term Relationship with UGA SBDC Helps Pest Control Insulation Grow Bill Turk created his business and patented technology – thermal acoustical pest control insulation (TAP®) –because of opportunities unique to Georgia, including his work with the Gainesville office of the University of Georgia Small Business Development Center (UGA […]
Economic Injury Disaster Grant Scam
Stay alert! Small businesses are being targeted with a phishing scam designed to collect banking information and payment in return for “SBDC Economic Injury Disaster Grant.” This is NOT a legitimate email or offering. The emails may come from: “[email protected]” and claim a business has been approved for a grant but a “tax clearance fee” […]
Support From UGA SBDC and Solid Budgeting During a Crisis Has Lasting Effects for Real Estate Law Firm
The pandemic left many businesses uncertain about their financial future. For Rubin Lublin, LLC, a Peachtree Corners real estate law firm, the pandemic brought their primary line of legal work to a halt. Michele Lublin, the firm’s director of finance and operations, turned to the expertise and resources of the University of Georgia Small Business Development Center (UGA SBDC) for assistance.
Small Business Lenders Find Value in Business Education and Resources from the UGA SBDC
Whether it’s small business planning, market development, access to capital, record keeping or general business consultation, the University of Georgia Small Business Development Center (UGA SBDC) can assist business owners in any stage of their growth. Lending institutions are also discovering the benefits of working with the UGA SBDC.