1. Property of IL SBDC at Black Hawk College
Services Offered to
Existing Businesses
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Property of IL SBDC at Black Hawk College

2. Property of IL SBDC at Black Hawk College
80% of Issues are about $
Need an infusion of capital
More sales
Less costs
How do I sell (transition) out
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Property of IL SBDC at Black Hawk College

3. Property of IL SBDC at Black Hawk College
“Can I get a grant …
General rule – Probably NOT!
However ….
. There are some exceptions give me a call to find out
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Property of IL SBDC at Black Hawk College

4. Property of IL SBDC at Black Hawk College
“Can I get a loan …
General rule – Probably!
However ….
. We have some “tricks up our sleeves” to help with:
- negotiating terms
- setting the table for “YES”
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Property of IL SBDC at Black Hawk College

5. Property of IL SBDC at Black Hawk College
“Can I get a loan …
However ….
. Sometimes the answer is going to be NO or Not yet!
I can help with strategies to get those answers to a YES.
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Property of IL SBDC at Black Hawk College

6. More sales or less costs?
Which is more important?
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Property of IL SBDC at Black Hawk College

7. More sales or less costs?
Yes – BOTH
Taking care of both results in a 3%-6% increase in bottom line results (on the average)
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Property of IL SBDC at Black Hawk College

8. DCEO Road Map to Success
Strengthen the state's ongoing business attraction, retention and support initiatives
Promote economic development on a regional level
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Property of IL SBDC at Black Hawk College

9. DCEO Road Map to Success
Develop an increasingly competitive workforce
Increase fairness and opportunity for distressed communities and the unemployed
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Property of IL SBDC at Black Hawk College

10. DCEO Road Map to Success
Make Illinois a top destination for entrepreneurs
Implement a comprehensive statewide strategy to drive innovation
Modernize and revitalize our infrastructure
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Property of IL SBDC at Black Hawk College

11. Yourself, Friends, Family
$$ Resources $$
Yourself, Friends, Family
Banks or Lenders
Community Programs
SBA Loan Programs
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Property of IL SBDC at Black Hawk College

12. Illinois Small Business Development Center at Black Hawk College
Small Business Certificate Program – 5 Saturdays (morning session + Lunch + afternoon session)
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Property of IL SBDC at Black Hawk College

13. Illinois Small Business Development Center at Black Hawk College
Quick Books Class – 3 Saturday mornings
One-on-one value-added advising services to IL businesses at “no out of pocket cost”
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Property of IL SBDC at Black Hawk College

14. Property of IL SBDC at Black Hawk College
Questions
Joel E. Youngs, Director
IL Small Business Development Center
Joel
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Property of IL SBDC at Black Hawk College

15. “Services Offered to Existing Businesses”
Thank you
“Services Offered to Existing Businesses”
Illinois Small Business Development Center
At Black Hawk College
Updated
Property of IL SBDC at Black Hawk College