Somerset, Ky. — A new partnership between the Kentucky Small Business Development Center (KSBDC) and the Somerset-Pulaski Economic Development Authority (SPEDA) will bring a small business coach to Somerset who has significant experience in operations and leadership.
The two organizations have hired Steve Lochmueller, an operations executive skilled at building companies through new business development, strategic initiatives and teamwork. In his new role, Lochmueller will provide one-on-one consultations at no cost to existing and potential entrepreneurs in southern Kentucky, while also facilitating low-cost training programs taught by industry experts and qualified SBDC consultants for the small business community. Through this partnership — made possible by Coronavirus Aid, Relief, and Economic Security (CARES) Act funding — Lochmueller will be based out of SPEDA’s headquarters in Somerset.
“I am excited about the opportunity to work with KSBDC and SPEDA to coach entrepreneurs and small business owners in these difficult times
Not only do founders usually come from a sales, marketing, finance or operations background, but they’ve also likely bought into the outdated narrative that HR is some sort of “necessary evil,” a cost center and talent backwater that only drags the company down into compliance and procedure, stifling the “move fast and break things” credo.
Fast growth often covers up many problems for months, even years, until things fester beyond the point of no return. HR is not the least of these. In fact, in my experience, it’s the most common such problem.
As long as a company is growing quickly up to 150-200 people, the
Some entrepreneurs who want to scale their companies and fast-track their growth hire a business coach to help them get there. These coaches often have years of business experience themselves and can help you take your business to new heights. But is it worth the time and expense?
If you’re on the fence about hiring a coach, take it from the members of Young Entrepreneur Council: It’s worth the investment. Below, 10 members each shared one of the biggest benefits they’ve experienced from hiring a business coach and why they suggest others follow suit.
1. They’ll Help You See Your Blind Spots
Good business coaches are there to help you see the blind spots. As entrepreneurs, we often get into the weeds of our business and
If your business relies heavily on its online reputation and following, you know how important credibility and substance are to your business’s success. That’s why hiring a remote professional writer can be a big help in conveying your message, boosting your company’s online authority and overall presence.
Remote work has seen a boom following the pandemic so finding professional writers shouldn’t be too hard. If you do have the financial flexibility to do so, then you should definitely consider utilizing a professional writer. Read on to learn why a good writer can be one of the most important assets you can invest in.
Your website represents your entire company
Poorly written content promotes an image of laziness and unreliability. On the other hand, well-written, engaging copy promotes an enterprise that puts quality above all. That’s what puts customers through the door. You’d think this would be more intuitive, but you’d
CHICAGO (Reuters) – Dick’s Sporting Goods said on Thursday it will hire up to 9,000 workers to cover the key holiday season in its stores, 1,000 more than last year, expecting a jump in online orders for curbside or in-store pickups amid the coronavirus pandemic.
Retailers have struggled this year, with mall traffic declining across the United States as stores in states like California continue to operate under severe restrictions to combat the spread of COVID-19.
The number of people visiting Dick’s outlets declined nearly 54% in May, according to data firm Placer.ai. While this has since improved, traffic is still about 9% lower than last year, the data shows.
Pennsylvania-based Dick’s expects in-store foot traffic to improve from earlier this year, with demand for products like kayaks, golf clubs and bicycles up as many people turn to non-contact sports. Still, online sales are surging: second-quarter e-commerce
Opinions expressed by Entrepreneur contributors are their own.
According to the 2019 Onpay Small Business Finance and HR Report, just 30 percent of small business owners work with accountants. That’s not surprising, given how much each dollar counts to a small company.
Doing the accounting yourself certainly saves some money in the short term. That said, it might be worth hiring an outside accountant for your company. You, of course, have to weigh the pros and cons yourself, and each business is different, but there is much to be gained by bringing in an outside resource.
Here are four reasons why you should consider hiring an accountant for your small business:
Related: 7 Tasks You Do Every Day That Waste Time and Cost Your Business Money