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Wednesday, June 16, 2010

SBANC Newsletter - June 15, 2010

 


SBANC Newsletter


June 15, 2010


Issue 620 - 2010


QUOTE

"I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed. "

-Michael Jordan

FEATURE PAPER


Entrepreneurship Opportunities in the Solar Industry

The following paper was written by Douglas Causey, Vershun L. McClain, Mary M. White, and Donald Causey from Jackson State University. It was presented at the Association for Small Business & Entrepreneurship 35th Annual Conference.

Abstract

According to Schumpeter, a great economist, technology revolution can create "gales of creative destruction" that may result in the elimination of existing industries that are replaced by new ones which offer more sustainable and profitable opportunities (Schumpeter, 1942). This paper postulates that rapid improvements in solar energy technology represent a rare opportunity to create structural change in the electricity generation industry while providing the United States with sustainable, competitive energy alternatives and entrepreneurs with enormous wealth creation opportunities. Specific topics addressed are current and emerging solar energy technologies, estimated market scale and outlook, and potential entrepreneurship opportunities.

Introduction

Currently, leadership in the U. S. has made energy independence a strategic initiative. The United States depends on foreign countries for two-thirds of its needs. President Obama believes our excessive reliance upon traditional hydrocarbons is unsustainable (Obama, 2009). Thus, he has made a commitment to renewable energy. Technology changes, coupled with strong interest in using green energy technology, have made solar energy a priority area for renewable energy development.



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Read Entire Paper)

TIP OF THE WEEK


SCORE Offers Top 10 Secrets for Small Business Success in 2010

1.Grow your customer base.Understand your customer demographics and why they buy your products and services. Win clients over with new and deversified products. Offer multiple price points and create packages or customizable plans, which give your customer greater freedon and flexibility.
2.
Expand low budget marketing.Promote your business for free on Twitter, and set up a Facebook fan page. Start a blog and comment on other blogs. Send customers an email about sales and specials coming up. Take this opportunity to communicate with customers about your business.
3.
Surround yourself with experts.Get feedback from advisors you trust. Entrepreneurs count on SCORE for free and confidential business mentoring. Use a mentor to test ideas, map a sales plan and focus on success. Call SCORE for advice and meet with a SCORE mentor.
4.
Add ecommerce through a web site.Your business needs a web site to stay competitive. Secure all variations on your company's domain name. Use online forms to encourage interaction. add a shopping cart to sell your products, not just promote the brand.
5.
Free up time to sharpen your skills.Organize for success. Set a time each week to handle routine tasks. Use a PDA or calendar to keep track of phone numbers, dates, appointments and meetings. Take short breaks to refresh and recharge.
6.
Create experience events to draw in customers.Host special events like demonstrations, trunk shows and classes. Offer rebate programs to encourage repeat purchases. Rearrange merchandise to make it appear fresh and provide a fresh customer experience
7.
Network to build buzz and referrals.Join groups that represent your clients. If you don't have the money to join an association, offer to donate your services. Take advantage of social gatherings, committee appointments, membership meetings and network events. Each meeting is an opportunity for referrals.
8.
Track your cash flow.The one thing all businesses need is cash. Ensure that you collect receivables within 30 days. Monitor invoices. Pay early when you get a discount. Always keep an eye on your cash. Prepare cash flow reports monthly so you understand your cash needs.
9.
Plan for financing success.Even if you're in business, you should have a business plan ready to submit to potential lenders. Know how additional funding will help you grow your business and demonstrate your ability to re-pay the loan.
10.
Consider forming an LLC.As a sole proprietor, you are personally liable for the debts and liabilities of your business. A corporation or limited liability company (LLC) protects your personal assets and property. You can register your business as a seperate legal entity.

ANNOUNCEMENTS


AACSB Annual Accreditation Conference

You are invited to submit your manuscripts, works in progress, or abstracts for presentation at the 2010 Academic and Business Research Institute Conference in Orlando. The event will take place September 23-25, 2010. The deadline for submissions is August 31, 2010. For More Information,Click Here

AACSB Annual Accreditation Conference

Make room on your calenders for the Annual Accreditation Conference. The conference will take place in Houston, Texas September 26-28, 2010. This conference is for deans, associate deans, department chairs, and faculty. Register by August 15, 2010 and save 200 USD off the on-site registration fee. For More Information,Click Here

ASC 21st Annual Conference

Please join the American Society for Competitiveness October 28-30, 2010 for their 21st Annual Conference in the Washington, D.C. area. This conference provides an excellent opportunity to interact with scholars, business leaders, and government leaders from all over the world, discuss research findings and current practices pertaining to the various facets and sources of competitiveness to survive and succeed in today's global marketplace, present your paper in a very congenial and professional conference environment, and publish your article in peer-reviewed Cabell's journals. For More Information,Click Here

ICSB 2010 World Conference

ICSB invites you to join them in beautiful Cincinnati, OH, USA for the ICSB 2010 World Conference. The ICSB World Conference is a unique and special gathering place for ICSB's international community to share knowledge and network across borders. Over the last 55 years, the ability to develop both personal and professional contacts from other countries and across cultures has given ICSB members an advantage in the global marketplace. For More Information,Click Here

NCIIA 15th Annual Conference

We invite you to attend the NCIIA 15th Annual Conference in Washington, D.C. March 24-26, 2011. NCIIA's Open is the premier conference for faculty and students involved in technology innovation and entrepreneurship in higher education. Explore the science, business and practice of catalyzing innovation in higher education. You'll have the opportunity to be part of the foremost community of thought leaders in these fields, take away tangible learnings from workshops taught by leading faculty innovators, make connections that will advance your work, see breakthrough technologies at our annual showcase of student innovations at the Smithsonian National Museum of American History, and experience Washington, D.C.. For More Information,Click Here

2011 Small Business Institute® Annual Conference

The Small Business Institute invites you to attend their 2011 annual conference which will be held in Bonita Springs, Florida. The conference will take place February 17-19, 2011. The deadline for paper submissions is September 17, 2010. Conference tracks include accounting and finance, ethics and environmental responsibility, experiential learning, family business, global entrepreneurship, marketing social entrepreneurship, small business, and women & minority business. For More Information,Click Here

2010 ASBE Call for Papers

The Association for Small Business and Entrepreneurship (ASBE) invites you to submit competitive papers, cases, and workshop proposals for our Fall Conference at the Stockyards Hotel located in the National Historic District in Fort Worth, Texas. The conference will take place October 6-8, 2010. The deadline for submissions is August 1st, 2010. For More Information,Click Here

SBI Journal - Request for Papers And Reviewers

The Small Business Institute is now requesting papers and reviewers for the fifth volume of the Small Business Institute Journal. If you are interested in submitting a paper please visithttp://www.sbaer.uca.edu/sbij/about.phpto see the guidelines and submission procedure. If you are interested in becoming a reviewer or would like more information please email us atsbij@uca.edu.

International Enterprise Promotion Convention: Call For Speakers 2010

Do you see Enterprise as a transformational force for people and communities? Do you support Enterprise Promotion, as a practitioner, funder or policymaker? Are you proud of your own achievements? Do you want to share your successes? Would you like to learn from the experience of colleagues around the World? If you can answer YES to even one of these questions, you should come and speak at IEPC 2010, in Harrogate, North Yorkshire from 8-10 November 2010.. For More Information,Click Here

International Conference on New Horizons in Education

The main goal of this conference is to present and discuss new trends in education. INTE-2010 conference is supported by many universities and organizations. INTE-2010 has already formed a large, multi-national and friendly community of colleagues who love to share ideas. INTE-2010 invites you to submit proposals for papers, panels, best practices, roundtables, tutorials, posters/demonstrations, and workshops. For More Information,Click Here

Student Case Writing Competition

The Baylor University Entrepreneurship Program and USASBE are jointly sponsoring a student case writing competition in conjunction with USASBE's annual meetings beginning in 2011 at USASBE's 25th Annual Conference to be held January 13-16, 2011 in Hilton Head, South Carolina. This is an innovative international event that supports and encourages undergraduate and graduate students who wish to engage in case research and case writing. Submitted cases are suitable if they advance the field of entrepreneurship, broadly defined, and contribute to an understanding of entrepreneurial phenomena. For more information,Click Here

ICSB 2010: "Entrepreneurship: Bridging Global Boundaries"

The ICSB World Conference 2010 will be taking place June 24-27, 2010. It will be held in Cincinnati, Ohio, USA. The Early Registration Deadline is April 30th, 2010. Topics will deal directly or indirectly with: * Entrepreneurship Education * Individual Entrepreneurship * Women and Minority Entrepreneurship * Small Business and SME's in Developing Economies * Public Policy * Entrepreneurship and Technology * Family Business * Corporate Entrepreneurship * International Entrepreneurship * Entrepreneurship in the Arts * Entrepreneurship Across the Curriculum * Social Entrepreneurship * Additional topics of interest and value to ICSB's membership.
For more information,
Click Here.

CONFERENCES

ISM
Who:Institute for Supply Management
What:3rd Annual ISM Sustainability and Social Responsibility Conference
Where:Lake Buena Vista, FL
When:Nov 4-5, 2010
Find out more
FFI
Who:Family Firm Institute
What:FFI Annual Conference: Family Enterprise
Where:Chicago, IL
When:Oct 13-16, 2010
Find out more
AACSB
Who:Association to Advance Collegiate Schools of Business
What:Annual Accreditation Conference
Where:Houston, Texas
When:Sep 26-28, 2010
Find out more
AMA
Who:American Marketing Association
What:2010 Advanced Research Techniques Forum
Where:San Francisco, California
When:Jun 6th - 9th, 2010
Find out more
AMA
Who:American Marketing Association
What:2010 Advanced Research Techniques Forum
Where:San Francisco, California
When:Oct 28-30, 2010
Find out more
PNU
Who:Pusan National University
What:Global Studies Conference 2010
Where:Busan, South Korea
When:Jun 21st - 23rd, 2010
Find out more
UIC
Who:University of Illinois-Chicago
What:Third Subsistence Marketplace Conference
Where:Chicago, Illinois
When:Jul 9th - 11th, 2010
Find out more
PEN
Who:Princeton Entrepreneurs
What:2010 PrincetonEN Conference and Business Plan Competition
Where:Princeton, NJ
When:May 28th, 2010
Find out more

CALLS FOR PAPERS

ABRI
Who:Academic and Business Research Institute
What:2010 Academic and Business Research Institute Conference
Where:Orlando, Florida
When:Sep 23-25, 2010
Submission Deadline:Aug 31, 2010
Find out more
AGB
Who:Association for Global Business
What:International Applied Business Research Conference
Where:New Orleans, Louisiana
When:Mar 14-16, 2011
Submission Deadline:Mar 1, 2011
Find out more
ASC
Who:American Society for Competitiveness
What:21st Annual Conference
Where:Washington, D.C. area
When:Oct 28-30, 2010
Submission Deadline:Jul 16, 2010
Find out more
NCIIA
Who:National Collegiate Inventors and Innovators Alliance
What:NCIIA 15th Annual Conference
Where:Washington, D.C.
When:Mar 24-26, 2011
Submission Deadline:Jun 21, 2010
Find out more
SBI
Who:Small Business Institute
What:2011 Small Business Institute® Annual Conference
Where:Bonita Springs, FL
When:Feb 17-19, 2011
Submission Deadline:Sep 17, 2010
Find out more
ASBE
Who:Association for Small Business and Entrepreneurship
What:2010 ASBE Call for Papers
Where:Fort Worth, Texas
When:Oct 6-8, 20102010
Submission Deadline:Aug 1st, 2010
Find out more
ASBBS
Who:American Society of Business and Behavioral Sciences
What:13th Annual International Conference of the American Society of Business and Behavioral Sciences
Where:Frankfurt, Germany
When:Aug 6th - 8th, 2010
Submission Deadline:Jul 10th, 2010
Find out more
AMA
Who:ATLANTIC MARKETING ASSOCIATION
What:2010 ANNUAL CONFERENCE
Where:Orlando, Florida
When:Sep 29th - Oct 2nd, 2010
Submission Deadline:May 15th, 2010
Find out more
NACCE
Who:National Association for Community College Entrepreneurship
What:NACCE 8th Annual Conference
Where:Orlando, FL
When:Oct 10th - 13th, 2010
Submission Deadline:Apr 28th, 2010
Find out more
IABE
Who:International Academy of Business and Economics
What:IABE-2010 Las Vegas Annual Conference
Where:Las Vegas, Nevada
When:Oct 17th - 20th, 2010
Submission Deadline:May 31st, 2010
Find out more


SBANC STAFF

Main Office Phone: (501) 450-5300

Don B. Bradley III, Executive Director of SBANC & Professor of Marketing - Direct Phone: (501) 450-5345

Meagan Dukes, Development Intern

Derius Campbell, Development Intern

Raven Ambers, Development Intern


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