SAVANNAH—In today’s tough economy, more people are considering the benefits and rewards of small business ownership. While they may have the perfect business plan, they often lack financial backing and the knowledge to identify and secure financing from other sources. To that end,

Savannah Technical College is hosting its first “Open for Business” technical workshop on Aug. 18 at 2:30 p.m. on securing financing for small businesses, featuring Jessica Byck, Microbusiness Finance Associate for the Small Business Assistance Corporation (SBAC). The workshop will be held in the Savannah Room, 2nd floor Goodman Hall on the Savannah Campus, 5717 White Bluff Rd. 

 

“Whether you’re just starting out and looking at the options or if you’re established and wanting to expand your financing, this workshop has something to offer,” said Brendan Ferrara, who heads the college’s Marketing and Hospitality programs. “Many of our students want to be entrepreneurs, so bringing this information to them while they’re enrolled helps to clarify their thinking about career paths.” 

 

Topics to be covered include risks and rewards of small business ownership, components of a business plan, loan application evaluation and potential pitfalls to avoid. 

 

Byck is responsible for the production of small business loans in Bryan, Bulloch, Effingham and Liberty counties. She also represents the SBAC in community outreach and participates in seminars to small business, banking institutions, Chambers of Commerce and the like.

 

Microbusinesses, home-based and often service businesses, are one of the fastest-growing segments of the economy. According to The Association for Enterprise Learning in Chicago, these businesses added more that 2.5 million jobs to our economy over the past two years. 

 

This event is free and open to the public.