Resource: Small Business Start-Up Guide

(Submitted by Kimberly Roush, Program Assistant, Ohio Cooperative Development Center and Business Development Network, OSU South Centers)

Download the Small Business Start-up Guide hereScreenHunter_618 Jul. 30 16.13

TABLE OF CONTENTS
Market Assessment
Business Planning
Financing Your Business
Business Entities
Sole Proprietorship
Partnership
General
Limited
Corporation
C-Corporation
S-Corporation and Sub-Corporation Taxes
Cooperatives
Non-Profits
Limited Liability Corporation (LLC)
Name Registration
Name Availability
Choosing Professional Advisors
Insurance
Health Department
Licensure
Zoning
Sales Tax Issues
Regular Vendor’s License
Transient Vendor’s License
Delivery Vendor’s License
Service Vendor’s License
Certificate of Exemption
Commercial Activity Tax
Employees
Employer’s Tax Responsibilities
Real Property Tax
Employee vs. Independent Contractor
Social Media
Incorporating Social Media into Your Small Business
Sources for Start-Up Business Assistance

Meet the BizTeam featuring: Brad Bapst

(Submitted by Kimberly Roush, Program Assistant, Ohio Cooperative Development Center and Business Development Network, OSU South Centers)

Brad Bapst, Director,
Small Business Development Center

Brad Bapst - Office
1864 Shyville Road
Piketon, OH 45661
740-289-2071 x230
bapst.4@osu.edu

Education:

Certification:
Certified Business Advisor from the University of Toledo

Bachelor of Science Degree from Shawnee State University in Plastics Engineering

Professional Experience:

Brad is a Certified Business Advisor with the Small Business Development Center at The Ohio State University South Centers. Brad has been an employee of the Ohio State University South Centers since 1995. His career began at the South Centers working with the Soil and Water Resources program. He also served as the Pike County Extension Educator in 4-H Youth Development for a period of his career. In 2005, he joined the South Centers Business Development program serving as Program Director/Business Counselor for the Manufacturing and Technology Small Business Development Center. Brad recently assumed the Program Director/Business Counselor for the Small Business Development Center.

Community/Personal Business Experience:

A lifelong resident of Pike County, Brad is interested in assisting new and existing business owners in the region with needs that they may not be able to address themselves. In addition to his work with the Business Development Center, Brad has a strong interest in agriculture. He is the sixth generation in his family to operate a farm. Brad currently owns and operates a diversified 500 acre farming operation, which in recent years has added plasticulture strawberries to the existing crops of corn, soybeans, hay and beef cattle. Brad has served on the Eastern Local School District Board of Education for 13 years.

Why do you think OSU South Centers is so successful?

“Members of our Team are from the community. We genuinely want to see this area progress and be better. I think we are all motivated by a deep down drive to help people because we realize that if the community around us is successful it lifts us all up.

We have a lot of talented people on our team that could go anywhere and get a job, but we choose to work here for the right reasons. We are not driven by personal gain. It’s not just a job. We feel like we can make a positive difference.” ~Brad Bapst

SOACDF Grant Dollars Available

(Submitted by Melissa Carter, Business Development Specialist, Small Business Development Center, OSU South Centers)

farmland-820038_1920 (2)It’s hard to believe it is the end of July already. July brings the return of the Southern Ohio Agricultural and Community Development Foundation (SOACDF) funding programs. These programs are unique to Southern Ohio and bring a chance to diversify, expand and educate our individuals and operations.

The four programs, Agricultural Development, Young Farmer, Educational Assistance and Economic Development, each have different eligibility requirements and deadlines. The Agricultural Development, Young Farmer and Economic Development applications all require a business plan, which is where the OSU South Centers Business Development Network can help.

Our business counselors are available to meet with businesses and individuals to assist in the completion or review of the applications.

For more information about each of these programs, please log onto the SOACDF website: http://www.soacdf.net.

To make an appointment, please call Joy at 740-289-2071 Ext. 111.

Energy Loan Fund Application Update

(Submitted by Melissa Carter, Business Development Specialist, Small Business Development Center, OSU South Centers)

Ohio Development Services Agency pic for Energy loan post

The Ohio Development Services Agency will open a new round of funding for the Energy Loan Fund on July 15, 2015. The Fund provides financing for energy efficiency and advanced energy projects to Ohio businesses, manufacturers, non-profits, schools, colleges and universities, and public entities. A total of $11.25 million in funding is available for Fiscal Year 2016.

The Energy Loan Fund guidelines and application process have been updated for the new round of funding. Applicants are encouraged to thoroughly read the program guidelines before starting the application process. A few important updates:

• All applicants must submit a Letter of Intent. A prospective applicant cannot submit a formal application without having first submitted a Letter of Intent. Letters of Intent will be accepted only from July 15 – August 12, 2015 for this round of funding.
• Loan amounts will range between a minimum of $250,000 to a maximum of $1,250,000 for all applicants.
• All applicants must attend the Bidder’s Conference on August 26, 2015.

All applicants are required to submit a Letter of Intent to the Ohio Development Services Agency by Wednesday, August 12, 2015. Once an applicant has submitted a Letter of Intent, they will receive instruction on how to complete a formal application.

A copy of the updated guidelines and information on the application process can be found here. Questions specific to applying for current round of funding should be sent to energy@development.ohio.gov.

Thank you for your interest in the Energy Loan Fund.

The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services.

Client Spotlight: Jessamy Bright – Patronus Training

(Submitted by Kimberly Roush, Program Assistant, Ohio Cooperative Development Center and Business Development Network, OSU South Centers)

View More: http://arielviewsphoto.pass.us/houchens-2014Jessamy Bright is an Instructor for Patronus Training, as well as the owner of a concealed carry and self-defense products company called Scorpion Concealment. Jessamy grew up around firearms. Her dad was an avid hunter, and she and her sibling were introduced to firearms early, but oddly not to handguns.

When Jessamy and her husband Rob decided to purchase a handgun for home protection, Jessamy asked her brother-in-law, Tyson Houchens, owner of Patronus Training, to give them some basic handgun training. Tyson is a military veteran of the U.S. Army 82nd Airborne Division with multiple combat deployments. Since his military service, Tyson has worked in various high threat places around the globe. He has experience teaching military and law enforcement teams from around the world.

In that very first class of the fundamentals of marksmanship, safety and handgun operation, Jessamy found her passion for firearms. She added teaching firearms, specifically teaching firearms to women, and competition shooting to her bucket list.

Jessamy said, “I started practicing at the range and learning more about firearms. I took the NRA basic pistol course with my sister and got my concealed carry permit for Ohio. From there, I continued to increase in knowledge and love for firearms in general. After some time, Tyson asked me to come to Patronus Training as an instructor. He wanted to bring a female instructor on to assist in teaching women that were requesting classes.”

“I decided to transfer our monthly women’s shooting league gatherings at the outdoor range in Pomeroy, Ohio into a nationally recognized women’s shooting chapter.” Jessamy continues, “In August of 2014, I started The Well-Armed Woman Southeast Ohio Chapter.”

Currently, Jessamy is a National Rifle Association (NRA) Certified Pistol Instructor, NRA Certified Range Safety Officer, The Well-Armed Women Certified Instructor, and the Chapter Leader/Lead Instructor for The Well-Armed Woman Southeast Ohio Chapter. She is also a competitive shooter in the International Defensive Pistol Association (IDPA), and is classified at Marksman.

View More: http://arielviewsphoto.pass.us/houchens-2014

To expand the training she offers, Jessamy, plans to take an NRA Personal Protection in the Home Instructor course in September and offer the course to clients in 2016. She also plans to become an NRA Refuse to Be a Victim Instructor offering a four-hour class on personal safety and protection, which can be offered on a larger scale since no live fire is required.

Jessamy wanted to reach potential clients to let them know about the firearms training she could provide. She met with Patrick Dengel, Business Development Specialist for Small Business Development Center at Ohio State University South Centers/ and Adjunct Instructor at the University of Rio Grande for a marketing spot on Business Talk. Business Talk is a BlogTalk/Video Spotlight, where Patrick Dengel and Mike Thompson, University of Rio Grande interview many topics relating to business.

Jessamy said, “What I love about teaching is that I can take women who may be concerned about or have had a bad experience with firearms, or have had bad experiences with abuse or violence. I can make it comfortable for them to learn how a firearm works by making them welcome and comfortable in an easy learning environment.”

Take a look at http://www.patronustraining.com to find out more about firearms training opportunities in Southeast Ohio.

Consider your holiday calendar when planning your business marketing

(Submitted by Patrick Dengel, Business Development Specialist, Small Business Development Center and Adjunct Instructor, University of Rio Grande MBA Program/OSU South Centers Collaboration, OSU South Centers)

Christmas Season is recognized as the premier time to sell products and services. However, when one looks at the calendar year, there are 18 additional major “shopping” events that can help to promote your business sales. Small businesses that recognize, plan, and match promotions of products/services within the “spirit of the various event/ holiday periods” can get an added edge on sales when advertisement dollars are limited.

Below is a sample calendar that can help small businesses plan promotional media sales and events throughout the year.

2015-Calendar-With-Holidays-HD-Wallpaper

Also consider:
• Anniversaries of the Business
• Customer Birthdays and Anniversaries
• Weddings, Birth of Children, and Retirement
• Special Events Specific to Groups of Customers
• Festivals and Community Programs
• Primary, Secondary and Post-Secondary Programs, and Graduations

Three reasons to consider structuring your farmers’ market as a cooperative

(Submitted by Hannah Scott, Manager, Ohio Cooperative Development Center, OSU South Centers)

fruit-426002_1920 (2)A farmers’ market can take many forms ranging from an informal gathering of producers, to a non-profit organization, limited liability corporation, or cooperative, among many other possibilities. Below are three reasons to consider a cooperative model of community and/or vendor members for your farmers’ market.

1) Governance by members. Cooperatives are governed by a board of directors elected from the membership. Member-directors can provide a vision for the market that aligns with and prioritizes member needs and wants.

2) Member commitment. In a cooperative, members democratically control the business through the one-member-one-vote principle and, depending on the cooperative, can receive financial returns from the cooperative on the basis of use. These cooperative characteristics can help increase the commitment to the market by vendors or customers who can realize multiple levels of benefits.

3) Increasing community support. Patrons of the market will not only be supporting individual producers when buying at the market, but also the community of members that make up the market cooperative. Markets could share this fact with patrons and the surrounding community to generate greater support!

Is your farmers’ market organized as a cooperative? If so, feel free to share what you see as the benefits of a cooperative structure in the comments below!