Thank you for reading this special edition of Memphis Small Business Quarterly (MSBQ). It was created to strengthen and develop business relationships in the Memphis Area. I hope you will subscribe to our publication online. Collegiate profiles from National College, LeMoyne-Owen College and small business resources are included in this edition. ©2018 - All Rights Reserved - Writing by Design PR
Anthony Hicks, APR serves as the editorial consultant for MSBQ. He has a bachelor’s degree in journalism from Arkansas State University and a master’s degree in Urban Affairs and Public Policy. His current role is director of public relations for SRVS (pronounced serves). He worked as a media relations manager and newspaper reporter previously for other local companies.
Anthony Hicks
Anthony is a member of the Public Relations Society of America (PRSA).
Paula Anderson is a freelance journalist and public relations professional. She is a graduate of LeMoyne-Owen College and is pursuing a second degree in Journalism and Strategic Media. Paula writes stories that uplift, inspire and motivate others. In addition to writing, she is also an adjunct instructor. www.facebook.com/memphissmallbusinessquarterly Jennifer Sharp
Photographer: JD McCollins Cover Page: RLJ Designs www.memphissmallbusinessquarterly.com
Equipping and preparing the next generation of entrepreneurs by Paula Anderson Generally the path to entrepreneurship is either passed down from previous generations or it is learned when you enter high school or college.
Lamarie Banks and MEA students
Kelly D. Price, founder of the Memphis Entrepreneurship Academy (MEA), decided that youth in elementary and middle school were ready at younger ages to understand business principles. Price says, “I formed (MEA) because my grandchildren did not have anything to do one summer and this was also an opportunity to give other students a chance to be creative as well.” Students in the program meet twice a month to learn about creating a business plan, building a business and coding for technology-driven businesses.
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Aretha Hughes is a business management student at National College and has been focusing on entrepreneurship since 2007. One of her business projects is ACH Cruise Line Travels. She says, “My goal in my travel business is to take the stress of planning your next vacation. I want your travel experience to be memorable in positive ways, and to expand and enrich your life as nothing else can.” Hughes can assist with planning cruises to places like the Bahamas, Jamaica, Cozy Mel and Hawaii. “It is best to plan a year in advance to take your dream vacation,” adds Hughes. Entrepreneurship gives her the flexibility to control her own financial path and destiny. Aretha is a wife and mother of four children and is creating her own path as a business owner. Her words of encouragement are: “Live Your Dream”
Juan Wordlow is a 2017 graduate of National College. He is currently pursuing a bachelor’s degree in Business Administration at LeMoyne-Owen College. His ultimate goal is to become an entrepreneur and then help others pursue their dreams. “After college, I plan to attend real estate school and pursue community development and property administration, said Wordlow. “I have a strong passion for sales, marketing research, problem solving, creativity and entertainment.” “College has helped me to understand how to think and plan long-term for entrepreneurship,” states Wordlow.
At a Glance - The Tennessee Small Business Development Center by Rory T. Thomas For over 30 years, the Tennessee Small Business Development Center (TSBDC) network has been empowering small business owners, entrepreneurs, and individuals with a business idea to innovate new products and services that compete in the global marketplace. TSBDC is a network of certified professional business counselors conveniently located in a community near you. TSBDC has 20 various locations; 14 of which are service centers, five are satellite offices, and one is an affiliate office. The Tennessee Small Business Development Center (TSBDC) at Southwest Tennessee Community College assists entrepreneurs in Shelby and Fayette Counties in realizing the dream of business ownership and then helping those existing businesses in remaining competitive in this ever-changing global economy. Any current or future entrepreneur can come to the TSBDC at Southwest Tennessee Community College for unbiased business advice and high quality training at no charge. TSBDC at Southwest’s four certified business counselors provide free one-on-one business counseling to startup and existing business owners. Businesses can receive assistance with startup information, preparing business plans, basic accounting principals, loan packaging, acquiring financing and cash flow analysis, basic tax planning and IRS requirements, basics in getting started in government contracting, market research, strategic planning for growth and expansion and business management. TSBDC, its training partners and subject matter experts, provide free training in areas such as business startup, business planning, strategic planning, business financing, marketing, social media, government contracting, business taxes, human resources management, bid proposals, exporting, importing, credit repair, developing great customer relations, growing your business online and managing risk.
Rory T. Thomas, Executive Director Tennessee Small Business Development Center Southwest Tennessee Community College 8800 East Shelby Drive Maxine A. Smith Center Suite 112 Memphis, TN 38125 Ph: (901) 333-5085 Fax: (901) 333-5698 www.tsbdc.org Digital advertising is available in the Spring and Summer Editions. Affordable rates and graphic design services are available. For more details about pricing, send email to writingbydesignpr@gmail.com. www.memphissmallbusinessquarterly.com
Price visually explained the concept of supply and demand to students using local grocery stores and fast-food chains. This discussion was preparation for a video about former first lady Michelle Obama comments about including women in the decision-making process. In 2017, she gave a speech for Lisa Jackson, Apple’s ® vice-president of environmental, policy and social initiatives, about including more diversity into their operations. Her comments stimulated the classroom discussion about applying pressure on the company because women and other minorities have spending power. As novice business learners, Price asked students who had an iPhone ® to raise them to demonstrate the impact of the market share that the company has. Although this was a frigid Saturday morning class, students were engaged and participated in conversations among each other about the topics. The environment reflected a business-like setting with digital technology, laptops and a white board for illustrations. Doreathea Owens a parent who lives in Jackson, TN said, “I decided to look for a S.T.E.M. (Science, Technology, Engineering and Math) program for my daughter Kayla (9 years old) because she was starting to show greater interest in Math and in completing experiments.” “When I looked for S.T.E.M. programs in Jackson there weren’t any so I looked in Memphis. In my search, I came across the Memphis Entrepreneurship Academy. I was drawn to the fact that they not only worked on S.T.E.M. projects, but they also worked with the students on entrepreneurial skills,” adds Owens. To learn more about MEA contact Kelly Price at 901-451-2900 or visit the website @ http://www.mymeakid.org.
Harold E. Smith Auto • Home • Life • Business Insurance and Financial Services Agent 6655 Quince Road, Suite 115 Memphis, TN 38119 O: 901.308.2662 • F: 901.308.2592 hsmith@farmersagent.com
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Memphis Small Business Quarterly is a newsletter for individuals, entrepreneurs and small business owners.
The newsletter focuses on articles that relate to financial management, legal matters, business growth and small businesses. The first edition features enterprising and emerging entrepreneurs. To view our online platform, go to www.memphissmallbusinessquarterly.com.
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Message from the Publisher Greetings! I am excited to present Memphis Small Business Quarterly. This newsletter is designed to provide information and resources to small business owners, aspiring entrepreneurs, and college students pursuing business management majors. The goal is to help entrepreneurs and small business owners increase awareness through affordable advertising channels. Since this is a new publication, we are developing our readership in the Memphis community. Your ad will be placed in the digital edition and placed on our website at memphissmallbusinessquarterly.com. Statistics are gathered weekly to determine the number of impressions and reads online. I hope you will consider partnering with us to advertise, market, and increase your brand recognition. If you have any questions, please contact me via email at writingbydesignpr@gmail.com. Respectfully,
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