SBANC
Small Business Advancement National Center University of Central Arkansas — Conway Arkansas
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115H, College of Business - University of Central Arkansas - 201 Donaghey Ave. Conway, AR Issue: 810 - March 25th, 2014
Of The Week
“Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.” - D a l e C a r n e g i e
Upcoming Conferences ICSB
Who: International Council for Small Business
When: June 11-14, 2014 Where: Dublin, Ireland
th
What: 59 Annual Conference
MIAC
MMA
Who: MIAC
When: October 9-11, 2014
What: Fifth Mustang International Academic Conference
Where: Nashville, TN
Who: Marketing Management Association.
When: September 17-19, 2014 Where: San Antonio, TX
What: Educator’s Conference
Who: ISTEC ISTEC
What: Technology Conference When: December 18-20, 2014
Where: Doha, Qatar
Announcements SBANC
The Small Business Advancement National Center aims at increasing your knowledge of small business and entrepreneurship. All questions and comments would be greatly appreciated.
CCSBE
The Canadian Council for Small Business and Entrepreneurship will be holding their Conference at St. Francis Xavier University in Antigonish, Nova Scotia from May 22-24, 2014.
SOBIE
ICSB
IETC
The Society of Business, Industry, and Economics will be holding their 16th Academic Conference at Sandestin Golf and Beach Resort in Destin, Florida from April 8-11, 2014. Case Study Competition & Workshop: The competition is open to any person who is a member of ECSB / ICSB or is attending the ICSB 2014 World Conference. The prize for the competition is €250. Deadline is April 30th, 2014.
The International Educational Technology Conference will be held in Chicago, USA from September 3-5, 2014.
Call for Papers HSGBI
Who: Healthcare Systems and Global Business Issues What: 8
EUMMAS
ICMS
GBRJ
th
Int’l Conference
When: June 23-25, 2014 Where: Lincolnshire, England Deadline: May 15, 2014
Who: European Marketing & Management Association
When: June 6-8, 2014
What: 2014 Conference
Deadline: April 1, 2014
Where: Sarajevo, Bosnia
Who: International Conference When: June 18-20, 2014 on Marketing Studies Where: Taipei, Taiwan What: 2014 Int’l Conference Deadline: April 1, 2014 Who: Global Business Research Journal nd
What: 2 Int’l Conference
When: July 11-13, 2014 Where: Chennai, India Deadline: April 5, 2014
Tip
Basic Coverage for Small Business You will not necessarily need insurance if you are selling ties on the street or candy at school, but the moment you move
of the Week
your business into a building, or have concerns about people being injured while buying or using your product, you will need it.
“A lower deductible equals a higher premium while a higher deductible equals a lower premium.” to cover. This will give you the
If you have an automobile or
A deductible is the
lowest possible premium.
truck that is owned or leased
amount of loss or damage
Thus, a lower deductible
by the business, you must
you agree to cover before
equals a higher premium while
carry the following:
the insurance pays on a
a higher deductible equals a
claim. In the example of a
lower premium.
restaurant, the owner might feel confident that he or she could pay $5000 in damages from a fire. The insurance company
Commercial Fleet Insurance, which covers your
Although state laws vary,
liability for personal inju-
most require business owners
ries in an accident, dam-
who have people working for
ages to any vehicle in-
them to carry:
volved and injuries to others.
would then pay the re-
Workers’ Compensation
maining amount. With a
Insurance, which compen-
Other useful types of insur-
higher deductible, the pre-
sates employees for loss of
ance are:
mium would be lower, per-
income and medical ex-
haps $90 per month. The
penses due to job-related
policyholder pays a lower
injuries.
premium in exchange for
Disability Insurance, which
a higher deductible. When
compensates employees
Business Income
buying insurance, choose
for loss of income due to a
Errors and Omissions
“
the policy with the highest deductible you can afford
disabling injury or illness.
Property Liability Product Liability
Key Person Life
Feature Paper
SBANC Staff
CROWDFUNDING: A NEW OPPORTUNITY FOR SMALL BUSINESS AND ENTREPRENEURSHIP
Executive Director Dr. Don B. Bradley III
Development Intern
Abstract Over the past few years, the area of entrepreneurship has grown significantly and with this growth, there has developed a new realm of funding: crowd funding. Crowd funding allows individuals to source their fundi ng from a various amount of individuals from platforms that can be found from the internet. This type of funding can be traced back to the early 1700’s and is continuing to evolve ever since its inception as
James Vire
Development Intern Joshua Tucker
micro financing. As crowd funding continues to evolve, it only becomes larger and more successful with projects raising millions of dollars and products being shipped worldwide. This type of financing is no t only reservedfor business projects, some platforms allow people to fund charities and allow these crowd funders to give back to society. This paper explores the process of crowd funding and some of its pitfalls. Page (23)
Read Entire Paper Here
Comments? The Small Business Advancement National has recently made immense changes to the layout of its website, SBAER.UCA.EDU, as well as its Newsletter. We welcome constructive criticism, comments, and of course, all questions throughout this transition.
Contact Us Email:
Source:
SBANC@UCA.EDU
Entrepreneurship & Small Business Management
Phone: 1 (501) 450-5300
Steve Mariotti & Caroline Glackin
Mail:
Prentice Hall
UCA Box 5018
Page 452-453
201 Donaghey Avenue Conway, AR 72035-0001
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