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Kingsport Office of Small Business Development...

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KOSBE Launches Expanded 2016 GrowthWheel® Program

East Tennessee small businesses can now use the GrowthWheel® business tool to increase revenue and market share.

Kingsport, TN, March 11, 2016 --( In a collaboration, the Small Business Development Center ETSU Kingsport Affiliate Office and Kingsport Office of Small Business Development & Entrepreneurship (KOSBE) have introduced a new expanded GrowthWheel® program for 2016, to help small businesses grow and create new jobs.

GrowthWheel® is a new business tool for decision making. It offers small business owners and entrepreneurs a way to view their business holistically, get focused, set an agenda, and take definitive steps to grow.

Before small business owners can participate in a GrowthWheel WorkGroup®, they must attend the GrowthWheel® Introduction, which is a two-hour primer, in which attendees will complete an individual GrowthWheel®360° Screening for their business. The screening will help business owners identify areas where they are doing well, as well as decide what focus areas they need to address. Participants must also complete a one-hour one-on-one coaching session prior to joining a GrowthWheel WorkGroup®.

GrowthWheel® WorkGroups will be offered to participant’s year round, enabling them to complete the entire program in one year if they wish - or they can take as much time as they need. GrowthWheel®WorkGroups will be offered twice a week on Tuesdays at 5:30 PM -7:30 PM, and Thursdays at 9:00 AM-11:00 AM. Each week will focus on a single GrowthWheel® focus area. By offering the same material twice a week, participants may choose the topic(s) and time slot(s) that works best for their schedule. The program is designed to allow business owners to join a WorkGroup when it’s most convenient for them; they do not have to partake in topics they are not interested in or are not a priority.

KOSBE Executive Director, Aundrea Wilcox, says “What I love about GrowthWheel® is that it is nota business plan-writing workshop. It’s not a workshop for that matter. It’s unlike any other training initiative that we have offered before. GrowthWheel® truly puts the business owner in the driver’s seat. This is not your usual talking head small business course. When they are part of a GrowthWheel®WorkGroup, they are working on their business, not just talking about it. This is business owners choosing to set aside two hours of their business day once a week (or less frequently) and actually working on something specific, whether that be a marketing calendar and budget, company financials, sales call planning, a new employee job description, or a business flowchart. The Kingsport City Mayor has challenged us (agencies and service providers) with his OneKingsport Summit to better support entrepreneurs and existing businesses. I highly recommend GrowthWheel® for existing businesses that want to grow, but feel stuck. If you’ve been in business for at least a year or two, but you haven’t reached one million dollars in sales—this could be the program that finally gets you there. If you are a well-established existing business and you want growth, we can help you get the things done that need to get done.”

The cost of the program is $250 per participant, which includes a basic toolbox containing 100 worksheets - five for each of the 20 GrowthWheel® focus areas. Participants can choose to make a one-time payment, or choose a payment schedule with a deposit of $100 plus three payments of $50. Chamber members receive 10% off the cost.

The Tennessee Small Business Development Centers Network, hosted by Middle Tennessee State University in Murfreesboro, TN, is an accredited member of the National Association of Small Business Development Centers and funded in part through a cooperative agreement with the U.S. Small Business Administration, participating universities and community colleges, and regional support partners. All SBA programs are extended to the public on a nondiscriminatory basis. All opinions, conclusions, or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA and other program sponsors. All information is deemed reliable, but not guaranteed. All information, events, and/or prices are subject to change or withdrawal. The Tennessee Small Business Development Centers Network shall not be held responsible for any typographical errors, misinformation, or misprints. Please confirm the information with the listing party.

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact Katie Prendergast at 400 Clinchfield Street, Suite 100, Kingsport, TN 37660 or at 423-392-8825.
Contact Information
Kingsport Office of Small Business Development & Entrepreneurship KOSBE
Katie Prendergast, Administrative and Marketing Coordinator
(423) 392.8811

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