Monday, April 23, 2012
National Equestrian Center Lake Saint Louis receives March Business Spotlight Award from the St. Charles County Economic Development Roundtable.
The St. Charles County Economic Development Roundtable presented its Business Spotlight Award to a Lake Saint Louis-based business for “being a popular tourism destination annually attracting an estimated 100,000 visitors to regional and national equestrian and canine competitions and other special events,” the organization said in a press release. “The National Equestrian Center Lake Saint Louis is one of the best kept tourism secrets in St. Charles County,” said Eric Sterman, assistant city administrator for the City of Lake Saint Louis. The National Equestrian Center Lake Saint Louis (NEC), located at 6880 Lake Saint Louis Blvd., received the award for the month of March. NEC has been in business in Lake Saint Louis for 13 years. Its …
Wentzville Patch rounds up tips and resources for finding and securing financing for your small business.
Welcome back to our series on how to start a small business in the area. This week, we’re focusing on how to find and secure financing for your small business. Our experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners. Many people say that securing financing is one of the most difficult parts of getting a small business off the ground, and they’re right. But if you take the right steps to prepare, you can definitely minimize the amount of stress involved. One of the most common reasons that banks and other lending institutions turn down small business loan requests is that they consider the business too high-risk. Preparing in advance can help you to prove that you’re worth the risk. So how …
Monday, February 6, 2012
Lake Saint Louis Patch explores franchise ownership.
Have you ever thought of opening your own business? Lake Saint Louis is home to approximately 453 businesses, each of which has, on average, 11 employees, according to a report published by the Economic Development Center of St. Charles County. The City of Lake Saint Louis shares an Economic Development program with other St Charles County cities, which has various resources available to help current and potential business owners navigate the waters of building a business in Lake Saint Louis. It Starts With an Idea The first step in building your own business is to decide exactly what you want to do—to choose or create your own business idea. Although this seems pretty obvious, many people know that they want to be entrepreneurs, but …
Chris Coleman
9:34 am on Monday, February 6, 2012
Great information on franchising. As stated in the article, the key is to carefully identify the right franchise concept to begin with. With over 3,000 concepts that can be difficult. Another key is to seperate the function of the business owner from the function of the business. Just because you love donuts does not make you a great Dunkin Donuts franchisee. Chris Coleman FranNet of St. Louis, MO   more ›