By: Rayanna Anderson There is money in the bank, so why should you be concerned about those time-consuming financial practices that everyone tells you are important? With over 50 percent of businesses failing in the first five years of business, according to the U.S. Small Business Administration, good financial practices are one of the best ways to ward off any bad … [Read more...] about Bears Business Brief: Four reasons to pay attention to your business’s financial practices
There is no doubt that technology has changed our world significantly. The messages we once prepared for print media are now created to be included in everything from our web presence to a multitude of social media platforms. Instead of monitoring our marketing campaign’s success by sales only, we pour over analytics data from detailed reports that we could have only imagined a … [Read more...] about Bears Business Brief: Do the principles of marketing still apply?
Research Ron Coulter, head of the Marketing Department, along with marketing faculty members Steve Parker, faculty emeritus, Christina Simmers, professor, and Chris Ellis, faculty emeritus, published “Segmenting Local Financial Service Markets: Balancing an Independent Image with the Need for More Business” in the Academy of Marketing Studies Journal. Alex Hamwi, associate … [Read more...] about Faculty and Staff Spotlight
The College of Business at Missouri State University (MSU) announced today that Rayanna Anderson has been named Entrepreneurship Coordinator and Community Liaison. As of August 1, Anderson will begin this part-time position where she will be primarily responsible for special projects closely related to entrepreneurship and will serve as community liaison. Anderson will work … [Read more...] about Rayanna Anderson to join Missouri State University College of Business
By: Rayanna Anderson Often, you hear stories about how difficult it is to get a small business loan from a bank. Strategically, here are several approaches to get a bank to part with their money. Consider purchasing an existing business. Bankers are much more likely to finance a business that has a financial history they can review. Lenders will want to see at least … [Read more...] about Bears Business Brief: How to get money from a bank to finance your small business