Daily Independent (Ashland, KY)

Opinion

February 8, 2013

A chance to learn

Small businesses can benefit greatly by attending seminar

ASHLAND — For those who own a small business or are thinking of owning one, attending a March 21 seminar at the FIVCO Area Development District office in EastPark may prove to be among the most valuable three hours they will ever spend.

Sponsored by the Kentucky Cabinet for Economic Development, the area “Kentucky: Here We Grow” seminar is one of 15 the Cabinet is planning at the state’s development districts’ offices during the next six months. Registration is free and at the door. In short, all one has to do to take advantage of the seminar is show up at the FIVCO offices at 1 p.m. March 21. The FIVCO offices are in EastPark off the Northeast Kentucky Industrial Parkway.

 The seminars are designed to educate small-business owners and entrepreneurs on the resources available to them. In turn, the Cabinet hopes those attending the seminars will use what they learn to either expand their business or to launch a new business.

“These seminars provide a great opportunity for business owners to get their arms around the wealth of programs that can help grow their businesses, whether start-ups or existing operations,” said Larry Hayes, secretary of the Cabinet. “The Cabinet and its partners are able to assist small businesses with everything from exporting, to accessing loans, tax credits and government procurement to almost everything in between.”

The Cabinet’s interest in small business is simple: While luring a large company to a community with the promise of hiring hundreds of workers is sure to attract the most headlines, most new jobs are created by small employers either being launched or adding employees.

And there is no shortage of small businesses in this area. According to the 2010 Census, there are approximately 1,399 small businesses in Boyd County, including 1,331 with fewer than 50 employees. Carter County had 404 small businesses, with 392 with 50 or fewer employees while Greenup County had 498 small businesses with 482 fewer than 50 employees.

“About nine out of 10 businesses in Kentucky are small businesses, so this is something that can provide tremendous support to a large portion of our economy,” said Mark Johnson, assistant director of the Cabinet’s Small Business Services Division.

Topics at the seminar include loans available to small business, how to expand into foreign markets and programs available for innovative, technology-based businesses.

Businesses in Ashland may consider FIVCO’s offices in EastPark to be in the “middle of nowhere,” but the industrial park is a centrally located location easily accessible by U.S. 23, Interstate 64, U.S. 60 and other major highways in the FIVC0 area of Boyd, Greenup, Carter, Elliott and Lawrence counties. We encourage area business owners and entrepreneurs to circle March 21 on their calendars and attend the seminar to listen and learn about what’s available and what they can do to expand.

1
Text Only
Opinion
  • Along the river

    Here’s hoping the weather will be as close to perfect as possible on the evening of May 30, as members of the Paul G. Blazer High School class of 2014 gather on the banks of Ohio River for the school’s first graduation on the river that has helped fuel this community’s economy since the time when it was known as known as Poage’s Landing.

    April 22, 2014

  • Good opportunity

    Morehead State University is using a highly successful program for outstanding high school juniors and seniors at Western Kentucky University to launch a similar program beginning this fall on the MSU campus.

    April 20, 2014

  • What's next?

    While virtually all cities in northeastern Kentucky provide their residents with some utility services — water and sewer, mainly, and sometimes natural gas — to the best of our knowledge, Olive Hill is the only town in the FIVCO region with its own electrical company.
     

    April 13, 2014

  • 'Waited too long'

    Lt. Garlin Murl Conner left the U.S. Army as the second-most decorated soldier during World War II, earning four Silver Stars, four Bronze Stars, seven Purple Hearts and the Distinguished Service Cross for his actions during 28 straight months in combat.

    April 12, 2014

  • Enact HB 3

    The National Rx Drug Abuse Summit is under way hundreds of miles from eastern Kentucky in Orlando, Fla., but the three-day conference which runs through Thursday, was organized by Operation UNITE, the eastern Kentucky anti-drug group that knows all too well the devastating impact the prescription drug epidemic continues to have on this region.

    April 11, 2014

  • State officials cease efforts to stop advance of ash borer

    Kentucky’s war against the tiny emerald ash borer responsible for already killing more than 25 million ash trees in the eastern United States has ended in surrender — by state officials, not the tiny insect.

    April 8, 2014

  • Demise of apparel industry in Kentucky continues

    The steady demise of the once thriving clothing industry in small Kentucky towns continues with the latest factory to announce it is shutting down being one of the largest: Fruit of the Loom has announced it is closing its last remaining plant in Jamestown, a move that eventually will see the elimination of more than 600 jobs in the small town near Lake Cumberland.

    April 7, 2014

  • None on ballot

    The 2014 Kentucky General Assembly considered an unusually high number of proposed amendments to the Kentucky Constitution on such issues as casino gambling, the restoration of voting rights for convicted felons and the elimination of state and local elected offices.

    April 4, 2014

  • In Your View

    Letters to the editor

    April 3, 2014

  • Time runs out

    Two bills proposed by House Majority Leader Rocky Adkins and designed to boost the economy of this region have apparently died in the Kentucky Senate after being approved by the House of Representatives. Despite easily being approved by the Democratic-controlled House, neither bill was even brought up for a vote by the Republican-controlled Senate.

    April 2, 2014