Internet Resources Key to Success for West Little Rock Gym Owner

CrossfitWhen Jeff Jucha, the self-taught founder, owner and coach of West Little Rock CrossFit, decided to take his fitness expertise from his home garage where he trained a small group of clients at no cost to a for-profit business that now boasts 125 monthly paying clients in a 6,000 sq. ft. building, he knew it would take a lot of research, a strong personal drive to succeed and an ability to overcome his fears to make it successful. And one year after opening West Little Rock CrossFit, Jucha is comfortable in his success.

West Little Rock CrossFit is a fitness training facility designed to incorporate the functional movements of competitive athletes into the daily fitness routine for the general population, all in a fun environment. The facility doesn’t rely on traditional gym equipment such as stair climber and treadmill machines. Instead, clients use dumbbells, kettlebells, jump ropes and rings. Continue reading

How Businesses Can Make the Most from Social Media

SocialMediaEveryone knows how much of an effect social media can have on how your customers view your brand, company, employees, etc. We all know how important it is to have a Facebook and LinkedIn page, a Twitter account, a blog, etc. and keep it updated. But, what’s the best way to craft these social media messages? In the article “Secrets to a Perfectly Crafted Social Media Post” on inc.com, Jeff Haden gives some tips and tricks for getting the most out of the content you post on social media. Continue reading

Reminder: Last Chance to See the Works of Harper, Simmons and Satterfield at Arkansas Capital

The Arkansas Capital Corporation Group (ACCG) is dedicated to helping small businesses and entrepreneurs throughout Arkansas succeed. Arkansas artists are certainly entrepreneurs. In 2013, ACCG began showcasing the work of Arkansas artists in our offices and began hosting open houses open to the public to help support the artists, as well as provide our community of staff, clients and visitors with a chance to be inspired by the art and be able to network at our offices as part of downtown Little Rock’s 2nd Friday Art Night. We are continuing that successful public-artist venture with the June 12th Friday Art Night with works by Diane Harper, Dominique Simmons and Barbara Satterfield in a show titled “Southern Curiosities”. Robert Bean is the show curator.


THV Summer Cereal DriveArkansas Capital Corporation is a donation location for THV 11’s Summer Cereal Drive to benefit the Arkansas Foodbank!

Guests are encouraged to donate dry cereal (8oz or more, boxed or bagged), breakfast bars, pop tarts, oatmeal, cream of wheat at the offices of Arkansas Capital Corporation during 2nd Friday Art Night, June 12 from 5 to 8 pm.

THV11’s “This Morning” and the Arkansas Foodbank have been teaming up every summer since 2000 to help those in the Foodbank’s 33-county service area have food to eat for breakfast. Since it started in 2000, more than one million boxes of cereal and other breakfast items have been collected and distributed to food pantries and feeding sites.

The cereal drive is a friendly competition to see which business, organization and community can donate the most cereal during a four-week period. Help us help the Foodbank feed those in Arkansas that need help this summer!


 

Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices Friday, June 12 from 5-8 p.m. Light hors d’oeuvres and drinks will be served. The artists will all be at the event to discuss their work, and all work is for sale with proceeds directly benefiting the artist.

Our offices are located at 200 River Market, Avenue, Suite 400, Little Rock, AR 72201. Two nearby parking decks, as well as street parking are available. We are at Trolley Stop 10. Additional details about the trolley are available here. Continue reading

Business Disaster Preparation

Business Disaster PlanWe never know when a disaster is going to hit. Whether it is a blizzard burying Alaska, a hurricane drowning South Carolina, or a wildfire taking out buildings in California, disaster can strike without any warning. In today’s tech-savvy world, even a power outage or computer crash could leave your business in trouble.

Just as it’s important to have a disaster plan for your home and family, it is also important to have a disaster plan for your business to protect all you’ve worked hard to achieve. Help minimize the risk for your business by preparing for the worst. Such websites as the SBA and Ready Business supply ample information on how to best prepare for an unknown threat.

Here is the Wall Street Journal’s take on three ways you can best prepare to protect your business, should disaster strike: Continue reading

SBA Loan and Grant Options

BusinessLoanApplicationFinancial planning is an often dreaded step of starting a business, but it is necessary to start and grow your business.

With such a wide variety of financing options from federal, state, and local governments, searching for the applicable ones can prove to be, well, overwhelming. Some examples of funding programs include low-interest loans, venture capital, and scientific and economic development grants.

Before you get ahead of yourself applying for these grants and loans, make sure you have your finances in order. It is essential to know the details of your upcoming expenditures, including start-up costs and break-even point for your business. The U.S. Small Business Administration provides a great deal of assistance in sorting through the details of financing your business. They even highlight what sorts of details banks assess when distributing loans. Continue reading

Winners of the 2015 Donald W. Reynolds Tri-State Competition Named

Arkansas Capital, through its affiliate, the Arkansas Economic Acceleration Foundation, (AEAF) is pleased to announce that Kordate Solutions, representing the University of Arkansas at Fayetteville, has won the graduate division of the eighth annual Donald W. Reynolds Tri-State Collegiate Business Plan Competition.

Kordate Solutions, representing the University of Arkansas at Fayetteville, won the graduate division of the Donald W. Reynolds Tri-State Collegiate Business Plan Competition.

Kordate Solutions, representing the University of Arkansas at Fayetteville, won the graduate division of the Donald W. Reynolds Tri-State Collegiate Business Plan Competition. Photo from www.kordatesolutions.com.

Led by Kenny Bierman and Phillip Turner, with Dr. Carol Reeves as faculty advisor, Kordate Solutions focuses on developing a therapeutic Alzheimer’s drug using the peptoid JPT1 to treat Alzheimer’s disease from early on-set to severe dementia.

Joshua Baker, representing Agricultural Innovations from Arkansas State University in Jonesboro, beat out five other teams to win the graduate division of the Tri-State Elevator Pitch competition. He took the stage at the Tri-State awards dinner to tell the audience – in 90 seconds – how his team’s business model offers a more efficient approach to farm irrigation with WellsVision, a sensor-driven automated irrigation system. Continue reading

Retirement for the Small Business Owner: Is It Even Possible?

retirementHere’s the fatal flaw in the retirement plan of many small business owners: after pouring a lifetime of sweat, time and capital into building their businesses, their rough-sketch exit strategy is to sell out someday for a ton of money—and then settle back and enjoy a financially secure retirement.

Many business owners are so sure this will happen that they don’t bother to make any other retirement plans.

And that’s a big mistake.

Why? It’s an undependable fantasy that depends on a magical person who, at just the right moment, swoops in with cash in hand to buy your company–and pay a fair price. The reality: for thousands of small business owners each year, no one steps forward.

Perhaps your business is too specialized or is tied too closely to the owner’s unique personality and skills. Or perhaps possible buyers equate retirement sale with distress sale and make only low-ball offers. Continue reading