Keep calm

This too shall pass.

SBA Resource Day

Are you a small business owner wanting to learn more about resources available from the Federal Government? This workshop will cover the SBA’s counseling services (SBDC and SCORE), financial programs, federal contracting and disaster loan programs.

Wednesday, March 4 from 9:00 am to noon in the Hoechst-Celanese Room at the Headquarters Library at 151 S Church St in downtown Spartanburg.

Please call 803-253-2018 to register.

Online Business Magazines

Did you know the library offers free online access to over 100 popular magazines, including business titles such as The Economist, Forbes, Entrepreneur, Fast Company, and Kiplinger’s Personal Finance?

To access:

Go to: http://www.spartanburglibraries.org

Click on Downloadables

Click on RBDigital and then create a free account using your library card.

Call us at 596-3505 with questions.

Living Wages

A living wage is pay that allows an individual or family to meet minimum standards of living. Of course, this varies tremendously depending on where you live.  MIT has developed an online calculator that estimates the cost of living in your community or region based on typical expenses.

The link below takes you to this calculator and provides much more information on how this was determined, typical expenses for that area, etc.

https://livingwage.mit.edu/

Financial Advice from Gurus

A recent article in USAToday by columnist Ken Fisher profiled seven departed legends whose views, in his opinion, should always remain at the top of your mind when you want advice about investing.  According to Fisher, if you have time for just one investing book, make it Benjamin Graham’s classic The Intelligent Investor.  This title is available at your Spartanburg County Public Libraries. Rounding out the list on his favorites:

  • Thomas Rowe Price
  • Phil Fisher
  • Jack Bogle
  • Gerald Loeb
  • Charles Ponzi–what not to do
  • John Neff

Business Plans

The September 13 issue of The Upstate Business Journal is the Finance Issue. It has numerous articles on starting a small business, and they all point out how important the business plan is.  This is what lenders will review when considering whether to finance a new business.

Your Spartanburg Public Libraries have books on creating business plans. Additionally, we have access to Small Business Reference Center, a database available to library users. To access this go to:

  • Spartanburglibraries.org
  • Learning Tools
  • All SC DISCUS Resources
  • Small Business Reference Center

The Small Business Administration–www.sba.org– has helpful resources too.  And consider contacting your local South Carolina Small Business Development Center–www.scsbdc.com. They have 21 locations around the state and provide counseling for small businesses.  The closest local center is:

Spartanburg Area SBDC
Spartanburg Community College
Tyger River Campus
1875 East Main Street, Suite#4
Duncan, SC 29334
864.592.6318
ES2@clemson.edu