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Meg Schneider July 16, 2019 DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW

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Page 1: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Meg SchneiderJuly 16, 2019

DEVELOPING THE TOOLS TO HELP

SMALL BUSINESS GROW

Page 2: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

WHO IS THE PARTNERSHIP

Page 3: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

THE PARTNERSHIP REPRESENTS

Supporting our

Regional Business

Development Mission

Dallas, Jasper, Madison,

Marion, Marshall, Polk,

Poweshiek and Warren

Become a member

by joining your

local Chamber

Supporting

our Economic

Development Mission

REGIONAL

MEMBERS

COUNTIES

IN ECONOMIC

DEVELOPMENT

AREA

REGIONAL

AFFILIATE

CHAMBERS

INVESTORS

824 6,400+ 340+

Page 4: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

OUR REGION

Page 5: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

AFFILIATE CHAMBERS

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FOCUS ON SMALL BUSINESS

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1/2of Americans own their own or

work for a small business.

2/3of jobs created each year are created

by small business.

WHY SMALL BUSINESS?

Page 8: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

SOURCE: U.S. Small Business Administration 2019 Small Business Profile

Page 9: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

SOURCE: U.S. Small Business Administration 2019 Small Business Profile

Page 10: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

WHY SMALL BUSINESS?

SOURCE: Greater Des Moines Partnership 2018 Small Business Jobs Report, U.S. Census

Page 11: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

WHO IS A SMALL BUSINESS?

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Page 13: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Innovation Led

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ENTREPRENEURIAL ECOSYSTEM

• Entrepreneurial initiatives

• Existing industry

• Marketing

• Recent projects

• Data dashboard

Page 15: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

IN THE BEGINNING

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ENTREPRENEURIAL ECOSYSTEM, PART 2

Page 17: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Micro Enterprise

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Page 19: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business
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Main Street

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PROGRAMS AND EVENTS

BUSINESS-TO-BUSINESS

FORUMS

LOOK LOCAL

FIRST

LIVE-STREAMING

LUNCH &

LEARNS

NETWORKING

PROFESSIONAL

DEVELOPMENT

CHAMBER

NIGHT EVENTSINCREASED

VISIBILITY

ONLINE RESOURCES

GET ACTIVE

WORKPLACE WELLNESS

Page 22: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

ONGOING EDUCATION AND NETWORKING

• Top 5 Series – monthly lunch & learn

• First Fridays – monthly storytelling by female business owners

• Monthly Region-wide Events– Entrepreneur Magazine

– Women’s Mentoring Day

– Riverwalk Rendez-Vous (After Hours Social)

• Chamber Nights (baseball, hockey, theater)

Page 23: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

2019 KEY FOCUS AREAS

• Women, Minority and Veteran Owned Businesses

• Succession Planning

• Disaster Recovery

• The Changing Face of Retail

Page 24: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business
Page 25: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Second Stage

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BUSINESS RESOURCES TEAM

• Mike Jefferson, former small business owner

• Christina Moffatt, active small business owner, former Director for SBDC

• Molli Davis, parents owned small business

• ^ So did mine!

Page 27: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Listen

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WAYS WE LISTEN

• Micro survey (hard copy!)

• Analytics

• RSVPs (in-person and live-stream)

• Client questions

• Leverage intel from your Board

• Watch the market

• Keep up on trends

• Research

• Trust your gut

Page 29: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

AnswerThePeople.com

search for small business

Page 30: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

AnswerThePeople.com

search for small business

Page 31: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

AnswerThePeople.com

search for small business

Page 32: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

AnswerThePeople.com

search for small business

Page 33: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

HOW DO YOU START?

56% Did not believe there were adequate resources to

assist small businesses

Page 34: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

ENOUGH SUPPORT OUT THERE?

Page 35: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

HOW DO YOU START?

30% Did not contact any organization for assistance and

support when starting their small business.

Page 36: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

CHALLENGES WHEN STARTING?

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Yes

No

STILL A CHALLENGE?

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TOP CHALLENGES TODAY?

Page 39: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

HOW SHOULD WE TALK TO YOU?

Page 40: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

HOW SHOULD WE TALK TO YOU?

Page 41: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

NOW WHAT ELSE?

• Watch your language

– Use words they search for, what they care about

– SEO

• Postcard campaign to new businesses

• Rearrange the deck chairs

Page 42: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business
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Page 44: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business
Page 45: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

NOW WHAT ELSE?

• Facebook is still king

• Watch your tone

– Make it personal, warm touch

• Snail Mail is back!

• YOU are just as important as Google

Page 46: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

PLACES OF INTEREST

Page 47: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Questions?

Page 48: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

THANK YOU!

Meg Schneider

[email protected]

Page 49: DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW · DEVELOPING THE TOOLS TO HELP SMALL BUSINESS GROW. WHO IS THE PARTNERSHIP. THE PARTNERSHIP REPRESENTS Supporting our Regional Business

Link to sketchbook video

<iframe width="697" height="392"

src="https://www.youtube.com/embed/HKAFfejdJ7E"

frameborder="0" allow="accelerometer; autoplay; encrypted-

media; gyroscope; picture-in-picture"

allowfullscreen></iframe>

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WAYS WE LISTEN