Center helps small town businesses survive - WMC Action News 5 - Memphis, Tennessee

Center helps small town businesses survive

By Justin Hanson - bio | email | Follow us on Twitter

DYERSBURG, TN (WMC-TV) - You've probably heard about the cut backs and layoffs at big corporations.  But how are local mom and pop businesses surviving this economic disaster? 

For small town business owners, staying afloat during tough economic times isn't easy.

"People knowing we're here...that's been the huge thing...you pass out information but not everybody sees it," says business owner Michelle Coffman.

Coffman and her daughter have owned a clothing store for two years now.  They say business is slow but steady. 

"People are going to resell instead of new because of the cost of new," Coffman said.

The Tennessee Small Business Development Center at Dyersburg State Community College in Dyersburg helps business owners like Coffman. From operation to management,  the program is designed to give small business owners the tools to get open and stay open.

"One is access to capital but most importantly its about establishing and developing a good quality business plan," center director Jamie Frakes said.

Clients say its all about expanding and executing that business plan.

"Paperwork...trailing paperwork...dotting the i's and crossing the t's," center client Brent Tharpe said.

"You have to be effective in everything you do in the use of all money and assets that you have to stay afloat," added client Joe Robinson.

And staying in business means money in the bank for small town businesses trying to pull through hard times.  

If you're a small business owner and you too are struggling to stay in business, the Small Business Development center has offices in Memphis, Jackson and right here on the campus of Dyersburg State in Dyersburg.  For more information, call them at 731-286-3201 or click here.

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