On Wednesday, October 30th from 6:00-9:00 pm RCED presents: Meeting the 3Ms- Learning the Basics of Money, Marketing & Management and The Right Start Using a Business Plan at the Belleville City Office. Then Wednesday, November 6th from 6:00 – 8:00 pm will be Cash Flow Made Easy. Both dates are free to attend by county residents and will be held at the Belleville City Office.
Republic County Economic Development has partnered with Linda Sutton-Nutsch of LRS Consulting to host fall and spring sessions of three small business classes each year since 2016. Since 1994, Linda has been running her own consulting firm, LRS consulting, as a side business to provide solutions to small businesses. She first earned her Bachelors of Science in Business Administration with an emphasis in Finance and Computer Science from Nebraska Wesleyan University in Lincoln, Nebraska. Linda has been busy ever since and holds many titles: International Financial Analyst, Private Pilot, Television Controller, and a Teacher.
Linda previously served as the NCK Small Business Center director in Concordia until 2016 when the office was closed. Linda officially opened LRS consulting Inc. in January 2016. Her business offers a wide range of services for small businesses. A few of these services consist of: Business Training and Valuations, Income Tax Preparation, Strategic Marketing, and QuickBooks Setup & Training.
Currently Republic County is served by the Hays, KS SBDC office. RCED notes that the Kansas SBDC resources and conulting are still free to small business clients and more information can be found at ww.kansassbdc.net.
Successfully running a business is no walk in the park and not everyone is prepared for that kind of responsibility. “There is a lot involved in operating your business and its not for everyone. Even if someone is cut out for it, they need to go through the proper steps to make sure everything is in place before they open for business,” said Linda. “Problems new business owners may face if they are not fully prepared consist of having an incorrect legal structure, being unable to manage sales tax, not having enough working capital, and unaware of how to set up payroll.”
It’s extremely important for potential business owners to fully understand their cash flow and being able to incorporate their business needs. “If new business members have a difficult time managing their own personal finances, they are going to have an even harder time managing their business finances,” said Linda.
These courses are made possible by funding available to RCED through the E-Community partnership with Network Kansas since 2014. “These classes are extremely beneficial to the community because the average person starting a business doesn’t know the process they need to go through or where to even start, or the resources that are available to them. Let alone, they have no clue what a business plan consists of or what their cash flow projections are,” said Linda.
Linda’s experience in the region and it’s resources are valuable to area residents who may be future or current business owners. RCED partners with Cloud Corp to allow both county residents to attend each their courses for no charge to allow better coverage through the year. RSVP with Luke Mahin, Republic County Economic Development Director, (785) 374-3047 or firstname.lastname@example.org.