Longwood SBDC Welcomes New Central Region Director Dana Knott

Posted on August 22, 2023November 13, 2023 by Colin

The Longwood Small Business Development Center (LSBDC), known for its three-decade-long commitment to nurturing entrepreneurship in Southern Virginia, is delighted to announce the appointment of Dana Knott as Central Region Director. Starting August 25, Knott will spearhead initiatives aimed at enhancing the economic growth of the small business sector located in LSBDC’s Central Region, which includes the counties of Amelia, Brunswick, Buckingham, Charlotte, Cumberland, Lunenburg, Mecklenburg, Nottoway and Prince Edward.…

Vandy Jones Named Longwood SBDC Eastern Region Director

Posted on March 31, 2022March 31, 2022 by Colin

The Longwood Small Business Development Center (SBDC) is pleased to announce Vandy Jones has been named director of its Eastern Region. He will be based in Petersburg at the Crater SBDC of Longwood University office which operates under a cooperative agreement with the Crater Planning District Commission.…

$674,304 GO Virginia grant announced for Innovation Hub in Farmville

Posted on February 16, 2022 by Colin

In December 2021 Gov. Ralph Northam announced a $3.6 million Growth and Opportunity Virginia (GO Virginia) grant that includes $674,304 for an innovation hub at Midtown Square in Farmville. Innovation hubs, like the SOVA Innovation Hub in South Boston established in 2020, provide space for community members of all ages to work, learn, innovate, create and connect to entrepreneurship resources.…

CO.STARTERS Launches in Southern Virginia: Seeking Minds at Work

Posted on June 25, 2021June 25, 2021 by Colin

Jacob Dolence, a faculty member at the Longwood University Cormier Honors College and certified CO.STARTERS facilitator, is excited–and with good reason. As the first regional, virtual cohort of CO.STARTERS Core prepares to launch in the Southern Virginia area on August 18th, Dolence sees a future ripe with opportunities.…

Longwood SBDC marks 30th year assisting small businesses in Central Virginia

Posted on October 1, 2019November 12, 2019 by Colin

Small business has a friend in Central Virginia. It’s a friendship that’s expanded and grown since 1989 when the Longwood Small Business Development Center (SBDC) opened its doors in Farmville. In the 30 years since, Longwood SBDC has served more than 6,000 new and existing businesses from Petersburg to Martinsville.…

4 Ways For Busy Business Owners To Keep Up With Bookkeeping

Posted on May 25, 2017July 12, 2017 by Colin

bookkeeping One thing an accountant hates to see coming is a client with a box. When an accountant sees a box, the bill goes up. Accountants are paid by the hour, and going through a year’s worth of receipts takes time. This is why small business owners need to make time for record keeping.…

4 Do’s and Don’ts from a Serial Entrepreneur

Posted on July 27, 2016August 3, 2016 by Colin

Michael Duncan, new regional consultant for the Longwood Small Business Development Center, has an addiction problem. But far from drugs or alcohol, Duncan is hooked on starting businesses. Before he worked as a full time consultant for the Longwood Small Business Development Center, Michael Duncan started seven businesses.…

The 4 Components to Analyzing Business Opportunities

Posted on January 28, 2014September 8, 2015 by Jennifer Baldwin

The Small Business Development Center has a new resource called the ESRI Business Analyst Online, which helps identify and analyze business opportunities.

The four components to analyzing business opportunities are:

Market Planning
Territory Design
Customer Segmentation
Marketing

Each component is designed to help you throughout the entire process of starting, enhancing, or expanding a business.…

Longwood Small Business Development Center to offer FREE Confidential Small Business Health Checkups

Posted on January 3, 2014August 17, 2015 by Jennifer Baldwin

Do you really know how well your business is doing? Do you wonder how your business compares with other similar businesses in your industry? Start the new year productively with a “health checkup” for your small business.

The Longwood Small Business Development Center, as a service to support existing small businesses, is offering free, confidential, and personalized financial analysis consulting.…

From the blog…