November 2007
Success Stories
Michael and Tina Norlander
Michael and Tina contacted the SBDC to help them launch their marinade and beef jerky business. Michael's father created the recipe for teriyaki jerky, while Michael and Tina used his recipe to branch out into marinades and different flavors of jerky. On August 8, 2007, their beef jerky went into space aboard the Space Shuttle Endeavour. Their jerky is out of this world and so are their ideas for new and tasty gourmet products. Their marinade can be found at Pak a Sak, United, Gander Mountain and other specialty food stores.
Business
- Norlander's Original Foods, Inc.
Owners
- Michael and Tina Norlander
Location
- 4132 Business Park Dr.
Phone
- 806-359-9992
Employs
- 2 Full Time Employees
Contact Us
SBDC
701 S Taylor Suite L118
Amarillo, TX 79101
806-372-5151
Affiliations
Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.
WTAMU Small Business Development Center is a member of the
Northwest Texas SBDC Region Network.
Accredited by the Association of Small Business Development Centers
Medical Seminar Offered
The
SBDC is featuring
a new
seminar,
Introduction to the
Business of
Medicine. It is targeted toward physicians who would like an overview of the
business concepts involved in operating a practice. Physicians with newly
minted degrees and licenses are often expected to make complex business
decisions with little or no formal training. They must evaluate whether to
start a practice, purchase an existing practice, evaluate a partnership
offer or accept an employment position.
They
must choose a legal formation for their business that will have liability,
taxation, ownership and duration consequences. They are faced with hiring
employees, purchasing a practice location, evaluating contracts, negotiating
loans, managing cash flow, establishing polices and practice medicine full
time. Without an understanding of what is required and how they should
manage their business, doctors often abdicate the responsibility of their
practice’s day-to-day business operations to third parties.
The seminar, which is offered free of charge, helps doctors learn how to manage their business and delegate, instead of abdicate, their business’ operation. The uses of financial statements to manage and value a practice are discussed, as well as constructing a business plan. Outlines for the business plan include systematic questions to help the physician address what the character of the practice will be, how it will be marketed, describe the operations plan, and identify trends that will affect the practice.
A survey to identify what physicians would most like to see offered in future seminars will be advertised in the next issue of the Potter-Randall County Medical Society newsletter. Interested physicians can contact our office at 372-5151 to receive the survey.
In Our Office
Jeff Reid, a Business Consultant with the SBDC has accepted the position of Associate Director of the WTAMU Enterprise Network. We wish Jeff the best of luck and plan to continue working with him through various programs at the Incubator.
Free Workshop
Introduction to Business Ownership
November 6 8:30 - 10:30 AM
November 13 8:30 - 10:30 AM
November 27 6:00 - 8:00 PM
Call 372-5151 to Reserve your seat
Bid Solicitation
Western Builders of Amarillo is currently accepting subcontractor bids for a clock tower project on the WTAMU campus in Canyon, TX. Bids are due by 12 pm CST on November 8, 2007. Contact Travis McPherson, Project Manager, at 670-2793 for more information.
Quote of the Month
"Success always occurs in private, and failure in full view."
Unknown
9 - 0
"A Tuff Steak is a Buff Steak, No fat, Just Grissle!!!"
Coach Don Carthel