Consulting Services for the Independent Retailer

 

Get Your Piece of the Government Pie

By Nick Milevsky, IT Director

These are tough economic times we live in; this has been said so often that it has become a cliché. We see stimulus packages and jobs bills flying over our heads with billions of dollars in tote, but not even change seems to fall in our hands. So what’s going on? Where’s all the money for small businesses, the so- called driving force behind our economy? Believe it or not, there is money out there (as long as you know where to look).

Programs to aid the small retailer have been in place long before the economy took its most recent nose dive. In 1998, congress passed the Workforce Investment Act (WIA) whose purpose was to invest money in businesses through statewide and local workforce improvement processes. State governments would provide money to businesses looking to improve themselves by maintaining and growing their workforce. It specifically states its goal to “improve the quality of the workforce, reduce welfare dependency, and enhance the productivity and competitiveness of the Nation.” This sounds pretty good, but how does it translate down to you?

This means that the state ultimately decides how it uses this money. The retailer must petition the state in which it resides for the desired funding. However, funds are not equally available in every state. Some states have no funding for these projects. In most states, you will find these funds designated as “Incumbent Worker Training Grants.” Some may have a similar program but with a different name like the “Skills Enhancement Fund” in Indiana. I know of about 38 states that have a program like this. Others may have different programs that could help out in similar ways.

The purpose of this program is to provide you, as a small business owner, with funds for training your employees. They want your workforce to be more skilled, more efficient, and more viable to your business. This improved workforce operates more efficiently and produces more revenue and profit, thus leading to overall growth and improvement in tax revenue for the state. The state has taken an interest in investing in your business because they believe this investment will pay off. The parameters and stipulations vary from state to state, so you will have to check with them before you know if you qualify.

JRM Sales & Management has given training in both sales and sales management using this exact program, and the government is the one who paid for it. So, it is possible! Contact your local state government and see how they can lend your business a hand. You can also look up the “Incumbent Worker Training Grant” and your state on the internet for more information. Also, feel free to give us a call here at 678-574-0937; we would love to help you out and point you in the right direction. Sometimes, the best things in life are free!

Copyright © 2009 JRM Sales & Management, Inc., All rights reserved.

1301 Shiloh Rd NW, Suite 1630

Kennesaw, Georgia   30144

Phone: (678) 574-0937 - Email: info@jrmsales-mgmt.com

Home | testimonials | JRM Team | Business Analysis | Product & Services | Case Studies | Events | Articles