Small Business Development Center at USF
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SBDC Consultant Profile & Articles

Jim Parrish

jparrish

Assistant Director

Finance, SBA Loans, Business Planning, Franchising & Buying/Selling Businesses

Mr. Jim Parrish is a Certified Business Analyst with the Small Business Development Center at USF. He has more than 30 years of extensive experience as a bank manager, small business loan officer, financial counselor, and instructor. He has had direct responsibilities in the areas of accounting, auditing, operations, security, insurance, investments, retail lending, commercial lending, budgeting, forecasting, financial analysis, and personnel. Mr. Parrish received his B.A. degree from the University of Memphis, his M.B.A. from the University of Tampa, and a Doctorate in Business Administration-Finance (ABD) at Nova Southeastern University. He also graduated from the Mid-South School of Banking and the National Commercial Lending School. Jim provides counseling services to businesses on such topics as: starting a business, Small Business Administration Loan Programs, how to prepare a business plan, getting a business loan, how to find investors, raising venture capital, franchising, and buying and selling a business. Jim has authored numerous articles including "88 Ways To Get Money Without Going To The Bank", "How To Find Private Investors For Your Business", "Grants for Small Business: Myths versus Reality", and "Why Buying Your Building May Be An Economic Mistake" and the FTC Consumer Alert Free Government Grants: Don't Take Them For Grant-ed

Author Archives: jparrish

Tampa Bay SBA 7(a) Loans plummets by 73%

Posted on July 22, 2010 by jparrish

Who is still doing SBA 7(a) loans? In June, the number of business loans in the Tampa Bay area guaranteed by the Small Business Administration in its 7(a) loan program fell by 73% dropping to 12 loans from the 44

Posted in Financing, Hillsborough County | Tagged | Leave a comment

SBA Loans Fall in June

Posted on July 20, 2010 by jparrish

The Small Business Stimulus Package has not yet been renewed by Congress, so in June, the number of business loans guaranteed by the Small Business Administration in its 7(a) loan program fell by 49% dropping to 2,758 loans from the 5,388 loans in May. Full Story

Posted in Financing | Tagged , , | Leave a comment

Stimulus Package Leading to More Small Business Loans

Posted on July 6, 2010 by jparrish

90% Increase in SBA Loans since passage of the Recovery Act As part of the American Recovery and Reinvestment Act (ARRA), the SBA received $730 million to help small businesses obtain the capital necessary to survive the recession.  As of

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Unemployment Rate Decreases

Posted on July 2, 2010 by jparrish

June 2010 Employment Report Private Employment Up, Government Employment Down, & Unemployment Rate Down The U.S. Bureau of Labor Statistics released today its report on employment for June 2010 (BLS Employment Report June 2010). The good news was that temporary

Posted in Business Accounting and Budget | Tagged | Leave a comment

Get a Loan

Posted on June 30, 2010 by jparrish

SBDC Consultant Jim Parrish published in the June edition of the Maddux Report Getting a business loan may be critical to the success of your business. But no bank loan is automatic. Your banker?s goal is to generate bank profits

Posted in Financing, Maddux Report Articles | Tagged , , | Leave a comment

90 Percent Guarantee on SBA 7a Loans End

Posted on June 7, 2010 by jparrish

The authorization for the 90 percent guarantee on 7(a) loans ended on May 31, but the authorization for fee waivers is in place through September 2010. Unless Congress authorizes additional funds the SBA guarantees on 7(a) loans will be 85%

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May 2010: Job Growth Continues – Unemployment Rate Declines

Posted on June 7, 2010 by jparrish

The U.S. Bureau of Labor Statistics on June 4, 2010 released its report on employment for May 2010. Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010.

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Big Banks Loan Less to Small Businesses

Posted on May 26, 2010 by jparrish

According to a May 2010 Congressional Oversight Panel report, in spite of the big banks having increased their share of small business lending over the last decade by 4.1%, between 2008 and 2009 their small business loan portfolios fell by

Posted in Financing | Tagged , , | 1 Comment

Numbers Must Tell the Story of Success

Posted on May 20, 2010 by jparrish

Your ability to make the lender believe in you is critical to obtaining the loans necessary for your business to succeed. However, the financial statements of your business provide an objective source of information as to past and future financial

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SBA Economic Injury Disaster Loans Available for Tampa Bay Businesses Impacted by BP Oil Spill

Posted on May 19, 2010 by jparrish

On 5/13/2010, the SBA declared the Tampa Bay area businesses eligible for SBA Economic Injury Disaster Loans if the business has been negatively impacted by the deepwater BP oil spill. The following counties in the Tampa Bay area are eligible:

Posted in DeSoto County, Disaster Response and Recovery, Financing, Hardee County, Hernando County, Hillsborough County, Manatee County, Pinellas County, Polk County, Sarasota County | Tagged , , | Leave a comment
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Funded in part by the U.S. Small Business Administration, the USF Small Business Development Center offers one-stop assistance to individuals and small businesses by providing a wide variety of information and guidance in central and easily accessible locations.