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The Accounting Review Vol. 47 No. 3 1972

Business Consulting for Credit.

Gerald E. Nichols

University of Tennessee 1

Abstract

The article discusses business consulting for credit. A Small Business Assistance Center is in operation at the University of Tennessee through which students provide free business counseling services to small businesses and nonprofit organizations. The services are rendered by upper division undergraduate and graduate students under the guidance of the faculty of the College of Business Administration. The center limits its services to nonprofit organizations, small businessmen and potential small businessmen needing limited professional help. As a rule, those helped cannot afford to hire professional people. The few businesses which can afford professional help that contact us are directed to the appropriate professional group. Thirty business and nonprofit organizations have been helped by the group thus far. Many of those seeking help were minority businessmen. Businesses served include a pharmacy, a restaurant, a private school, a construction company, a landscaping company, a small manufacturer, and an arts and crafts shop operated by handicapped workers. Services performed include accounting system design and implementation, market surveys, cost-volume-profit analyses, statement preparation from incomplete records, and help in applying for Small Business Administration loans. The recipients of these services have been well pleased.

DOI
10.2308/tar-4503415
Volume
47
Issue
3
Pages
607-608
Language
en
Sources
openalex crossref

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