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SBW: One of MoCo’s first food trucks goes to the Market

Missy Carr, owner of the Go Fish food truck, opened a stand inside the  Bethesda Farm Women's Cooperative Market on Friday

This is Small Business Weekly, a recurring feature in which we’ll spotlight a small, independently owned business in Bethesda or Chevy Chase. Got a business you think we should check out? Drop us a line at desk[at]bethesdanow[dot]com.

This is Missy Carr’s major expansion.

The L’Academie de Cuisine graduate was among the first to open a Montgomery County food truck when she opened Go Fish in 2011.

In a few years, her seafood truck built up a following in Bethesda. In 2012, it was named Bethesda’s best food truck by readers of Bethesda Magazine.

But a lack of parking, the threat of parking tickets and opposition from brick-and-mortar restaurants meant Carr rarely actually made it to downtown Bethesda, instead opting for weekly events hosted by office property owners, catering gigs and outdoor markets.

Now, with a relatively cheap spot in the Bethesda Farm Women’s Cooperative Market, Carr is hoping to better establish her business.

“This is a good foothold for me, because it’s so hard to get in Bethesda,” said Carr, who opened the stand in the market on Friday. “Everybody wants to be in Bethesda, but there’s nowhere to go. So when this opportunity came up, I was like, ‘Yeah, this is a good chance to get my brand out there and some more of our stuff.’”

Having a more permanent landing spot is especially important to Carr, who hopes to go back to offering fresh seafood on a regular basis. It’s the kind of business that relies on regular customers, which are harder to come by if your business is always on the move.

“The problem with fresh fish, when you have a product like that, people want to know where you are,” Carr said. “You have regular customers. They come to this place and they know on a Saturday for instance they’re going to get my product. We were always mobile.”

Go Fish was the second food truck in Montgomery County, Carr said. The first, Sub Urban Bros, has since called it quits. The Go Fish food truck will continue. Carr has help to keep it going on days when she’s at the market.

Go Fish and the market are open on Wednesdays, Fridays and Saturdays.

With start-up costs of a few thousand dollars, the opening at the Market is serving as a next step of sorts. Carr said she’s not quite at the level to move her crab cakes, mahi mahi fish tacos and lobster rolls to a permanent brick-and-mortar, though she has glanced at building vacancies.

“Having a place where people can count on to come and know we’re going to be here three days a week is a big opportunity for me,” Carr said.

Previously featured in Small Business Weekly: Simon Plant CareUrban Country | Cera Wax Studio | Sports Extra | Gallery St. Elmo

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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