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SBA Provides Clean Patch for Growth & Expansion
… 8(s) Business Development Program. “Applying for 8(a) was one of the best moves my mentor suggested,” Jesse said. “In the beginning, nine years sounds like a long time, but it’s not. During that time, I was able to learn … the kind of company that federal government wants to hire—one that reliable, bonded and professional. I also learned … -
National Small Business Week Virtual Summit Highlights Resiliency and Recovery
… the world every single day, which is making sure that one plate of food at a time; we keep our business rolling; we try to solve some of … the storm,” advised Sharon Vosmek, CEO Astia. As with day one, cosponsored partners and leaders in the small business … -
Adjusting the Lens
… McCoy said. So, he moved on, landing a gig selling air time to companies wanting to advertise on Indianapolis TV … in their local communities. McCoy broke barriers as one of the only Black men in the C-suite and knew that … Digital Media , and eMedia Augmentation . McCoy is one of two Black men who own and operating local news … -
Franchise Opportunities In The Home Improvement Area
… Read more about Joel Libava But a good economy is only one reason why this trend is mostly expected to continue. Here’s the other one, according to iPropertyManagement.com*: “As the bulk of … outpaces home maintenance spending.” Does this mean it’s time for you to look into home improvement franchises? Data … -
Brighter Days Expected in 2023 for Veteran-Owned Small Business
… and veteran-owned business in 2010 after working one-on-one with provider offices and healthcare facilities and … of Team CPR many clinics began to close. Shirley recalls one day in March vividly: “We gathered the staff that Monday … -
Debra Ritt, Assistant Inspector General for Auditing, U.S. Small Business Administration, before the Ad Hoc Subcommittee on Contracting Oversight of the Committee of Homeland Security and Government Affairs, United States Senate, July 16, 2009
… Unlike other 8(a) businesses whose profits generally go to one or two individuals, hundreds, and sometimes thousands, of … contracting as a whole increased significantly during this time, what stood out from our review was the growth in the … the ANC companies reported by SBA to Congress that year. One of these companies accounted for nearly 20 percent of the … -
ROM 10-01 - SBA Readiness For Reviewing Recipient Reports on the use of Recovery Act Funds
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SBA Announces Updated Guidance Regarding Applicant Deadlines for COVID Economic Injury Disaster Loan Program
… to apply by December 10 to ensure adequate processing time. Borrowers can request increases up to their maximum … and paying off debt. Implementation of a Deferred Payment Period. The SBA will ensure small business owners … Window. To ensure Main Street businesses have additional time to access these funds, the SBA implemented a 30-day … -
Five Factors that Impact Your Business Credit
… credit . This includes positive cash flow, bank history, payment history, and additional cash sources and reserves. … positive cash flow, a favorable bank rating, and positive payment history with other businesses. When it comes to … times the account has been paid late. Capital Invested One of the factors bankers use during a business loan … -
The Pros and Cons of Running a Seasonal Business
… The majority of their revenue is dependent on a specific time period. Seasonal businesses are all around – from a bed … Preparation – During the off season, owners have more time to develop budgets, systems, processes and procedures … cash flow . Additionally, management and staff have time to rest and recuperate from a hectic schedule. Direct … -
Business Loan Program Improvements
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COVID Forces Boat Builders To Innovate
… every sector of the economy was closing or slowing down, one area actually began to thrive. Vermonters wanted to get … more employees, but it was difficult finding help. At the time they thought they were just going to make do with the … to buy a Kevlar boat, which is a quarter of the price of one of our cedar boats. I told him we are all sold out and … -
SBA Celebrates National Entrepreneurship Month
… their business. The National Disability Institute (NDI) is one of the 51 grantees of the SBA’s Community Navigator Pilot … help them grow their business during these economic times. One example of NDI’s impact is the story of Tracy Pulliam , a … of Washington, D.C. Ruth Chavez, an advisor for NDI worked one-on-one with Tracy to provide him support in business … -
Linking policy
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Doing business in the West Virginia District
… local resources State and local governments West Virginia One Stop Business Portal Workforce West Virginia Community … -
SBA Houston accepting Applications for 2020 Emerging Leaders Training Program
… been in business for at least three years, have at least one full-time employee, and have annual revenues between $250,000 and … business for at least 3 years. • Have at least one employee, other than self (participant must be CEO, COO, … -
Omaha Entrepreneur’s Corporate Career Goes to the Dogs – And She Couldn’t Be Happier
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The 3 Things That All Successful Franchisees Do
… Franchisees Do 1. Connect with other franchisees One of the most important things you can do is to create good relationships with other franchisees. One of the easiest ways to start this process is to simply … Of course, you knew that going in, because you took the time to learn all you could about franchising well before you … -
Setting the stage
… as SBA Administrator – my first town hall meeting. Every one of SBA’s employees nationwide was invited to ask … November about taking the top job at SBA, he communicated one clear, specific request to me: “Do a good job.” He said … to deliver. I responded that I would, adding, “If at any time my job isn’t good enough, I trust you will tell me.” I …