Get a Loan
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 while providing a financial boost to your business. If you understand what the banker needs to know, you can improve your prospects for financing.
Learn MoreMaking A Business Healthy
SBDC Counselor Mario Iezzoni published in the Mar/Apr edition of the Maddux Report
Many entrepreneurs are familiar with the bid process, in which a job estimate calculates the cost of labor, materials, overhead and anticipated profit. If the owner is inefficient in any way, such a job can easily end in a loss. And that means you’ve paid customers for the work you’re doing for them.
Learn MoreSustaining Small Business
SBDC Counselor Maria Yepes published in the Jan/Feb edition of the Maddux Report
For many entrepreneurs the concept of sustainability is not new. Small businesses have to apply sustainable practices in order to be profitable. However, with all the buzz about being green, some companies have lost their way into greenwashing and have forgotten the basics of sustainability.
Learn MoreFinding Your Web Gateway
Small businesses may have many disadvantages when generating business online. Larger corporations have more resources to dedicate to Search Engine Optimization (SEO), Pay Per Click (PPC), e-commerce and email marketing campaigns. However, most larger companies are focused on getting the biggest bang for the buck, which leaves certain niches wide open.
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Minority Certification 101
So you want to obtain a minority/woman certification? Well, here are some common questions regarding the process to get you on your way:
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Learn MoreReady. Set. Sell to the Government.
Have you heard about the billions of dollars spent by the federal government last fiscal year? Hold on to your seats. Per USASpending.gov the government spent over $517-billion on supplies and services in FY 2008. The federal spending for FY 2009 year-to-date is more than $221-billion. You should ask yourself, “How can I get a piece of this pie?”
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Learn MoreThe Female Factor
Did you know that women make more than 80 percent of purchasing decisions? That they represent the majority of online market sales and spend about $5-trillion annually? These numbers should get your attention. Over the past decade, working women have shown a marked increase in their salaries as compared to men.
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Learn MoreWill It Fly or Die?
New products enter the marketplace daily, some with greater success than others. Why do some succeed
while others fail?
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Learn MoreThe Threat from Within
If you are a business owner and you think shrinkage is what happened to your clothes after a trip to the cleaners, you really should read on. In business, shrinkage usually describes the financial losses caused by employees. For a business owner, there is nothing more disheartening than learning a trusted employee has stolen from the company.
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Bad Economy? Stop.Think.Go.
I know, I know. It’s bad out there. But now’s not the time to let a bad economy happen to you. It’s time to fight…with your brain. Here are some marketing tips to consider:
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GOT MONEY?
So… the bank declined your loan request for your business space? Are you frustrated yet? Wonder what to do Snow? Two words: Don’t surrender! Just one in nine new businesses get bank loans for their facilities, anyway. Here are some other, probably even better, ideas.
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