Start the new year with a business checkup

Making predictions is never easy, especially for small business owners and managers. Unlike their larger counterparts, small firms rarely have the resources to monitor and take corrective action for every trend and issue. Even entrepreneurs who’ve experienced numerous business cycles face new circumstances that confound their instincts and knowledge. While there’s no crystal ball that […]

This holiday season, consider “shopping small”

The U.S. Small Business Administration celebrates small businesses on a daily basis. When small businesses do well, the communities in which they’re located do, too. As part of an annual tradition, I encourage you to join millions of Americans and “shop small” on Small Business Saturday on Nov. 28. Coming on the heels of Black […]

SBA offers help in switching to new credit card technology

A major transition is under way in America, and small business owners who fail to act could pay a huge price. United States credit card companies have set October for the national adoption of chip cards — also known as EMV cards. Businesses that haven’t integrated EMV technology to process chip cards will become financially […]

Take steps to secure small business capital

Cash flow constitutes the life blood of all small businesses, allowing ventures to pay employees and suppliers while keeping their doors open. The way entrepreneurs secure capital has changed dramatically over the last 10 years, however. The use of crowdfunding, instant online loans and peer-to-peer financing as well as the emergence of lender-agnostic marketplaces has […]

SBA initiatives out to promote entrepreneurism

The world has its eyes on America’s entrepreneurial economy, but we need to do more to ensure we’re tapping our full potential. Entrepreneurs have expressed their frustrations with the business permitting and licensing process, accessing capital and finding mentorship opportunities. The U.S. Small Business Administration is addressing these concerns with such  initiatives as Startup in […]

Mentoring available to help encore entrepreneurs

Entrepreneurs over 50 constitute one of the fastest growing groups of new business owners in the nation.  For these so-called encore entrepreneurs, entrepreneurship offers a chance to use knowledge and experience they’ve gained during their careers to create new businesses. This is an exciting area, especially when you consider there are 76 million people over […]

Want a date with a lender? Here’s help

Cash flow constitutes the lifeblood of small businesses. Across the nation, thousands of small firms search for term and real estate loans, equipment financing, lines of credit and invoice financing to help them build their businesses and create new jobs. Finding a business loan can be time consuming and often frustrating and disappointing. Changes in […]

Small businesses deserve recognition

Congratulations to all the 2015 Small Business Week award winners, and thank you for your ongoing commitment to Colorado.   Each year since 1963, the president of the United States has issued a proclamation announcing National Small Business Week to recognize the critical contributions of entrepreneurs and small business owners. More than half of Americans […]