By Brad Scribner Ensuring your small business is compliant with local, state, and federal regulation is a big job and can be confusing for first time business owners. Many types of business licenses and permitting are available to you, but which are necessary? And what will suit your small business best? Before you begin, it
By Carlos Mejia Castillo Perhaps now, more than ever before, the importance of Planning in Small Business is at the forefront of sustainability factors. Today’s successful entrepreneurs have done yesterday’s hard work: setting goals, designing action plans to reach them, and building plans for growth based on measurable metrics. Every business owner has different goals
By Brad Scribner, Nevada SBDC With almost $1 trillion in U.S. Small Business Administration CARES funding loaned and granted to struggling businesses across the U.S., it’s unsurprising that some would attempt to capitalize on the largest federal financial assistance bill in history. And while many have attempted to defraud the government, many more are out
By Nevada SBDC Staff As Nevada’s economy begins to slowly reopen, many small businesses are left wondering how to adjust to the “new normal”. Many restauranteurs, retailers and service businesses are uncertain of new health mandates and best practices, and are unsure of how to prepare for the future, including how to operate cost effectively. The
Brad Scribner, Nevada SBDC As struggling small businesses continue to scour for grants and loans in the midst of the COVID-19 pandemic, the Southwest Central Regional Economic Development Authority has teamed up with mining operations in Nye and Esmerelda Counties to provide $5,000 grants to rural small businesses, setting an example for aiding vulnerable communities
With an already long to-do list, tax preparation for your small business is likely the last chore on your mind this holiday season. However, starting early to prepare your financials can benefit you in the long run. Analyzing your financial position now still gives you time to make last-minute decisions that can help reduce your
In any business environment, making connections and expanding outreach can have a massive impact on your company’s bottom line. Along with increased market visibility, networking can bring opportunities to develop relationships with like-minded business owners and build a sense of camaraderie that can help sustain an entrepreneur through their darkest hours. If you’ve ever found
With the ”Back to School” season in full swing, many business owners find themselves leaving behind vacations and relaxing getaways and getting ready to get back to it. This has many business owners feeling inspired to make updates and upgrades in their business. Here are a few tips to make sure your business is ready.
Reviews, ratings, and testimonies can make or break the future of your small business. Understanding how to properly handle customer reviews and take them into consideration, while maintaining a professional image and sticking to your values, can often be a challenge. Placing a high value on reviews and ratings can gain you credibility and trust
By Kayla Banda When starting a new business, it can often be hard to describe your master plan to others. A business plan will not only keep your team focused on short and long-term goals, but can help clearly communicate your grand vision to others. Lenders and investors want to know that you understand your