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Small businesses seeking more credit

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More small businesses will seek to increase their loan levels or lines of credit during 2008. The latest nationwide Small Business Research Board survey released today shows that of the more than 450 owners and managers responding, 26.8 percent said they will increase the dollar value of their loan requests or raise the limit on… Continue Reading Small businesses seeking more credit

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The National Federation of Independent Business says their members aren’t feeling confident about the economy – and that small business owners in Colorado mirror the nationwide anxiety. Officials say their most recent survey shows that overall optimism about the economy is at its lowest level since 1993. The survey also asked Colorado small business owners… Continue Reading NFIB survey highlights small business attitudes

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Entrepreneurs, small business grow economy

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Entrepreneurs drove the U.S. economy during 2006, federal reports show. The U.S. Small Business Administration released its comprehensive report about small business’ contributions to the national economy during 2006, and small businesses lead economic growth during the year, the report says. The report reviews the economic environment for small businesses in 2006, including the financial… Continue Reading Entrepreneurs, small business grow economy

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Sales and Use Tax 101

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The City of Colorado Springs will offer a free two-hour class entitled “Introduction to Sales & Use Tax” from 9 to 11 a.m. on Jan. 9 in at the City Administration Building, 30 S. Nevada Ave. The class will offer information about taxes owed when purchasing equipment, computing taxes owed, licensing and reporting requirements and… Continue Reading Sales and Use Tax 101

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SEC creates faster access to capital markets

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The Securities and Exchange Commission approved changes yesterday that are expected to give smaller companies faster and easier access to capital. The commission adopted amendments to the eligibility requirements of Form S-3 and Form F-3 of the Securities Act. The amendments will allow companies that do not meet public float requirements of the forms to… Continue Reading SEC creates faster access to capital markets

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New Small Business Resource Guide available

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The 2008-09 Colorado Small Business Resource Guide is now available. The guide includes key information such as a checklist for starting a business, legal structure and registration requirements, property and sales tax mandates, bookkeeping guidance, and financing options. It is the official source referenced by Colorado governmental offices in support of emerging or established small… Continue Reading New Small Business Resource Guide available

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The Colorado Small Business Development Center and the Colorado Springs Chamber of Commerce will host the third annual Small Business Conference for Veterans next week. The conference is scheduled from 7:30 a.m. to 5 p.m. Dec. 14 at the Antlers Hilton hotel, 4 S. Cascade Ave. Small business counselors from around the state are scheduled… Continue Reading 3rd annual small business conference for veterans

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Colorado SBA Director retiring

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Patricia Barela Rivera, the state district director for the Small Business Administration, will retire from her post Jan. 3. Region eight administrator Elton Ringsak said Ron Solberg, the Colorado Lead Business Development Specialist, will temporarily fill her position until a replacement is found. The state director is responsible for implementing national SBA programs and dispersing… Continue Reading Colorado SBA Director retiring

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Business partnership welcomes new members

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The Falcon Business League and the Fountain Valley Chamber have joined the Pikes Peak Regional Business Partnership. The partnership includes Experience Colorado Springs at Pikes Peak, the Colorado Springs Chamber of Commerce, the Black Chamber and the Hispanic Chamber. The two organizations will be recognized at a breakfast meeting at 7:30 a.m. on Tuesday, December… Continue Reading Business partnership welcomes new members

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The U.S. Small Business Administration has created a new disaster planning guide. The 10-page guide offers tips about developing a plan to protect both customers and employees in the event of a disaster. “The most successful recovery efforts are always preceded by good planning,” SBA Deputy Administrator Jovita Carranza said. “The more preparation that businesses… Continue Reading SBA releases disaster-planning guide for small businesses

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