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The Small Business Administration’s new online assessment resources are intended to help hopeful entrepreneurs evaluate their readiness for starting a small business. “Small Business Readiness” and the “8(a) Business Development” assessment have been used by 125,000 budding entrepreneurs during the past three months. Based on the results, entrepreneurs are directed to the SBA training resources… Continue Reading SBA offers online assessment tools for entrepreneurs

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Executive Systems sells to Boulder company

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Executive Systems, Inc., a Colorado Springs-based executive suite, virtual office, conference center and live-answer receptionist provider since 1991 has been acquired by Office Evolution of Boulder. Mark Hemmeter, president of Office Evolution, said the acquisition expands his company’s presence along the Front Range to 14 sites. The three Colorado Springs locations owned until recently by… Continue Reading Executive Systems sells to Boulder company

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A proposed Small Business Administration rule would limit to four the number of industries in which women-owned small businesses would qualify for restricted competition status. The proposed rule was submitted for publication in the Federal Register Dec. 20. Public comment will be accepted until Feb. 25. The four industries are national security and international affairs;… Continue Reading SBA rule for women-owned small businesses

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Buzz with the Bs to address business issues

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The Better Business Bureau is holding its monthly networking meeting “Buzz with the Bs.” Speakers will discuss a variety of business topics. All meetings are scheduled from 7:15 to 9 a.m. on the second Friday of each month at The Caddie Shack restaurant at the Valley Hi Golf Course. Below is a list of scheduled… Continue Reading Buzz with the Bs to address business issues

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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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