Lynette Crow, founder of Colorado Springs-based Conspire drug screening company, is giving a franchise to a military veteran in Newark, N.J. Crow will announce the project next week in Washington D.C. when hundreds of franchise owners descend on Capitol Hill to meet with lawmakers about the issues facing small businesses. Crow founded Conspire in 2003 [...] [...]
During this down economy, there aren’t too many communities that can boast they just had their best sales tax year ever. Woodland Park can. “We’re kind of thinking if we’re doing this good when the economy is bad, look out when things turn around,” said Woodland Park Mayor Steve Randolph. The city has issued 22 [...] [...]
Adams Bank & Trust, which has two branches in Colorado Springs, has received $21 million through the federal Small Business Lending Program to loan to small businesses. In 2010, Congress set aside $30 billion for the Small Business Lending Fund — which is meant to get capital into banks that have less than $10 billion [...] [...]
Local bankers say they are eager to make loans to small businesses. Trouble is, not many small businesses are asking. [...]
Small businesses could be held legally responsible if customers use Wi-Fi internet access for illegal downloads. That’s the word from the National Federation of Independent Business, which noted that record labels and movie studios struck a deal this month to issue warnings to Internet providers whose accounts are used to steal content. Small businesses that [...] [...]
At the risk of sounding like alarmists, we hate business concentrations and want to help you take positive steps to avoid them. Concentrations are one of the greatest risks you can take in business because they cause havoc and destroy companies. Having a concentration is kind of like carrying a rattlesnake in your pocket — [...] [...]
A three-story parking garage next to the Stagecoach Inn on the eastern end of Manitou Springs was one of the most popular ideas presented during a meeting about how to solve the city’s parking issues last week. The three-tier parking structure would cost an estimated $4.2 million to construct, would need $340,000 a year in [...] [...]
The Colorado Division of Insurance has launched a new program to aid new businesses with insurance needs. The “Guide to Insurance for Small Business’ provides an overview to many types of insurance so business consumers can have all the information needed at their fingertips. “Growth in small businesses is a critical element to Colorado’s economic [...] [...]
The number of Colorado small businesses providing health benefits to their employees in 2010 fell 10 percent from the year before, according to a report from the Colorado Division of Insurance. In the last decade, the number of Coloradans with health insurance from a small business employer dropped 50 percent from 537,996 in 2000 to 267,411 [...] [...]
Sitting down with your accountant isn’t always a cause for celebration, but small business owners have reason to be grateful for small mercies as they file their 2010 taxes. That’s because of the Small Business Jobs Act passed in September. The biggest temporary change is an increase in bonus depreciation for assets purchased from 50 [...] [...]
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