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Director's Corner
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American Express survey of California small businesses.
Dear ,
One of the ways we take the pulse of small businesses is through surveys of small business owners. The latest such survey to be released comes from American Express.
American Express recently released their survey of California small businesses. The results confirm the information our clients have shared with us across the State, and include:
· Seventy-two percent of California business owners report having cash flow issues next six months, up from 57 percent this spring;
· Thirty-seven percent are planning to hire within the next six months, up significantly from last spring (25 percent);
· Thirty-two percent are not focused on business growth and are "just trying to keep the lights on";
From the report, "One in four entrepreneurs cite accounts receivable as their biggest concern (25 percent), and similarly their ability to pay bills on time (24 percent); less than one-in-ten are concerned with the ability to accurately track cash flow (9 percent), having enough cash to win new business (8 percent), and the ability to meet payroll (5 percent)."
For more information, the full report is available
CLICK HERE
Dan Ripke
Director
Northeastern California SBDC
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| NATIONAL SMALL BUSINESS NEWS |  Advantage Loan InitiativesSmall Loan Advantage and Community Advantage 7(a) Loan Initiatives SBA is committed to expanding access to capital for small businesses and entrepreneurs in underserved communities so that we can help drive economic growth and job creation. In line with that, SBA is rolling out two new initiatives on February 15, 2011, aimed at increasing the number of loans in these communities. SBA and U.S. Department of Commerce studies have shown the importance of lower dollar loans to small business formation and growth in underserved communities. With that in mind, and building on the agency's "Advantage" platform, both Small Loan Advantage and Community Advantage will offer a streamlined application process for SBA 7(a) loans up to $250,000. READ MORE |
NECSBDC REGION SMALL BUSINESS NEWS
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Small Business Resource Summit
26 May 2011
Citrus Heights Community Cetner
6300 fountain Square Dr.
Citrus Heights Ca 95610
Registration 8:15am
The Small Business Resource Summit is a combined gathering of 40 Federal, State, County, City, Nonprofit, Educational agencies and Lending Institutes that have programs or services to assist entrepreneurs and existing business owners in the greater Sacramento region. You will be able to meet and talk with representatives from these participating agencies in the area of: 1.Business Counseling, 2 Business Training and Workshop, 3.Finance Programs and Services. 4. Business Import/Export Training and Counseling, 5.Business Taxes Programs & Resources, 6.Government Contracting Opportunities and Certifications, 7.Public Contract Opportunities, 8.Business Incentive Programs, 9.Lending Institutes, 10.and more. There will be six different workshops to choose from and an Economic Forecast for the greater Sacramento region. Please take the opportunity to market your business and meet new contacts at our Business Network Session immediately following the last workshop session. READ MORE
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NECSBDC REGION SMALL BUSINESS NEWS
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2011 Small Business Award Winners
The U.S. Small Business Administration
Sacramento District Office
Proudly Presents
2011 Small Business Award Winners
Small Business Person of The Year
Geoff Gipson
Valley Medical Supply
Chico, CA
Small Business Exporter of The Year
(District & Regional Winner)
Margaret Y. Wong
McWong Environmental & Energy Group
Sacramento, CA
Women In Business Person of The Year
Karren Peterson
Stockton, CA
Lender Of The Year
Five Star Bank
Rancho Cordova, CA
Subcontractor Of The Year Award
Myla Ramos
SearchPros Staffing
Sacramento, CA
SBA's SCORE Counselor Of The Year
Dan Cattone
Sacramento, CA
SBA's SBDC Counselor Of The Year
Clyde Green
Sacramento, CA
SBA's Journalist Of The Year
Darrell Smith
Sacramento Bee
Sacramento, CA
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| CALIFORNIA SMALL BUSINESS NEWS |
TriTech SBDC to Sponsor Workshop on How to Win SBIR/STTR Grant Funds
By TriTech SBDC
Dated: Apr 07, 2011
Entrepreneurs and businesses looking to capitalize on the $1 billion in available Small Business Innovation Research (SBIR) or Small Business Technology Transfer Research (STTR) funds will learn how to successfully make an SBIR/STTR proposal.
IRVINE, Calif. -- Entrepreneurs and businesses looking to capitalize on the $1 billion in available Small
Business Innovation Research (SBIR) or Small Business Technology Transfer Research (STTR) funds will
receive expert training on how to successfully make an SBIR/STTR proposal at a TriTech Small Business
Development Center Workshop on Wednesday, April 27, 2011 from 9:00AM to 3:00PM at Crowell and
Moring, 3 Park Plaza 20th FL, Irvine, CA 92614. READ MORE
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Sincerely,
Dan Ripke
Director
Northeastern California SBDC &
Center for Economic Development
California State University, Chico
www.necsbdc.org
(530) 898-4598
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