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SBDC e-News
May 2009

The NH SBDC is an outreach program of the UNH Whittemore School of Business and Economics, and a cooperative venture of the U.S. Small Business Administration, the State of NH (DRED), the University of NH, and the private sector.

In This Issue
Upcoming Event
SBDC News
Timely Tools for Entrepreneurs
SBDC Educational Programs
Partner Events

e-Learning for Entrepreneurs

 
... provides 24/7 availability of business management and industry-related workshops, seminars, and e-Tools right in your workplace or home.
 
Business Plan OnLine (BPOL) Create your start-up or growth business plan on your own, or over time with an SBDC business advisor with this online software product. Cost: $49
 
SBDC's How To's for Business Owners - OnLine, AnyTime are courses in Business Management, Marketing, and Finance.  These are free, 2-3.5 hour courses, which you can take in one sitting or in several via the internet.  Phase III Premier Sponsor: Public Service of New Hampshire.
 
For more information on e-Learning for Entrepreneurs and on becoming an e-Learning sponsor, contact Heidi Edwards Dunn, Educational Program Coordinator. 

 

 

Quick Links
SBDC Website
 
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Join Our Mailing List
Register Now!
 
 
Wednesday, June 3rd
C.R. Sparks, Bedford
11:30 Registration
12:00 Luncheon and Awards
  
 
Registration: individuals @ $45, tables @ $450   
 
Recognizing SBA's 2009 New Hampshire Small Business Persons of the Year Dr. George Korn and Joyce Korn, Newton Junction, co-owners of Safeway Training and Transportation Services, and NH SBDC's Heidi Edwards Dunn, recipient of the SBA's SBDC Service Excellence & Innovation Center of the Year award. These recipients, along with 13 other awardees, will be honored at the Awards Luncheon on June 3rd.

     Special thanks to our 2009 Sponsors:
 
Centrix Bank
Citizens Bank
Community Development Finance Authority
First Colebrook Bank
Laconia Savings Bank
Pentucket Bank
Public Service of New Hampshire
SBDC News 
 
Join us for a coffee break!  Coffee Break Chat - the new NH SBDC blog - will launch on or about May 15th.  We'll be offering some practical tips for starting, growing and maintaining your small business, including updates on the federal stimulus package. Take a break with us and offer your two cents worth by commenting on what you see. Find us at www.nhsbdc.org.
Timely Tools for Entrepreneurs
 
 NH Stimulus Logo
SBA Disaster Loan Deadline is June 3
June 3 is the filing deadline for federal economic injury disaster loans available in the entire State of New Hampshire. The SBA declared a disaster because of damages and losses to crops caused by flooding, excessive rain, high winds and hail that began on June 15, 2008.                         
 
The 2009 ENERGY STAR for Small Business 2009 Awards are open to any small business that has increased the energy efficiency of its facility through energy management improvements during the last two years.
 
"The effective federal income tax rate faced by small businesses varies by the legal form of organization", according to a report issued last week by the SBA's Office of Advocacy. To access a press release about the study, click here. To access an executive summary of the study, click here. To access the full report, click here.
 
Tax Provisions of the American Recovery and Reinvestment Tax Act (ARRA) of 2009
Revenue Procedure 2009-26 provides guidance under §1211 on how a taxpayer that is an eligible small business makes an election to carry back a net operating loss (NOL) for a taxable year ending after 2007, for 3, 4, or 5-years instead of the normal 2-years. 
News release IR-2009-44 explains the new or expanded tax benefits on expenditures to reduce energy use or create new energy sources. For a larger listing of ARRA's energy-related tax benefits, see Fact Sheet 2009-10.
SBDC Educational Programs
 
Business Basics
 
This workshop is for people who are interested in learning the fundamentals of starting and running a business the right way.  Some subjects covered are the pros and cons of being in business, registering your business, choosing the business form (LLC, sole proprietor, etc.), basics of accounting and record keeping, understanding your market, basic business law, cash flow planning and budgeting, and how financing really works.
    
May 19 - 5:30 - 9:00 p.m.
     Amoskeag Business Incubator
     33 S. Commercial Street, Manchester 
 
June 3 - 5:30 - 9:00 p.m.
     Rochester Chamber of Commerce
     18 South Main St., Rochester
 
 
QuickBooks
 
All seminars will be held at Daniel Webster College, 119 International Drive, Portsmouth, NH 03801.
 
     June 4, 10:30 a.m. - 4:30 p.m.
Whatever your business may be, sound financial practices are a toolset that can help you get the greatest return from your efforts. This full day course will help you set up QuickBooks correctly, discover which version is right for you, and find ways to use QuickBooks to work with customers and vendors.
 
     June 11, 10:30 a.m. - 1:00 p.m.
This seminar will review the business process of inventory tracking and selling. Included will be setting up the item list, working with purchase orders, receiving items, adjusting inventory, managing inventory reports, working with customer & vendor information and selling items.
 
 
SBDC Restaurant Initiative Courses
 
The SBDC Restaurant Initiative is an award-winning, statewide program that focuses on helping independent restauranteurs grow their businesses while being mindful of cost and budgets.
 
Controlling Food Costs: This seminar will help you to make better management decisions by developing your skills and control systems and helping  you to communicate these systems to your employees.  The importance of food cost percentages and industry standards will be an important component of this workshop.
     June 2, 9:00 am. - 1:30 p.m.
     Daniel Webster College Portsmouth Campus
     Conway Techonolgy Village
     53 Technology Lane, Conway
This seminar is a continuation of the MWVEC's Spring Business Boot Camp Series, sponsored by PSNH and Laconia Savings Bank. To register, call 603-447-6622, or email info@mwvec.com. Please include Food Cost in the subject line. 
 
 
SBDC Environmental Management Program
 
The Environmental Management Program, located at the Manchester Regional Office of the NH SBDC, helps you develop best management practices to achieve sustainability. 
 
Presented by the NH SBDC and the Construction Safety Roundtable:
    
     May 26, 10:00 a.m. - 12:00 p.m.    
     Ammon Center, Manchester
Partner Events
 
  - Find Out How Your Business Can Reach Its
    Potential: May 13, 5:30 - 7:30 p.m.
    May 22, Noon - 1:00 p.m.
 
 
Marian Noronha, chairman and founder of TURBOCAM International, has been named the 2009 Business Leader of the Year by Business NH Magazine. In addition, seven other businesses from various industries are being honored. Awards will be presented at a special luncheon.
     May 19, 11:30 a.m. - 1:30 p.m.
     Radisson Hotel, Center of NH, Manchester
 
Presented by the NH Division of Economic Development in partnership with the New Hampshire Manufacturing Extension Partnership and the Business and Industry Association.
     May 19, 8:00 a.m. - 2:00 p.m.
     Southern NH University, Hospitality Center
     2500 North River Road, Manchester
 
Particpants in this free national phone forum will learn about: worker classification categories, employee vs. independent contractor; categories of evidence for proper classification; worker classification related forms; treatment of corporate officers; and section 530 relief requirements.
     May 20, 10:00 a.m., 1:00 p.m., and 4:00 p.m.
 
Presented by the NH MEP and the NH BIA. Using a dynamic simulated manufacturing environment, experts will bring your team from a traditional manufacturing operation to a Lean manufacturing enterprise.
     May 21, 8:00 a.m. - 4:30 p.m., 7:30 reg.
     EFI Vutek, Meredith
 
    May 21, 12:00 - 1:00 p.m.
  - "Ask-the-Expert" series for May. Ask-the-Expert
    about how Ethical Business Practices Lead to
    Long Term Success.
 
Presented by The Hanover Area Chamber Of Commerce, in conjunction with the Tuck School of Business at Dartmouth College and Upper Valley SCORE.
     May 28, 8:00 - 10:00 a.m.
     Wheelock Room, Hanover Inn, Hanover
To register or get more information, call HACC at (603) 643-3115, or e-mail events@hanoverchamber.org.
 
The Greater Salem Chamber of Commerce partners with the Greater Derry/Londonderry Chamber to bring you the fourth year of this fantastic golf tournament. Spots are limited so act TODAY!
     June 8, 7:00 a.m. register, 8:00 a.m. start
     Campbell's Scottish Highlands
     79 Brady Ave, Salem, NH
 SBDC logo
The NH SBDC provides  
confidential business
management consulting and educational programs to more than 3,000 NH small businesses each year.  The NH SBDC is the only NH agency that has full time, certified business advisors providing one-on-one, long-term management consulting to small businesses.