Business News and Notes
December 2014

Visit Us!

The Illinois Small Business Development Center at DACC provides free one-on-one counseling to assist potential and existing small businesses in the area.
 We can help with business planning, loan application development, financial analysis, marketing plan analysis, expansion, legal structure and business registration.  We also have a reference library for client use.
Contact us for an appointment.


 
website.
Illinois SBDC Directory

Our print and email newsletters now includes a directory of area small businesses and resources.  The directory also appears on our website.

If you would like to be included in the directory at no charge, please call us at (217)442-7232 or email us [email protected] with the following information:

  • Name of Business
  • Category  
    (restaurant, day care, social service)
  • Preferred method
    of contact
      (address, phone, email,website, social media)
  • Days/Hours of operation(if applicable)

                                    Economic Impact Survey

 

 Our office will be closed Wed. Dec. 24 at noon until Mon. Jan. 5.
The Illinois SBDC at DACC is
funded by:

From the 
Director's Desk


Greetings!
   

As 2014 comes to a close, the Illinois Small Business Development Center is proud to have worked with more than 180 entrepreneurs in their business planning.  About 50% of those are in the start-up phase and 50% existing businesses. 

 

We offered 26 workshops on a variety of topics including starting a business, Quick Books, legal questions, business taxes, restaurant management and marketing.  We have many exciting and useful workshops planned for next year.  Remember, if you have ideas for workshops that would be helpful to you in your business, let us know and we will find a presenter.

 

We look forward to working with you and your business in 2015 to connect you with information and resources to help your business grow and thrive.

 

Wishing you a happy holiday season and a successful 2015! 

 

Sincerely,

 

 

Carol Nichols

Director, IL SBDC at DACC

 

New state of Illinois withholding rate                                

The individual income tax rate will decrease on January 1, 2015 to 3.75%. The IL-700-T, Illinois Withholding Tax Tables for 2015, is now available Through the  state's website., which enables employers to determine how much tax to withhold from employee paychecks under the new rate. -12/12/2014


 

Intuit QuickBooks Self-Employed

As an SBDC office, we are able to pass on this offer from Intuit for their  QuickBooks Self-Employed product - $9.99 for your entire first year.* (The regular price is $9.99/month)

 

Untangle business from personal spending

  • Find and track deductible expenses all year round
  • Estimated quarterly taxes calculated for you
  • Business spending automatically categorized for Schedule C
  • No more year-end surprises

We are not recommending this product specifically, only providing you access to the offer. 

QuickBooks - Online Plus
An introduction to the online version of QuickBooks accounting software.  Lean how to set up your business accounts using the online version of QuickBooks. Cost is $35.

Event Info
7:30-9:00 a.m. - Jan. 8
Village Mall

Register online (select ILSBDC at Danville Area Community College as center location) or call 442-7232.
QuickBooks - Basic
This workshop will take you through the basic company set up for QuickBooks software.  Invoicing, payments, deposits, set up customers, vendors and bank accounts. Cost is $35.

Event Info
7:30 - 9:00 am - Feb. 5
Village Mall

Register online (select ILSBDC at Danville Area Community College as center location) or call 442-7232.
WordPress 
Lean how to build a basic starter website for your business using WordPress free online software tools.  Text included.  Cost is $35.

Event Info
11:00 am to 1:00 pm.  - Mar. 25
Village Mall

Register online (select ILSBDC at Danville Area Community College as center location) or call 442-7232.
 HR Basics for the Small Business Owner
An overview of the basics you need to know in your business about hiring, performance appraisals, handling problems with employees and termination - both the legal ramifications and the soft skills involved.  Cost is $35

 

 
Event Info
5:30-7:30 p.m.  - Apr. 7
Village Mall

Register online (select ILSBDC at Danville Area Community College as center location) or call 442-7232.

 

Certificate in SMALL BUSINESS OWNERSHIP

A 15 credit hour, 5 course series designed to prepare the new entrepreneur for a smooth launch.

Basics of Business Start Up (BMGT 100) - 2 credits
8-week Online Hybrid Class.  This course covers the key elements to starting and running a successful business including a completed business plan.

Introduction to Accounting
(BACC 100) - 3 credits
Introduction to Business -
(CBUS 104) - 3 credits
Principals of Marketing
- (BMGT 117) - 4 credits
Business Computer Systems
(CBUS 150) - 3 credits

Call 443-3222 for more information and registration.
                                                                     
                   Small Business supporting Small Business