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Success Connection

July 2010

                              Issue LXXXIII                                          July 13, 2010                 

 

Kutztown University Small Business Development Center Newsletter

"Don't aim for success if you want it; just do what you love and believe in, and it will come naturally." 

David Frost

 

 


BUSINESS NOTES

Creative Ways to Stretch Your Marketing Budget

Innovative ways some business owners are using to stretch their marketing dollars:


Take advantage of technology -
     - Use email instead of direct mail
     - Attend virtual trade shows rather than traveling

Partner with others in your industry to spread the expense and the knowledge

Build your social network by offering free classes at libraries

Take a horizontal marketing approach: Determine your typical client profile and then target this group by identifying a noncompeting business that has that group as customers.

Read more horizontal marketing ideas in this article from Entrepreneur.

 

Federal Government Small Businesses News

IRS Offers Details on New Small Business Health Care Tax Credit

Guidance from the IRS makes it easier to determine whether small businesses are eligible for the new health care tax credit and how large a credit they will receive. Connect to the details here.

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Veteran-Owned Businesses - the Latest on Certification

From business.gov: clarification on veterans' certification - click here to read.

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SBA Small Business Loans Explained-Availability, Eligibility and the Application Process
- click here to read this article from Business.Gov.

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Learn about the special tax treatment for expenses incurred before business operations begin.


Business Start-up and Organizational Costs 

Business Start-up Costs

From IRS Publication 535 (2008) - Business Expenses

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"The Child Care Tax Center"
 
This link to the IRS Website connects the business owner with tax resources for their child care business. The Child Care Tax Center covers several areas pertinent to running a daycare center. 

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"Business.Gov's Licenses and Permits Tool"

This tool automatically generates a list of appropriate licenses and permits when you enter your business type and city/state. Business.Gov Licenses and Permits Tool

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"Cultivating Sound Business Practices with the Help of the IRS"


Click here to read an article from Business.gov about using the 2010 IRS Tax Calendar. The calendar is available here: IRS Tax Calendar

 

 

 

The KU SBDC Celebrates Graduation of 37 Entrepreneurs


On Saturday, July 10, 37 Latino entrepreneurs celebrated their graduation from the Kutztown University Latino Business Resource Center program, "Business Skills for Success for Latino Entrepreneurs", which was conducted in partnership with the Kutztown University Small Business Development Center, National Penn Bank, and the Greater Reading Chamber of Commerce.

The program focuses on the emerging Latino business community and uses a mix of classroom courses, online workshops, and one-to-one business consulting. The event was held at Mi Casa Su Casa restaurant, which is owned and operated by a former graduate of the program.

In addition to the ceremony for the graduates, Kutztown University President Dr. Javier Cevallos presented State Senator Michael O'Pake with the Small Business Champion Award, in recognition of the Senator's tireless efforts in support of entrepreneurship and his commitment to the KU SBDC.

To read more about the program, and to see the list of graduates, please click
here.

For a second article, and to view video from the event, click here.

 

 

 


The First Step Webinar for Start-Up Businesses


This 2 hour Webinar (live, interactive, online workshop) provides an overview of SBDC client services and learning resources. It also introduces topics relevant to all small businesses during their start-up phase.

The Webinar will also introduce and discuss a business concept outline. A business concept outline summarizes a business concept onto ten PowerPoint slides that communicate the essential information needed to assess the business concept.

Where: Simultaneous Web conference with telephone
When: July 20 from 11:30 a.m. to 1 p.m.
Cost: $0

To register, click here.

 

 

 

Website Optimization Webinar - WOW!


This 90-minute Webinar is designed for businesses with Websites that need tweaks, redesigns, or online marketing plans. Its goal is to give participants a foundational understanding of the basic concepts, terminology, and functionality of traditional online marketing elements.

After the Webinar, each participant will receive a report which will provide results from the analysis of their Website's structural design. The report will highlight areas where the Website could be edited to better meet the technical criteria of the traditional search engines. The report is intended to assist the business owner in the development of an action plan for the Website, with changes being made through your company's internal staff or through an outsourced Web developer.
 
Upon completion of the Webinar, each participant will receive their customized WOW report within 14 days via email, along with one hour of free consultation to review the report findings with an SBDC consultant.

Where: Simultaneous Web conference with telephone
When: July 21 or August 18 from 11:30 a.m. to 1:30 p.m.    
Cost: $199

To register, click here.

 

 

 

Business Planning (Part IV) - Financing the Business and Feasibility Decision


This is the fourth workshop of the Business Planning Workshop Series that began on June 3. Registration is available for each workshop or for the entire series.

Note:
This workshop is the make-up date for the session that was postponed due to inclement weather on June 24.

Where: Due to rescheduling, the workshop will be conducted as a Webinar. An email will be sent to each registered participant prior to July 22.

When: July 22 from 6:00 to 8:30 p.m.
Cost: $20.00 per workshop

Email
alewis@kutztown.edu for registration information. 

 

 

 

Doing Business with the Commonwealth of PA

 

Workshop topics include:


Finding opportunities with the State

  • State contracting procedures
  • State resources for small businesses, and
  • Certification for minority-owned and women-owned businesses

Presenter: Curtis Burwell, Dept. of General Services
Co-sponsor: Dept. of General Services

Where: Harrisburg Regional Chamber & CREDC, 3211 North Front Street, Harrisburg, PA 17110
When: July 28 from 9 - 11:00 a.m.
Cost: $0

To register, click
here.

 

 

 

Certification Made Simple


This workshop is offered monthly. It guides participants through the application process for state certification as either a Minority or Women Business Enterprise (MBE/WBE). It is presented by Curtis Burwell of the Pennsylvania Department of General Services, Bureau of Minority and Women Business Opportunities (BMWBO).

Where: Harrisburg Regional Chamber & CREDC, 3211 North Front Street, Harrisburg, PA 17110
When: August 4 from 9:00 a.m. - noon
Cost: $0

To register, click here.

 

 
 

Thank you for taking time out of your busy schedule to read our newsletter. We appreciate your participation in the KU SBDC community.

 

Sincerely,


Ernie Post, Director
Kutztown University Small Business Development Center