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Success Connection |
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May 2011
Issue XCIII
May 12,
2011 |
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"Real success is finding your lifework in the work that you
love."
David McCullough |
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Featured Workshops for Spring 2011
How to Win SBIR Awards
Equipping entrepreneurs and company top management to WIN
SBIR/STTR awards(not just write the
proposals). These workshops, designed
for researchers and/or high tech companies, those familiar
with SBIR/STTR programs and those
interested in commercialization of new
technology, will be presented by a Nationally recognized SBIR/STTR
Expert.
The instructor, training media and 100-page workbook will
be provided by the SBIR Resource
Center®, the nation's leading supplier
of business development resources to the
SBIR/STTR community. See what past
attendees have said about this
highly-acclaimed event at
http://sbir.us/course/workquot.html
Where:
TEK Park, 9999 Hamilton Blvd.,
Breinigsville, PA 18031
When:
May 19, 2011
Cost:
$325 early bird pricing through 5/16/11,
$375 after 5/16/11
$150 discount if you live or work in PA
or
Where:
Chester County Economic Development
Counci, 737 Constitution Blvd, Exton, PA
19341
When: June 2, 2011
Cost: $325 early bird
pricing
$150 discount if you live or work in PA
Click here
for more information about these
sessions.
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Pennsylvania Budget
On March 8, 2011, New Pennsylvania Governor Tom Corbett
released his proposed budget
for fiscal year 2012. In an
effort to keep our
stakeholders informed, the
Kutztown University SBDC
will release editions of our
monthly newsletter more
frequently over the next few
months.
BUSINESS NOTES
Having a Hard Time getting a loan? You're not the only
ones...
According to an April 4
article, the Kaufmann
Foundation, The world's
largest longitudinal survey
of new businesses identified
a marked increase in 2009 in
firms being denied bank
loans or credit due to
tougher lending restrictions
- and firms not applying for
needed loans because they
feared being denied. You can
read the rest of this
article on how firms are
investing in "Intangible
assets"
here.
Creative Ways to Stretch Your Marketing Budget
Innovative ways some business owners are using to stretch
their marketing dollars:
Take advantage of technology
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- 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
Small 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.
For more information on
these programs, and to see
if you qualify, please read this
article.
Cut in Payroll Taxes will Boost Take-Home Pay for Most
Workers
Congress recently reached an agreement that cut the
Payroll Tax for 2011 from
6.2 percent to 4.2. For more
information on how this
impacts you, please read this
article from the IRS.
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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.
BUSINESS NOTES |
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Business Planning (Part IV) - Financing the Business
& Feasibility Decisions
This is the fourth and final workshop of the Business
Planning Workshop Series
that began on April 21.
Registration is
available for each
workshop or for the
entire series.
Where: Chester County Library, 450 Exton Square Parkway,
Exton, PA
When:
May 12 from 6:00 to 8:30
p.m.
Cost: $25.00
For more information, or
to register for this
session ONLY, click
here. |
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Your Fair $hare: Doing
Business with Public
Universities
The event is sponsored by the KU Purchasing Department
and developed for small,
minority and women owned
businesses. Attendees
will learn how to:
become a PA Department
of General Services
certified vendor, learn
how to do business with
the Commonwealth of PA
and commonwealth
universities, how they
can increase and market
their business, and how
to go about obtaining
financing. The Keynote
Speaker will be State
Senator Pat Brown.
Where: The Academic Forum Building, Kutztown University,
Kutztown, PA 19530
When: May 19 from 8:30 a.m. to 3:00 p.m.
Cost: $0
For more information, or
to register for this
workshop, please click
here. |
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Moving Up in State
Government Contracting
The Bureau of Minority & Women Business Opportunities
is conducting a workshop
where small business
owners can learn:
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How to read and
understand Request for
Proposals (RFPs)
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How to write effective
proposals
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Find and market your
company to Commonwealth
agency heads, purchasing
agents, and RFP
administrators Learn the
Do's and Don'ts on
becoming a prime
contractor for the
State.
Where: 3211 North Front Street, Suite 201, Harrisburg,
17110
When: May 24 from 9:00 a.m. to Noon
Cost: $0
For more information, or
to register for this
workshop, please click here. |
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SBIR
& STTR Program
Information Sessions
These webinars with simultaneous teleconferences will
provide information on
the Small Business
Innovation Research
(SBIR) and Small
Business Technology
Transfer (STTR) programs
to help you determine
whether or not these
initiatives are right
for you.
Where:
Webinar with
Simultaneous
Teleconference
When:
May 10 OR 24, 2011
Cost: $0
Click here
to register for one of
these sessions. |
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The First Step: How to
Start and Operate a
Small Business
If you are in the early
stages of thinking about
starting a small
business, this workshop
is for you. In fact,
even if you have started
your business and are
realizing that you
missed a few things,
this workshop is still
right for you.
This workshop will
provide an overview of
the things you need to
know and the skills you
need to have to manage a
small business. Subjects
include: legal and
accounting issues,
organization, and
management. The workshop
offers you the
opportunity to practice
networking with other
entrepreneurs. Existing
business owners can use
this workshop as a
"checkup" on their
operations. This
workshop is presented in
partnership with the
Small Business
Assistance Center.
Where:
Chester County Library,
450 Exton Square
Parkway, Exton, PA
When: May 25 from 6:00 to 8:30 p.m.
Cost:
$15.00
To register, click here. |
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The First Step Workshop
This live workshop
highlights the SBDC
process, learning
resources, and we will
direct you to the SBDC
services you need. Some
topics covered are:
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Funding of the SBDC
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Owning a Small
Business
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Business Structures
-
Legal Issues
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Business Financing
-
Business Planning
The outcome of the session will be a clear
understanding of your
next steps to take.
REGISTER NOW TO START
THE PROCESS -YOUR
SUCCESS IS OUR MISSION
Where:
Berks County Community
Foundation Building, 237
Court Street, Reading,
PA 19601
When:
May 26 from 6:00 to 8:00
p.m.
Cost:
Free
To register, click here. |
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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:
June 1 or July 6 from 9
a.m. - noon
Cost: $0
To register, click
here. |
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Business Planning: A
Series of 4 Workshops
The Business Planning Workshop Series contains the
following four
workshops:
June 2 - Business Plan for Success
June 9 - Marketing your Product, Service, and Company
June 16- Financial Management
June 23 - Financing the Business and Feasibility
Decisions
Where: Chester County Library, 450 Exton Square Parkway,
Exton, PA
When: June 2, 9, 16,
and 23
Cost: $80 for the
series, or $25 for each
individual workshop
To register or for more
information on the
workshops, click here.
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Business Planning (Part I) - Business Plan for
Success
This is the first workshop of the Business Planning
Workshop Series that
runs through June 23.
Registration is
available for each
workshop or for the
entire series.
Where:
Chester County Library,
450 Exton Square
Parkway, Exton, PA
When:
June 2 from 6:00 to 8:30
p.m. Cost: $25.00
To register for only
this workshop and NOT
the entire series,
click here.
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Business Planning (Part II) - Marketing Your Product,
Service and Company
This is the second workshop of the Business Planning
Workshop Series that
begins on June 2 and
runs through June 23.
Registration is
available for each
workshop or for the
entire series.
Where:
Chester County Library,
450 Exton Square
Parkway, Exton, PA
When:
June 9 from 6:00 to 8:30
p.m.
Cost:
$25.00
For more information, or
to register for this
session ONLY, click here.
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Accounting Requirements for Federal Contractors
Kevin Grimes explains the role of the Defense Contract
Audit Agency (DCAA) and
the expectations of a
contractor's accounting
system. Mr. Grimes is a
Compliance Consultant
with CFO Leasing, Inc.
He has over 10 years of
accounting experience
and specializes in DCAA
compliance and
accounting system
implementations and
migrations. This program
is designed to assist
business people in
establishing an
accounting system that
will be found acceptable
by the federal
government. This
presentation is
recommended for
corporate accountants,
payroll personnel, and
small business owners
who perform their own
bookkeeping functions.
Topics
covered include:
Segregation of Costs
Unallowable Costs
Direct/Indirect Costs
Allocation Pools
Timekeeping Requirements
Financial Capability
Audits and SBA
Certificate of
Competency
Where:
CCEDC, 737 Constitution
Dr. Exton, PA 19341
When:
June 10 from 9:00 a.m.
to noon
Cost:
$0.00
For more information, or
to register, please
click here.
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Government Contracting: "Accounting System Requirements
and Current Issues"
An intermediate to advanced level seminar that will
explore government
accounting system
requirements, recent
regulatory changes/court
cases, and how to get
equitable price
adjustments.
This event is
co-sponsored by SEDA-COG,
who will handle
registration. See the
registration form here
for more information on
how to sign up for this
event.
Where:
3211 N. Front St. Suite
201, Harrisburg, PA
17110
When:
June 10 from 1:30
p.m-4:30 p.m.
Cost:
$15.00
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Thank you for taking time out of your busy schedule
to read our newsletter.
We appreciate your
participation in the KU
SBDC community.
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Sincerely,
Ernie Post, Director
Kutztown University
Small Business
Development Center
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