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We had a great SBDC Day last Wednesday! In case you missed it
see below for our 2018 statistics and some of our client's stories.
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Client Success: Purchasing an Existing Business
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Carpet One of Redding
Business Woman Seeks Ownership:
Mrs. Dapkewicz came to the SBDC for help when she was looking at purchasing the business "Carpet One of Redding" from her parents. She was obviously familiar with this company that sells and installs flooring and accessories such as carpet, tile, hardwood, area rugs, and window treatments. In fact she had been working for "Carpet One" for several years. But even with her connections and expertise about the business, she knew that she would need help to obtain the large amount of capital she needed to buy the business (over 1 million).
How the SBDC (Small Business Development Center) Helped:
Mrs. Dapkewicz met with the Shasta-Cascade SBDC's loan specialist Joe Rodola at the end of 2017 to get help on her loan process for purchasing the existing business. They went over Amy's current situation, helped her create a two year financial forecast for the loan application, assisted her with her business plan, and then Joe continued to assist her in the long process to get her large loans approved. In April Amy had all her paperwork ready for the initial application for the loans. After working on all the conditions for loan approval, she received the approval for the final piece of the loans in August of 2018.
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Success in Large Numbers:
These loans were a combined 1.2 Million from Tri-Counties and the SBA to cover the costs of purchasing the business. Not only did she continue the legacy of her parents in the ownership of the company but she was also able to utilize some of the original employees for a total of 4 full-time and 6 part-time employees. That's excellent news for Amy and the Redding economy.
"Thanks to Joe and the time we took together to do the two years projections and business plan, we were able to get the loan processed through Tri-Counties. It took a lot longer than we anticipated, but you hung in with us and made the journey bearable. Thanks again for all of your help." -Amy Dapkewicz
http://www.carpetoneredding.com/
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Check out our 2018 stats!
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Here's what else has been happening in Shasta and Trinity Counties
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...And across the United States.
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Marketing and Beyond
Marketing is a key component of a successful business that every owner must fully understand.
However many businesses are investing in various marketing tactics and still are not seeing the sales they desire.
This workshop will provide attendees
with an introduction into the various
elements under the "Marketing Mix" and
how they all work together to support a
marketing plan.
We will also touch on the misconceptions
between Advertising, Branding, Public
Relations, and other functions that are
used to reach customers, drive sales,
and make those cash registers ring.
Instructor: Lani Lott, SBDC Consultant
Date: 4-4-19
Time: 5:30-7:00 PM
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This workshop made possible through generous underwriting by Wells Fargo.
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QuickBooks Online
For Small Business Owners
This workshop will help you learn the skills needed to set up QuickBooks Online for your
company, perform fundamental bookkeeping tasks, understand file management and use some of the more advanced features of QuickBooks Online.
Ideal Participants for This Workshop:
Beginning QuickBooks Online users who want to expedite the setup process and begin using QuickBooks for their cash based business.
*Note: This workshop covers the Online version of QuickBooks. Not
recommended
for those interested in using QuickBooks Desktop.
Instructor: Rebecca Lehman, SBDC Consultant
Date: 4-11-19
Time: 5:30-7:30 PM
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This workshop made possible through generous underwriting by Wells Fargo.
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How to Start your Business
A brief introduction to entrepreneurship and the creation and development of new business ventures. Includes a high level overview of the critical success factors for entrepreneurs, including business structures, the development of the business plan, and permits and licensing procedures.
Instructor: Joe Rodola, SBDC Consultant
Date: 4-18-19
Time: 5:30-7:00 PM
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This workshop made possible through generous underwriting by Wells Fargo.
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Contracting with California State Government
The state of California is the fifth largest economy in the world!
State agencies procure everything from construction and
fencing to marketing and pest control services.
They even buy goats for grazing.
If you sell it, they probably buy it!
You Will Learn How To:
- Find, bid on and win state government contracts
- Navigate Cal eProcure
- Easily get certified as a Small Business or Disabled Veteran Business Enterprise (SB/DVBE)
- Market your business to state agencies
- Advertise to prime contractors
- Receive free procurement assistance from Norcal PTAC and the Caltrans DBE Support Program
Date:
4-3-19
Time: 9:00am-12:00pm
Location:
Caltrans District 2 Office
707.826.3916
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Employee vs. Independent Contractor: What California Companies Need to Know - Webinar
Workers come in many varieties. This workshop will provide key insights into the differences between employees, interns, volunteers independent contractors. We will specifically discuss the new CA ABC independent contractor test and how you can grow your company while complying with the myriad of state and federal regulations.
Join us!
* Gain a thorough understanding of the difference between employees and contractors.
* Practice applying the new ABC Independent Contractor test.
* Find out about resources for hiring employees and contractors.
* Receive a comprehensive handout showing the laws.
Date:
4-24-19
Time: 12:00pm-1:00pm
Contact:
530.926.6670
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More classes coming soon. To stay up to date, go to our events page here.
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In addition to the workshops above we also provide FREE one-on-one consultation to assist local entrepreneurs in growing their business. This service is for current business owners as well as those who are looking to start a business. If you are interested in getting assistance with your business, give us a call at
(530) 222-8323 or visit our website at
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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA or HSU Sponsored Programs Foundation.
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Funded in part through a cooperative agreement with the Governor's Office of Business and Economic Development (GO-Biz). All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of GO-Biz.
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Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact Emily Christensen at 530.222.8323 or [email protected]
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