Working With Banks: 8 Tips for Small Businesses

The WU KSBDC recently hosted a mini-conference on Access to Capital for Small Businesses. The event started with a panel of bankers discussing what small businesses need to know about working with banks. An issue of importance to many small business owners is the need for capital. The capital could be for purposes such as starting a new business, managing seasonal cash flow, remodeling, relocating, expansion or entering new markets, market research or marketing costs, bringing on more employees, modernization,...

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Who Needs an Exit Strategy? The Good, the Bad, and the Ugly of Business Transitioning

On August 24th, Karl Klein, Certified Exit Planning Advisor and Regional Director of the Washburn KSBDC was joined by Andrew Ellis (of Arthur-Green, LLP), Seth Gordon (of Sink, Gordon & Associates, LLP) and Dustin Taylor (of Kaninsurance) for a panel discussion on "Who Needs an Exit Strategy?" at the Manhattan Area Chamber of Commerce. Thank you to all four of the panelists for sharing your valuable expertise! Karl Klein started the discussion by answering the question at hand. Every business...

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Selling or Buying a Business

Getting ready to sell a business can be an emotionally-fraught experience for small business owners, especially for those who have put much of their lives into their businesses. Add to this the fact that frequently it is the case that the bulk of the owner’s (or owners') assets is tied up in the business and the result is that the handling the sale well is of tremendous import. There is a lot to know about how to get a business...

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