SBA Disaster Assistance

Thank you to Michael Aumack from the Wichita District Office of the SBA for providing information for this article. Update for Clay, Geary, Marshall, Pottawatomie, Riley, Wabaunsee and Washington counties.  Passages quoted below are from the U. S. Small Business Administration News Release Number:  KS 15692-01, dated September 17, 2018. "Low-interest federal disaster loans are available to Kansas businesses and residents affected by flash flooding, flooding and severe storms that occurred Sept. 1-3, 2018, announced Administrator Linda McMahon of the U.S. Small...

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7 Things Women Business Owners Should Embrace

The third full-week in October is National Business Women's Week. As an advisor to small business owners, many of whom are women, and as a woman business owner myself, I try to note issues that I observe resonating with women in this circle.  Based on these observations, here is some advice with which I think that experienced business owners would largely agree. 7 Things that Women Business Owners Should Embrace Making Money  While it feels good to be able to give...

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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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Helping Millennials Start Businesses

Half of all millennials want to start their own business within the next several years, according to a study conducted by the Center for Generational Kinetics in conjunction with America's SBDC - and we love to help! Millennials cited two main areas in which they want help in order to achieve their goals of business ownership: assistance with business planning and accessing capital for start-up funds. At the WU KSBDC, these are two of the areas of advising in which...

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Learning About Resources for Capital

We at the Washburn University KSBDC are very excited about our upcoming event,  Access to Capital for Small Businesses, which will be taking place September 26th in Manhattan. Access to Capital is a half-day educational and networking event for the following: anyone who might open a small business within the next few years current small business owners who need to work with a bank to manage cash flow cycles current small business owners who are thinking about remodeling, relocating, expanding, or...

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Access to Capital for Small Businesses: Looking for Loans, Grants or Investors

Access to capital is vital to the health of small businesses for many reasons including to help with start-up costs, to manage cash flow cycles, for renovation or relocation expenses, to fund expansion into new markets, and to support research and development costs. Without adequate capital, a small business can fail to get off the ground, make it through seasonal downturns, be sufficiently profitable to stay open, have a strong enough presence to take on competitors or  grow to reach its...

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