Understanding Business Insurances

In the general context of business planning, and also in the specific contexts of business continuity planning and succession planning, one of the topics that we at the Kansas SBDC frequently discuss with clients is the importance of having necessary and appropriate insurances.  Often, we recommend business owners confer with several members of their BAIL team about insurances. (BAIL is the acronym for Banker, Accountant, Insurance agent and Lawyer; but a BAIL team is a business's group of  key advisors...

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Learning About Exporting

At the Kansas SBDC, we offer a wide variety of resources and training to help our small businesses identify and manage opportunities for growth such as those opportunities present in international markets. On July 28th,  John Addessi, Certified Global Business Professional with America's SBDC Kansas, presented The Riddle of The Exporter in Manhattan. Thank you to John and to everyone who attended for making it a great seminar! Attendees walked through the steps of how to find important information for determining whether entering...

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Primary Color: Exporter of Music

Earlier this year, Primary Color Music won the KU KSBDC Existing Business of the Year Award. The Kansas SBDC Business of the Year awards honor businesses based on their successful performance and good corporate citizenship.  I had the pleasure of interviewing PCM founder Sam Billen for this article. Lest anyone think that the only exporters in Kansas are either in the aircraft industry or agriculture, let me call attention to Primary Color Music. PCM is a music composition and design...

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Export: A Growth Area for Small Businesses

  According to the U.S. Commercial Service, small businesses “have vast untapped export potential.” Despite the fact that many people associate international trade with large companies, big businesses make up only a small portion of U.S. exporters. Although fewer than 1% of U.S. businesses export, small to medium-sized businesses account for 98% of the number of U.S. businesses exporting. This should encourage small business owners who view the prospect of entering global markets as terribly daunting. Export is not just...

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