Alaska Small Business Development Center
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Legal Aspects: Buying & Selling a Business
...depends on the buyer’s financial strength. If the buyer defaults on the loan, the seller seizes and sells the secured assets to pay off the loan. Stock/Membership Interest Sale or Asset Sale Along with financing, the buyer and seller have to choose either an asset sale (including trademarks, copyrigh...
Choosing a NAICS Code for Your Small Business
...license. How do I find my LOB/LOW? Go to https://www.census.gov/eos/www/naics/. This link will direct you to the US Census Bureau’s NAICS search engine. Enter the type of business you are doing and choose from the list that comes up. You will want to look through the list of NAICS
Is your goal to buy or sell a business?
...might include business tax returns and the ending balance sheet for each year, Profit & Loss Statement (P&L), Cash Flow Statement and a copy of the business plan, if available Be prepared to discuss monetary information Your advisor will need to know how much cash available you have to
Contact Us
...ve, Suite C Fairbanks, Alaska 99701 Jade Greene, MBA, PHR, SHRM-CP Fairbanks Center Director email | message We’re Hiring! Fairbanks Business Advisor email | message Juneau Center (907) 463-3789 info@aksbdc.org message this office 3030 Vintage Blvd. Suite 100 Juneau, AK 99801 We’re Hiring! Juneau Cen...
Are you ready to file your business income tax return?
...ments are reconciled and that your account ledger balance for the year ended accurately reflect your company performance for that period. Make sure document support is properly filed – Proper maintenance of accounting document support is important and often overlooked by business owners. Proper maint...
Use Your Website to Build Relationships and Watch Sales Soar
...so it’s a win-win!) Educating is the number one way to add value, gain credibility, earn trust, and a whole host of other elements essential to creating rapport. If your site isn’t a content-rich site full of educational, valuable information (did I mention free), then what the heck are
How to Get Your Invention Funded
...mpanies have won the fewest of any state with only 80 awards since program inception. The next lowest state is West Virginia with 211 and Mississippi with 257. The SBDC TREND (Technology Research and Development of Alaska) recently won a FAST (Federal and State Technology Partnership Program) grant t...
Free Tax Information using Bidawiz
...ble gain on the transfer of $10,000 ($20,000 sale price minus $10,000 adjusted basis) that must be reported as ordinary income from depreciation. You report $10,000 of your $30,000 depreciation as ordinary income on the transfer of the property, so the remaining $20,000 depreciation is carried over t...
BuyAlaska is Back!
...tate. It has never been more important to support buy-local efforts and to make it easy for Alaskans to find and purchase from local vendors. The BuyAlaska webpage at BuyAlaska.com seeks to provide access to statewide small businesses and to educate consumers about the direct benefits of keeping our...
Blaines Art in Anchorage Closing Black Friday
...on November 28th and post it on any social media site using the hashtag #BuyAlaska. There will be a drawing to give away Buy Alaska swag and gift certificates from the local small business community. If you’re a business interested in joining our event, please shoot an email
Can Small Businesses Survive on Facebook?
...dIn, Google+, Pinterest and Tumblr. are the top 5 sites after Facebook according to eBizMBA Rank. What works for you will depend on your business and your clients. Businesses with a lot of naturally visual content that people like to share (restaurants, clothing stores, photographers, etc.) do well o...