Alaska Small Business Development Center

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Legal Aspects: Buying & Selling a Business

...loan. Another option is owner financing where the buyer makes a down payment and signs a promissory note to pay the remaining amount. The seller secures the loan with cosigners on the note, a personal guarantee, first or second mortgages on the buyer’s home or other real property, a ...

Ann’s Discount Center

Ann’s Discount Center: One-of-a-kind Shopping in Ketchikan Annabelle and Jon Clark, long term residents of Ketchikan, saw a need in the community for a discount retail store much like TJ Maxx or Marshalls. It took just a little over a year to bring it all together and Ann’s Discount ...

Check out our newest client profile: Ann’s Discount Center

...le over a year to bring it all together and Ann’s Discount Center was open in mid-April of 2017. Although the inventory is always new and different, the store continuously carries a selection of clothing, household items, small electronics, bedding, pet supplies, luggage, boots, toys, and more with t...

Small Business FAQs

...them. For instance, if someone from Wasilla goes online to buy from your website, you will not need to collect taxes for Wasilla. However, if you are in Wasilla, you will need to collect taxes for Wasilla and the borough. Also if you go to Wasilla you would need ...

Happy AANHPI Month!

...uding access to: Experienced Business Advisors (no-cost one-on-one advising) Working with an Alaska SBDC advisor can provide AANHPI business owners with a valuable sounding board, insights into industry trends, and help with developing marketing strategies. Alaska SBDC Advisors further assist clients...

There’s No Place Like Home (Page)!

...e itself. Treat – “Greet, Meet, and Free-Give-Away-to-Grow-Your-List” just didn’t have a very good ring to it, so “treat” it is. If you haven’t guessed, in a perfect world you’ll want to get the email of every visitor to your site (and their permission to continue sending them educational ...

Empowering Small Businesses: Alaska SBDC’s Guide to Robust Web Integration

...NEW workshop! Make Your Website Work for You – No-cost Safeguarding with Cybersecurity Cybersecurity is a critical aspect of robust web integration. Recognizing this, the Alaska SBDC provides valuable resources and workshops on cybersecurity for small businesses. Entrepreneurs can learn essential te...

Be Happy Home Maintenance

...uld bring in the most for his company overall and make sure his price points would allow him to grow effectively. After completing the projections Bishop had the information and guidance he needed to decide to purchase another business and assimilate its client base into his own. “SBDC was ...

All Clear Home Inspections

...of their way. Having just bought a house I know how critical the home inspection is to close the sale; I expect realtors who work with All Clear are going to close fast and have happy home buyers and sellers for years to come.” As a member of local ...

Midnight Sun Home Care

...everal challenging times.” In conjunction with one-on-one advising sessions with our Business Advisors, Kevin also benefitted greatly from the SBDC’s most popular financial course, Profit Mastery as an attendee in 2012. The course takes clients step by step through the financial statements of their b...

Is your goal to buy or sell a business?

...eller. This allows the seller to turn over to the buyers all financial documents in a confidential manner Obtain 3-5 years of financials from the seller This might include business tax returns and the ending balance sheet for each year, Profit & Loss Statement (P&L), Cash Flow Statement and ...

All Grown Pup: Home Away From Home Expands Their Location

...able business. When it comes to furbabies, it’s no different. That’s why Timothy and Julie Ebben opened up Home Away From Home K9 Daycare & Boarding 8 years ago. Read on…...

The Top 10 Financial Ratios for Business Owners

...health of your firm. Industry benchmarks in this article were taken from ProfitCents, a financial analysis tool available at no-cost through the Alaska Small Business Development Center. Written by Cliff Cochran, Business Advisor...

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 ...

FAQs About the Alaska SBDC

...EI). SBDCs are nationwide and offer one-on-one, no-cost confidential counseling, low-cost workshops, and reference libraries. SBDCs are part of the nation-wide Association of Small Business Development Centers (ASBDC), which works on behalf of the SBDCs nationwide to support small businesses. How doe...

Choosing A NAICS code

...n. First thing I recommend is to go here: https://www.census.gov/eos/www/naics/ . This link will direct you to the US Census Bureau’s NAICS search engine. Here you can simply enter what you are doing and choose from what comes up. You will want to look through the list of codes ...

Sea Fur Sewing

...ld who can harvest and produce it. By learning to price his fur at the right price point, Sea Fur Sewing honors both the customer and culture. The last two years have allowed Robert to provide his services as an independent contractor and provide fur – hand and machine ...

This Holiday Season, BuyAlaska

...robust and resilient. This is achieved through: No-cost Business Advising No-cost and Low-cost Workshops (no fee for military and veterans!) No-cost Tools and Resources BuyAlaska: A Statewide Movement BuyAlaska, a statewide initiative hosted by the Alaska SBDC, goes hand in hand with this mission. By...

‘Buy Alaska’ makes the case for local resiliency, growth (KCAW)

...an-owned businesses is available here! And of course, learn more about BuyAlaska at www.buyalaska.com...

Alaska SBDC On-Demand Workshops Are No-Cost Through April

...Businesses Alaska SBDC On-Demand Workshops Are No-Cost Through April (March 19) SBDC Updates Regarding SBA Disaster Relief Loans (March 18) Mayor Berkowitz’s Emergency Order (March 16) Alaska SBDC Tips for Food Businesses Impacted by COVID-19 (March 16) Alaska SBDC Newsletter on Mayor Berkowitz’s Em...