Alaska Small Business Development Center

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Legal Aspects: Buying & Selling a Business

...l the business. It also allows the seller and the buyer to come up with a price for the business. Sale Price The sale price is the key item of the sale. If the buyer and the seller can’t agree on a price, then there will be no sale. ...

Small Business FAQs

...ully (see “What kind of business license should I buy”). However if you’ve already gone through the steps and are certain you’ve chosen the right type, you can obtain your license online by visiting the Alaska Division of Corporations and Professional Licensing. Do I need any additional permits or ...

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 ...

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 ...

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

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

The Top 10 Financial Ratios for Business Owners

...’s ability to convert sales into earnings for the company. It determines a company’s overall profitability and performance, taking into account profit and overhead expenses. A net profit margin of 10% indicates that for every dollar of revenue generated by the firm, $0.10 was created for shareholders...

Mat-Su Landscaping and Lawn Maintenance, LLC

...the correct decision when it came to deciding to buy the shares of this company. She helped us foresee what we would be doing financial-wise and how we could best spend our money. We enjoyed having Julie as our advisor and we will never hesitate to reach out to ...

Shopping Small for 2020 Holiday Season Needed More Than Ever

...his year to make sure gifts arrive in time. Allow extra time for in-person visits – if you opt to mask up and visit your local businesses to purchase gifts, plan for extra time as stores need to limit the number of guests inside. Order takeout – enjoy food ...

Los Chanchitos

...his visit to Seward in 2021, Peter John Cavaretta used his entrepreneurial skills and determined spirit to quickly form a business model to fill a community need. “KellyAnn at the Alaska SBDC helped me put together a financial model with projections to prepare for a loan for my new ...

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...

Bateau Bridal Boutique

...solid” said Stamm, “They gave us the support and extra attention we needed to make us confident in moving forward with our business idea. We would’ve never proceeded and closed on our small business loan if it wasn’t for them”. Bateau Bridal Boutique is officially open for business and ...

BuyAlaska is Back!

...hase 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 dollars in Alaska. The BuyAlaska group is made up of organizations and individuals from all over the state, and new m...

Blue & Gold Boardshop

...he dream,” said Borgstede. “The SBDC provides fresh eyes and another perspective that’s backed with experience”. Blue & Gold not only sells top quality gear but is a place for the boarding community to come together. Check out the space via their Cribs-style video or visit them in person ...

Is Alaska the 49th State of this Startup Nation?

...eneurial spirit that spawned numerous high growth companies and that created a complex and diversified regional economic base. Of course, the economy still ebbs and flows with the automotive and manufacturing sector, as that is the yarn from which the region was woven; however the diversification in...

What Gilmore Girls taught me about Small Business

...and hospitality but also added a little something extra to set them apart from the rest. Their stable, complete with two horses (Desdemona and Cletus) offered their guests an extra incentive to choose the Dragonfly. Persistence Lorelai is a lesson in persistence and finding alternative ways to make a...

Midnight Sun Home Care

...bility of care for so many people means making an extra effort to carve out time to maintain the health of it’s operations as well. Kevin has met with several SBDC business advisors throughout the years to work on financial projections and set goals for the business. Most recently, ...

Instructions for Phase 0 Application

...ll be reviewed and scored by a confidential TREND Committee comprising a diverse range of Alaskan experts across entrepreneurship, science, government, and industry. This confidential review process mimics that of the broader SBIR process. Submission Instructions Your cover letter and all required do...

HeBrews Christian Cafe

...d memorable whim is found with each handcrafted sandwich served with a side of popcorn instead of chips! HeBrews Christian Cafe is located at 490 S Knik-Goose Bay Road in Wasilla serving their community through love, southern hospitality, and great food. Open Monday-Friday, 7:00 am – 7:00 pm, swing ...

A Little Understanding Goes a Long Way

...ply because the laser’s energy is more tightly focused. It’s common to mistakenly believe that our brilliant ideas are brilliant business ideas, that we can pay someone else to take care of our numbers, and that “everyone” is a valid target market. Yet as much as we want to ...

Young’s Gear LLC

...the operating agreement and ways to evaluate the company. As Doug and Justin update and improve the business, Young’s Gear will continue to provide customers with quality service and care for many years to come. You can learn more about Young’s Gear, their services and it’s owners at their ...