Considering Purchasing an Existing Business?

  “Due Diligence”……the most critical period during a business purchase is also the perfect time to call the Alaska Small Business Development Center. When entering the phase of due diligence, a business owner turns over all balance sheets, income statements, and business tax returns to a potential buyer.  It is during this time when the … Continue reading "Considering Purchasing an Existing Business?" More

Your Social Strategy: Answer these Questions Before Creating a Business Page!

With the growing number of social media platforms, it can be tempting to set up an account on each and every one to increase your web presence. However, it is important to make sure you have the time and resources needed to keep each of your accounts up to date. As a business owner- ask … Continue reading "Your Social Strategy: Answer these Questions Before Creating a Business Page!" More

The Great Reveal: How Benchmarking can Help You Manage Your Business

Benchmarking is the process of evaluating or checking (something) by comparison with a standard. As a business owner there are many items that you could consider benchmarking but if you know and can focus on the key performance areas that are important to your business there will be a higher return for your efforts. If … Continue reading "The Great Reveal: How Benchmarking can Help You Manage Your Business" More

A Sweet Start to the Season for this North Pole Shop

Mrs. Claws Chocolate Bar has swung open its doors to embrace the spirit of the season and offer extraordinary chocolate confections from the heart of North Pole. Under the creative and handcrafted touch of Melissa Sonnek, the shop welcomes chocolate lovers of all ages to relax by the warm and crackling fireplace, enjoy a hot … Continue reading "A Sweet Start to the Season for this North Pole Shop" More

Looking to create a prototype?

Do you have an invention or idea that you’d like to turn into a reality? The Alaska seed fund can help you do just that! Applicants can be awarded up to $20,000 to fund their prototypes in Alaska. Learn more here at www.alaskaseedfund.com. More

The Top 10 Financial Ratios for Business Owners

Financial ratios are important, but often overlooked by small business owners.  When accurate figures are applied, these calculations are useful to determine a firm’s performance and financial situation.  Comparing financial ratios with industry benchmarks can be critical in identifying areas of strength and weakness.  In some instances, ratio analysis can even predict future bankruptcy.  This … Continue reading "The Top 10 Financial Ratios for Business Owners" More