Alaska Small Business Development Center
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5 Small Business Financial Mistakes to Avoid
...place for your business. 5. Mixing your personal finances and business finances. As a small business owner, it’ll be tempting to combine all of your finances into a single entity. Unfortunately, this practice can cause a lot of financial trouble for your personal life and business. When you open ...
The Top 10 Financial Ratios for Business Owners
...tio measures the amount of debt a company uses to finance its assets. A ratio of 1.0 indicates the firm uses the same amount of debt as equity, meaning creditors have claim to all assets, leaving nothing for shareholders in the event of liquidation. The greater this ratio, the ...
SBA Offers Disaster Relief
...provide access to federal disaster loans to help finance recovery for businesses and residents affected by the disaster,” said McMahon. “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.” “Low-interest federal disaster loans are available to busin...
Meet Andrew Kerosky!
...tics, business analytics, marketing, and analytic finance. He also worked as a financial consultant and equity analyst at Gofen and Glossberg, an independent Registered Investment Advisor in Chicago. He says that of his favorite jobs ever was working at Classic Toys during the winter. Although it was...
SBA Achieves Historic Small Business Lending for Fiscal Year 2020 with More Than $1.4 Billion in SBA Alaska District
...approved for small businesses in Historically Underutilized Business Zones (HUBZones). More than $80 billion, or 15%, of total PPP dollars were approved to small businesses in rural communities. The Economic Injury Disaster Loan (EIDL) – which provides low-interest loans to businesses impacted by a d...
Advising
...ss those needs. Your Business Advisor will likely share helpful resources, tools, and even a checklist following your first session to ensure that you get started on the right track. To work with us, register at our client portal. Once you are signed up, our Alaska SBDC Business Advisor ...
Meet Beth Bennett!
...have different experiences along the way, you can share and learn a lot from each other.” About working with the Alaska SBDC team as their go-to graphic design specialist, she shared, “I have been incredibly inspired by the whole team effort at the Alaska SBDC. Their collective and genuine ...
Alaska SBDC and small businesses are taking on the pandemic together
...ated adapting to COVID-19.” Though bleak, Bittner shared, “On the bright side, an unprecedented amount of federal funding flowed into the state and to local businesses from the CARES Act in 2020. This resulted in 80% of the businesses surveyed who were seeking new funding in 2020 successfully securin...
Alaska SBDC and AEDC on PPP Changes
...are of funding is up nearly 60% For businesses in rural communities, the share of funding is up nearly 30% If you’re interested in applying for the PPP, we encourage you to take advantage of this 14-day window. If you’re just getting started, you’ll want to connect with a ...
2020 Annual Small Business Survey and Report
...impact on small businesses Anchorage, Alaska – February 2, 2021– As part of the Alaska Small Business Development Center’s commitment to collecting feedback from Alaska’s small business owners, the Alaska SBDC is proud to share its 4th annual Small Business Survey and Annual Report. More than 550 Ala...
Surreel Saltwaters
...n asked what they consider their favorite part of running their small business The Upicksouns explained it is all about “the joy it brings to people checking off their bucket lists.” With 9/10 guests returning, they are proud of the experiences they share with their customers. To learn more ...
AI Resource Center
...d by Anchorage Center Director Carlos Machuca and Rural Program Director Ian Grant, our tools have been deployed nationwide via other SBDCs to streamline advising while increasing client value. Working diligently in the field of AI-based business tools and training, this has not only been beneficial...
Wrangell Cooperative Association & FEMA Announce FEMA Assistance Now Available for Landslide Survivors
...h will reimburse the tribal government, on a cost-share basis, for emergency protective measures taken in response to the disaster. The Wrangell Cooperative Association has also been approved for additional funding, on a cost-share basis, for hazard mitigation measures. Additional designations may be...
In Memory of Alexander Salov, Anchorage Business Advisor
...countless entrepreneurs. Multi-lingual (English, Russian and Japanese), an adjunct Languages professor with the University of Alaska Anchorage, a member of the Consular Office of Japan in Anchorage, and a talented board member of the Anchorage Classical Guitar Society, Alex was deeply immersed in un...
Shop Small Saturday: Boosting Alaska’s Economy, One Local Purchase at a Time
...a of supporting local businesses is that it’s the world’s easiest sales pitch. Ask anyone where you should visit in their favorite town, and I’ll bet the majority of the places they mention are small businesses. Restaurants, event locations, shopping experiences, tourist attractions, retail stores, a...
UAF Arctic Innovation Competition awards your bright ideas
...Cub divisions, sponsored by Kinross Alaska, will share almost $4,000 in cash prizes and $14,000 in awards from Alaska 529 to start or add to an educational savings account. Whether drafting up something fun and creative or a logical solution to change the world, AIC is the place ...