We can make it happen | Calvin W. Goings

At the U.S. Small Business Administration (SBA), we’re all about helping small businesses start, grow and succeed.

At the U.S. Small Business Administration (SBA), we’re all about helping small businesses start, grow and succeed. Collaboration with SBA resource partners is essential because they provide quality one-on-one counseling, training and mentorship that can help unleash small business potential. In fiscal year 2014, these efforts helped small businesses receive more than $4.7 billion in capital infusion, start over 13,500 new companies and create and retain more than 70,000 jobs.

SBA resource partners are available to help build small businesses success and include SCORE, Small Business Development Centers (SBDC), Women Business Centers (WBC) and Veterans Business Outreach Centers (VBOC). Together, they counseled and trained over 1 million clients in fiscal year 2014.

 

SBA’s vast network of resource partners serve and mentor the dynamic demographics of the United States. From women, to Encore entrepreneurs over the age of 50, to veterans and millennial entrepreneurs, SBA resource partners have helped the small business community raise start up and growth capital, start new companies and sell billions of dollars in products and services globally.

One business that received SBA resource partner assistance is Michael Gray, who bought Denis Gray Trucking from his father. After being accepted to the SBA Emerging Leaders program – a seven-month executive education course for businesses poised for growth – Gray created and implemented a new pay model for his drivers. His driver turnover rate went from 100 percent from the same quarter the year before (the national average is 90 percent) to 14 percent, and he’s been able to hire five more highly-qualified drivers.

Since graduating from the Emerging Leaders program Michael has worked with a SCORE counselor and meets weekly with an SBDC counselor. Thanks to their guidance, he has hired three additional office staff, put new accounting and budget practices into place and expanded his business into specialized loads, which are beginning to produce high profits for the company.

So, if you’re thinking of starting, growing or managing a small business, connect with your local SBA District Office at www.sba.gov/local who can connect you to the nearest SBDC, SCORE chapter, WBC or VBOC to empower your next small business move.

 

 

 

More in Business

Carbon fee hurts businesses and families | Don Brunell

A carbon tax would raise over $610 million in its first year and jump to $761 million by 2023, but the added cost from the initiative over 15 years is projected to be 57-cents a gallon.

Firehouse Pub: slight change of address but atmosphere remains the same

It was quite the project, renovating the pub’s new home.

Enumclaw’s QFC debuts home delivery service

The first order is free, but other orders will come with a charge.

Boeing’s venture into hypersonic jets | Don Brunell

The company’s come a long way since nearly crashing the company with its first attempt at supersonic flight.

Avoiding trouble while Tweeting | Don Brunell

Your social media can hurt you or help you when looking for a job.

Lampson beating odds for family-owned businesses | Don Brunell

According to The Family Firm Institute, only about 30 percent of family-owned businesses survive into the second generation and fewer than 12 percent are still viable into the third generation.

Much-needed dose of Yogi Berra’s wisdom | Don Brunell

We need less sarcasm and to alleviate the vilification of one another that we constantly witness in the news and on social media.

Trade wars hit state’s cherry growers hard | Don Brunell

Earlier this year, President Donald Trump imposed a 25 percent tariff on $34 billion of Chinese imports to punish China for its alleged predatory tactics toward American technology companies.

Columbia River treaty talks too vital to ignore | Don Brunell

The United States and China are currently renegotiating the Columbia River Treaty.

Bellevue company patent infringement win gives small investors hope | Don Brunell

Until recently, our courts have been little help to patent owners.

Podiatrist opens Enumclaw practice

Go see Dr. Bock at 853 Watson Street North, Suite 100.

American giving has surpassed $400 billion | Don Brunell

“Americans’ record-breaking charitable giving in 2017 demonstrates that even in divisive times our commitment to philanthropy is solid.”