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National Small Business Week Conference September 22-24

SBA Announces Registration for National Small Business Week Virtual Conference September 22-24 

 

WASHINGTON – As part of National Small Business Week, the U.S. Small Business Administration and cosponsors will host all virtual events September 22-24, 2020. This year’s National Small Business Week activities will include numerous educational panels providing retooling and innovative practices for entrepreneurs as our nation’s small businesses look to pivot and recover, contributing to a stronger economy. The event will recognize the national award winners, including the naming of the National Small Business Person of the Year.

The National Small Business Week event schedule includes three days recognizing America’s outstanding entrepreneurs, shining a spotlight on the nation’s 30 million small businesses across the country.

Details and registration information will be posted on https://www.sba.gov/NSBW as events are finalized. 

Tuesday, September 22, 1 p.m. EDT – “Pride in America’s Small Businesses”

Day’s events include:

National Small Business Week Welcome - SBA Administrator Jovita Carranza

Keynote Address

National Small Business Week Awards Presentations

 

Wednesday, September 23, 9 a.m. EDT – “Preparing for a stronger tomorrow: Recovery, Adaptation, and Innovation”

Day’s events include:

Panel Discussion Series - America’s Strength, Learning to Pivot and Innovate

Mid-day Sessions - SBA’s Veteran Resources and Veteran Success Story Videos

 

Thursday, September 24, 9 a.m. EDT – “Preparing for a stronger tomorrow: Recovery, Adaptation, and Innovation”

Day’s events include:

Panel Discussion Series - America’s Strength, Learning to Pivot and Innovate

Mid-day Sessions - The Business Landscape of today and Federal and Local Resources to Empower Small Businesses

 

 

CDR Welcomes New Board Member

Terry Uland has joined the Board of Directors for Community Development Resources.  CDR welcomes Terry to the Board.

New Year - New Business? "Planning" is the First Step!

By Wayne Bell, Acting Regional Administrator, U.S. Small Business Administration

 You want to start a business! You are passionate about the product or service you want to sell!  Maybe you even have a hobby with a customer or two already – and this makes you so passionate you want to start right away!

 Passion is good, and often the most successful small business owners express this deep-felt desire to start a business. Sometimes, though, doing some upfront planning can mean the difference between success and failure. So what can you do as a first step to increase your chances of success?

 Many first-time entrepreneurs are surprised to find out the first step recommended to entrepreneurs by the U.S. Small Business Administration on its website.  It is not picking a business name and business structure, calculating start-up costs, writing a business plan or finding financing, although each of those steps have a place.

 The SBA recommends doing research.  And we recommend the two types briefly explained here. 

Market Research

First, SBA recommends conducting market research to see if your idea might have potential customers in the area in which you hope to do business.  This step helps you determine whether the body of your knowledge about your product or service really has strong enough legs to walk your endeavor towards success as you consider the answers to many questions.

 By researching the market, you may find that potential customers aren’t in the area in which you had hoped to start your business.  But you can find out where they are and whether you can devise marketing methods to reach them.

 Competitive Analysis

The second research task involves analyzing the businesses like yours in your market area.  It is called a competitive analysis and is necessary because a potential customer base is not limitless. You may very well believe your product or service can be offered more innovatively, conveniently, less expensively or is just the best…but unless you know who you are up against you don’t really know that for sure.

 Through competitive analysis you can find out who your competition is serving, whether they are serving those customers well and whether there will be a growing demand for your product or service as indicated by business trends.

 “Planning” is something you can do right now.  You can find an in depth explanation of these research types, outside research websites where you can find information and even an online tool which will give you beginning data at www.sba.gov/business-guide  in the “Plan Your Business” section.

U.S. SBA Recognizes CDR as National Small CDC of the year for 2013

Community Development Resources of Lincoln was named a National Small Certified Development Company of the Year for 2013 and selected for an Award of Excellence by the U.S. Small Business Administration.  [Link to Journal Star Article May 31, 2013]  SBA Director Karen G. Mills congratulated Exec. Director Rick Wallace and Community Development Resources on May 6th 2013.