Business News Updates

We share information from the KSBDC and from our resource partners to keep you current on events, services, information, and assistance to help you start and grow your business.

JPEG Image   Steven Koprince, Small Business and Government Contracts Attorney

Dealing with Government Contracting Officials: What Can You Really Say and Do?

Kansas businesses have an opportunity to learn the do's and don'ts of dealing with government contracting officials on April 29 at a free seminar offered by Wichita State University's Kansas Procurement Technical Assistance Center (PTAC) and Kansas Small Business Development Center (KSBDC).

The seminar will be held from 9 a.m.-noon at the WSU Marcus Welcome Center and will feature small business and government contracts attorney Steven Koprince, who will cover proposal discussions and negotiations; change orders and directives; ethical rules and restrictions; real-life scenarios and practical tips. For more information, call 978-6788. Registration is available on the Kansas PTAC website.

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KSBDC Blog: Market Research

Click on the link to learn about KSBDC market research as applied to a real-world client case.  This blog provides the scenario of an entrepreneur that has approached the KSBDC for assistance for help exploring the opportunity around an assisted living facility in Hays, Kansas. 

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KSBDC Blog: Developing Accurate Job Descriptions and Success Profiles

What is the difference between a job description and a success profile? Click on the link for a blog that answers this question and provides tips for developing job descriptions and success profiles to help you hire the best for your company.

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KSBDC will be at the Unconference in Wichita on Tuesday, April 22. Will you?

Exciting things are taking place in Wichita, KS. Entrepreneurs, innovators and companies are converging to build a strong entrepreneurial ecosystem. It's time for less talk and more action. Now, community leaders are coming together to create Wichita's newest entrepreneurship event, ICT Unconference. The Unconference will take place on April 22, 2014 at Wichita Marriott Hotel in Wichita.

The mission of the first annual ICT Unconference is to set Wichita's innovative and entrepreneurial scenes into motion through collisions of like-minded thinkers. This is about embracing peer-to-peer learning through the exchange of ideas. Through unexpected conversations, the unconference model allows you to grow your business, yourself and your community. At the end of the Unconference, attendees will not only leave with a strong desire to innovative, create and motivate but with a roadmap that will turn ideas into action. 

JPEG Image      After Hours Auto Repair Wins Award for Emerging Business

Read about Summer and Mark Guerrero's success with After Hours Auto Repair in this Wichita Eagle article.

JPEG Image   KSBDC to Recognize 16 Successful Kansas Small Businesses

The Kansas Small Business Development Center statewide network has announced the 2014 Existing and Emerging Businesses of the Year. Each of the eight KSBDC regional centers has selected one emerging and one existing business for the award.

In total, 16 successful Kansas small businesses will be recognized at a ceremony in Topeka on Tuesday, March 11. The businesses were selected from more than 2,458 businesses that received KSBDC services in 2013.

For more information, view KSBDC Emerging and Existing Businesses of the Year Awards

JPEG Image  SBA Offers Affordable Care Act 101 Webinars

The SBA will offer Affordable Care Act Webinars every Thursday at 1:00 PM.

Small business owners can learn the basics of the Affordable Care Act and how they can enroll in small business health insurance marketplaces. Other topics discussed include insurance reforms, the small business health care tax credit, and employer shared responsibility provisions. 

For details and to register, view http://www.sba.gov/healthcare.

JPEG Image   SBA Eliminates Fees on 7(A) Loans of $150,000 and Less

SBA eliminated both the on-going servicing fee paid by the lender and the upfront guaranty fee paid by the borrower on all 7(a) loans of $150,000 and less, regarding of the loan program used.  This fee waiver makes smaller SBA loans more affordable and is authorized through September 30, 2014.

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2014 Emerging Leaders Program to Start in April

The SBA's Wichita District Office will host the 2014 Emerging Leaders training initiative starting in late April. The Emerging Leaders Initiative is a 26 week intensive training course that specifically focuses on the professional development of executives of '2nd stage' businesses poised for growth in Kansas.

The initiative is scheduled to start in April, and the Wichita District Office is seeking a diverse group of 15 business owners or chief executives from varied industries, such as: retail, professional services, manufacturing, technology, etc., including family-owned businesses going through a leadership transition.

If you are interested in learning more about the program, attend the informational meeting on Friday, February 21st at 2:00 PM. Please call Michael Aumack (316) 269-6275 or Michael.Aumack@sba.gov to reserve your seat today! If you cannot attend but would like more information, contact Michael.

The application deadline is March 21.

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IRS Services Guide
Publication 5136, IRS Services Guide, is now available online.  This two page publication has helpful links to help Individual Taxpayers, Small Businesses, and Tax Pros.

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IRS Issues 2014 Standard Mileage Rates for Business

Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
• 56 cents per mile for business miles driven
• 23.5 cents per mile driven for medical or moving purposes
• 14 cents per mile driven in service of charitable organizations

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Virtual Town Hall Meeting Site Offers You the Chance to Shape the South Central Kansas Prosperity Plan

The Regional Economic Area Partnership (REAP) of South Central Kansas received a grant from the U.S. Department of Housing and Urban Development (HUD) to develop a plan for prosperity for South Central Kansas - Butler, Harvey, Reno, Sedgwick and Sumner counties.

You can give input about what you want for the future of the region at http://www.letstalkprosperity.com