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