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Market Analysis
The market analysis section of your business plan should illustrate your industry and market knowledge as well as any of your research...

Sue Pitts
Jul 19, 20162 min read


Are You a Solopreneur
Commonly known as consultants, freelancers and self-employed, independent contractors are individuals who are hired to do a particular...

Sue Pitts
Jun 29, 20161 min read


Making Wiser Decisions
As you manage your business, you will be faced with important decisions that may impact the future of your company. This may seem...

Sue Pitts
Jun 14, 20161 min read


SBA Loans Explained
If you’re planning to start or expand a business, you might need financing help. SBA participates in loan programs for business owners...

Sue Pitts
May 17, 20161 min read


5 Documents to Prepare for a Small Business Loan
Entrepreneurs must prepare five main documents before applying for a small business loan. These vary depending on the lender, the...

Sue Pitts
Dec 6, 20152 min read


Employees vs. Contractors | Hiring For Your Small Business
Employees and independent contractors are not the same. As a small business owner, it is important to understand the differences between...

Sue Pitts
Apr 21, 20152 min read


Trade Secrets | Protecting Your Competitive Advantage
A trade secret is any confidential piece of information that provides your small business a competitive advantage over rivals. As such,...

Sue Pitts
Apr 6, 20153 min read


Trademark vs. Copyright vs. Patent | Protecting Your Small Business Name & Logo
Multiple times per week, clients ask me how to go about protecting their business names, company logos, and catchy slogans. They...

Sue Pitts
Mar 9, 20153 min read


Logos | How To Create a Logo for Your Small Business
As a small business, your logo is your main identifying mark. It portrays what you stand for as a company; is one of the first things...

Sue Pitts
Feb 17, 20153 min read


Pricing Strategy | Higher Quality vs. Lower Price
Determining how to price your products and services is a tough decision all entrepreneurs face. Small business owners — especially those...

Sue Pitts
Feb 4, 20152 min read


Tax Time Preparation | Completing Your Schedule C
As a sole proprietor or single-member limited liability company (LLC), the mere thought of tax season may cause anxiety. Before you get...

Sue Pitts
Jan 29, 20154 min read


Value Proposition | Creating “Gains” From Customer “Pains”
This week, the Iowa Western Small Business Development Center staff spent time in Iowa City watching its Venture School kick-off. Iowa...

Sue Pitts
Jan 22, 20153 min read


Tax Time Preparation | Issuing & Filing W-2s
In our last post, we discussed how to easily and correctly issue and file 1099s for non-employees. Today, we’ll discuss another...

Sue Pitts
Jan 13, 20152 min read


Tax Time Preparation | Issuing & Filing 1099s
As a small business, you likely hired the help of independent contractors, lawyers, and other outside services throughout 2014. Despite...

Sue Pitts
Jan 12, 20153 min read


Holiday Sales Tips | Competing Against Big Box Retailers
The holiday season is officially upon us, which means shoppers scrambling to buy gifts for their loved ones — and sales opportunities...

Sue Pitts
Dec 15, 20143 min read


Crowdfunding 101 | The Basics
Traditionally, entrepreneurs in need of financing for their start-ups and small businesses had two options — apply for a bank loan or...

Sue Pitts
Dec 12, 20144 min read


Small Business Contests | Winter 2015
Clients frequently visit our SBDC in search of grants to help fund their small businesses. The reality of grants, however, is they’re...

Sue Pitts
Dec 11, 20144 min read


For Goodness Sake, Interview Before You Hire!
Today I was sitting with a client who is a successful business, running a successful commercial service. He told me that hiring the right...

Sue Pitts
Feb 24, 20112 min read


Is Your Small Business Idea Feasible?
As you know the first thing that needs to be done is a Business Plan. But where do you start? How long does it have to be? At what...

Sue Pitts
Feb 17, 20113 min read
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