Tag Archives: Small Business Administration

UTRGV SBDC Offers Multiple Services

Marie Chang, owner of the BARA Exotic Food restaurant, discusses ways to improve her business with the UTRGV Entrepreneurship & Commercialization Center staff. (photo David Pike, UTRGV)

The Small Business Administration estimates about 627,000 new businesses open every year. It might be a hobby to earn extra income, or a long-standing idea you finally want to act on. Whatever the motivation, there are resources available for people who want to launch a business in 2019. One of the organizations aspiring business owners can turn to is the Small Business Development Center housed at The University of Texas Rio Grande Valley. Center…

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Turn an Idea Into a Business

Business consultant Michael Wilson meets with a group of aspiring entrepreneurs to discuss how to develop a solid business plan. (VBR)

No matter how good the idea or how big the dream, passion and detailed planning are critical components of starting a new business. That was the message from Michael Wilson, who recently presented one in a series of Small Business Administration workshops dedicated to guiding aspiring entrepreneurs through a process of turning an idea into a viable enterprise. Wilson is chief operating officer of CM Institute of Leadership, a company…

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SBA Administrator Visits RGV

WycoTax owner Christopher Wycoco presented a bouquet of flowers to SBA Administrator Linda McMahon on her visit to Harlingen. (VBR)

Linda McMahon and her husband took a small regional business and built it into a multinational powerhouse brand known as WWE. For non-wrestling fans, that stands for World Wrestling Entertainment, a media and entertainment company primarily known for professional wrestling. Active in WWE from 1980 to 2009, serving as president and CEO, McMahon left the company to mount two unsuccessful runs for the U.S. Senate in her home state of…

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SBA Names New Regional Administrator

Justin Crossie

The U.S. Small Business Administration has appointed Justin Crossie as the regional administrator for SBA’s Region VI, which includes the Lower Rio Grande Valley District. Crossie now leads 10 district office directors, serving more than 3.8 million small businesses. Offices under his direction are in Arkansas, Louisiana, New Mexico, Oklahoma and Texas. Crossie will lead the delivery of SBA’s financial, entrepreneurial development, government contracting and international export initiatives. He will also head…

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RGV Celebrates Veterans Small Business Week

This week is the U.S. Small Business Administration’s National Veterans Small Business Week, highlighting the different facets of the veteran business community. Locally, the Lower Rio Grande Valley office of SBA is in the middle of the celebration, offering events, many of which take place in the next days. This year’s theme, “Our #VetBiz Community,” showcases the various facets of the veteran business community, ranging from the prospective or existing veteran…

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SBA Award Nominations Now Open

Nominations are now open for both the SBA National Small Business Week awards and the Lower Rio Grande Valley District Office awards. While nominations are open until Feb. 15 for the local level, national nominations are due Jan. 9. Both individuals and organizations dedicated to the support of the small business community in the United States may submit national or district office nominations. Additionally, businesses may self-nominate. “During National Small…

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Knowledge Gained at Business to Botana Expo

Business to Botana Expo 2018

From the moment people walked into the Brownsville Event Center for the Business to Botana Expo on Sept. 19, they were surrounded by the sights and smells this event was showcasing. There was no shortage of food booths with everything ranging from Taco Palenque to Bara Exotic Food to Vita Zumo. Free to the public, this popular event drew crowds of all ages. Babies in strollers ate pieces of fruit…

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Five Key Ingredients in Creating a Small Business Website

small business website

A website is an essential element for running a successful business. A business without a website can potentially lose out on great opportunities since potential customers can’t reach you, find you and learn about you online. Creating a small business website can lead to many different ways to market your business and help it grow much faster than relying on traditional marketing methods alone. If you’re looking for a way to…

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One Year Later … Do You Have a Plan?

Hurricane Harvey narrowly missed the Valley in 2017 as it churned its way along with Texas Gulf Coast. (National Weather Service)

Over the past year, the U.S. Small Business Administration has helped thousands of residents and entrepreneurs in Texas, Florida, Georgia, South Carolina, the U.S. Virgin Islands and Puerto Rico rebuild their homes and businesses damaged by Hurricanes Harvey, Irma and Maria. Many are still recovering from the storms that caused unprecedented physical and economic devastation. After Hurricane Harvey made landfall in Texas on Aug. 26, 2017, the SBA quickly ramped…

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Choosing the Right Business Structure

Choosing which business structure is right for you is a crucial step when starting a business. The entity you select has legal, financial and operational implications. Here are three factors to consider when choosing a business structure. Business Taxes Business owners must meet all federal, state and local tax obligations to stay in good legal standing. The type of business structure you choose impacts your personal liability and which taxes your…

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