Tag Archives: Small Business Administration

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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Travel the Digital Highway

SCORE volunteer Rebecca Esparza talks about digital marketing during a seminar hosted by the Small Business Administration in Harlingen.

The signs are everywhere but if you don’t have a road map it’s easy to get lost. That’s very true in today’s mobile world, although your company vehicle does not have wheels and it fits in the palm of your hand. Yes, welcome to the increasingly challenging world of digital marketing. Promoting a business digitally is nothing new, but it’s growing and changing every day. It’s becoming more and more…

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Five Best Risk Management Strategies

risk management

Being in business is exciting but it also means facing challenges and risks every day. These risks and threats to your business can come from innumerable sources, including economic conditions, lawsuits, competitors, and the weather. In order to be able to sleep at night, it’s essential that you adopt a variety of risk management strategies. These are designed to avert catastrophe and provide you with protection to the extent possible.…

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Apply Now for SBA Recovery Loans

Rio Grande Valley Livestock Show flooding 2018

Beginning today, July 12, Hidalgo County businesses affected by recent severe storms and flooding may apply for SBA recovery loans in person in Weslaco. The center will offer one-on-one meetings to explain how the Small Business Administration can finance disaster recovery. Representatives will also clarify the loan application process as well as help business owners complete electronic applications. “Due to severe property damage and economic losses these storms inflicted on…

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Businesses Benefit from Podcasting

podcast

Back in the early 2000s, I was at a party when one of the guests mentioned he was hooked on podcasts. “Huh?” was the primary response, as few of us knew what he was even talking about. My, how things have changed. Today, nearly two-thirds of Americans are familiar with podcasts, according to the 2018 Infinite Dial Study, and 44 percent of Americans age 12 and older have listened to one. Consumers…

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Five Strategies for Winning at Working Solo

working solo

Eighty percent of all U.S. small businesses have no employees. The number of non-employee businesses is expected to grow in coming years, due in part to the expansion of the gig economy (e.g., Uber, TaskRabbit, Thumbtack) and favorable economic conditions. Being in business with no employees means you don’t have to deal with payroll, minimum wage rules, and other employer-related responsibilities. But it doesn’t mean you are relieved of all business-owner…

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