Nominate a Business for the 2014 National Small Business Week Awards
Time right for North Jersey Retail Property Investing? Read this bullish report.
National Manufacturer's Day - October 4, 2013 join NJMEP at their upcoming event.
Learn how to utilize Constant Contact with their FREE resource guide.
America's SBDC Blog....Click here to take a look. Subscribe today! Feel free to share articles, just link it back to our page.
Essential IT tools for Small Businesses ... find out more
What me worry? Here are 5 Free Disaster Recovery Tools for you
Disaster Recovery Grants available up to $50,000. See how ...
Healthcare Reform Summary in a comprehensive 12-pages report from Kaiser Family Foundation.
FEMA's Industry Liaison Program Helps Connect Contractors, Vendors with Sandy-Related Projects.
Wondering about the productivity of Social Media venues? Check out this Monetate report Ecommerce Quarterly Report, Q1 2013 - Email marketing is still king of conversions!
Computer Security Advised to choose/create strong passwords? Check out Intel's How Strong is Your Password site.
Small Business Loans: Implications of Budget Changes at SBA Read more ...
Constant Contact FREE educational resource guide.
Check out the small business (MWBE) opportunity! Scheduled for February 26, 2013
2014 NFL Super Bowl - Business Connect Access to the 2014 Super Bowl procurement process.
Business Disaster Loans through FEMA & SBA - Check here. Businesses in our Tri-county area is most likely to be eligible for Economic Injury Disaster Loans. More details will be made available through our site as the information is releassed by the respective agencies.
Tax Deadline Extensions for businesses with operations disrupted by hurricane. Read more ...
More Resources Available. The national Association of Small Business Development Centers (ASBDC) located in Burke, VA has made an appeal to state SBDC networks in other parts of the country to further martial manpower and information resources, further increasing assistant levels provided by the NJ, PA, and NY SBDC’s for small business development disaster recovery efforts in the aftermath of hurricane Sandy. The national network of SBDC’s has a strong track record as first responders in national disaster recoveries. More info ...
2012 Hurricane and Tropical Storm Recovery Assistance Information - This page contains information about SBA's response to the 2012 hurricane and tropical storm season. For more information about SBA’s disaster assistance programs, visit www.sba.gov/disaster or call our disaster assistance center at 1-800-659-2955.
NJSBDC ALERT!!! Northwest Center is operational! Our hours are 9am-4pm for the remainder of the week. We are in contact with the 10 other Centers in NJ and. through our HQ staff, to Lt. Gov Guadagno's office. Next week all 11 Centers throughout NJ will be equipped to address loans and grants available to small businesses affected by Hurricane Sandy. More details to follow as info becomes available.
Disaster Recovery Assistance from FEMA - Access the latest news, guidelines and federal assistance available for businesses adversely affected by Hurricane Sandy. President Obama is visiting the state TODAY to work with Gov. Christie to determine the extent of the assistance that the federal government will provide to businesses and residents of NJ. The following Offices of Emergency Management will assist you.
Morris County OEM - Scott DiGiralomo 973-829-8600
Sussex County OEM - Michael E. Strada 973-579-0380
Warren County OEM - Frank Wheatley 908-835-2051, 2047
October 22 - October 26, 2012 Kicks Off - ManufactureNJ with seminars throughout the state.
Written A Great Proposal? Check out this CONTEST at www.bigdatabase.com/wpc . Contest winners can claim over $20,000 in cash & prizes. Act now; less than 2 weeks left to enter!
Need help in assessing references/skills for prospective employees? Check out Skill Survey.
FREE Report on Your Funding Worthiness! Complete our new Fundability Tool. Results available immediately!
Wondering about the best E-commerce solutions for your business, check out this Forrester Report comparing SMB e-Commerce Solutions, published in 2012.
How's your Social Media Plan doing?
Another great tool for your business!
Complete the Inbound Marketing Assessment NOW!
SUCCESS for Professional Services Firms hinges on visibility. See this Capital Business article.
New Feature for Merchants introduced by Foursquare to send updates about your business to nearby loyal customers. Here's how.
Obama's Small Business Network of America announcement cites SBDC model as the most successful program to assist small businesses. Read more ...
Business owners receive FREE: easy to build Intuit website, customized domain name, web hosting for one year, online tools and training through the New Jersey Get your Business Online program. This is sponsored by Google, Intuit, and the NJ Business Action Center.
HELP my Home Page! If you've got an hour this weekend or tonght, you may want to view this video on how to improve your website's home page. Start video.
Interested in self-publishing your own inspirational story? Check out this resource.
Need Web Conferencing to enahnce your business expansion? Look at this Comparison Guide.
The Economic Census is the official 5-year measure of American business. Collected for years ending in "2" and "7", Economic Census results serve as the foundation for the gross domestic product (GDP) and other indicators of economic performance. The statistics are also used by trade associations, economic development agencies, and many individual businesses. More than 4 million businesses will receive 2012 Economic Census forms, most in December 2012. Forms will be due February 12, 2013.
July, 2012, McKinsey Quarterly - "Harvard Business School professor reflects on ... unique value that strategic leaders can bring to their companies."
July, 2012 - See SBA article (see page 8) from which chart was derived.
Study entitled: Small Business Lending in the United States: 2010-2011 reports on trends in capital availaibility during the study period (2006-2011).
"This study focuses on changes in four performance measures: aggregate lending, numbers of loans, ratios of small business loans to total assets, and ratios of small business loans to total business loans. The analysis uses two types of data reported by lenders to their respective regulating agencies—the Call Reports for June 2011 as reported by the Federal Deposit Insurance Corporation (FDIC) and reports made under the requirements of the Community Reinvestment Act (CRA) for December 2010. This study examines small business lending in the economy by all lenders in the United States. No attempt has been made to distinguish SBA-guaranteed lenders in the analysis."
Looking at the effectiveness of various marketing channels? Sherpa's recent Marketing Research Chart surprises many about which channels work best with the least difficulty. Access chart.
Linked In has a security breach we encourage you to change your password.
Have you thought about crowdfunding for your business? Do you know what CrowdFunding is? You might want to read the new Crowdfunding Act first.
Kocsi outlines challenges facing N.J. small businesses as he retires
James A. Kocsi, 60, who retired Dec. 31 after nearly a decade as New Jersey’s district director for the U.S. Small Business Administration, said the challenge for the Garden State’s small businesses remains “how quickly the economy recovers. Banks are still reluctant to lend, to a degree, and until they see a real strong sustained six months’ worth of job growth and positive economic news, they are still holding back.”
Kocsi, who lives in Woodbridge, said he and his wife plan to move to Calabash, N.C., where they own property, and plan to build their retirement home.
Adam Farrah, vice president of the UCEDC, in Union — one of the SBA’s small-business lending partners — said, “Jim was absolutely the best. I can’t tell you how much we will miss this guy. He answered his own phone, he was completely responsive, he was tied in and he knew everyone.”
Farrah said whenever a new program came down the pike from Washington that New Jersey could benefit from, Kocsi was quick to jump on it and get it rolled out for the state’s lenders and businesses.
Kocsi began his SBA career in 1976, as a loan officer in the New Jersey office. In 1983, he joined SBA’s New York office in government contracting programs, and in 1991 was named assistant regional administrator for procurement. From 1993 to 1995, Kocsi directed Northeast regional procurement programs, and in 1995 returned to the New Jersey district office in Newark as deputy district director. He was appointed state director in January 2001.
John Villios, an attorney for the New Jersey district office, has been named interim district director while the SBA searches for a replacement for Kocsi.
E-mail Beth Fitzgerald at email@example.com
Take Advantage of the HIRE Act
Did you hire or re-hire employees in 2010? You may be eligible for a tax credit.
Business Activity Strengthened in 2010, but Outlook Is Weak as Employers Struggle to Shake Off Recession
November 27 is Small Business Saturday!
On September 27, 2010, President Obama signed into law the Small Business Jobs Act, the most significant small business legislation in over a decade. The new law will provide critical resources to help small businesses continue to drive economic recovery and create jobs. The new law extends the successful SBA enhanced loan provisions while offering billions more in lending support, tax cuts, and other opportunitie for entrepreneurs and small business owners.
Association of Small Business Development Centers (ASBDC) Hails Passage of Small Business Job Act (H.R. 5297)
Bill Will Result in More Direct Assistance for Small Businesses through the National Network of Small Business Development Centers (SBDCs)
It's hard to escape the news about the 2010 Census. Besides multiple mailings to every household in the country, the government has also launched a major advertising campaign with a budget of over one hundred million dollars.
But what does the 2010 Census mean to the advertising and marketing community?
The Occupational Outlook Handbook is a nationally recognized source of career information, designed to provide valuable assistance to individuals making decisions about their future work lives. The Handbook is revised every two years.
Get basic-skills training for your employees at no charge to your company through NJBIA's partnership with the NJ Community College Consortium and the NJ Department of Labor. Your employees can be trained at one of the State's 63 community-college locations or possibly at your own facility. Training is available in:
The IRS has a new video series "Your Guide to an IRS Audit" which follows three hypothetical small business taxpayers step-by-step through the audit process.
NEWARK, NJ – The New Jersey Small Business Development Centers (NJSBDC), headquartered at Rutgers Business School, has announced that together with longtime partners EisnerAmper, LLP and Lowenstein Sandler PC, it will step up and reintroduce SBIR/STTR training seminars this fall. Three programs are planned beginning October 15th. For nearly 10 years, the New Jersey Commission on Science & Technology (CST) had collaborated and contracted with NJSBDC to provide specialized training in the writing of SBIR and STTR research and development grant proposals, as well as proposal preparation assistance. Regrettably funding for CST was eliminated from the 2011 state budget.
The closing of CST has resulted in the loss of state funding to continue SBIR training and proposal assistance. The most recent training seminar was held last November. The closing of CST also has led to the loss of millions of dollars for its popular venture funding and fellowship programs, which have been eliminated. SBIR and STTR grants are consequently now more important than ever to New Jersey entrepreneurs as the best source of early stage risk capital to fund the development of promising new technologies.
According to NJSBDC State Director and Chief Executive Officer Brenda Hopper, “The SBIR/STTR training sessions have been very successful in helping New Jersey’s small science and technology businesses to win millions of dollars in federal grant awards to help develop their technology.“ During 2009, recent training participants brought more than $2.7 million in SBIR/STTR awards to New Jersey and by June 2010 that number had already been surpassed.
Through the SBIR program, entrepreneurs can receive more than $1,000,000, in two competitive phases over a period of three-four years, to develop their technology and reduce its technical risk. The program begins with Phase I, which is typically a six-month project funded at up to $150,000 and sometimes more, to demonstrate the scientific and technical feasibility of the proposed technology.
“Many entrepreneurs are intimidated by the thought of writing a competitive proposal,” notes Randy Harmon, lead NJSBDC technology commercialization consultant. “However, companies with a breakthrough or innovative technology that can solve a specified problem or address an interest area of one of the 11 participating federal R&D agencies should not be deterred.”
“Assisting small businesses with obtaining SBIR and STTR grants is a way to bring New Jersey taxpayer dollars back to the state that might otherwise might go to New York, Pennsylvania, Massachusetts, California or other states,” adds Deborah Smarth, NJSBDC associate state director and chief operating officer.
The fall training season will begin with a half-day Introduction to SBIR/STTR and Proposal Writing seminar on October 15 at the NJEDA Commercialization Center in North Brunswick. A two-day program will follow on November 18 and 19 at the NJIT Enterprise Development Center in Newark. The two-day program will feature the full-day Phase I Proposal Development and Cost Proposal Preparation seminars delivered by the nationally recognized Greenwood Consulting Group. For more information and online registration, visit www.njsbdc.com/sbir.
Local businesswoman, Sherri Putnam of Sparta, was awarded 1st place honors in NJAWBO's Women's Business Center's S.E.E.D. Grant competition for her business, HCI Consulting, LLC, which specializes in the implementation, training and support of NextGen Healthcare Information Systems Electronic Health Records and practice management software. Read the Full Press Release.
Thinking of investing in social media but struggling to know where to start?
According to a December 2009 survey by Ad-ology, 46% of small business owners said they wish they knew more about social media. And, while coming up with a social media strategy is one thing (the resources at the end of this article provide pointers on this), it also helps to have a basic understanding of what each of the major social media sites can and can't do for your small business and its customers.
Here's a quick 101 on how to best leverage the top three social networking sites - Twitter, Facebook, and LinkedIn.
WASHINGTON - Two new tax benefits are now available to employers hiring workers who were previously unemployed or only working part time. These provisions are part of the Hiring Incentives to Restore Employment (HIRE) Act enacted into law today.
Business expenses are the cost of carrying on a trade of business. These expenses are usually deductible if the business is operated to make a profit.
What Can I Deduct?
To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your trade or business. An expense does not have to be indispensable to be considered necessary.
America is just now starting to invent its post-recession economic future. The Great 2007-2009 Recession was the worst economic downturn since the Great Depression. That is not surprising since the two largest absolute annual private sector employment losses since payroll statistics were first compiled in 1939 took place in 2009 and 2008. But what is surprising is that the Great Recession may also turn out to have been the great equalizer across the nation's states and regions. A number of America's former economic high-flyers were grievously wounded during the downturn and their weaknesses exposed. As a result, conventional assumptions about their future economic prospects-as consistent national growth leaders-may now come into question.
For that reason, today marks an important milestone in the enactment of the Health Insurance Reform Law. The U.S. Department of Health and Human Services (HHS) has unveiled HealthCare.gov, an innovative new on-line tool, created under the Health Insurance Reform Law, that connects families with new state-specific information and resources, helping them take control of their health insurance situation and gain access to quality, affordable coverage. This website has been setup to answer all of your questions about the law and how it impacts your family. In addition it is the first website to provide consumers with local public and private health coverage options tailored specifically for their needs in a single, easy-to-use tool. As a proud supporter of this legislation I am thrilled to see that such an easy to use website has been developed to educate New Jerseyans on this new law and their local health care options.
Governor Chris Christie has signed S-1813 into law to protect New Jersey small businesses by preventing a devastating tax hike of up to $683 per employee for employers who fund the Unemployment Insurance Trust Fund.
Sam's Club said Tuesday it will offer small business loans of up to $25,000 to its small business members. The division of Wal-Mart Stores Inc., which is based in Bentonville, Ark., is testing a program with Superior Financial Group, one of 13 federally licensed nonbank lenders, and will offer $5,000 to $25,000 loans to members who qualify.
This IRS Internal Webinar will give you necessary information on:
Did you know that NJSBDC has a Procurement program? The New Jersey Small Business Development Centers network offers consulting and other assistance to established small businesses who are interested in selling their goods and services to the federal, state, or local government. Clients are provided individual virtual counseling sessions, workshops and seminars, and referrals to public, state and federal government procurement and supplier diversity web sites.
Are You Look for Funding? Golden Seeds May Be Your Answer
The Employers Association of New Jersey (EANJ) is the only nonprofit association in the state of New Jersey dedicated exclusively to helping employers make sound and responsible employment decisions through education, informed discussion and training.
THE PRO BONO PARTNERSHIP provides nonprofit organizations in Connecticut, New Jersey and New York with free, expert business legal advice they cannot otherwise afford, enhancing their capacity to improve local communities and provide essential programs for the poor and disadvantaged.
As consumers become more environmentally conscious and energy costs continue to rise, businesses are rapidly adopting environmentally friendly business practices.
Many business owners fear it's too costly to adopt eco-friendly practices, however, small investments can reap large gains. Green practices can save money while creating happier customers and a healthier planet.
These resources help small businesses expand their businesses while saving energy costs.