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How to find out if your small business idea will make money
This post, about the numbers behind your small business idea, originally was published by Venturize, a blog powered by our content partner Small Business Majority, a national organization that advocates for small business owners. There are many excellent reasons for starting a business: being your own boss, loving what you do and enjoying the challenge…
SBA Loan Sets Table for African-American Restaurateur to Get Bank Loan and Expand
When Georgia’s restaurant opened in Anaheim’s historic Packing House in 2016, co-owners Gretchen Shoemaker and Marlon Machado conservatively projected first-year sales to be between $250,000 and $500,000. By the fifth month of serving their version of “soul delicious” food to thousands of patrons, they hit $1 million. “It proved to us we had a winning…
Year in review: $341 million to power small business success
The opening of a small business isn’t just about granting one entrepreneur’s dream. It’s about providing a reliable and quality service and creating jobs. It’s also about becoming a bigger part of the community, planting seeds and making a contribution. CDC Small Business Finance is proud to play a part in this vital process in…
Taxes troubling you? Help is here for small businesses
Taxes. It’s a word that can conjure up confusion for anyone, including small business owners. The thought of deductions, depreciation and 1099s may make your head spin, but we’re here with four tips to help clear things up. Some topics are bigger mysteries than others. New additions under the Tax Cuts and Jobs Act, only…
What to look for in 2020? Here are the predictions from CDC’s management team
Everyone’s talking about predictions and the next big thing, whether it’s the hot new movie coming out in 2020 or which team will win the Super Bowl. Of course, business is no different. whether you’re a small business owner, investor or a lending professional. The management team at CDC Small Business Finance – our talented…
Our Employees Proudly Served in the Name of Dr. King
From refreshing the grounds around a historic landmark to providing food and necessities to dozens of homeless people, the employees at CDC Small Business Finance stepped up to honor Dr. Martin Luther King Jr. this week. In San Diego, we took part in the MLK Day of Interfaith Service at Balboa Park’s Marston House. We…
Inside CDC: From Intern to Shaping Innovation at CDC
Our blog series, Inside CDC, offers details about some of the many facets that drive CDC’s success. These posts feature interviews with CDC’ers who are integral to advancing our mission to connect small businesses with the support and services they need. After Hannah Snowden arrived at CDC Small Business Finance, she came to realize that…
Made for Small Businesses – SBA 504 Loans Are a Path to Buy or Build the Perfect Property
This reprinted column by Kurt Chilcott, CEO and President of CDC Small Business Finance, and Christopher Bane, Vice President, Senior Commercial Lender – SBA 504, Arizona, was published January 2020 in the Scotsman Guide. Many small businesses are at a crossroads. They want to take advantage of low interest rates and a strong U.S. economy to…
Make Money, Save Time For Your Small Business This New Year
Are you familiar with our #BizTipSixty and #LoanTipSixty video series, featuring lessons for entrepreneurs in 60 seconds? For tips on getting started, small business financing and more in the New Year, follow us on our YouTube Channel. New Year’s is a time to reflect. We take pride in successes from the year before and re-evaluate…
- The Small Business Owner’s Guide to the CARES Act
- Critical communication strategies for small businesses facing COVID-19
- Support your favorite small businesses to help ease impact of the coronavirus
- Tips: How to face the impact of the coronavirus on your small business
- What is #SBDCDay? A Celebration of Small Business Development Centers
- On the Rise: The Undeniable Power of Women-Owned Businesses
- Momentum for 25-year SBA 504 Loan Continues
- Love for Brews and Bikes Makes Engineer’s Business Dream Come True
- How do we make small businesses stronger? By being great advocates
- How to find out if your small business idea will make money
