software. Software like Quickbooks that helps you manage your finances is a capital ... Don't put all of your ... startu
January 2017 January 2017
In the Know
BUSINESS RESOURCES NEWSLETTER
Business Resources Newsletter
555 - 503-555-5 Call the vet
Buy cat litter
2017
Sukol Sue ca ll
!
Call Su e Klein !
CALEN DAR LIN KS Hillsbor o C
Orenco hamber Cale E nd Downto vents Calenda ar r wn Eve nts Cal endar
FEATUREaSncial
New YearT Fipins/Resources Planning ntracting o C t n e m n r e Gov ation ic if t r e C B S E & MW
RESOURCEnitSies
ortu Business Opp s Page e c r u o s e R s s Busine nities u t r o p p O r e Chamb
Pasta, br ead, tooth paste, ba tteries, f ake hotdo gs
Written and designed by Aimee Sukol, J.D., M.A., M.S. Ed Director of Business Development & Business Counselor Hillsboro Economic Development Partnership (HEDP)
Tips for Sound Annual Business Financing
With the New Year comes an opportunity to Business Resources Newsletter review goals, budgets and reconsider old B U S I N E S S RESOURCES NEW strategies. Here are some reminders for 2017:
SLETTER
Don't procrastinate. Whether it's designing a marketing budget or seeking resources for capital investments, procrastination costs money. The longer you wait, the less you will accomplish. Understand your cash flow. Make sure you're setting aside cash. Period. Cash reserves is a must. Invest in financial management software. Software like Quickbooks that helps you manage your finances is a capital improvement that may be eligible for a microloan and/or could be free for first year businesses. Relying on Excel or spiral notebooks is not best practices and can impede your growth and reputation. Diversify. You should have cash flow for protection, capital to reinvest back into your business and available revenue to invest in stocks for long term growth. Don't put all of your eggs in one basket. Find ways to make money with your money. Time is valuable & expensive. Business owners working 80 hours a week are not profitable. Forecast the cost of your time. What's the cost of scheduling employees over making a sale/ securing a client? Business owners' time should be included in the annual budget plan.
Financial Planning Resources
SCORE Service Corps of Retired Executives nonprofit organization that provides free budget planning reviews and counseling. Retired executives volunteer their time to help small businesses evaluate their costs & spending and develop plans to increase profitability. The Chamber has a SCORE counselor at our office by appointment on Tuesdays. To make an appointmnet contact SCORE at their Portland office: (503) 3265211 or visit portlandor.score.org
Small Business Development Center "Oregon’s SBDCs deliver our services to anyone who owns or operates a business or is planning Prepare for the expected and to start a business. We work with businesses in unexpected. Few business owners were prepared every industry and at every stage of growth from for minimum wage increases. Businesses should be startups to wellestablished companies, from one tapped into potential policy changes that could have employee to 500. In addition to nocost financial impacts. Consider also the likelihood a confidential advising, we offer training and online machine breaks or rent increases. Natural disasters courses that cover a wide range of business or even small storms can have grave financial topics." To make an appointment call (971) 722 consequences. You can't plan for everything, but 5080 or visit Written and designed by Aimee Sukol, J.D., M.A., M.S. Ed forecasting with reserve money and contingency http://www.bizcenter.org/locations/portland/overvi Director of Business Development & Business Counselor Hillsboro Economic Development Partnership (HEDP) plans is essential. ew
GOVERNMENT CONTRACTING & MWESB CERTIFICATION MWESB - "Minority Women Emerging Small Business" is a classification that offers advanced
Business Resources Newsletter
government contracting opportunities.
Small Emerging Business is any business that
15
earns less than $
.
million per year.
COBID - Certification Office for Business Inclusion & Diversity is a state office that certifies MWESB businesses.
Benefits of government contracting: Reliable revenue stream Portfolio development Referral opportunities
Resources
COBID - state assistance GCAP - great for manufacturers SBA - federal support Minority Business Development Agency
Hillsboro's
2
nd Meet 'n Greet Event
The Hillsboro Chamber, BESThq, Metro, Business Oregon, City of Hillsboro, and others are collaborating for another outstanding event that connects potential MWESB businesses with agencies seeking bids and with the certification office that can answer questions. Join us on Tuesday, January
31
st from
35 -
pm at the
Walters Cultural Arts Center. Free event. Food sponsored by Andersen Construction.
Questions?
[email protected] Register at www.hillsborochamberor.com
Written and designed by Aimee Sukol, J.D., M.A., M.S. Ed Director of Business Development & Business Counselor Hillsboro Economic Development Partnership (HEDP)
Classes & Workshops
Resources General HR RULES & REGULATIONS
Building Your Business Workshop BYB (Chamber Program)
Tips for Using SEO & maximizing searchability Join a MEETUP & collaborate USPS Postal Inspector's Office
Westside Businesswomen Workshop WBW (Chamber program)
Free Market Research Reference USA Exporting Assistance TriMet Bidding Procurement
Art of Effective Networking (Chamber Program)
ORPIN (Oregon Procurement Information Network Local Nonprofits for Collaboration
onTopic Luncheon (Chamber program)
SHOP Oregon Marketplace, Health Insurance for Employers
Mercy Corps NW Business Planning Classes
Contract with the City! City of Hillsboro's Procurement Site
Small Business Development Center (SBDC) Classes/Counseling, Willow Creek
IRS Resources NEW Reminder Employer Tax Filing Info for 2017 Reporting Health Coverage
Free SBA Training Videos
Taxable vs NonTaxable Income Padding Deductions
IRS Videos
Labor Trends
Oregon Technology Business Center (OTBC) pub talks
Employment Stats by Industry Portland Metro Labor Trends Washington County Wages by Industry
Legal Referrals/Tips Legal Checklist for Startups Small Business Attorneys
Starting a Business in Hillsboro Checklist
SCORE (Service Corps of Retired Executives) Free Business Planning
Free Chamber Counseling & Referrals
[email protected] [email protected]
Net@Nite
Manufacturers Roundtable
MAKE A DIFFERENCE THROUGH THE CHAMBER
Sponsorships enable the Hillsboro Chamber to provide meaningful programs to the local community. To learn
[email protected].
Manufacturers Summit
Golf Scramble
BYB Workshop
onTopic Luncheon
Farm Fresh Dinner
Manufacturers Roundtable
Net@Nite
Westside Businesswomen
Business Walk
Latino Festival
Orenco Wine Mixer
Conectate Manufacturing Day Holiday Party Annual Awards Wake Up Hillsboro
Leadership Hillsboro
Latino Fest
about opportunities, contact
Art of Effective Networking
BYB Workshop
BUSINESS
OPPORTUNITIES
Add a little bit of body text Government bidding opportunities, see
NEDTalks SPEAKING ENGAGEMENT
Business Resources Page above.
OPPORTUNITIES - "Novel Efforts Downtown" program seeking consultants
BYB Workshop provides speaking
and experts to present to downtown
opportunities to businesses with
businesses & stakeholders. Contact the
marketing expertise. Contact Aimee Sukol
Hillsboro Downtown Partnership.
for more information.
Have a compelling business story? If Businesses with financial or legal expertise can contact Mercy Corps NW
so, contact KUIK radio for a spotlight.
to learn about their consulting and speaking engagement opportunities.
Chamber members can showcase their Guest speaking (& student hosting)
expertise by writing an article for the
opportunities with the Chamber's School-
Chamber's Advocate newsletter. For
to-Career program. Email
more info, contact
[email protected].
[email protected].
