• Where and when do small businesses look for money? The U.S. SBA's recently released report on the Frequently Asked Questions (FAQs) on Small Business Finance sketches the ecosystem or life-cycle of small business financing. The financial needs of small businesses, which include start-ups, in sectors such as information technology, service, retail, and manufacturing differ. For further small business data and research information, visit the SBA Office of Advocacy’s website at www.sba.gov/advocacy/847.

   

• Do you know a successful business in Eastern WA or North Idaho that should be recognized? Nominations for the 9 National Small Business Week 2012 awards are due no later than November 10. Awards are given at both the state and national level. The U.S. Small Business Administration (SBA), in conjunction with small business supporters, will host special events in May 2012 to honor entrepreneurs and champions of small business. Nominate someone today. Download the SBA Nomination Guidelines here!

• SBA Business Solutions is now on  "like" us to keep up with what is happening in small business lending.

•  

  • New! A Visual Look at Small Business Funding

   

Resources

• 2011 SCORE Small Business Resource Guide for Businesses located in 
  Spokane, North Idaho, Eastern and Central Washington

• Article: "How much money do you need as an equity injection on an SBA loan?"

• Helpful cashflow forms: 

  • SBA 1100 - SBA 1100 is a Monthly Cash Flow Projection that is no longer in print, but is very helpful in not only projecting your income and expenses, other items that affect cash flow - loan payments, draws, capital purchases, etc. - and comparing them to what actually occured. This form prints on 11"x17"paper and is great for pencil-whipping things out.

  • SCORE Cash Flow Budget Template - This has the same layout as the SBA 1100, but it has the formulas built in so that it will do the math for you!