Alabama Small Business News

Small Businesses on the Rise, Reversing 6yr Downward Trend

Reversing a six-year downward trend, activity in established small businesses increased last year, according to the 2015 Kauffman Index: Main Street Entrepreneurship, a new report that tracks small business activity and ownership in the United States. Though the number of established small businesses is increasing, the gain […]

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SBDC at Alabama State Helps Veterans March into Executive Roles

Every day is different for IT executive Keith Ellis. And he’s prepared for that. “One day it’ll be peaches and cream, and the next day it’ll be thunderstorms,” Ellis said. “We don’t live in a perfect world. Whatever comes your way, you have to strategize to get […]

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FED Surveys Small Businesses

The Birmingham Branch of the Atlanta Fed, in partnership with several other Federal Reserve Banks, is conducting a short survey of small business owners/managers. This survey is a platform through which small businesses can be heard. It is designed to pick up on potential finance issues affecting […]

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Carolyn Turner Named State Star

Carolyn Turner, an International Trade Specialist with the Alabama International Trade Center at the University of Alabama, has been selected as the 2015 Alabama State Star for the Alabama SBDC Network. State Stars are exemplary performers who have made a significant contribution to the SBDC program and have […]

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How to Get a Small Business Loan: 3 Questions

Suzanne Darden of the Greater Birmingham SBDC provides some great advice in this article.  To contact Suzanne or anyone else at the Alabama SBDC Network’s Capital Access team, contact us today! Getting a small-business loan isn’t as simple as going to your local bank anymore. With […]

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7 Questions to Ask for a Small Business Loan

Key questions to ask your SBDC counselor: Small Business Development Center advisors can offer you experienced advice, unbiased opinions and the invaluable market knowledge that you need to prepare your small-business loan application — all for free. The U.S. Small Business Administration sponsors hundreds of these centers around […]

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Insights into SBA Lending

The BBJ asks 4 lenders why SBA loans make sense for small businesses. Source: Birmingham Business Journal, 12 July 2015 The Alabama SBDC Network provides no-cost business counseling, and assists existing businesses and start-ups with their capital needs, including conventional and SBA-backed loans. Q: What are the advantages […]

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ASU SBDC marches on after leader’s death

Andrea Price smiled as she greeted a local woman who came to Alabama State University’s Small Business Development Center with an idea for a startup, and not much else. It had been nearly two weeks since the unexpected death of the center’s longtime director, Lorenza Patrick. But […]

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Troy SBDC Helps Businesses Start & Grow

The U.S. Small Business Administration estimates more than 382,000 small businesses in Alabama contribute to the economy. One of those businesses is owned by local Dr. Jessica Bullock Sarratt. Sarratt, who has owned Family First Chiropractic on West Main Street for nearly two years, said she started […]

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