Category Archives: Webinars

Washington State Financial Support for Businesses

Newly-opened Small Business Flex Fund program offers low-interest loans to small businesses and nonprofits

The Washington State Department of Commerce this week launched a new Small Business Flex Fund. The Fund is a public-private partnership aimed at helping small businesses and nonprofits – particularly those in low-income communities – recover and grow as communities reopen for business. Gov. Jay Inslee in November 2020 approved a foundational investment of $30 million for Commerce to create a recovery loan program. Commerce is partnering with several financial institutions and community-based organizations to lend $100 million or more to small businesses and nonprofits with fewer than 50 employees and annual revenues of less than $3 million.

Qualifying businesses and nonprofits can apply for loans up to $150,000. Loans are available in 60- or 72-month loan terms at interest rates between 3-4.5%. The Fund works with and through local Community Development Financial Institutions (CDFIs), which serve under resourced communities and underbanked businesses the Small Business Flex Fund aims to help. Interested applicants pre-apply on the Flex Fund’s online portal and, if they qualify, will be matched with a lender. Once matched, the participating lender will assist the business owner throughout the application process and provide additional advisory support. If a business doesn’t qualify, they will be connected to a trusted community organization that can assist with finding other resources. For more information and to apply, visit smallbusinessflexfund.org.  

Employer tax relief

With a goal of supporting businesses, the state legislature is stopping more than $900 million in employment taxes from being charged in 2021 and another $1.8 billion in the future. Learn more on the Employment Security Department’s employer news and updates page. Also new this year, the legislature set aside $500 million in an unemployment insurance relief account, directing assistance to many of the hardest-hit industries. Employers will see these adjustments on their December tax rate notice. Read more about how the Legislature is helping employers with employment taxes for 2021 and beyond.

Trainings and Webinars

State Department of Commerce launches new round of no-cost ScaleUp Business Trainings

ScaleUp: The Rebuild Edition is focused on helping small businesses restart and rebuild by improving their strategic decision-making, creating new operational efficiencies and strengthening the bottom line. Topics include creating efficient business systems, improving product/service alignment, creating a stronger competitive advantage in the marketplace, understanding financial statements and key business drivers, increasing sales leads and improving the sales funnel. A special “study hall” provides additional opportunities for private mentoring and coaching. The cost of this program valued at $1,599 is provided at no cost to Washington state businesses thanks in part to a grant from the U.S. Economic Development Administration. 

Registration information can be found at http://startup.choosewashingtonstate.com/programs/scaleup/. For further questions, contact James Davis at jdavis@thurstonedc.com or (360) 464-6051. 

Grow Your Business – free July 14 webinar

Grow Your Business is a free, one-hour webinar for established businesses that are actively seeking opportunities to grow their business from beyond its current model – new markets, new products, new locations, new staffing, and new financing. Its focus is on government-supported opportunities and assistance and regulatory impacts of growth to factor in your planning. The webinar includes brief presentations from several state agency small business liaisons with dedicated time for questions and answers. The next webinar is scheduled for July 14 at 2 p.m. The webinar includes brief presentations from several state agency small business liaisons with dedicated time for questions and answers. Click here for more information about the SBRR webinars and to register online

Start Your Business – free August 10 webinar

Start Your Business is a free, one-hour webinar for aspiring entrepreneurs or newly-started businesses to gain valuable information about business registration and licensing, other regulatory requirements, and resources for further assistance. The next webinar is scheduled for August 10 at 2 p.m. The webinar includes brief presentations from several state agency small business liaisons with dedicated time for questions and answers. Click here for more information about the SBRR webinars and to register online

Keep Your Business Secure in the Pandemic Era

Date:  Tuesday, April 6, 2021
Time:  3 – 4 p.m.
Via: Zoom (link to be provided)
Register Here

Ever wonder if your company’s information is on the dark web? 

Credential hacking, email phishing, the dark web–all are increasing threats to businesses these days. The global pandemic brought business a slew of challenges, not the least of which is fast-changing security issues. With many companies turning to remote ways of working, they’re increasingly relying on virtual activities like email, meetings, and remote access to systems. And each hold a unique set of security risks. This presentation will outline those risks as well as provide tips on how to mitigate them (and some even remove altogether). Continue reading

Working Washington Grants Open Round 4 Next Week

These grants of up to $25,000 are focused on small businesses, especially those that were required to close due to public health and safety measures.
Priorities for funding are:
  • Businesses with lost revenue as a result of closure.
  • Businesses with added expenses to maintain safe operations.
  • Equitable distribution of grant funds across the state and to businesses owned and operated by historically disadvantaged individuals.
Online applications open March 29.

The SCORE Startup Roadmap: Your Guide to Successfully Starting a Business

Take the SCORE Startup Roadmap

Are You Ready to Start Your Business?

The path to business ownership is an exciting journey. As you embark on your journey, you need a few things to successfully reach your destination. First and foremost, you need a good roadmap or GPS to successfully navigate your way.

The SCORE Startup Roadmap, sponsored by FedEx, guides your journey, from your business idea through opening your doors to customers.

Whatever startup route lies ahead of you, the Startup Roadmap provides direction along the way. It will help you chart a course to success, minimizing detours and dead ends so you can get to your goal faster. This Roadmap will take you from the initial step of defining your business idea through your ultimate destination: launching your business. In each chapter, we’ll teach you what you need to do and give you the resources and expertise you need to get it done. Continue reading

Best practices for building a winning website.

website developmentYour website is often the first impression a person has of your business. Is your website a good representation of your company – or does it miss the mark?

In this webinar presented by digital marketing expert Sherry Bonelli, you’ll learn what to consider and implement as you build or update your website.

View the Webinar

Viewing this webinar requires some basic information. This data is only used within SCORE and will not be distributed to any third parties. Continue reading

Lean Canvas: Create Your Business Plan Quickly

Lean Canvas Model

 

View Webinar

Viewing this webinar requires some basic information. This data is only used within SCORE and will not be distributed to any third parties.

 

A key to starting and building a successful business is planning. Sometimes, a business plan is required, but it’s not always the answer to creating a successful business.  Sometimes, you need to think lean.

In this session, SCORE Mentor David Terrell will walk you through a Lean Canvas to help you create a “blueprint” of your business. He will provide practical tips and tools and teach you how to:

  • Determine the key categories of starting, testing and growing your business
  • Identify your target customers and what you need to do to get them to buy from you
  • Recognize your customers’ problems and how your product or service will solve them
  • Communicate your value propositions that set you apart from your competition
  • Test your solutions and get valuable feedback
  • Determine your cost structure, runway and revenue streams
  • Monitor key metrics to determine your business’s initial and ongoing success

Continue reading

What is the SCORE Business Learning Center?

The SCORE Business Learning Center (SBLC) provides aspiring and existing small business owners the business strategies and tactics needed to make sound decisions and achieve greater levels of success.

The SBLC supplements the business resources available on score.org. It fills the gap between the high-level content on our website and the personalized expertise obtained from a mentor.

At the end of a course, users will feel they have a better understanding of their chosen topic and the resources available for continuous learning. They will also have a mentor they can work with to apply the learning to their business.

You will find it here… https://www.score.org/biz-learning-center