Since 1998, the Kentucky SBDC has set aside a day to celebrate small businesses in Northeast Kentucky. Join us this year as we honor and recognize the hard work and dedication of our small business owners and entrepreneurs in Boyd, Carter, Elliott, Greenup, and Lawrence Counties.
Welcome to this guide on using ChatGPT specifically tailored for small business owners. This guide will cover the basics of using ChatGPT, including prompts, priming, and personas, with a focus on examples relevant to small businesses. 1. Prompts Prompts are the starting point of your interaction with ChatGPT. They’re simply the text you input, which …
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If you are a business owner who needs to file an extension on your federal tax returns, you may be wondering what steps you need to take and what consequences you may face. Filing an extension can give you more time to prepare your tax documents and avoid penalties for late filing, but it does …
Advice for when you need to file an extension on your taxes… Read More »
Closing your business is one of the most difficult decisions you can make as an entrepreneur. It is not something you can do lightly or impulsively. It involves weighing the pros and cons, considering the impact on your employees, customers, suppliers, and partners, and coping with the emotional toll of letting go of your vision …
ROBS financing is a way for entrepreneurs to use their retirement funds to pay for new business start-up costs without paying taxes or penalties on the withdrawal. ROBS stands for Rollovers as Business Start-Ups, and it involves setting up a C corporation, creating a 401(k) plan for it, rolling over existing retirement funds into the …
What is ROBS financing and how can it help me finance my business venture? Read More »
WASHINGTON – Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Kentucky following the announcement of a Presidential disaster declaration due to the severe storms, flooding, landslides and mudslides that began on July 26. “SBA’s mission-driven team stands ready to help Kentucky small businesses and residents impacted …
Small Business Development Center (SBDC) Day is on March 16, and I wanted to take the opportunity to share how the Kentucky SBDC has helped me find the joy in my business again. I’m an artist. Like a lot of artists, I’ve had other jobs that paid the bills over the years. About 10 years …
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The 8(a) Program helps provide a level playing field for small businesses owned by individuals who are socially and economically disadvantaged. In this effort, the government limits competition for certain contracts to businesses that participate in the 8(a) Business Development program. To apply for the 8(a) program a business must: • Be a small business …
SBA 8(a) Business Development Program 4-part Series Read More »
ATLANTA – The U.S. Small Business Administration (SBA) announced additional counties added to the Kentucky disaster declaration for businesses and residents affected by the severe storms, straightline winds, flooding, and tornadoes beginning on Dec. 10, 2021. Also, the SBA announced today the opening of a second Business Recovery Center (BRC) at the Hopkins County Regional …
SBA Adds Counties and Second Center to Kentucky Disaster Declaration Read More »
WASHINGTON – The U.S. Small Business Administration announced today the opening of a Business Recovery Center (BRC) at the Joe Creason Community Center in Benton on Wednesday, Dec. 15 to provide Kentucky businesses with one-on-one assistance in submitting a disaster loan application if they were impacted by the severe storms, straight-line winds, flooding, and tornadoes …
SBA Opens Business Recovery Center in Benton, KY Read More »