I love Colorado Springs. And not just because it has great weather, great outdoor activities, great people, or because it’s the home of the United Stated Olympic Training Center.
I love Colorado Springs because for a region of just over 600,000 people, we have a surprising amount of innovation and new business support.
BiggsKofford is excited to announce a strategic alliance with McNew & Associates, a local leader in government contracting consulting. Our relationship with McNew makes BiggsKofford the leading accounting firm in Colorado Springs when it comes to government contracting with solutions in accounting, contract management, bid identification, small business set aside qualification, and quite a bit more.
It wasn’t long ago when it seemed that the answer to every business challenge was to “get out and sell more.” Now, business owners are scrutinizing their operations for ways to squeeze out every last drop of profitability. Let’s look at four ways to increase your profitability and grow your business.
This week was actually fairly average as far as the dollars invested, but it felt like a train wreck for most of the show. Daymond was the only Shark really interested in any of the pitches and he convinced Kevin H to join him on one venture. Together, they invested $290,000 in two companies for an average stake of just over 50%.
This week Kevin H. makes up for many episodes of limited investing by putting $235,000 to work in both of the successful pitches. He also takes Kevin O by surprise and undercuts Robert in a deftly handled negotiation maneuver. All together, the Sharks invested $305,000 and snagged an average stake of 50%.
If you’re not already aware of Matt Barrett of the Colorado Springs Small Business Development Center’s Small Business Blog, go on over and check it out. His most recent post is on a few of the often overlooked steps an entrepreneur should take before putting their business up for sale.
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So you’re thinking of selling your business and you’re wondering whether you should engage a business intermediary, broker, or mergers & acquisitions professional to help you through the process. Here are 10 reasons to engage a business intermediary.
I had the privilege of sitting down with Melissa Knutson, a business banker from Chase in Colorado Springs and asking her about the state of small business lending in Colorado Springs.
Although dragging myself out of bed to attend the Peak Venture Group’s breakfast by 6:30am was a challenge at first, the experience proved to be entirely worth the effort. Today’s topic was designed to offer alternatives to the traditional funding path of Friends & Family – Angel Investors – Venture Capital – IPO/Strategic Buyout.
Laura Benjamin interviewed Jeff Schneider, president of Entrepreneurial Finance & Accounting Services to get his top tips for entrepreneurs and small business owners. It is important for business owners to understand their cash flow needs, but it lean times it becomes critical. Find out more about financial modeling.
