Business Trends for 2023 Dec 19, 2022Source: US Small Business Administration
It’s difficult to understate all the changes the business landscape has seen in the past few years, and yet entrepreneurs have responded with incredible adaptability. Perhaps that is one of the biggest reasons small business owners are optimistic about the future. In fact, 66% expect revenue increases and more than half ...Read more »
Big Changes to the 1099-K Oct 20, 2022Source: Maine SBDC
What’s the big change?
Starting in 2022, third-party settlement organizations (TPSOs) must report any income you receive “for goods and services in excess of $600” to the IRS. Prior to the bill, these processing platforms only reported income when it was more than $20,000 and included over 200 transactions in a year. That’s a ...Read more »
Cape Fear Manufacturing Partnership Sep 22, 2022
The week of August 22-26 was an exciting one, as the SBTDC at UNCW partnered with the Cape Fear Manufacturing Partnership (CFMP) and the UNCW Cameron School of Business to provide a student engagement opportunity for an executive MBA team comprised of 6 students from UNCW and University of Surrey in the UK. CFMP was ...Read more »
New Southeast Chapter of NC World Trade Association Sep 22, 2022Contributed by Paige O’Neill, International Business Development Counselor
Can going Global recession proof your business? Do you know where to get assistance to expand internationally? Do you stay up at night worried about international supply chain delays? Are you able to finance your trade growth? Are you a technology, product or services company that wants to ...Read more »
Where’s the beef? Sep 21, 2022
Contributed by Byron Hicks, SBTDC State Director
I hope some of you are old enough, as I am, to remember the Wendy’s Hamburger ad with the elderly women yelling “where’s the beef?” For small business owners the question is “where’s the money?” Capital for small businesses IS available. It is just not where we are used ...Read more »
SBTDC Staff Recognized at National Conference Sep 21, 2022Each year America’s SBDC asks that each network select a State Star from their program. The State Star is an exemplary performer, makes a significant contribution to their SBDC/SBTDC program, and shows a strong commitment to small business.
This year we are excited to announce that Alex Viva is the North Carolina SBTDC’s State Star. ...Read more »