The SBTDC's State of Small Business Blog

  • NC Global Advantage Forum Honors Representative David Price Jan 11, 2023The annual NC Global Advantage Forum seeks to engage and convene a broad cross-section of North Carolina leaders to focus on global opportunities in education, economic development, and entrepreneurship. Sponsored by GO Global NC, in partnership with the NC Coalition for Global Competitiveness, the event also highlights North Carolina’s global engagement success stories. The 2022 Forum ...Read more »
  • SBA to Offer Disaster Loans with No Interest and No Payments for First Year Dec 19, 2022The US Small Business Administration has announced that they will waive the interest rate for the first year on new disaster loans and extend the initial payment deferment period automatically to 12 months. New disaster loan borrowers will now have up to one year from the date of the note to begin making payments, instead of ...Read more »
  • 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 »

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