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Mar 09

by Randy Nelson

We are in the business of helping people be successful in starting or growing their business. Historically we have seen a number of people who are unhappy in their jobs and are interested in owning their own business. Lately we are finding more and more people coming to our doors where their job they were very happy in has unexpectedly disappeared. Continue reading »

Mar 09

by Randy Nelson

Buying locally is now one of the most advertised messages in our community. It is probably one of the most advertised promotions in every community in the Country now. I am sure it is no surprise but with times being what they are the businesses are more than ever reliant upon getting every dollar they can in revenues. Continue reading »

Jan 11

Post Written By RandyNelson – Follow us on Twitter

As the new decade unfolds there are always people who not only bring up the past, but are still living in the past. At the end of 2009 people hear or relate stories about how greed ruined the economy, their credit score, and the valuation of all their assets. Now that the Christmas season is over and the seasonal visitors are probably leaving soon people are wondering about running out of money soon. The biggest complaint is now that they may need financing to help their business survive through the summer the banks are not lending money to anybody. Continue reading »

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Oct 20

Post Written By RandyNelsonFollow us on Twitter

I recently had the experience of hearing about the experience of attending traffic school. This was very interesting since it has been around ten years since my last Saturday afternoon of watching videos and listening to how people got tickets. The interesting part was about all the changes you never really hear about as far as changes to the law for operating a motor vehicle.

It is very interesting that you cannot wave at anyone using only one finger anymore. If you are caught (a cell phone picture will do) waving you can be cited for assault and may have jail time and a fine. The photo radar is another area where information has been distributed which may be false. If you receive a ticket via photo radar you are required to pay the fine. Should you not pay you will eventually have an arrest warrant issued with your name on it. One last one, you cannot wait in the middle of an intersection to make a left hand turn anymore.

If you are like me, generally not too aggressive on the road and relatively accident free, you have probably not followed these changes to the law. I would even venture a guess that the wonderful legislators who even proposed these new laws (somehow sometime they were probably offended or got a ticket they obviously didn’t deserve and created a new law to get even) have been term limited or voted out of office by now.

What does this have to do with small business issues I usually address? It is no surprise that new laws occur every year. If you don’t believe me look at the IRS, or City Zoning codes.

Also like MVD the changes in the law are not readily communicated to anyone. However the law is the law and a small business owner is expected to comply whether they are aware of any changes. Thankfully most of the changes are not things that threaten to put you into jail, but there may be fines for non compliance.

How can you as a business owner continually educate yourself on what has changed and what you now need to do to be in compliance?

1. Follow election results
2. Contact organizations like your local Chamber, or BBB
3. Use forms from the internet, rather than copies of old forms
4. Read, read, and read

If you have encountered any changes where you are unsure of your compliance feel free to contact us for no-fee, confidential counseling. The Small Business Development Center either has the current knowledge, or knows how to research and find the answers for you. To request an appointment just go to our website http://awc.azsbdc.info and find the request for confidential counseling on the tool bar.

Online Request for SBDC Counseling


Oct 20

President Obama Will Announce Series of Initiatives Wednesday Aimed At Boosting Credit to Small Businesses
WASHINGTON — President Barack Obama is expected to announce a series of initiatives Wednesday aimed at boosting credit to small businesses, an administration official said, as the White House tries to address a complicated issue many think is dragging on the economy.

The White House will move to increase the caps on existing Small Business Administration loans. It will also include measures to make it easier for small banks to access funds from the Troubled Asset Relief Program.

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Oct 09

Post written by: Alan Pruitt — Follow us on Twitter

Many clients visit our SBDC office with business issues that are rooted in their personal (or business) credit history. It is the last financial gasp that the business is struggling with and the lack of credit history or a poorly managed credit history that has the business owner’s back against the wall. It takes awhile to fix or delete credit report items that are causing the anxiety and the wrong time to address credit report issues is when you are seeking financial alternatives to fix the problem. Continue reading »

Oct 06

Post written by RandyNelsonFollow us on Twitter

I recently have had a discussion on websites. Our own website http://awc.azsbdc.info is fairly functional and professional looking but not necessarily very stylish. We could have someone add a number of bells and whistles to our website for a fee, but for me to invest in additional development it must meet certain criteria. Continue reading »

Oct 04

Post written by Randy NelsonFollow us on Twitter

Communication is often seen as a barrier to individuals, especially in this Country. Effective communication also comes in many shapes and forms. I am very proud to have a working knowledge of some languages other than Basic English which over the years have helped me become more successful than if I would have been monolingual. Continue reading »

Oct 01

Post written by: Alan Pruitt — Follow us on Twitter

Arizona has the dubious distinction of being the leader (per capita) in identity theft. As individuals this is, of course, a cause of concern. But as a business and business owner what does this mean?
In the July 19, 2009 edition of the Arizona Republic it was reported that the Federal Trade Commission (FTC) would require, as of August 1, 2009, businesses to have in writing identity theft preparedness policies. These policies also include many non-profit groups. However, the FTC again extended the deadline for enforcement of the Red Flags Rule to November 1, 2009.
The Red Flags Rule was authorized under the Fair and Accurate Credit Transactions Act or FACTA. Pursuant to this rule, every business that collects and/or stores information about others; such as names, addresses, credit card numbers, Social Security numbers, etc. are required to have in place written identity theft preparedness policies. At a minimum, the written policy must have:
· One employee to coordinate the company’s information security program
· Assess and identify risks to customer information in each area of the business’s operations
· Develop and maintain a safeguards program to protect customer information and regularly test and monitor the program
· Select and utilize service providers that maintain appropriate safeguards
· Regularly evaluate the program and modify it based upon operations or results from the testing and monitoring of the program
Failure of a business to have these safeguards in place could mean fines up to $3500 per ID theft incident. This of course does not include the lawsuits filed by the consumer against the company. Security breaches affect businesses in other ways. In an article by Edward McNicholas, partner in the law firm Sidley Austin, published in the CIO (Chief Information Officer) magazine, he said 20% of your consumers will no longer do business with you, 40% will consider ending the business relationship and 5% will be hiring lawyers.

These are the main regulations to be implemented but are not all inclusive of the new requirements for business security. In short, you as a business and business owner cannot afford to be unprepared. And you certainly cannot afford to hope the FTC will extend the deadline again.


Identity Theft is a global industry that practically no one is immune from. Even Mr. Ben Bernanke was a recent victim and he is the Federal Reserve Chairman!
Four times since June 2009, I have been contacted by the fraud department of my credit card issuer and informed that my credit card (that was in my wallet — or so I thought) was being used for fraudulent purposes. Continue reading »
Sep 29

Post written by: Alan Pruitt — Follow us on Twitter

So, if you were not already aware — flu season is upon us in the Northern Hemisphere and it promises to be a rocky (or smooth) ride — depending on how you interpret the “flu news” that is bombarding us everyday. Your ability to have a “flu strategy” (family and business) may determine if you can cope with sudden employee absenteeism or even your own absence from work for up to 5-7 days. Can your business survive a “flu meltdown”? Continue reading »