When the family owners of Studley Flower Gardens of Rochester, New Hampshire started to feel the impact of the arrival of some area “big box” retailers in 2010, the company sought help from the business advisors of the New Hampshire Small Business Development Center. Together, the Meulenbroeks of Studley Flower Gardens and NH SBDC Seacoast Regional Manager Warren Daniel worked on budgeting processes, setting goals for cost sales, developing a capital improvement budget, and creating a bonus...Read More
The number of women-owned businesses in the United States continues to increase at rates that exceed the national average growth rate among all businesses, according to this latest report from American Express OPEN. However, those women-owned businesses remain smaller than the average in terms of number of employees. Of the 9.1 million women-owned firms operating in the U.S. today, 7.9 million people are employed. This is always confusing, because they don’t include owners as employees. Maybe...Read More
Hollis McGuire, Nashua Regional Director of the NH SBDC, talks with guest host Jon DiPietro on Girard at Large. McGuire described the SBDC and its mission to assist NH businesses. Eighty percent of the businesses SBDC has counseled are successful. They also discussed the obstacles facing start-up businesses and McGuire addressed some of the regulatory and tax burdens that impede startups. Read More
The idea of starting your own business is both exhilarating and daunting.
If you succeed, starting your own business gives you an opportunity to realize your own personal vision rather than the vision of an existing company and you benefit directly from your hard work.
But success is far from a guarantee. Fifty percent of new businesses fail in their first year and by the fifth year six in 10 businesses go under.Read More
On Wednesday, December 4th the SBDC officially launched its latest eLearning Course, "Finding Your Export Markets", with its Advisory Board, partners UNH Peter T. Paul College of Business and Economics and the NH Dept. of Resources & Economic Development, and the Office of Senator Jeanne Shaheen. The course was created with funds from the Small Business Jobs Act of 2010.Read More
In a 2013 survey of small businesses across the country, New Hampshire has earned an A-plus overall rating. It ranked #3 in the nation for its overall small business friendliness, in the survey that examined issues such as easy of starting a business, ease of hiring, regulations, health and safety; employment, labor and hiring; tax codes; licensing; environmental and zoning. It ranked #2 for the ease of starting a new business in the state.Read More
Rich Grogan joined the NH SBDC in September 2012 as Keene Regional Manager. A native of Winston-Salem, NC, he comes from an entrepreneurial family which is evident in his passion for small business. Rich comes to the NH SBDC with a diverse background in a variety of industries, including manufacturing, marketing, banking, higher education, and public administration. Read More
NH Small Business Development Center announces the appointment of Adria Bagshaw, Vice President, W.H. Bagshaw Company, as Chair of the NH SBDC Advisory Board. Bagshaw has served on the Advisory Board for four years.Read More
The Small Business Administration has recognized Turbocam International in Barrington as the New Hampshire Small Business Exporter of the Year.
Of the $68 million that Turbocam brought in last year, 70 percent came directly or indirectly through exporting. Indirect exporting occurs when the company sells components to another company to build items, which then get exported.Read More