Retired Educator Launches Second Career as Innkeeper
2 minute read By Amanda Kuhnert Rita Wood likes to stay busy. That’s why she knew retirement wouldn’t include much downtime. “When the pandemic hit and my time for retirement as a speech/language pathologist was approaching, I thought about the future,” she said. “Being someone who can’t do nothing for very long, I mentioned to my husband Corey […]
Pay Attention to the BACK of the Envelope
2 minute read In the start-up stage of a business, having access to capital will often be a key factor in determining its success. An important part of that capital structure can be the effective use of debt. In fact, borrowing is often necessary to grow or effectively manage cash flow. The essential part of managing debt is […]
See it. Understand it. Own it. Win it. Accomplish your business goals by Knowing Your Number$
4 minute read “Never take your eyes off the cash flow because it’s the lifeblood of the business.” – Sir Richard Branson, business magnate, author, investor, philanthropist Have you ever seen someone’s eyes light up when they talk about cash flow? That was the case during a recent conversation between The Starting Point and Vermont Small Business Development Center’s […]
Women-Owned Collective Boutique Opens in Bennington
2 minute read By Amanda Kuhnert “As women business owners we felt that we needed to create a space where other women makers, artisans, and entrepreneurs could come together and be empowered,” said Sarah Krinsky, co-owner of W. Collective in Bennington, Vermont. She and co-owner Bri Magnifico opened their store and café on Bennington’s Main Street in July. […]
COVID-19 Grant and Loan Dashboard
2 minute read The numerous COVID Loan and Grant options offered by the Feds and the State of Vermont can be easily confused. To help business owners document and organize important information on each loan and grant your business has received, VtSBDC has designed a dashboard tool. Using the COVID-19 Grant and Loan Dashboard, you will have the […]
Small Local Manufacturing Company Makes Strides During Pandemic
2 minute read By Amanda Kuhnert In 2020, after five years in business, the owners of Vermont Evaporator Company made a dramatic change to their business model. They moved to 100 percent online sales. Spurred by the pandemic, the new sales approach is “much more efficient than running the fair circuit from May through December to drive revenue,” […]
Entrepreneurs of All Ages Pitching in Vermont
3 minute read Vermont’s Future is in Great Hands with These Budding Young Entrepreneurs By Priyanka Prakasha Every July, VtSBDC looks forward to assisting with the annual, week-long entrepreneurial program for local high school students, put on by the Governor’s Institutes of Vermont. This event holds a special place in VtSBDC business advisor and student entrepreneurship specialist, Laurel […]
Why You Need Interns Right Away: The Symbiotic Relationship that Allows your Business to Thrive
3 minute read By Priyanka Prakasha In biology, there is a type of symbiotic relationship known as mutualism that describes the interaction between two parties in which both of them benefit. Take the oxpecker and the rhino, for example. The oxpecker lands on the rhino’s back, eating any ticks it finds. The oxpecker gets food and the rhino […]