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Introducing Buying & Selling a Small Business, a Step-By-Step Guidebook to help both buyers and sellers navigate the process.

< 1 minute read Introducing Buying & Selling a Small Business, a new resource from VtSBDC that provides you with a Step-By-Step Guidebook to help both buyers and sellers navigate the process. Both buyer and seller should seek additional guidance from a business advisor. The sale of a business requires time, research and careful planning.  Buyers must do their […]

Introducing The Plan, a step-by-step guide to writing your business plan

< 1 minute read Introducing The Plan, a new resource from VtSBDC that provides you with a Step-By-Step Guidebook to Planning for your Business. Planning is your map to success in the business world. You need to write a business plan if you are:– Starting or buying a business– Financing or refinancing your business– Raising debt or equity capital […]

NEW VtSBDC Resource: Easy Tips for Figuring Out Your Break Even Point

< 1 minute read Good news for those using our newest resource “Back of the Envelope”. We’ve taken it a step further with a second helpful worksheet that will help you estimate how much and what you need to sell to break even. It’s as easy as adding your anticipated operating expenses and up to five products that will be sold. Next, you will add the […]

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 […]

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 […]

Let Your Communication Plan Take Flight: Discover the Tactical Side of Marketing & Public Relations Planning

3 minute read In a three-part series focusing on communications and marketing planning, we shared the “why” behind having a well thought out plan in part 1. In part 2, we highlighted specific strategies. Finally, in part 3, we take a look at the tactical side of a sound communications plan. Assess, Strategize, Implement: Putting Your Communication Plan […]

Successful Communication Begins with Strategic Planning: Highlights of the VtSBDC Communications Plan

5 minute read In Part 1 of our blog series on Communications, we shared the Why behind having a well thought out, strategic plan to assess and reflect upon your business’ unique value proposition, target audiences, branding, and messaging. While most of us love to plunge right into the energetic, fun side of tactics, let’s take a pause […]

What’s the Buzz About?: The Five Why’s Behind the VtSBDC Communications Plan

4 minute read When four experienced, well-connected bankers decided to join forces and start a small community bank, their intended marketing plan was to open the doors of their flagship location and reach out to their contacts to say, “we’re open,” a frequently used approach that assumes, “build it and they will come.”  However, something happened during the […]