Small Business Development Center
At Chemeketa Center for Business & Industry
chemeketa students

Monthly Archives: October 2009

We’re moving!

By Chemeketa SBDC

If you haven’t heard the news already, Chemeketa’s Center for Business and Industry is moving to a brand new location!

We’ve been located on Ferry Street for over 20 years, but we’re excited to be relocating 7 blocks north to a new building with other business-related organizations.

Our new site is at 626 High Street NE at the intersection of Union (see map) on the second floor. We’ll be joined by SEDCOR, Portland State University, Northwest Innovations, Enterprise for Employment and Chemeketa Customized Training department.

Please pardon our dust while we make the transition the week of October 19. If you are signed up for classes during that time, we’ll be sure to let you know which site your class will be held.

Featured class: I Use QuickBooks and I’m Stuck!

By Chemeketa SBDC

I Use QuickBooks and I am Stuck! Now What? – Get unstuck. Bring your list of questions and our QuickBooks experts will answer each one in depth. Guaranteed to be engaging and fun.

Instructors: Mary Overfield, Owner, Balanced Books Bookkeeping Service and Marcia Bagnall, Interim Director, Small Business Development Center

Date: Tuesday, October 13

Time: 8 am to 10 am

Location: Chemeketa Center for Business & Industry, 365 Ferry Street SE, Downtown Salem

Cost: $25 for Salem Area Chamber members/$50 non-members

To register, call: 503.399.5088

Seeking grants for your small business?

By Chemeketa SBDC

While there is a commonly held belief that grants are available for small business owners, the truth is that very few exist.

There are some grants available for specific agricultural operations and new energy technologies. However if you need money to start a small business or keep an existing one operating, you have to rely on either traditional lending or your own creativity.

Here are a few suggestions to consider if your businesses in a financial pinch:

  • Looking through resources that the Small Business Administration offers
  • Applying for a line of credit or home equity loan from your current bank or credit union.
  • Discussing your plans with family or friends if they’re interested in helping you.
  • Modifying your plans so you need less start-up money or  have lower monthly expenses.
  • Meeting with a small business advisor to look over your financial statements and discuss where you can cut costs and increase revenues.
  • Supplementing your business income with part-time or seasonal work so you can grow your business with less pressure.
  • Take a bookkeeping class to find outstanding accounts receivable.
  • Creating an exit strategy so that you have a soft landing as you close your business.

If you’re feeling the pinch, feel free to give us a call at SBDC. We can help you find options and solutions. 503-399-5088.