Work In Wyoming

Thanks to the state's wealth from its oil, coal and natural gas reserves, Wyoming doesn't get into your wallet for corporate or personal income taxes. Property taxes and energy costs are also among the lowest in the nation. The state also offers incentives like the Workforce Training Grant to help train employees, as well as the Business Ready Communities Grant and Loan Program, which helps communities within the state with infrastructure needed for business expansion and relocation. Among past projects are:  business parks, water and sewer to new business sites and buildings for firms willing to expand or move to Wyoming. 

 

Time to be cautious

The January edition of the Wyoming Business Report carried an article by Russell Smith, the Region VIII Administrator of the SBA, titled "Time to be cautious when starting a small business".  He discusses the current economy and the Top 5 reasons tha...

Tuesday, 21 April 2009

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Tough market conditions offer th

As a former [read as: reformed] banker, I find that a majority of my friends are either bankers, portfolio managers, or business service providers.  Perhaps that is because of the propensity to see these same individuals at the golf courses and other...

Tuesday, 21 April 2009

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Balance sheets for balanced live

A balance sheet is a listing of assets (items of value the business owns) along with a listing of liabilities (what the business owes to others) as of a particular date. The difference of the two is your ownership interest (equity) in the business. T...

Tuesday, 21 April 2009

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The Wyoming Partnership Challeng

The Wyoming Partnership Challenge Loan Program is not designed only to help main street businesses.  There are a variety of agricultural businesses who have worked with their local lender to take advantage of the program.  The loan program is desi...

Tuesday, 21 April 2009

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Spreading the word doesn't have

Spread the word about your business without the expense of a major marketing campaign. There are so many things one can do without spending a lot of money; promotions are those “things” and using them is critical for the success. And, promotions sho...

Tuesday, 21 April 2009

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Record keeping for businesses

I’m not a professional bookkeeper and I don't like to spend my time keeping records! Keeping good records is essential for any business owner. New businesses must decide whether to do their own recordkeeping or hire someone for the processes. Often ...

Tuesday, 21 April 2009

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