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National Small Business Week - Celebrate with Brighton!

Thursday, March 30, 2017


Last year, Small Business Partners hosted 900 events around the country for National Small Business Week. Are you ready to join the Brighton Economic Development Corporation to make the party even bigger this year? Mark your calendars: Plan to Celebrate Small Business in Brighton with activities happening each day from May 1- May 5th.

On Thursday May 4th  from noon till 3:00, the Brighton Economic Development Corporation will host “Access to Capital” day.  Brighton EDC partners including North Metro Denver SBDC, the Small Business Administration, Colorado Enterprise Fund, Accion, Colorado Lending Source and private banks will be on hand to discuss your lending needs.  There will be a lenders panel with Q&A with the banks and nonprofits lenders answering group questions.  Additionally, Colorado Enterprise Fund will conduct their “Business Acceleration” presentation for those in attendance.

On Friday May 5th North Metro Denver SBDC at Brighton with our partners Brighton Economic Development Corporation and Front Range Community College will host the Business Development and Resource Day at Front Range Community College Brighton Campus with a variety of workshops, business resources and one-on-one consulting for business owners.

10 Signs You Need Better a Better Understanding of Your Business Finances

Friday, September 04, 2015
      by Brian Cathcart, CPA, MS
Larimer SBDC Consultant
The Financial Lab

You are probably really good at providing the products and/or services of your business. But you might not feel so competent or confident about the accounting and financial analysis part of your business. Maybe you need to change your mindset regarding your financial reporting as something to get excited about. 

Don’t you get excited about things that make you money?  Financial reporting and analysis makes you money!

10 Signs You Need Better a Better Understanding of Your Business Finances
  1. You don’t know the role of accounting or what accounting means. 
  2. You are not using financial information regularly to make better business decisions.
  3. You don’t know how to calculate your break even or how to calculate sales necessary to achieve a desired level income.
  4. You don’t know what accounting infrastructure means.
  5. You don’t know what accrual based accounting means.
  6. You don’t understand why the balance sheet is the most important financial statement.
  7. You don’t understand why it is necessary or how to perform monthly reconciliations and close the books.
  8. You have a large accounting role without adequate training and education.
  9. You are a business owner or manager that would like to freshen up on all this accounting stuff.
  10. You are not excited about monthly financial analysis.
Do any of those strike a chord with you? The good news is the Larimer SBDC is here to help! We have free, confidential, individual business consulting with professionals like myself who understand the impact financials have on your business growth, as well as several upcoming training options. 

Check out the following helpful classes that are coming up soon:

Friday, October 2 9:00 AM - 11:30 AM
Quick Books Step 1 - Getting Started 
Brighton 
Friday October 9 9:00 AM - 11:30 AM
Quick Books Step 2 - Setting Preferences
Brighton
Tuesday, October 13 6:00 PM - 8:00 PM
Tax 101
Westminster
Monday, October 19 9:00 AM - 1:00 PM
Accounting Basics Designed for Entrepreneurs (2 Sessions)
Westminster

Need help sooner? Classes don't fit your schedule? 

Click here to request an appointment.


North Metro Denver SBDC 2nd Quarter Update

Wednesday, August 19, 2015
Photos courtesy of Kim Liddard
By Kat Rico

On July 29th, the North Metro Denver SBDC held its second quarter consultant and facilitator training. Between the main Westminster office at Front Range Community College (FRCC), Brighton and Broomfield satellites, the North Metro Denver SBDC reported year to date consulting hours of 1,116, with reported 16 business starts, $799,000 in new capital formation, $1.2 million in increased sales and 38 jobs created through July 2015. 

During this meeting, two key players from the SBDC were recognized for their contributions towards these goals. Jon Jaggers, who was previously awarded “Consultant of the Year” in 2014 for the Colorado SBDC Network, was awarded “Consultant of the Year” by the North Metro Denver SBDC. He has been a crucial component in the developing manufacturing program that aims to help small businesses implement LEAN processes and secure better contracts, allowing these businesses to grow faster. 

Linda Kielian was recognized as the North Metro Denver SBDC “MVP.” She has been with the SBDC for about two years in a part-time capacity. Her efforts are largely behind the scenes, coordinating many of the administrative and financial processes that are needed to run classes, complete reporting and more. 

The North Metro Denver SBDC at FRCC is looking towards the future and the growth of the manufacturing program and our continued impact throughout 2015.  

Chopsticks Vietnamese Restaurant

Thursday, July 23, 2015

What makes a new restaurant unique? A flashy space, an artisan menu? At Chopsticks Vietnamese Restaurant in Brighton, Colorado, it takes a careful balance of fresh food, community and family, brought together by owner Hieu Nguyen. The menu is straight from the streets of Saigon, created by her aunt, Khue Tran, who spent 18 years in Vietnamese restaurants before coming to the United States. At Chopsticks, you won’t find a recipe book or canned sauces; they pride themselves on making everything on the menu from scratch, right down to the fish sauce. 

As of July 2015, Chopsticks has been open for about two months. Several times each week, Hieu heads to market to buy fresh vegetables for the restaurant, which are all cut to order for each dish. They also use a fresh wok for each dish, making it easy to accommodate food allergies and dietary restrictions. “It is a lot of work, but definitely worth it,” says Hieu. This commitment to freshness and cleanliness comes from a deep desire to provide excellent customer service to their community. “We strive to provide a cozy environment where everyone and his or her family will feel at home enjoying authentic and flavorful Vietnamese food.”

Hieu was born in Vietnam and came to the United States at 9 years old, eventually graduating from CU Denver with degrees in International Business and Accounting. She noticed while working in the banking industry she had increasingly little time to spend with her family, which is what inspired her to open the restaurant. “It gives the whole family a chance to work together. With five family members here, work-life balance becomes easier and we get to spend more time together.” 

Getting to opening day posed several challenges. They needed assistance with paperwork, marketing ideas and a network of support, which Hieu says the SBDC was crucial in providing. Simply put, “Without the SBDC, we wouldn’t be open.” An unforeseen challenge of the restaurant was that other than Hieu’s aunt and mom, none of the family had worked food service before. “We had to learn the rhythm of the family,” says Hieu, “and it nearly drove us crazy!” After a rocky two weeks, the family smoothed out the bumps in the road much to the enjoyment of their developing regular customer base. Beyond getting to know their customers, Hieu’s favorite part of the process has been building their menu. “My aunt creates all of the dishes from scratch, so we had to give a lot of feedback. We have over 100 dishes on the menu!” Her favorite item is the taro boba tea: a fruity, Vietnamese smoothie with chewy tapioca balls at the bottom.

Although the process has been challenging, Hieu encourages other entrepreneurs to take a chance. “Just do it! Don’t be afraid or you’ll regret it. Also, don’t be afraid to ask for help, there are always people willing to help.”


B2B Golf Connection

Tuesday, July 21, 2015


Golf, an adventure through greens, fairways, bunkers, and other hazards, remains one of the greatest ways to build and maintain solid business relationships. 

Golf teaches you about a person's reactions in adversity—how they deal competitively with situations… I'm not worried about their skills as a player, but rather how they conduct themselves, as golf, like business and life, will test you in a multitude of ways. 
 - David Rynecki, former golf and business journalist and author

The way a person plays golf speaks volumes about the way they approach their business as professionals. Reasons business leaders use to conduct business: 
  • - Anyone of any age can play
  • - The handicap system used in scoring anyone of any capability can play with other more experienced golfers
  • - During a 2-4 hour game there is plenty of time to talk
  • - Build relationships and learn a person’s character
  • - In golf the culture is one of rigorous honesty
Savvy business people understand the strategic potential of golf; they plan and execute their playing as carefully as they do any other aspect of their business. 

Register today for the 1st Annual Golf Connection and learn what savvy business people understand about the doing business on the golf course.  This event is structured to connect experienced business leaders with emerging business owners (i.e. Prime contractors with subs, Business leaders with small business, etc.). 

The event opens with appetizers and networking during  registration. Golf Pro Danny Hughes will give a keynote on success lessons for golf, business and life. Following the brief keynote address, participants will be connected with a business leader who will share secrets of business success during a nine hole round of golf.  Participants will be paired off in teams of four and the emerging leaders will switch places mid-point, giving each participant time to share with two business leaders during the course of play. To complete the event all participants will meet again in the club house for a buffet dinner and more networking and discussion on lessons learned.


Image Credit: Heritage Todd Creek Golf CourseEvent Date: August 25, 2015
Location: Heritage Todd Creek Golf Course
Fees: $80.00
Schedule of Events
Networking and check-in: 3:00-3:30 p.m.
Shot gun start: 4:00 p.m.
Dinner: 6:30 p.m.




Hosted by:

               

For Assistance or questions:

     Teri Sanchez
     Program Management Coordinator
     Brighton Economic Development/North Metro Denver SBDC
     tsanchez@brightonedc.org
     303-655-2150 

     Joseph Serna
     Program Director
     USDOT Small Business Transportation Resource Center West Central Region
     303-290-6611 ext. 29 

     LeRoy Romero
     State Director Minority Business and Women's Office
     Colorado Office of Economic Development & International Trade
     L.Romero@state.co.us
     303-892-3764