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Small Business Development Center’s Excellence and Innovation Award

Wednesday, April 05, 2017

North Metro Denver SBDC won State of Colorado
and Region VIII awards


The North Metro Denver SBDC, hosted by Front Range Community College in Westminster since 1989, received its award based on the center’s efforts to effectively assist small business owners, and its innovative approach to serving small manufacturers throughout Colorado. Since becoming senior director in 2011, Glenn Plagens has grown consulting over 500% during his tenure. The center has satellite offices in Brighton, Broomfield and Commerce City. Last year, the center provided over 2,600 hours of consulting for over 560 clients, $9,184,276.00 of capital formation, 25 business starts and 126 jobs created. Currently the center has over 30 consultants and trainers working with clients to provide the best possible experience. In an effort to better serve the state’s small manufacturing clients, Plagens created a “Beta Manufacturing” program, working intensively with four small businesses of a 2.5 year period, which led to the creation of 23 jobs, $5,200,000 in capital formation and $4,002,000 increased sales.

       

2016 North Metro Denver Annual Report

Tuesday, March 07, 2017
 

Glenn Plagens

North Metro Denver SBDC Director      
2016 was a great year for the North Metro Denver SBDC. Together our team continued to set new records for client impact and launch new programs targeted to the growing population of Adams and Broomfield counties. It was a super busy year and has set the stage for us to continue to grow and serve our small business community. 

The North Metro Denver SBDC teamed up with the Adams County Commissioners, Adams County Economic Development (ACED) and Colorado Enterprise Fund (CEF) to launch the Adams County Microloan Fund. The Fund was launched with $1 million, the largest fund launched in the state so far. We also worked with Manufacturer's Edge to launch the Small Manufacturer's AdvantEdge (SMA) program. This took our "test" manufacturing program to a statewide initiative and created a formal partnership between the Colorado SBDC Network and Manufacturer's Edge, the first formal program in the states. In the fall the North Metro Denver SBDC produced the first annual Adams County Small Business Conference at Front Range Community College (FRCC). The conference was a day of training, workshops and resources for the small business community. More details for all these programs can be found in this report. 

I would like to give a special thanks to the overwhelming community support our program receives. Our host FRCC, Adams County, Broomfield City & County, Arvada, Brighton, Commerce City, Federal Heights, Northglenn, Thornton, Westminster, the Minority Business Office, the Governor's Office of Economic Development and International trade and of course the Small Business Administration; all working in partnership to make this program a reality. 

I have the pleasure of serving a great team of consultants, trainers and staff. I cannot say enough about their dedication and ability and would like to thank them for their service. And saving the best for last, I would like to extend our sincerest gratitude to the small business owners we serve. As you know you are the backbone of our economy and it is our pleasure to serve you. I know what it is like to walk a million miles in your shoes, thank you for all you do and know you are appreciated - Great Job! 

2017 here we come ... 

Glenn Plagens 
North Metro Denver SBDC Senior Director 

Read the Full North Metro Denver SBDC 2016 Annual Report


Call for Small Business Instructors!

Monday, September 28, 2015

Do you have valuable knowledge or a particular set of skills you'd like to share with small business owners? The North Metro Denver SBDC is seeking instructors to develop and teach new classes in Westminster beginning in January 2016. We are entering our planning stages now, so please submit your ideas and contact information to:

Marty Holladay
marty.holladay@frontrange.edu
Program Coordinator
North Metro Denver SBDC

We're looking for classes that will be unique and challenging for our entrepreneurs. Volunteering to teach a class with the SBDC is a great way to share your expertise with new business owners and contribute to a more diverse economic community. Contact us today!

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.


Leading Edge Fall 2015 Registration Open

Thursday, August 20, 2015
Spring 2015 Leading Edge Graduates

Starting a business is not for the faint-hearted. Most of us were never taught to be business owners: we were taught to be employees. This 10 week course is designed to help entrepreneurs develop a business strategy and/or business plan through a discovery process that starts with a business concept, moves to designing and testing for a viable (profitable) business structure that results in a executable plan of action (business plan). It is in a blended learning format that combines an online learning platform with classroom time. The online learning platform will be filled not only with the information needed to write a business plan, but to actually start and run a business. Class time will be dedicated to interactive learning exercises and guest experts to act as guides for your business success. Depending on individual needs, you will complete either a formal written business plan or an internal working strategy that outlines actionable steps with measurable outcomes and time-bound deadlines. The course registration fee includes one participant and access to the online training materials and business resource library.

For multiple registration or more information, please call 303-460-1032 after your initial registration. Unregistered guests will not be admitted to the course. Seating is limited. 

WHAT TO EXPECT:

  • - Peer learning with a group of like-minded entrepreneurs
  • - Minimum of five hours of one-on-one consulting assistance
  • - Access to an online resource library with videos, white papers, financial spreadsheets and templates to help you build your plan of action
  • - Ten three-hour weekly classroom sessions including interactive group work and guest speakers; plus reading assignments, online presentations, group discussion forums, and homework assignments
  • - Introduction to potential lenders at a funding options panel
  • - Feedback on your business plan or strategy three times during the course
  • - Entry into a business plan competition for a chance to win prizes and have your business plan reviewed by a banker and an accountant
  • - Optional participation in Trout Tank, a pitch event held one month after graduation where you will pitch your idea to lenders and receive feedback from a panel 

IMPORTANT DATES 

Free Info Session | September 15, 2015 | 6:00 pm - 7:30 pm | Click here to register
Registration Deadline | September 26, 2015
Weekly Course Sessions | September 29, 2015 - December 8, 2015 (Skips November 24)
Tuesday evenings | 6:00 pm - 9:00 p.m.

10-week course
$495 Regular Course Fee
Additional Guest - Please call 303-460-1032

Register for the Fall 2015 10-Week Course


» Notify me when the next class is scheduled



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.  

Wesminster Office Move

Wednesday, July 29, 2015

Our main office, located on the Front Range Community College Westminster campus, has recently moved. We are very excited for this move because it has all at once expanded the amount of space we have and brought our team closer together. We have two dedicated consulting offices, along with a multi-function room where we will be able to hold smaller, focused training classes. 





Our new location is just off of Entrance 5 (see map below), with the closest parking lot being the Lowell parking lot. 



Along with this great new space that we are settling in to, our walls are getting a ‘face lift’ as well. As you enter and wait for an appointment or class to start, stop by and read our consultant biographies. These are also available on our website, but as you can see from in this picture, it’s pretty impressive when we get all 20+ of them gathered in one space. You may find a consultant that specializes in exactly the type of assistance you need!

     


Also in our consulting offices along with the multi-function room, we have posters featuring some of our “Success Story” clients. Their stories serve as inspiration for other entrepreneurs as well as showcase the impact that we’ve had on our client businesses. As we continue the “Success Story” series, we will begin to swap out the stories so that anyone who visits our office can see what we’re up to.



In the near future, our consulting offices will only get more functional as we add whiteboards and more materials to help make the meetings more productive. Our multi-function room will also get a whiteboard, along with a television so we can demonstrate the techniques we’re teaching in a more interactive manner.

Please watch for changes around our Westminster office as we strive to bring you high quality consulting and training in support of local small businesses.