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The latest, Wyoming-specific small business tips from Wyoming SBDC Network experts.
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Getting Local Results With Digital Marketing
The digital marketing landscape in 2020 is more crowded now than ever, and you can probably guess why. As more small businesses across Wyoming are getting into e-commerce, entrepreneurs are finding that they have to pierce through a lot more noise in order to reach...
Five Key Financial Ratios for Small Business Owners
What are the Five Key Financial Ratios for Small Business Owners Small business owners often overlook the importance of financial ratios. Financial ratios, simply stated, are tools that turn a business’ raw numbers into information that can be used to determine and...
Government and Fortune 500 Company Approaches for Woman Owned Businesses
Wyoming woman-owned businesses can take one or several approaches when it comes to working with large companies, the state, or the federal government. It’s a good idea to determine what your goals are before you take the time to have your company certified for any of...
Business Survival in Late 2020
Today, one thing most people will agree upon is that the world in late 2020 is vastly different than the one we lived in a hundred years ago… or was it January? This change covers most areas of life and our economy. Businesses have also been impacted in an...
How to Stay Competitive in the Age of COVID
Consumers have been moving more of their purchases online even before the pandemic hit. However, when COVID-19 did hit the move to online purchasing accelerated at such a clip that it is leaving some brick and mortar businesses wondering how they can compete without a...
The United States-Mexico-Canada Agreement
What is the United States-Mexico-Canada Agreement? The United States-Mexico-Canada Agreement (USMCA) is an updated version of the nearly 25-year-old, trillion-dollar North American Free Trade Agreement (NAFTA). It includes major changes on cars and new policies on...
Post-COVID-19 Financial Management
The COVID-19 pandemic that has descended on the entire world has shed a bright light on the need for paying attention to the financial side of a business. Those businesses that had a reserve established to cover operating expenses have been better equipped to handle...
Funding for Small Business Research and Prototypes
Did you know the Soviet Union’s launch of Sputnik, the world’s first human-made satellite in 1957, lead to modifications in the US government’s purchase policy with the creation of what is now called Other Transactional Authority (OTA)? In 1958, the United States...
How COVID-19 Affects Current Business Trends
The recent COVID-19 pandemic and resulting public health orders have closed or limited operations for small businesses throughout the state, creating uncertainty among both consumers and business owners. As the country begins to reopen, business owners are rethinking...
