June Newsletter

Portland District Office  - June 2018

u s small business administration

Digging Deep to Build a Solid Foundation in the Pacific Northwest

Mike Nieto next to construction equipment
Owner of Catworks Construction and 2018 SBA Portland District 8(a) Graduat of the Year Mike Nieto at his new facility in Vancouver, Washington.

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Coming from a family with a long tradition in contracting, Mike Nieto learned at an early age that being a contractor meant that you had to be tough, smart and hold a stiff upper lip.  After many years working in the construction industry with this philosophy, Nieto saw the detrimental effects of high employee turnover and asked himself, “What if we focused on building people first and projects second?” In 2005, he answered this question by creating Catworks Construction, a construction company unlike any he had experienced before. 

Find out what happens next


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    What Are Recession-Proof Franchises?

    In this article, I’m going to share some of the things I know about recession-proof franchises. But first, I’m going to define the term “recession-proof,” so you know exactly what I’m going to be referring to here. When something is recession-proof, it refers to a company, sector, asset or industry that’s thought to be economically resistant to the effects of a recession.

    Learn more about recession-proof franchises

    Five Factors that Impact Your Business Credit

    When it comes to business credit, there’s no standard scoring model for assessing risk. Lenders, suppliers, banks, leasing companies, businesses, and finance companies all use different reports and scoring models depending on which business credit reporting agency they subscribe to.

    Learn more about the five factors


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    Upcoming Events

    June 12 - Cyber Security Webinar

    The Threat is Real. Is Your Business Protected? Information like payroll records, proprietary information, client or employee data, is essential to a business’s success. A computer failure or other system could cost your business anything from its reputation to damages and recovery costs. To help you with this, the SBA Portland District Office and Mt. Hood Community College Small Business Development Center (SBDC) are conducting a series of webinar trainings on cybersecurity for small businesses.

    June 12 - Market Research Workshop Actionable Tips to Help You Identify Your Ideal Customer

    Attend this free workshop to learn about customer demographics and spending habits, trends in your industry and resources to develop a marketing strategy. The workshop is hosted by U.S. Small Business Administration Portland District Office and Multnomah County Library aimed at helping businesses start and grow by providing entrepreneurs with tangible market research skills that can be used immediately.

    June 20 - Small Business Access to Capital (Mercy Corps Northwest)

    Need financing for your business? Want to learn more about micro-loans, SBA loans, crowd-funding and other funding options? Wondering which type of financing is best for your business? Finding funding for your venture is a challenge all entrepreneurs face. In an ever-changing financial landscape, it is hard to know what is available and what may be best for you, especially for micro-businesses and solo entrepreneurs. We can help!

    Find more events


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    Are you a veteran thinking about starting or growing a business? Join #SBAchat on June 21 at 9 a.m. PDT for business tips and resources.

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