Be Prepared for June and #SmallBiz Success Stories

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New Hampshire District Office - June 6, 2022 

u s small business administration

Pride Month

June is #PrideMonth

Statement by SBA Administrator Guzman in Recognition of Pride Month

“Pride month is a time of celebration for the LGBTQ+ community and their contributions in building a better, stronger economy – and it’s also a reminder of the progress we are still fighting to achieve. Equity is a top priority for me and for the Biden-Harris Administration, and we believe all of America’s entrepreneurs deserve a level playing field, regardless of zip code, race, gender, gender identity, or sexual orientation.  During COVID, we’ve learned how critical equitable access is surviving and thriving, and at the SBA we are working to build better connections to and for the 1.4 million LGBTQ+ owned businesses in communities across this country. LGBTQ+ businesses already generate more than $1.7 trillion dollars in US economic impact and support tens of thousands of jobs – and that number continues to grow. In order to drive even greater economic empowerment of the LGBTQ+ community, we need to connect entrepreneurs to the capital and resources they need to start and grow their businesses, and the SBA is working to do that each day through our district offices, resource partners, our Community Navigators program, and more.”

The SBA conducts outreach to be more inclusive of LGBTQ + business owners, and our staff welcomes and recognizes the importance of greater inclusion at all levels and in all communities. Learn More 

 


June is #NationalSafetyMonth

National Safety Month

Under the Occupational Safety and Health Act of 1970, employers have a responsibility to provide a safe workplace. 

Heat Stress Online Roundtable Series with OSHA 

June 8th: 9:00 am to 10:15 am

Heat injuries have steadily increased year over year as the weather patterns for the northern regions of the United States have trended warmer and warmer. Learning how to plan work, prepare your employees for work in hot areas and identifying the warning signs of an employee having a medical emergency are an interictal part of a company’s Environmental Safety and Health program. This class will discuss the different types of heat injuries, how to avoid heat injuries and illnesses in not only outdoor settings but indoor industries as well and the methods to minimize risk to employees.  Log-on begins at 8:50 am

Department of Labor Occupational Safety and Health Administration (OSHA) has resources specifically designed for small businesses. Learn more 

Learn more on Heat Safety


SBA Supports Communities that Stand to be Impacted by Hurricane Season

Hurricane preparedness

With the start of hurricane season officially upon us, it is more important than ever for residents and small businesses to remember that the best course of action to limit damage from natural disasters is preparing before the disaster hits.

SBA is ensuring its products and services are simple and flexible enough to meet small businesses where they are and help them prepare, manage and recover from the growing disaster threats, including pandemics, cybersecurity and increased natural disasters due to climate changes.

Read Press Release 

Disaster Assistance


ICYMI

Find out how to make the government your next customer.

Federal & State Certifications for Women Owned Small Businesses - May 18 2022

Federal & State Certifications for Minority Owned Small Businesses - May 24 2022

 


Office of Advocacy

According to data from The U.S. Small Business Administration Office of Advocacy - Between March 2019 and March 2020

  • 5,254 New Hampshire establishments opened
  • Employment- opening and expanding NH establishments added
    53,287 jobs
  • In 2019, reporting banks issued $347.4 million in loans to NH businesses with revenues of $1 million or less
  • Small business exports - A total of 2,556 identified firms exported goods worth $5.6 billion from NH in 2019. Of those exporters, 2,181—or 85.3 percent—were small. Small firms exported goods worth $1.8 billion, making up 31.3 percent of exports by identified firms

Starting a business involves planning, making key financial decisions, and completing a series of legal activities. Scroll down to learn about each step.

Do Your Research

Market research helps you find customers for your business. Competitive analysis helps you make your business unique. Combine them to find a competitive advantage for your small business. Use market analysis tools to get to know the market for your business.

Write a Business Plan

Your business plan is the foundation of your business. Learn how to write a business plan quickly and efficiently with a business plan template.

Fund Your Business

How much money will it take to start your small business? Calculate the startup costs for your small business so you can request funding, attract investors, and estimate when you’ll turn a profit. It costs money to start a business. Funding your business is one of the first — and most important — financial choices most business owners make. How you choose to fund your business could affect how you structure and run your business. Lender Match connects you to lenders
Get matched to potential lenders offering SBA-backed funding.

Develop a Marketing Plan
Creating a brand identity and communicating it well is crucial to success. Consider hiring or contracting marketing services to help you choose your business name, create a logo, build your website and develop a strategic marketing plan to get the word out about your business.

Manage your Business
Dotting the “I’s” and crossing the “T’s” is necessary for every business. Details include choosing your location and registering your business; applying for required licenses and permits, including federal and state tax IDs; and opening your business bank account. 

Starting a small business is a challenge, but it can also be a rewarding opportunity. Taking the time to fully explore and utilize all the resources can help your business become successful. For more resources visit SBA.GOV.

NH Resources

June 8, 15, 22 (Plan to attend all three sessions.) - Business Basics for New Entrepreneurs

Free business counseling

SCORE

NH Small Business Development Center (SBDC)

Center for Women and Enterprise

Veteran Business Outreach Center (VBOC)

 

NH Participating Lenders


2022 NSBW #SmallBiz Success Stories

Small Business Success Story

Steve Kesselring - Your Oil Tools, Hooksett

SBA’s 2022 New Hampshire District Director Award

Steve Kesselring - Your Oil Tools, Hooksett

Steve Kesselring has always been motivated in business and passionate about helping others. Since 2013 he has been the president and CEO of Your Oil Tools in Hooksett. Your Oil Tools was formed after a life-changing truck fire that almost took Steve's life. In the process of trying to stop the truck fire and extinguish the flames, Steve was exposed to toxic fumes that left him with chemical burns to his lungs and smoke inhalation. Steve spent the next almost 2 years recovering from the fire, trying countless doctors, specialists, and medical treatments. But nothing seemed to help him get back to his normal daily life. That all changed one day in 2013 when his wife brought home some essential oils she had been given by a friend. Steve was hesitant to try them, but it ended up leading him down a path to finally healing from the accident.

The headaches he typically had daily from his medication started to dissipate within 20 minutes of putting a few drops of essential oils on the back of his neck and templates. Within a few days of using the oils, he had more energy and was even beginning to breathe easier. Steve began to incorporate other natural health solutions into his recovery, changing his diet and using essential oils regularly.

Read Steve's Success Story Here 


New Hampshire Minority Owned Business of the Year - Global American, Hudson

SBA’s 2022 New Hampshire Minority Owned Business of the Year

Nizar Jhaver of Global American

For 32 years, Nizar Jhaver has run a successful thriving business in southern NH as a minority business owner. Starting a business in NH over 30 years ago as a minority was difficult. Nizar worked from the ground up. Born in Mumbai (formerly Bombay) India, Nizar left he left his home to attend University of Lowell where he received a degree in Electrical Engineering. After working to put himself through college with two jobs, he began his career as an engineer for the computer component industry. After working in that industry for several years, he realized there was a market for Industrial/Embedded/Long Life PC components and peripherals for specific markets and government, military, and medical applications.

In 1989, Nizar founded Global American, Inc. with virtually no experience in the industrial computer (IPC) sector. Global was one of the first companies to propose that computer components needed to remain consistent and viable for years longer than the typical consumer PCs.

Read the Entire Success Story Here



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Ways to Connect with SBA New Hampshire:

Websitewww.sba.gov/nh
EmailNewHampshire_DO@sba.gov
Twitter@SBA_NH

Phone: 603-225-1400

 

Download the June Events and Happenings

PDF HERE