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Posts Tagged ‘business retention’

It’s Small Business Week! Our Team Offers Advice to Grow and Thrive

Monday, May 1st, 2017

Happy Small Business Week! We’re celebrating because small businesses – all 132,432 of them in New Hampshire, according to the Small Business Administration – are the fuel that drives our economy.

The success of businesses, both large and small, drives our team here at New Hampshire Economic Development as well, and in honor of Small Business Week, we offer the best business advice to keep you fired up.

Chris Way
Deputy Director
Stay focused on the reason you started the business and don’t be tempted to pursue too much, too quickly.

Carol Miller
Director of Broadband Technology
There are two ways to be in the broadband business, proactive or catching up. Proactive makes it the best business experience.

Lorna Colquhoun
Communications Director
The most valuable commodity you have as a business owner is your story – the story behind your business. Who inspired you to start? What drives you? What is your mission? Your story is unique to you. It will make you stand out from your competitors and relatable to your customers and clients. Make the time to tell it.

Bridget Beckwith
Tax Credit Administrator
Your work doesn’t stop when you open your business, especially if you offer a service like accounting. It is important to stay on top of best practices, regulations and any training that pertains to what you do. This keeps you competitive.


Business Retention – Connect with our business retention team for help and advice on keeping your small business growing and thriving. 


Deborah Avery
Business Resource Specialist
Excellent customer service is a must! Keep in touch with your banker on a regular basis and make sure that you retain an outstanding insurance broker, accountant and attorney.

Mollie Kaylor
Business Resource Specialist
Don’t be afraid to seek help when you need it – there are many great programs and resources available to help your business succeed and grow! Take advantage of them.

Mark Laliberte
Business Resource Specialist
Make sure all of the preliminary work is done before taking that step. Issues like whether you have the financial ability to do this; can you commit the time necessary; and do you have an idea on what your business plan will look like. A great resource to address this preliminary work is to check out the SCORE website and then reach out to a counselor.


New Hampshire Government Contracting Assistance Center – Connect with the team that can help you identify, bid on, and win government contracts.


Dave Pease
Program Manager
Government Contracting Assistance Center
On a per capita basis, New Hampshire small businesses are government contracting powerhouses. With over $679 million in small business sales to the federal government in FY 2016 ($511.88 per capita), New Hampshire ranks #7 in the US and #1 in the Northeast!

Amanda Duquette
Contracting Assistance Specialist
When starting to sell to the government, start small – choose one agency you know will benefit from your product/service.  You don’t want to take too broad of an approach in the beginning because you can lose focus and end up feeling overwhelmed and even defeated.

Jane Brezosky
Contracting Assistance Specialist
The government marketplace presents contracting opportunities to all kinds of businesses. There is great variety in the products and services that are sold to the government. Your product or services might have a government market, too.


Business Development – Connect with the team that helps businesses looking to expand or relocate to the Granite State.


Cindy Harrington
Business Development Manager
For start-ups, make sure there is a strong market for the product or service. Develop a short term and long term plan. Working with Small Business Development Center or SCORE can assist with strategic planning and preparing for financing. Networking is important.

Michael Bergeron
Business Development Manager
Stick with what you know best and don’t pretend to be someone you are not. If you are a software expert, don’t pretend to be an accountant – hire a good one.


Office of International Commerce – Connect with the team that helps your business connect with global markets.


Tina Kasim
Program Manager
Don’t be afraid to look at international markets; they can offer incredible opportunities for your business, but you need to plan properly.

Nathaniel Nelson
International Trade Officer
Never feel that you have to navigate the world of business alone. There are plenty of resources out there to help you map out your success.

Rachel Adams
International Trade Officer
International trade is a valuable way to support your overall strategy. It does not happen overnight – it takes time and patience, but it will be worth it in the end.

 

 

In Search of the Right Data, Collaboration is Key

Friday, September 30th, 2016

(Business Resource Specialist Mark Laliberte covers the Seacoast region for the New Hampshire Division of Economic Development. This is an occasional feature highlighting our team’s work with industries and communities. Contact us to connect with your regional business resource specialist. – Ed.)

Mark Laliberte

Mark Laliberte

About a year ago, we collaborated with the Department of Environmental Services, which needed data about the 17 communities in its Coastal Zone for a report being prepared for the New Hampshire Coastal Risk and Hazards Commission. Needed for the report were specific questions regarding job creation, largest industries and gross regional product.

In August, this information had to be updated and augmented with additional data. This was accomplished by Emsi, the economic modeling software we use, as well as by using US Census data suggested by New Hampshire Employment Security.

As a result of this project, the Coastal Risk report will have a comprehensive suite of data. We were also able to provide this information to an area manufacturer, who found it valuable in its employee recruitment and retention efforts.

There is a wealth of valuable data available from many sources. Finding it is the great challenge and in our fast-paced world, agencies and organizations can’t afford the staff time it takes to track down the bits and bytes needed.

Time and again, Emsi provides great information that can make a great difference for our partners in need of it for their projects.

No matter what part of the state you are in, our business retention team is ready to help your organization dive into the data pool for the specific information you need.

Mark Laliberte
Business Resource Specialist
NH Division of Economic Development

 

On a Mission

Thursday, April 19th, 2012

Our name – the Division of Economic Development – is also our mission. We work with businesses across the state, helping them grow, expand, adjust, innovate and prosper.

Idea Exchange

 

 We could not do our job without the wisdom, experience, insight and guidance of our Economic Development Advisory Council. Established some years ago, the council assists us in planning and measuring our efforts. With 22 members from across all sectors of business and industry, their counsel is invaluable.

 The quarterly EDAC meeting was held this morning. Attendance was robust and so were the reports from our membership. The consensus is that while the New Hampshire economy was not without some hardships in the recession, it weathered the challenges of the past few years much better than other states.

 We apprised our council of what’s happening in our division and frankly, it’s exciting. Business recruitment and retention efforts are paying dividends. Our Office of International Commerce is reaching out around the globe for opportunities for New Hampshire companies. New ways to use social media, this blog and even the old fashioned methods of dissemination are spreading the word about the good things that are happening in the New Hampshire economy.

 As sure as the purple lilacs will bloom in another couple of weeks, so is the Granite State economy.