Resources

Online resources, tools and information you need to successfully run your business, CBCC has you covered.

Four Stages of Business Growth

Each stage of business development has it’s own set of challenges + opportunities. Knowing where you are in this lifecycle can help you plan strategically.

Stay Tuned – Programs Coming in 2024!!

The Startup Stage

0 to 2 years old
Essential tasks at this stage include:
- Develop a detailed business plan.
- Focus on hiring the best talent possible.
- Have a set of established goals and well-defined timelines.
- Ensure you clearly understand your customer demographics.
- Continue carrying out market research to identify growth opportunities.
The Growth Stage

2-5 years old
Essential tasks at this stage include:
- Create a strategy to recalibrate your business plan and match current needs.
- Conduct an in-depth analysis into what drives profits and focus on developing those areas.
- Continue to carry out market research to create realistic, accurate demand forecasts.
- Outsource repetitive, time-consuming, and non-core activities.
- Continue to explore business growth opportunities.
- Delegate authority and responsibilities to trusted employees within the company.
The Maturity Stage

5-10 years old
Essential tasks at this stage include:
- Continue to explore new markets. Is there a demand you’re currently not meeting?
- Focus on research and development to create new products or services for customers or improve what you currently offer.
- Build on customer loyalty to increase profitability and secure cash flow.
- Consider the benefits of selling the business or merging with another established company.
The Renewal or Decline Stage

10+ years old
Essential tasks at this stage include:
- Employee turnover is increasing. Are employees leaving for jobs at other companies?
- There are online complaints and poor reviews about your products or services.
- Clients are paying their bills late or later than usual.
- Teams are finding it difficult to collaborate.
- Management is showing a lack of innovation, organization, and leadership.
- Your company’s market share is decreasing, and competitors are producing better products.

We have a Make Your Business Employee Owned webinar coming up on March 21st 11 am-12 pm.

In this introductory webinar, we invite you to learn your choices to exit to employee ownership (EO), the act of turning an established business into a worker cooperative or an employee-owned company. Together, we’ll explore

The benefits of employee ownership
The spectrum of EO structures and options
The steps in converting your business to employee ownership
State tax incentives to save you money.

Exiting to employee ownership is an opportunity to leave a lasting legacy, engage and reward employees, grow the business, and, most importantly, take control over your next steps as a business owner. We’ll discuss real-life examples of employee ownership conversions and provide time for Q+A to explore your unique situation, motivations, and questions as an owner interested in succession or exit planning.

Bid Information and Distribution System

The Bid Information and Distribution System (BIDS) is a web site designed to notify interested vendors of the State of Colorado’s intent to purchase goods or services competitively. These notifications are termed “solicitations”. Since the State of Colorado has chosen to decentralize the procurement process, the purchasing agents at the various executive branch agencies post solicitations on BIDS so that the public knows of their intent. For vendors, BIDS acts as a centralized clearing house of information on bidding opportunities for these agencies. Vendors must be registered with BIDS in order to respond to these bidding opportunities.

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Denver Metro Small Business Development Center

The Denver Metro Small Business Development Center is a part of a statewide network of Small Business Development Centers. Serving the Denver Metro small business community since 1990. Offering business consultants with impressive credentials from their varied experiences of owning and operating businesses. In addition, their trainers are business owners and consultants, which means they bring relevance and a wealth of knowledge to the classes we provide.
Offering low cost seminars and classes to help you learn skills in business management, accounting and financial growth, sales and marketing tactics. These courses and seminars provide you with valuable networking opportunities and learning how to make your business grow.
Their primary goal is to take our expertise and resources to assist you in meeting your business goals and objectives!

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U.S. Small Business Administration
The U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses.
SBA provides assistance primarily through its four programmatic functions:
- Access to Capital
- Entrepreneurial Development
- Government Contracting
- Advocacy
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