Author - Sophie Troxell

light blue background with small state of Iowa symbol and the words Iowa innovation dashboard

Des Moines Partnership Launches Innovation Dashboard To Measure Iowa’s Entrepreneurial Ecosystem

The Des Moines Partnership is working with Clay & Milk to create a statewide dashboard to better track and measure the pulse of Iowa's entrepreneurial and startup activity. The Innovation Dashboard, launched on January 5th, provides a comprehensive indicator of entrepreneurial activity in the state of Iowa. Alongside this initiative, Iowa founders...

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What is an S Corporation? | IASourceLink

What is an S Corporation? An S Corporation, or S Subchapter, is another type of legal business entity. What makes an S Corporation stand out from the others? The main difference is that the business elects to pass income, losses, deductions, and credits to their shareholders. This is a major tax...

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LLC Meaning, What is an LLC? | IASourceLink

What is an LLC? LLC stands for limited liability company. An LLC is a business structure that protects the owner from personal responsibility for its debts. It’s similar to a corporation, but also offers the same pass-through taxation benefit as sole proprietorships. Essentially, it’s a combination of two other popular business...

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Sole Proprietorship Definition, Meaning | IASourceLink

What is a Sole Proprietorship? The definition of a sole proprietorship is an unincorporated business where one individual runs the business. That individual is entitled to all profits, but is also responsible for all losses and liabilities. The business and individual are one, without distinction between the two. This is different...

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Taking PRIDE in Restaurant Resiliency: SBA & IEDA Success with Recovery Resources

Ever so often, we come across a story that reminds us of why we continue to serve Iowa entrepreneurs - especially in turbulent times. This month, our Resource Partners, the U.S. Small Business Administration (SBA) and the Iowa Economic Development Authority (IEDA) shared a small business success story that speaks...

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Taking PRIDE in Restaurant Resiliency: SBA & IEDA Success with Recovery Resources

June 17, 2021 Ever so often, we come across a story that reminds us of why we continue to serve Iowa entrepreneurs - especially in turbulent times. This month, our Resource Partners, the U.S. Small Business Administration (SBA) and the Iowa Economic Development Authority (IEDA) shared a small business success story...

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young man yelling in frustration while holding a computer

Don’t Sweat the Small Stuff: How to Learn from Missed Opportunities as a Small Business Owner

Starting and running your own business requires you to take a good deal of risks and from time to time a leap of faith. Entrepreneurs and business owners have to make quick decisions on what opportunities to chase after and which one’s they let pass on by. When we swing...

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small cartoon chef and front of restaurant with the words restaurant revitalization fund

SBA Announces Restaurant Revitalization Fund

Good news for many small business owners: The Small Business Administration (SBA) recently announced the Restaurant Revitalization Fund (RRF), granting emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19. Despite its name, eligibility encompasses more than your typical dinner joint. Check out which businesses qualify below: Restaurants Food...

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