The Iowa Economic Development Authority is once again partnering with the University of Northern Iowa – Institute for Decision Making and Strategic Marketing Services – to undertake a survey to assess the current economic conditions and ongoing impacts of the coronavirus pandemic on Iowa’s businesses and nonprofit organizations. IEDA will again...
Grow Cedar Valley will soon offer CO.STARTERS, a 10-session, cohort-based program that equips entrepreneurs of all kinds with the insights, relationships, and tools needed to turn business ideas into action. Read more from the Grow CV Press Release, below. Drawing from the experience of successful entrepreneurs and startup veterans from around...
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 are...
What is a C Corporation? A C corporation, or C-corp, is a type of legal business entity. The difference between a C corporation and other types of entities is that the owner or shareholders of a C corporation are taxed separately from the entity. The C corporation is also taxed on...
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...
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 structures:...
What is a Sole Proprietorship? The definition of a sole proprietorship is an incorporated 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...
We all know that 2020 was a challenge, to say the least. Trying to keep a business afloat can be hard enough during good times let alone during a pandemic and it can be easy to lose motivation when you can’t see the win at the end of your day....
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...
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...
