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Lewes, Delaware
Jim's Towing Service
January 17, 1997     Cape Gazette
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January 17, 1997

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40 - CAPE GAZETTE, Friday, January 17 - January 23, 1997 Delaware Small Business Development C( mers impact economy to maintain 939 full-time and 508 part-time previously existing jobs. • Conservatively, between March, 1995 and April 1996, the DSBDC's counseling contributed a total of $3.7 million in tax rev- enues to Delaware. Over $356,000 was contributed by new businesses: $117,000 in personal taxes; $39,000 in unemployment insurance taxes; $196,000 in cor- porate income taxes; and $5,000 in business license fees. • Half of the clients (51.7) per- cent had a business when the first contacted the DSBDC. More than half (56.7 percent) of these busi- nesses experienced an average in- crease of 62 percent in gross re- ceipts. • The average DSBDC client was pleased with the DSBDC's overall performance. Seventy-six More than 700 new jobs creat- ed $3.7 million in new tax rev- enues which was generated as a result of the services provided by the Delaware Small Business De- velopment Center Network (DSB- DC) during 1995-96. The survey, conducted by the Small Business Development Center, shows that the Delaware SBDC has a large return on in- vestment for the state, with clients reporting impressive results in job creation, sales growth and tax rev- enues generated. The DSBDC provides informa- tion, counseling and educational programs for small businesses throughout Delaware. Network headquarters are located at the University of Delaware in Newark, with additional centers in Dover at Delaware State Universi- ty, on the campus of Delaware Technical & Community College in Georgetown, and in Wilming- ton at the Small Business Re- source and Information Center. The DSBDC program is funded by the Delaware Economic Devel- opment Office, the Small Busi- ness Administration and private sector companies. Highlights of the survey are: • The DSBDC clients increased the number of full-time employ- ees by 64 percent and number of part-time employees by 82 per- cent. Extrapolating from the sam- ple, the estimated net numbers of employees added to the Delaware work force by businesses operated by DSBDC clients over the last year are 467 new full-time jobs and 236 new part-time jobs. In ad- dition, DSBDC counseling helped Small Business Center network offers new services protection legislation. Working Capital Delaware will provide services to Delaware small businesses at the SBRIC every Monday and Wednesday from 10 a.m. to 1 p.m. Working Capital provides a fo- rum for entrepreneurs to obtain capital, networking and educa- tional support in a small peer group setting. To schedule an appointment with any of these agencies at the SBRIC, call (302) 571-1555. For additional information con- tact Barbara Necarsulmer, assis- tant director of the Delaware Small Business Development Center at the same number. Three agencies - the Delaware Manufacturer's Alliance (DMA), the Delaware Department of Nat- ural Resources (DNREC) and Working Capital Delaware - have joined the Delaware Small Busi- ness Development Center (DSB- DC) to provide services to Delaware businesses at the Small Business Resource and Informa- tion Center (SBRIC), located on Market Street in Wilmington. The Delaware Manufacturer's Alliance will provide one field agent on site at the SBRIC from 1- 3 p.m. on Mondays every other week beginning on Jan. 6. DMA field agents will also meet with small business clients at the SBRIC at other times by ap- pointment. Interested small busi- ness persons can contact the DMA at (302) 452-2520. DMA provides a variety of technical assistance services for manufacturing companies through its field agents. All of the DMA's field agents are experienced engi- neers. The Delaware Department of Natural Resources will provide services to Delaware small busi- nesses at the SBRIC on the first and third Tuesday of the month from 10 a.m. to noon. Representatives can help small business persons with compliance issues relating to environmental percent of clients rated the DSB- DC's services as excellent or above average. None of the clients rates the DSBDC's services as poor. Sixty-nine percent of clients said they believe they might need the DSBDC's services in the fu- ture, and 93 percent said they would recommend DSBDC ser- vices to other current and poten- tial business owners. • Slightly less than half of the DSBDC clients sampled were pre- venture (48 percent). The popula- tion, however, contained 21 per- cent of pre-venture clients. Simi- lar to 1995, approximately two- thirds of the sampled pre-venture clients (72 percent) actually start- ed a business. Of those pre-ven- ture clients who started business- es, 52 percent reported that the DSBDC helped them with that de- cision. Of those clients who did not go into business, 57 percent reported that the DSBDC's coun- seling was an important factor in that decision. At present, 53 per- cent of the pre-venture clients who started businesses are enjoy- ing net profits. Copies of the report are avail- able at any Delaware Small Busi- ness Development Center. j Rehoboth Beach, DE 19971 t • Olympic-sized Swimming Pool • Tennis Court • Recreational Areas • All Weather Roads • Children's Wading Pool • Central Water b Sewer. Community Building • Playground • Streetlights • Lawnservice • All Underground Utilities. 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