Access to Capital

“Access to Capital” is part of the “LBMBD’s 2026 Small Business Strategy: The Blueprint for the New Economy. This includes our “2026: Your Year to Grow” campaign created to assist disadvantaged businesses in finding capital to start and grow their Small Business. The Kentucky Office Of Ownership has numerous resources for Starting or Scaling your […]

The Kentucky Small Business Tax Credit Program (KSBTC)

A Reward for Your Success our company may be eligible for a substantial tax credit just for doing what successful businesses do – grow! It’s simple. The Kentucky Small Business Tax Credit program offers between $3,500 and $25,000 per year for small businesses that have: Things You Should Know Benefits of the Kentucky Small Business […]

Announcing a Key Pillar of LBMBD’s 2026 Small Business Strategy: The Blueprint for the New Economy

Louisville, KY – November 1, 2025 – The LBMBD (Louisville Black & Minority Business Directory) is thrilled to announce a major component of its “2026 Small Business Strategy: The Blueprint for the New Economy,” designed to equip local entrepreneurs with the essential tools and knowledge to thrive in the year ahead. This initiative is launching […]

Small Business Tax Rates as of 2025

Figuring out your taxes as a small business owner can feel like a guessing game since there isn’t a single tax form or single tax rate for all businesses. Not only do you need to plan around your future uncertain income — you also need to keep track of changing federal laws. As you get […]

New Partnership with Adobe Express

Level Up Your Brand: Adobe Express and LBMBD Launch Content Partnership for Small Business Growth Great news for entrepreneurs and small business owners! The Adobe Express Team and LBMBD have officially partnered to deliver a new series of insightful and actionable content designed to help small businesses thrive in the digital landscape. This collaboration will […]

How to Start a Small Business in Kentucky

To start a business in Kentucky, use the official Kentucky Business One Stop Portal at onestop.ky.gov to choose a business structure (like an LLC), register your business name, and apply for necessary licenses and permits. You’ll also need to obtain a federal Employer Identification Number (EIN) from the IRS and register for sales tax if […]

Small Business Resources in 2025

Small businesses can find valuable resources from government agencies, such as the U.S. Small Business Administration (SBA), and its network of partners, including Small Business Development Centers (SBDCs) and SCORE mentors, which offer free training, counseling, and business guidance. You can also find information on funding programs, including loans and grants, through the SBA and […]

Why Small Business Owners Can’t Afford To Ignore AI

If you run a small business, you know that the only constant is change. I’ve built companies in everything from sign repair to fintech, and I’ve seen firsthand how technology can either be a lifeline or a death sentence for small business owners. Today, artificial intelligence is the latest in a long line of breakthroughs—right […]

Small Business Leadership

Small business leadership involves guiding a team, making strategic decisions, and fostering a positive work environment. Effective leaders in small businesses inspire and motivate their teams, communicate a clear vision, and adapt to changing circumstances. They also need to be able to delegate effectively, provide constructive feedback, and build strong relationships with employees and customers. […]