Updates

  • Bend Entrepreneur Report: May Comparison

    By on June 12, 2018

    May Biz Registrations in Bend up 10% from April

    Entrepreneurs registered 319 new businesses in Bend, Oregon, in May a 10% increase over April registrations, and a slight increase compared with May 2017 registrations. Bend continued to lead the way in large city business registrations, with one business registered in February for every 286 residents, the highest rate of business registration among larger Oregon cities. Statewide, the average was a new business for every 690 residents.

    So far in 2018, Bend entrepreneurs have registered 1,563 businesses, versus 1,524 through May in 2017.

    “If this year is like last year, May will be the last month of lots of business registrations before things slow down for the summer,” business attorney Jeff Eager said. “The continued strong registration numbers show that, even if we are well into an expansionary economic cycle, Bend entrepreneurs still see good business opportunities.”

    Each month, EagerLaw carefully analyzes Oregon Secretary of State’s business registration data to prepare the Bend Entrepreneur Report. The Report is released monthly to local media and on the EagerLaw PC Facebook page, where the firm also spotlights local business achievements and provides information of use to Bend businesses.

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  • Bend Entrepreneur Report: April Comparison

    By on May 11, 2018

    Entrepreneurs registered 289 new businesses in Bend, Oregon, in April an 11% increase over registrations in April 2017. Bend continued to lead the way in large city business registrations, with one business registered in April for every 315 residents, the highest rate of business registration among larger Oregon cities. Statewide, the average was a new business for every 701 residents.

    So far in 2018, Bend entrepreneurs have registered 1,244 businesses, versus 1,210 through April in 2017.

    Each month, EagerLaw carefully analyzes Oregon Secretary of State’s business registration data to prepare the Bend Entrepreneur Report. The Report is released monthly to local media and on the EagerLaw PC Facebook page, where the firm also spotlights local business achievements and provides information of use to Bend businesses.

     

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  • Bend Entrepreneur Report: March Comparison

    By on April 6, 2018

    Entrepreneurs registered 318 new businesses in Bend, Oregon, in March an increase from February, and just below the number of registrations in March 2017. Bend continued to lead the way in large city business registrations, with one business registered in February for every 286 residents. Statewide, the average was a new business for every 623 residents.

    So far in 2018, Bend entrepreneurs have registered 955 businesses, versus 950 through March in 2017.

    Each month, EagerLaw carefully analyzes Oregon Secretary of State’s business registration data to prepare the Bend Entrepreneur Report. The Report is released monthly to local media and on the EagerLaw PC Facebook page, where the firm also spotlights local business achievements and provides information of use to Bend businesses.

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  • Bend Entrepreneur Report: February Comparison

    By on March 13, 2018

    Entrepreneurs registered 281 new businesses in Bend, Oregon, in February a slight decrease from February 2017. Bend continued to lead the way in large city business registrations, with one business registered in February for every 324 residents. Statewide, the average was a new business for every 735 residents.

    So far in 2018, Bend entrepreneurs have registered 636 businesses, versus 622 through February in 2017.

    Each month, EagerLaw carefully analyzes Oregon Secretary of State’s business registration data to prepare the Bend Entrepreneur Report. The Report is released monthly to local media and on the EagerLaw PC Facebook page, where the firm also spotlights local business achievements and provides information of use to Bend businesses.

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  • Doing Business in Silicon Valley’s Newest Commuter Town

    By on March 9, 2018

    Over the weekend, CNBC told the world what many of us Bendites already knew: there are a lot of Silicon Valley tech refugees living among us. The CNBC story is light on specifics, but it’s hard to disagree with the anecdotal conclusion that Bend is a destination for Silicon Valley types, and likely to become even more popular. What does that mean for the Bend business community?

    The first is a long-term trend that is reducing Bend’s biggest historic hurdle. Since its founding, Bend’s biggest economic, cultural and political challenge (“middle of nowhere”- 1986 gubernatorial candidate Neil Goldschmidt) has been its location far from large population centers. We’re a three-hour drive (with no snow) to Portland, and much farther to Seattle or San Francisco or Boise. We have no ports, we’re not on an interstate highway and the rail connections are few and far between. We’re kind of out here by ourselves, guys.

    The result is that our economy has historically been highly cyclical, dependent upon whichever industry prevailed, be it timber or homebuilding. We were just too far away from everything, and were too small, to have a truly diverse economic base.

    The Internet is helping to change this. With a good Internet connection, it doesn’t matter as much that we’re a three-hour drive over a two-lane snowy highway away from the nearest large-ish metropolitan area. As the CNBC story explains, it’s possible for many folks to participate in their work remotely. Many of us without Silicon Valley ties (myself included) work in Internet-based businesses.

    The end result is that Bend is a more desirable than ever location for information economy workers and business owners. To the degree that diversifies our economy and helps to stave off plummets like those in 2008 and in the early 1980s, this is clearly a good thing.

    But the story is not all positive. If there is indeed a growing pipeline from Silicon Valley to Bend, fueled by our lower housing prices and better quality of life, then that pipeline may itself erode those desirable things. To the degree Bend’s housing market is tied, even remotely, to that in the Bay Area, there will be a significant upward pressure on housing prices at a time when many in Bend are already struggling to afford to live here.

    Therein lies the conundrum for Bend businesses. Silicon Valley (or Seattle tech) transplants who move here undeniably enrich our community and often start businesses of their own here which employ Bend residents. On the other hand, the more popular Bend becomes for transplants from richer cities, the less affordable Bend becomes for workers and business owners already here.

    At the end of the day, as with so many of its problems, this is a good one to have, for Bend. It is a place people want to come and a place where people want to live. There are many cities in the rust belt or even throughout rural Oregon that would love to be dealing with the challenges our success brings.

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  • Bend Entrepreneur Report: January Business Registration Comparison

    By on February 20, 2018

    Entrepreneurs registered 355 new businesses in Bend, Oregon, in January, a 9% increase from January 2017. Bend, which led large cities in Oregon in registrations in 2017, again led the pack for the first month of 2018.

    Bend entrepreneurs continue to register new businesses at a break-neck pace. We will keep an eye on whether that pace continues throughout 2018.

    Each month, EagerLaw carefully analyzes Oregon Secretary of State’s business registration data to prepare the Bend Entrepreneur Report. The Report is released monthly to local media and on the EagerLaw PC Facebook page, where the firm also spotlights local business achievements and provides information of use to Bend businesses.

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