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Showing posts from October, 2015

2016 InnovateHER: Innovating for Women Business

The InnovateHER Challenge is a national prize competition aimed at unearthing products and services that impact and empower the lives of women and families through local business competitions that culminate in a live pitch Final Round. During the InnovateHER Finals, up to 10 Finalists will compete for the Top Three cash prizes totaling $70,000 provided by Microsoft. This year, the national InnovateHER Finals will be held on March 16 & 17, 2016 in the Washington, D.C. metro area as part of a larger Women’s Summit.


We know that our workforce looks very different from 50 years ago. Women now make up nearly half of the labor force and play a critical role in our nation’s economic prosperity. Most children live in households where all parents work. And as our population ages, families are increasingly caring for aging parents while balancing the needs of work and home. As demands on women and families grow, the need for products and services that address unique challenges increa…

National Veterans Small Business Week

November 2-6, 2015

SBA empowers veterans, active duty service members, Guard and Reserve members and military spouses through entrepreneurial training and education programs, business technical assistance, counseling, special access to capital programs and federal procurement training and access to opportunities.

Join the conversation at #MyVetBiz to share veteran stories, encourage community members to highlight local veteran-owned businesses in their community, and show gratitude and support to veterans and their families.
,br> Find local events at: SBA

Danny Meyer on tipping: It's a broken system

Danny Meyer, head of the New York City-based Union Square Hospitality Group LLC, set off a nationwide conversation last week when he announced that he planned to do away with tipping at his 13 full-service operations.

Numerous restaurants across the country add standard service charges of around 18 percent to 20 percent, particularly for larger parties, to their checks, and a few restaurants, such as Alinea in Chicago and Lazy Bear in San Francisco, have done away with traditional reservations and have switched to all-inclusive, non-refundable tickets. Meyer is taking a different approach by raising menu prices and telling his customers that “hospitality” is included in the price.

“I’m not waging a campaign on behalf of our entire industry. I’m doing what I think is right for our company,” Meyer told Nation’s Restaurant News. However, Meyer clearly hopes to change the way full-service restaurants compensate their employees. In fact, he said for his plan to work, his staff needs to lov…

Disaster Assistance for Businesses

Hurricane Joaquin has come and gone but the damage still remains, especially for businesses in North and South Carolina.

Explore our disaster assistance tool to read about the resources available to help your business recover.

buisnessusa

Leveling the Field

Did you know that the SBA recently issued a final rule that alters regulations governing the Women-Owned Small Business (WOSB) program? The change, that becomes effective October 14, 2015, makes it easier for agencies to award sole-source contracts to women-owned businesses and helps meet the government’s goal of awarding 5 percent of all federal contracts to women. Read more how this change helps the SBA support women-owned businesses and how to gain WOSB-certification for your company.

Looking for more information? Be sure to check out BusinessUSA’s resources for women business owners.

You'll also want to read about the SBA’s Office of Women’s Business Ownership (OWBO) which oversees the Women's Business Centers (WBCs) network. WBCs provide entrepreneurs (especially women who are economically or socially disadvantaged) with comprehensive training and counseling on a variety of topics, and in several languages.


Learn more at:sba

October is National Energy Action Month

Boosting the U.S. Clean Tech Industry

October National Energy Action Month's goal is to "achieve greater energy security, a more robust economy, and a healthier environment."

Are you looking for financial resources to help grow your clean technology business?

The U.S. Department of Energy (DOE) recently launched the Small Business Vouchers Pilot program to provide clean tech businesses with access to world-class researchers, facilities and expertise at national laboratories.

The program is open to businesses with fewer than 500 employees and will serve as a starting point for bringing the next generation of clean technologies to market. Find out more about the program and if your business qualifies at sbv.

You should explore the many opportunities for green businesses on BusinessUSA, including government solicitations, grants, challenges, and more.

Think Multitasking Is Good for Business? Research Says It Isn’t

Do you juggle several tasks at once during your workday? If so, multitasking probably tops your list of skills. But is multitasking really beneficial to productivity? There’s a lot of research that suggests it hurts productivity, rather than helps it.

Multitasking decreases productivity Many people assume that multitasking can improve their productivity. After all, if you can send emails during a meeting, or scan reports while listening to a conference call, you’re being more productive, right?

Not necessarily.

One study reported in the Journal of Experimental Psychology found that students took far longer to solve complicated math problems when required to switch to other tasks. In fact, they were 40 percent slower than those that didn’t have to keep switching. The study suggests that no one actually multitasks; in reality, they just do a whole lot of “task-switching.”

Read more at:liveplan

Angels Change The Ratio For Women Entrepreneurs

Women build and leverage the ecosystem

While venture capital’s track record with women makes you want scream with frustration, the new angel numbers will make you want to jump for joy. For nearly all metrics, the numbers hit record heights in 2014, according to the Center for Venture Research, which researches angel investments. In 2014:

26% of all angels were women, increasing by an impressive 43% from the previous year.
36% of all companies seeking funding were women, increasing by a whopping 83% from the previous year.
28% of all companies receiving funding were women-run, a substantial 44% increase.

15% of all women-run companies succeeded in raising capital vs 22% for their male counterparts.
“Typically, when there is a surge in the number of entrepreneurs seeking angel funding, the overall yield [success rate] goes down,” said Jeffrey E. Sohl, director of Center for Venture Research. The 15% success rate is within the historic norms for entrepreneurs raising capital from an…

The Rise and Impact of Digital Amnesia

As part of its commitment to help people protect what matters most in their online-enabled world, Kaspersky Lab wanted to better understand how digital devices and the internet affect the way consumers recall and use information today – and what, if anything, they are doing to protect it.

We commissioned research firm Opinion Matters to survey 6,000 consumers, aged between 16 and 55+, split equally between male and female, with 1,000 from each of the UK, France, Germany, Italy, Spain and Benelux.

The results suggest a direct link between data available at the click of a button and a failure to commit that data to memory. Kaspersky Lab has
termed this phenomenon Digital Amnesia: the experience of forgetting information that you trust a digital device to store and remember for you.

More from The Rise and Impact of Digital Amnesia.

The Power of Roundtable Discussions

When it comes to decision making, colleagues and peers can help provide objective opinions as well as present new ideas you hadn't considered.

Programs like CEO Xchange support entrepreneurs by providing them with a confidential setting to discuss vital business issues, opportunities and trends with other colleagues.

CEO XChange presents top executives with the opportunity to broaden their business perspective and gain new knowledge by engaging in collaborative thinking and problem-solving - giving them the ability to more effectively lead their companies. And research has shown that personal and peer coaching, like that found in CEO XChange, can contribute significantly to entrepreneurial skill development and decision making.

Learn More: ucf


Read more at: Businessusa

10 Tips to Improve Business Efficiency

Your company is running smoothly enough, but you know things could be better. Sometimes, a project gets hung up a few days too long, or meetings that once felt productive and useful now seem to drag on for hours. It can feel like wheels spinning in the mud, and it’s hard to get that traction back.

How can you fix these kinds of issues? By focusing on improving the efficiency of your business. I asked members of the Young Entrepreneur Council for their tips on how they keep their businesses running efficiently, which in turn helps them be more productive.


Read more at Bplans

How One Creative Freelancer Like You Almost Didn’t Get Paid

Justin Barker, a producer at Creative Live, recently completed an instructional product video for a startup company in San Francisco. When this company refused to pay him and the contractors that he had hired, it was taken as highly offensive.

Unfortunately, it’s all too common for creatives to get stuck with unpaid invoices and lame excuses from some clients; Justin is not alone. This is happening to creative entrepreneurs more frequently than other entrepreneurs.


Read more at Bplans

Procurement Updates - Matchmaker Events & Other News

Why is Playboy giving up nudity?

This isn't a story about nudity; it's a story about disruption and innovation. Times, tastes and technology have changed everything. Even at 89, Hugh Hefner understands a simple fact: In today's rapidly evolving world you innovate or you become irrelevant. It's the biggest challenge facing businesses around the world...

It may seem ironic to think that the very nudity that Playboy pioneered has been "overtaken" by the Internet where you are "one click away from every sex act imaginable for free."

However, that's always how it happens. The thing that made you famous won't keep you relevant in a progressive world.

Kodak invented the digital camera in 1975, but it was so focused on its film and printing domination, it missed every opportunity in digital. The company filed for bankruptcy in 2012. Blockbuster created a desire to rent and stay in to enjoy movies from the comfort of our homes, and passed on the opportunity to buy Netflix, not once,…

How to Write a Business Plan

When how to write a business plan is at the top of the SBA list of the ten steps in how to start a business, it tells you something about how important the experts consider it to be. Planning a business and writing a business plan is more than just having a location picked and a product or service to sell. Financing, marketing strategy and future growth all require a well-researched and thought out business plan.

Read more at discoverbusiness

Central - The Big Move

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We're getting close. Today the movers are back and they're taking away a lot of our packed boxes and desks. Some of us are relocated to an interim location while offices are moved. There are miles of huge bins with all the office materials and Frankie and company are working overtime getting everything ready. The view from my desk is of Tammy's office which is all boxes.Keep this in mind if you need something - that we are limited in what we can do for a couple of days. We should be back up in our new office by the end of the week.

Our new details are:
Mailing Address:
New York Small Business Development Center State University of New York 10 North Pearl Street Albany, NY 12246

Physical / UPS / FEDEX deliveries:
New York Small Business Development Center State University of New York 10 North Pearl Street Albany, NY 12207

What Is Strategic Decision Making?

One of the essential parts of creating and running a small business is creating a mission or vision for the business and a set of goals the company aims to achieve. Strategic decision making, or strategic planning, describes the process of creating a company's mission and objectives and deciding upon the courses of action a company should pursue to achieve those goals.

Read more at Chron

How to Correctly Use Collateral to Secure a Business Loan

Items that make excellent collateral include real estate, cars, business inventory, and even cash savings.

If there’s one aspect of the American dream that seems to appeal to just about everyone, it’s the idea of owning and running your own business. Whether you’ve always dreamed of running an Asian-Italian fusion restaurant downtown, or simply can’t wait to open up that quaint little boutique filled with your own fashion designs, it’s only natural to be excited about someday becoming your own boss.

Knowing that you’re ready to open a small to mid-sized business is one thing, but knowing how to secure the funding you need is another.

Read more at Bplans

How a Small Business Can Compete With the Big Guys at SEO

You’re running a small business. You’d dearly love to have high visibility on Google for organic search engine traffic and leads—but you’re being overwhelmed by big competitors with deep pockets and an army of Search Engine Optimization (SEO) specialists at their disposal. Cheer up! You can still win at SEO, but you have to be smart—very smart—about how you deploy your resources. The important thing to remember is: What most small businesses do with SEO is exactly what they shouldn’t do. Read more at Bplans

Buzzwords, False Assumptions and Content Tips

Peter and Jonathan talk about business buzzwords they hate, and false assumptions you can make about your business. Joe Pulizzi (Founder, Content Marketing Institute) also joins in to talk about the six steps of the Content, Inc. model. The Bcast is the official podcast of Bplans.com, hosted by Jonathan Michael and Peter Thorsson. Tune in weekly for a fun and informative discussion that will help you grow your business. Every week, we bring in business experts to discuss the latest trends in marketing, sales, and entrepreneurship. Skip the stuffy MBA classroom and get information and advice that will actually help you grow your business today—and have some fun while you’re doing it. To listen, see itunes

SBA Empowers Small Businesses to Be Cyber Safe

The U.S. Small Business Administration unveiled today a new cybersecurity webpage for small businesses at www.sba.gov/cybersecurity on the 12th Anniversary of National Cybersecurity Awareness Month.  The SBA launched the online tools and resources to highlight Cybersecurity at Work from October 5-9th and in recognition of President Obama’s annual proclamation to educate Americans about cyberthreats and cybersafety.
“Cybersecurity is one of our nation’s most pressing national security priorities, and America’s 28 million small businesses, which create two out of every three new jobs in the U.S., are especially at risk.  Small employers are quickly becoming a larger target for criminals looking to access sensitive data because small businesses typically have limited resources for information systems security,”

Freelancers in the U.S. workforce

We’re entering a new era. For much of the past century, the 9-to-5 job has defined what most Americans think of as “work.”

But that is changing—fast. More than 53 million Americans are now earning income from work that’s not a traditional 9-to-5. That’s 1 in 3 workers.

We are still at the leading edge of a once-in-a-century upheaval in our workforce. The freelance surge is the Industrial Revolution of our time.

More from the Bureau of Labor Statistics.

Make the Switch to New Payments Technology

By SBA Administrator Maria Contreras-Sweet and Square CEO Jack Dorsey This October, America will take a major step to mitigate fraud and improve our financial security by migrating away from outdated credit and debit cards that transmit sensitive customer data using magnetic stripes. In 2015, it should not surprise us that a system using essentially the same technology as cassette tapes is especially vulnerable. That is why major credit card companies, lenders, and businesses are now embracing new, more secure, authenticated payment technologies. Many consumers already have credit cards embedded with microchips in their wallets, and many more will be receiving these cards in the coming months. This technology – also known as EMV (Europay, Mastercard, Visa) – is a safer form of payment for buyers and sellers alike, as the cards are nearly impossible to counterfeit. EMV is not the only payment shift on the horizon. Because reading chip cards takes more time than reading magstri…

SBA Proposes Changes to Affiliation Rule for Business Loan and Surety Bond Guarantee Programs

The U.S. Small Business Administration (SBA) is proposing revisions to its regulations for determining affiliation under SBA’s business loan programs and its surety bond guarantee program.  These revisions are designed to simplify eligibility determinations and reduce costs and processing time.
The proposed revisions were published October 2, 2015 in the Federal Register.  The comment period will be open until December 1, 2015.  SBA seeks comments from the public on the proposed rule and will consider these comments in its development of a final rule.
The proposed rule would apply to affiliation rules for SBA’s business loan programs and the surety bond guarantee program, but would not apply to SBA government contracting, business development, or grant programs.  The affected programs would include: the 7(a) Loan Program, the Business Disaster Loan Programs (collectively, the Economic Injury Disaster Loans, Reservist Injury Disaster Loans, Physical Disaster Business Loans, Immediate Di…

From Food Cart Startup to Award-Winning Restaurant

Business team and spouses Colleen and Stephen Sheehan started small, then went big. Tired of working for someone else, in 2010 they opened a Northwest-style-meets-Southern-cuisine food cart in downtown Eugene, Oregon. Their cart Delacata quickly became a local favorite, garnering multiple “Best of Eugene” accolades in annual people’s choice contests from local newspaper “Eugene Weekly.” But in 2013, the Sheehans set their sights higher. Riding the current national craft beer boom, the Sheehans remodeled a two-story, 5,580-square-foot former Carl’s Jr. restaurant into Elk Horn Brewery. The brewpub opened in 2014 and is gaining renown for its unique food menu, beers, and ciders. Elk Horn also won “Best New Restaurant” in Eugene Weekly Best of Eugene 2014-2015. In the midst of managing employees, running two businesses, handling suppliers, discussing beer styles with their brewer, and taking on all the other challenges of running a brewery and restaurant, the Sheehans took some time …

How to Keep Discounts from Killing Your Business [Part 2]

Now that we’ve looked at advertising in Part 1, it’s time to consider the situations in which you may be directly contacting your customers to advertise or market your products, and collecting their information to do so. Collecting customer information will be done in different ways online and offline, and has a number of different legal and privacy issues tied up in it that you need to consider. Let’s take a look. Read more at bplans