Ready to Start Your Business? SBDC Presents “Survive and Thrive”

Buffalo State College Small Business Development Center is hosting a workshop on Wednesday, September 12, 2012.

Topics:

  • Creating a business plan
  • Evaluating the competition
  • Understanding the numbers
  • What about taxes?
  • Basic legal concerns

DATE: Wednesday, September 12, 2012

WHERE: Buffalo State College
Burchfield Penney Art Museum Location: Burchfield Penney Art Museum, second floor. The Museum is part of Buffalo State College, located on Elmwood Avenue.
1300 Elmwood Ave, Buffalo, NY 14222.

Parking: Parking is “FREE” in the Burchfield Penney Art Center parking lot, located behind the Art Center. From: 8:00am – 1:00pm – ONLY

TIME: 8:30am – 12:00 noon
Registration: 8:00am – 8:30 am

Fee:
$20.00

SEE EVENT FLYER

FOLLOW UP!
Let’s us know if you attend. Love to read your review.

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A Call to Action

“An active agenda to develop, retain and grow businesses is vital to the economic future of the Black Community. The development of high growth businesses and an increase of procurement opportunities for minority businesses could act as economic stimulus for our urban centers. Let’s get creative and create niche businesses that meet the consumer needs and demands.

The revitalization has begun. Buffalo is a mecca for economic opportunities. People are planning and implementing change.  As the saying goes, the train has left the station.”  Are you on board?    –     Jennifer J. Parker, founder of the Black Capital Network 

So You Want to Start Your Own Business?

Success depends on what you know and how you use what you have
learned. The following is a list of Business tips that can assist you in
starting your business and surviving the challenging task of becoming a
successful entrepreneur.

Consider starting with  your local resources; for example, SBA and SCORE
counselors, and your local Chamber of Commerce.

A Great Entrepreneurial Success Story. Watch the following video. SBA: Delivering the Entrepreneurial Spirit

I. Research your business

II. Develop a strong business plan with an accurate cash flow projection

III. Be Smart! If you do not know, seek help from an expert. Your business
partners – an attorney, accountant, marketing expert

IV. Keep your personal and business finances in order; consult a financial
adviser and accountant

V. Learn how to network effectively.

VI. Recognize that you must network to build business and professional
relationships.

VII.  Develop an effective marketing plan.

A Case Study for Life Long Learning

An Entrepreneur’s Dream Killer: Thinking that there is not a need to continue your business education.

Whether starting a business or maintaining a business, education is a part of the success formula.  It is important to attend seminars and workshops to enhance your business skills.

A shocker to the status quo – The education needed may not be what we consider the traditional curriculum.

Yesterday, I attended an empowering and educational workshop and brunch hosted by Women in the Spotlight Going Global, on-line networking group on Facebook designed to “Spotlight” Empower, Educate and Inspire Women to be the Architects of Change. The key presenter was Marshawn Evans, a powerful and inspirational educator, author, entertainment attorney and one of the nation’s leading experts on the art of maximizing potential.

She noted “You must invest in yourself; traditional education only take you to traditional places.”

She explained that although she received degrees from leading institutions, her legal and undergraduate education did not include the best ways to become a published author or how to become a popular speaker and workshop presenter.  This  observation is also shared by business owners who have MBA degrees.  Some have admitted that a great deal of their real life business foundation came from reading business books and listening to podcasts.

I personally believe that everyone, but especially leaders and business owners should embrace life long learning.  The world is rapidly changing, and to effectively lead or grow a business one must keep ahead of the prevailing trends that affect their industry.  At the two hour seminar I was motivated to reevaluate my business plans and found myself taking eight pages of notes.

Marshawn Evans Speaking at 2nd Annual Brunch of Women in the Spotlight Going Global

During her presentation Marshawn
outlined what she refers to as the 3 phrases of a business:
Phase I. Discovery Phase
Phase II. Elevate Phase (capacity building)
Phase III. Influence Phase (stage where you are ready to increase your revenue six figures or more)

It is clear that education is vital at each stage.  For instance, I always advise budding entrepreneurs to please “Look before you leap.”   Consider the advice given by Alfred Edmonds, senior vice president/multimedia editor-at-large of BLACK ENTERPRISE, “Stepping out on faith does not mean blindly leaping into the unknown; it means taking the steps necessary to prepare yourself for the blessing of your calling.”  

Those steps include educating yourself on what is necessary to legally start a business in your state, researching industry data, writing a formal business plan and reading business success stories and speaking with business experts.

“FAITH AND ACTION MUST WORK TOGETHER.”

 However, if you don’t believe Alfred, well here is a little advice from the queen of advice and motivation, Oprah Winfrey. Oprah has been quoted stating that “We create our own destiny – Success is when opportunity meets preparation.”  The emphasis is on the word preparation.

I recommend you add a continual education credit to your business tool box today by viewing a sample of Marshawn’s entrepreneurial wisdom.

Workshops/Seminars/Conferences

Please check the Black Capital Network Blog and website for a list of business workshops and seminars.

Also consider the following online courses:

BUSINESS PLAN RESEARCH
http://www.myownbusiness.org/s2/#7

SBA
http://www.sba.gov/category/navigation-structure/counseling-training

SCORE
http://www.score.org/

Small Business and Self-Employed Tax Center
http://www.irs.gov/businesses/small/index.html
BUFFALO, NEW YORK

SCORE WNY
http://buffaloniagara.score.org/

Small Business Development Center at Buffalo State College
http://www.buffalostate.edu/sbdc/x457.xml

Canisus Women’s Business Center
http://www.canisius.edu/wbc/

The Emerging Tech-Based Economy: Do not be left behind

I recently read an informative article on the Huffington Post about the changing US economy and the focus on STEM education (science, technology, engineering and math), Tech jobs and business opportunities. Darrin Redus, Chief Economic Inclusion Advisor for JumpStart Inc., wrote that:

” The focus of this article concentrates on what regions across the country can do today to begin to reverse some of these unfavorable trends and connect more minorities to the nation’s emerging tech-based economy.”

Please read because it is truly a wake up call and information to know.
6 Ways to Connect Minorities to the Nation’s Emerging Tech-Based Economy

Be Empowered: 2nd Annual Women in the Spotlight Going Global Brunch

August 25, 2012 Brunch

Women in the Spotlight Going Global 2nd Annual Brunch

Date: Saturday, August 25, 2012
Time: 11:00am – 2:30pm
Location: Statler City, 107 Delaware Avenue, Buffalo, NY 14202

Keynote Speaker:Marshawn Evans. As one of the nation’s leading experts on the art of maximizing potential, Reinvention Strategist, Entrepreneur and Entertainment Attorney, MARSHAWN EVANS is Founder of ME Unlimited®, a corporate life-enrichment consulting firm focusing on reinvention, diversity, innovative leadership and peak performance strategies.

She is author of SKIRTS in the Boardroom: A Woman’s Survival Guide to Success in Business & Life (Wiley 2008), and founder of The SKIRTS Network™ and The Work Your SKIRTS Awards.™

TICKETS: Tickets for the luncheon can be purchased in Buffalo,NY at Candy Kids Spa (Galleria Mall), Code Blu Juice Bar, 23 Allen Street or visit www.womeninthespotlightgoinglobal.com/.

The theme for the WITSGG 2nd Annual Brunch is “Investing In Me, Inc.  Be prepared to be energized, embrace change, and absorb all of the informative dialogue that will be presented to you by a group of dynamic women. Even if you consider yourself a self-motivated, this is an event you don’t want to miss.

I’m excited to announce that Dr.Keli-Koran Holder-Luchey will be presenting our brunch version of Sister Circle Saturday, Mary Travers, Executive Director of the Family Justice Center (Domestic Violence), Jennifer J. Parker, President of The Black Capital Network (Think Collaboration,Think Economic Success), and of course our keynote speaker Marshawn Evans. Additionally, we have added a few other surprises this year!