Episodes

  • Special Encore Presentation: Hubzone, Oasis in the Desert?

    Special Encore Presentation: Hubzone, Oasis in the Desert?
    Dec 12 2013
    Are you a small business, owned and controlled at least 51% by U.S. citizens, or a Community Development Corporation, an agricultural cooperative, or an Indian tribe and the principal office located within a “Historically Underutilized Business Zone?” This information directly impacts you. What is a HUBZone and how can it help my small business? This program is a part of the Small Business Administration to encourage economic development in historically underutilized business zones -HUBZone How? SBA's HUBZone program promotes economic development and employment growth in distressed areas by providing access to more federal contracting opportunities. The program’s benefits for HUBZone-certified companies include: • Competitive and sole source contracting • 10% price evaluation preference in full and open contract competitions • Subcontracting opportunities. • Federal government awarding 3% of all dollars for federal prime contracts to HUBZone-certified small businesses.
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    57 mins
  • Special Encore Presentation: Mentors - SCORE

    Special Encore Presentation: Mentors - SCORE
    Dec 5 2013
    The way we do business has drastically changed and entrepreneurs and startup businesses have to keep pace with the changing times in the economy, social media, mobile apps and technology changes daily. How do you keep up and know how these changes affect you? .More importantly, where do you go to get answers to these questions? If you take time to keep up with all the changes, then is your business suffering? If you are unsure what is next and seeking answers to make important decisions, may I strongly give you a suggestion, Mentors! You do not have the luxury of waiting for business to just happen, in this economy and ever growing competition. You have to make it happen! There is so much more you have to navigate and sort through on a daily basis. There are more rules and regulations than ever before. Don’t try to do this alone, there is help available and we will discuss how mentoring can be your most valuable resource and productive use of your time. Join us to discuss mentors.
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    57 mins
  • Special Encore Presentation: Financial Literacy Builds Self-Reliance

    Special Encore Presentation: Financial Literacy Builds Self-Reliance
    Nov 28 2013
    What is an economy? An economy is the way a society organizes to meet the physical needs of its people. There are local, regional, national and global economies. A local economy is made up of businesses that serve need but also builds the community. When you make a purchase in your community, you contribute to the economy by supporting a business owner. The business owner contributes to the economy by providing goods or services that people want to purchase. The business owners contribute by employing community members, being a role model for youth and making purchases at other businesses. Now there is a cycle of transactions that builds the community and its members. How do personal financial skills impact that economy? Financial literacy allows you to take control of your family’s and the community’s financial future. It not only brings economic growth, but other community benefits that come from strengthening the local economy such as retaining the wealth and increasing self-reliance..
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    57 mins
  • Special Encore Presentation: Business Plan, Roadmap to Avoid Pitfalls

    Special Encore Presentation: Business Plan, Roadmap to Avoid Pitfalls
    Nov 21 2013
    Why should you write a business plan? Consider the thought of building a house. There are many steps to building a structure and planning is critical at every stage. A plan must be developed from location all the way to the color of the walls in the kitchen. Would you dare attempt to build this house without some kind of a plan? Would you buy a home that was constructed without building plans drawn? The answer is a “resounding NO” A business plan is CRUCIAL to the successful development of your business venture. Whether this plan is ever used for raising capital, an investor, the bank, potential partners or just a roadmap to keep you on course, the thought process is invaluable to you as a business owner. A business plan is a living document, something you will refer to on numerous occasions and update, as the business goes through several cycles of growth. It is the one source that has all of your dreams and goals and contains all of the how-to instructions to implement. Do It!
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    55 mins
  • Hubzone, Oasis in the Desert?

    Hubzone, Oasis in the Desert?
    Nov 14 2013
    Are you a small business, owned and controlled at least 51% by U.S. citizens, or a Community Development Corporation, an agricultural cooperative, or an Indian tribe and the principal office located within a “Historically Underutilized Business Zone?” This information directly impacts you. What is a HUBZone and how can it help my small business? This program is a part of the Small Business Administration to encourage economic development in historically underutilized business zones -HUBZone How? SBA's HUBZone program promotes economic development and employment growth in distressed areas by providing access to more federal contracting opportunities. The program’s benefits for HUBZone-certified companies include: • Competitive and sole source contracting • 10% price evaluation preference in full and open contract competitions • Subcontracting opportunities. • Federal government awarding 3% of all dollars for federal prime contracts to HUBZone-certified small businesses.
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    57 mins
  • Financial Literacy Builds Self-Reliance

    Financial Literacy Builds Self-Reliance
    Nov 7 2013
    What is an economy? An economy is the way a society organizes to meet the physical needs of its people. There are local, regional, national and global economies. A local economy is made up of businesses that serve need but also builds the community. When you make a purchase in your community, you contribute to the economy by supporting a business owner. The business owner contributes to the economy by providing goods or services that people want to purchase. The business owners contribute by employing community members, being a role model for youth and making purchases at other businesses. Now there is a cycle of transactions that builds the community and its members. How do personal financial skills impact that economy? Financial literacy allows you to take control of your family’s and the community’s financial future. It not only brings economic growth, but other community benefits that come from strengthening the local economy such as retaining the wealth and increasing self-reliance..
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    57 mins
  • Redemptive Soul

    Redemptive Soul
    Oct 31 2013
    Over the past four decades we’ve seen the dismantlement of our schools, neighborhoods and families in our cities. Loss of income and lack of commitment from government and business, has contributed to these conditions. We have to band together and protect, provide, share, feed and care for each other. Most of all we must love. We need to be proactive in rebuilding and re-spiriting our cities. People must rise and take charge of their daily personal lives, community and city. We must value every life in our communities and demonstrate love by investing in ourselves and change the underdeveloped behavior that contributes to the social mayhem in neighborhoods. Develop liberated peace zones, which breeds hope in people! Restore the neighbor back to the hood. People survive in hoods through underdeveloped behavior, but people live in neighborhoods through love and care. Bridge the gap between hope and desperation. Not a time for acrimony but harmony. Not a time for discord but for direction.
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    57 mins
  • Keep AR Cash Flowing In

    Keep AR Cash Flowing In
    Oct 24 2013
    Accounts receivable represents money owed by companies to the supplier of goods or services on credit. In most business entities, the process for A/R is typically generating an invoice and either mailing or electronically delivering it to the customer. Payments are mde and received within an established timeframe, called credit terms or payment terms. The A/R team is in charge of receiving funds on behalf of a company and applying it towards their current outstanding balances. Collections occur when payments are not received timely, based upon the terms of sales. A common payment term is Net 30 days but other terms include Net 45, Net 60 and 30 days end of month. An A/R Age Analysis is divided in categories for current, 30 days, 60 days, 90 days or longer. Customer Aging Report reflects the age or how old the balances are. Instead of writing off your profits and diminishing your cash flow, join Abe and me for an in depth conversation about your AR and getting that cash flowing in.
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    57 mins