This one-stop information shop of business resources is devoted to entrepreneurs in all stages of growth and development -- from the first steps to the grand openings.
The San Diego County Water Authority will procure billions of dollars in consulting services, vendor supplies and construction in the next several years. To ensure that small businesses have an opportunity to compete for these dollars, the Water Authority's Small Contractor Outreach and Opportunities Program assists small businesses interested in participating in public procurement.
Carlsbad resident Joan Colvin was no different than a lot of inventors and entrepreneur types. She had what she thought was a winning product idea but wasn't sure what to do with it or how to get started licensing, manufacturing, marketing, distributing and ultimately profiting from it.
When we hear the word "business," most of us tend to think of giant corporations and Fortune 500 heavyweights like IBM, Ford or GE. While these large high profile companies account for billions of dollars in this country's gross domestic product, the fact is that small businesses make up a sizeable and vital component of our nation's economy.
You wake up in the morning filled with expectations of your upcoming business meeting, which could increase your income by 20 percent to 50 percent. You look into your closest and pick out something you know portrays confidence. You eat a healthy breakfast and grab some coffee, get into your car and head off to that anticipated meeting.
Starting and managing a business takes motivation and talent. It also takes research and planning. Although initial mistakes are not always fatal, it takes extra skill, discipline, and hard work to regain the advantage. Take time beforehand to explore and evaluate your business and personal goals, then use this information to build a comprehensive and thoughtful business plan that will help you reach these goals.
How long has it been since you took the time to stand in your customers' shoes? In other words, really evaluated what your customers experience while conducting business with you? Referred to sometimes as the brand experience, this concept can help you cultivate customer loyalty and increase sales.
Chambers of Commerce
To succeed, entrepreneurs must attract and retain a growing base of satisfied customers. Marketing programs, though widely varied, are all aimed at convincing people to try out or keep using particular products or services. Business owners should carefully plan their marketing strategies and performance to keep their market presence strong.
When applying for a loan, you must prepare a written loan proposal. Make your best presentation in the initial loan proposal and application; you may not get a second opportunity.
While poor management is cited most frequently as the reason businesses fail, inadequate or ill-timed financing is a close second. Whether you're starting a business or expanding one, sufficient ready capital is essential. But it is not enough to simply have sufficient financing; knowledge and planning are required to manage it well. These qualities ensure that entrepreneurs avoid common mistakes like securing the wrong type of financing, miscalculating the amount required or underestimating the cost of borrowing money.
Whether it is a small Coast Guard surface vessel or large aircraft carriers such as the USS Ronald Reagan, Miller Marine Co. of National City is ready.
It's not easy to think about ideas as property, but for some businesses it's vital. Most of us have had an idea for a new product or service only to dismiss, postpone or neglect it. Sometimes we later find that others had the same idea, but took it to market before we did. By that time, it is too late for us to take advantage of the idea.
Hackers and terrorists aren't the only cyber threats to Corporate America. Fires, HVAC, power grids and backhoes can destroy a company's valuable network just as easily. It's something that most companies don't even consider when choosing an Internet Service Provider and co-location facility. So says Jerry Morris, founder and general manager of San Diego-based NextLevel Internet Inc.
A business plan precisely defines your business, identifies your goals and serves as your firm's resume. The basic components include a current and pro-forma balance sheet, an income statement and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications and make good business decisions.
When inventor Joy de la Rén created an Internet company selling stamps to label children's clothes, she began receiving orders before she had developed a formula for the ink.
Maureen Gray, the president and founder of KBM Building Services, was just 20 years old when she started a company with $1,000, some ads in the Pennysaver, a briefcase, a small rented office space and six housekeepers.
To get his first small business loan, Robert Perez had to put up his house for collateral and purchase a life insurance policy at his bank’s request; and he considers himself fortunate. For other entrepreneurs, getting a small business loan can be close to impossible if they don’t own property or have less than perfect credit.
In May at the University of San Diego Family Business Forum, Mark and Scott McMillin spoke to members of the "Next Gen" -- young potential successors in family businesses -- about their own approach to co-managing their family's successful business, Corky McMillin Cos. They talked about how they each had worked for the family business for years, how they each had put in very long hours over the years and how they each emphasize Corky's constant reminder that "family comes first" over the business.
Harassment in the workplace is one of the most often litigated areas of law. So it behooves employers and business owners to do everything in their control to spot harassment, sexual or otherwise, and stop it before it reaches a point where legal action may be taken. However, before you can stop it, you must first understand what harassment is.
San Diego Gas & Electric's small business rates are rising to 16.775 cents per Kilowatt, up from 15.757 cents, according to Eddie Van Herik, spokesman for the company. The rate change takes effect June 1.
A report on corporate culture by a California organization found that less than half of companies encourage discussion of moral dilemmas and criticism of censurable conduct at the workplace.
The Daily Transcript and the San Diego Association of Nonprofits acknowledge the local agencies that provide critical services to our community.
The Transcript joins the San Diego Association of Nonprofits in presenting this special publication on local nonprofit organizations.