There is no single plan for starting a small business. Some businesses require more hardware, others more inventor y, still others a larger staff. One common need, however, is insurance. At its most basic, insurance is simply risk transference. The insured pays a premium to transfer the risk from themselves to the insurance company. And one of the most important types of insurance for small businesses is liability insurance. Much of the
Street vendors are everywhere. From farmer’s markets to food trucks to flea markets and craft fairs, there’s something for everyone looking for something to buy, and multiple opportunities for those entrepreneurs who want to market their wares. It seems easy: identify a venue, register with that venue and rent a space, purchase a sign, set up a table, and you’re in business. Or are you? The fact is, there’s more to it than that. Becoming a street
The fourth quarter of the year is the time when many businesses begin planning for the coming year. With that season almost upon us, there are several factors business owners should take into account when budgeting for next year’s payroll. PAYROLL Most every employee expects an annual raise and most understand there are a number of factors that play into how large – or small – those increases are. Raises depend both on employee performance
Contributed by Cheryl Heitmann, EDC-VC Board Chair October is National Women's Small Business Month, which calls us to recognize the leading role that women-owned businesses play in economic vitality and social equity. According to the Small Business Administration, nearly all (99.9%) of women-owned businesses are small business, and indeed their impact is mighty. They contribute more than $1.4 trillion in sales and 6.5 million jobs.
Successful growth of your business means thinking about the present and the future. In addition to working hard on the day-to-day, successful business owners also make time for forecasting and planning critical to continued success. Strategic thinking can help you turn your business vision into a reality by helping you develop the problem solving and critical thinking skills needed to navigate unexpected changes, and help you plan for and make
Born in Bangkok, Thai couple Tony Pornrattanavisai and his wife Amy met while students at Tennessee State University. After earning their degrees, they began working in restaurants in the Hollywood area. Although schooled in business, Amy's love for cooking prompted her to get a degree in culinary arts from Los Angeles Technical College, and together the two followed their dream to own and operate a Thai restaurant in the United
Jay Tsao has joined EDC-VC's Small Business Development Center of Ventura and Santa Barbara Counties (SBDC) team of 30-plus advisors providing free one-on-one consulting to local businesses to help area companies strengthen and grow their bottom line. Tsao's expertise in international trade and ecommerce will help local businesses looking to develop trade partnerships with Chinese companies and other global markets. "We are so happy to have
In collaboration with California State University, San Bernardino, Ray Bowman, executive director of EDC-VC's Small Business Development Center of Ventura and Santa Barbara Counties enjoyed a week in China as a guest lecturer teaching classes on International Supply Chain Logistics and International Import/Export to about 60 Chinese college students at Beijing Wuzi University's School of Logistics.
Contributed by Gonzalo Fernandez, Small Business Development Center Consultant September's Labor Day honors hard working Americans, and small business owners are among the hardest workers around. They are often the first ones in and the last ones out, working side-by-side with their employees. While we hear and read daily how our national economy is doing based on the stock market's biggest companies and business sectors, don't let
Camarillo, Calif.–Ray Bowman, director of the Small Business Development Center of Ventura and Santa Barbara Counties, recently received the Association of Small Business Development Centers coveted "State Star" Award in recognition of his contributions to the state SBDC program. Bowman was presented with the award at the 37th Annual America’s SBDC Conference in Nashville, TN. The award is given annually to an outstanding SBDC consultant from