Upcoming Events at the Alexandria SBDC

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Presents February 2012 Series of Events
We are well into 2012 with our programming designed to help your business thrive. As always, all of our events are FREE of charge!

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Tuesday, February 7, 2012:  Brown Bag Lunch- “Every Word Matters” – Learn tips for better business writing. Held from noon – 1:00 PM in our boardroom at 625 N. Washington Street, Suite 400 and presented by Eliza Dolin, Ivy Quill Communications, LLC. REGISTER NOW!

Thursday, February 9, 2012:Google to Great Webinar- “Marketing with Google Maps” (Google Maps)- This session runs from 10:15 to 11:15 AM. To register visit our website under the “Hot Topics” heading on the home page. Miss a webinar? Go to our archived resources page.

Tuesday, February 14, 2012: START MANAGE GROW Workshop – “Federal Business Development for Service Providers” presented by John Boulware, Federal Contractor Consultant; the second in a mini-series on Federal Contracting. Are you a service provider that needs help with identifying government business? Come to our expanded and interactive series designed to help you win federal contracts! Held in our office at 625 N. Washington Street, Suite 400 from 9:00 -11:00 AM. REGISTER NOW!

Thursday, February 23, 2012: Google to Great Webinar – “Being Business-Informed Using Google”(Google Reader, FastFlip & Currents). This session runs from 10:15 to 11:15 AM. To register visit our website under the “Hot Topics” heading on the home page. Miss a webinar? Go to our archived resources page.

**A hands-on ‘not to miss’ Google to Great EVENT: Only 25 can attend and you must bring your laptop or iPad**

Wednesday, February 29, 2012: “Google+ for Small business” – in this workshop, you get the best of both worlds from Alexandria SBDC and Google. First, Ray Sidney-Smith, president of W3 Consulting, a Web and digital strategy firm for Small Business, will present a strategic overview of Google+ for small businesses. Following the presentation, Ray will hand over the microphone to Googlers who will walk you through the steps to launch your own Google+ pages for your business. The session will run from 9AM to Noon in our boardroom, located at 625 N. Washington Street, and a light breakfast will be included. To register, call Pat Melton, SBDC Counselor, 703-778-2960. Because we expect this to close out early, we ask if you register, to please attend or let us know if you cannot, so others can!

Save the date for additional events that will help your business GROW:

  • Tuesday, March 6: Brown Bag Lunch“Business Structure Considerations: Legal and Tax Consequences” presented by Karen Hermann and Jen Ray, both Counsel at Crowell & Moring, LLP
  • Tuesday, March 13:“Federal Proposal Development- Focus on Technical Proposal”presented by John Boulware, Federal Contractor Consultant
  • Tuesday, March 27: “Federal Proposal Development- Focus on Cost Proposal”presented by Sequin Lukon, The Essential Agreement, LLC
  • Tuesday, April 3:  Brown Bag Lunch: From One to Many – Hiring Smartspresented byPatricia Frame, Strategies for Human Resources
  • Tuesday, April 24: “Subcontracting to Prime Federal Contractors” presented by Sequin Lukon, The Essential Agreement, LLC
  • Tuesday, May 8: “Financing for Government Contracting: The Importance of Timing”presented by Barbara Greenwald of Sheinwald Financial Strategies


Coming soon:

– Mini-series on branding your business presented by Belmont, Inc.

– Nonprofit business practices and guidance presented by Renner & Company, CPA, PC

Presidential Campaign Fundraising Has Little in Common With Small Business Financing

CNN‘s Tom Foreman explains in the network’s “Explain it to me” video series how the “presidential dash for cash” (in political parlance, campaign fundraising) laws and strategies work in simple terms. While watching the video, I realized that much of this is counter to Small Business financing and funding. Primarily, the subject of access to that capital to start or expand a Small Business. In campaign fundraising, as Mr. Foreman explicates, you can raise your own funds just like most of us who began our own businesses, but with presidential campaigns you can also choose to get matching funding from the federal government. We mere mortals do not get this preferential benefit if we go to the federal government and tell them we’d like to start a Small Business. Something mostly understood is that most funding for these presidential (and likely Congressional) campaigns come from a limited number of large donors and less of the funding comes from small-dollar donors. However, in Small Business, we have more opportunities than ever to find funding in creative ways since most small businesses can start with less than 5,000$ in capital (although 10,000$ is the average amount spent and asked for in small business loans).

If you’re looking for funding for your startup or expanding Small Business, don’t follow the norm by looking solely to financial institutions (and don’t leave them out of the funding portfolio either!) and borrowing money from family and friends (who more and more because of the economic downturn are weary to invest in new ventures). Here are a few resources for Small Business capital resources:

  • Crowdfunding: this is a relatively new concept, where you can ask many people to held invest small amounts to a larger loan amount (keeping their risk and your interest payments low); there are sites like MyMicroInvest.com and Prosper.com but there are many more players out there (so do your due diligence to make sure the sites are legit);
  • Bartering: the age-old concept of bartering with other Small Business owners here in Alexandria and the surrounding area is alive and well; learn more about bartering at the International Reciprocal Trade Association website; and,
  • Sell your Accounts Receivables: not a new concept either, it’s mostly unknown to expanding small businesses; if you have a healthy Accounts Receivable and are looking to grow your business, there are businesses that will help you do what is technically known as factoring.

Do you have other resources for finding capital for your or fellow small business? Post them in the comments!

EVENT: Every Word Matters in Business (Tues, 2/7/12)

Ever stare at a blank screen and not be able to write about your business? Do you struggle when you are under a deadline to write that business report or marketing piece? You are not alone! Many business owners know what they want to write, but they just can’t get it right!

Eliza Dolin - Ivy Quill Communications
February's Brown Bag Workshop Speaker, Eliza Dolin - Ivy Quill Communications

Come to our February Brown-Bag Lunch event and hear an upbeat, educational presentation about why good writing matters to all businesses – particularly small ones! These days, clear communication — whether in website copy, emails, memos, or newsletters — is more important than ever in achieving your business success.  Communications consultant Eliza Dolin of Ivy Quill Communications, LLC, will explain the reasons why, identify the causes of and cures for ineffective business writing, and offer tips that will help your business thrive.

Register today!

Join other small businesses at the monthly Brown-Bag lunch series of START, MANAGE, GROW your business sponsored by the Alexandria Small Business Development Center and the Alexandria Economic Development Partnership who are committed to helping small business thrive in Alexandria.

Free of charge, and held monthly in our boardroom located at 625 N. Washington Street, Suite 400 from noon until 1PM, business owners are invited to bring their lunch, network and learn nuggets of knowledge from experts.  A Q & A session will follow each presentation and we’ll get you back to your business promptly @ 1PM!

What Does the Alexandria SBDC Do – Our Services

 

Alexandria Small Business Development CenterAlexandria Small Business Development Center (SBDC) is Alexandria’s economic development program totally focused on small businesses. It’s those small businesses that comprise the largest segment of Alexandria’s economy, but we know their potential is often hindered by lack of information or expertise. When Alexandria SBDC’s services help businesses solve problem, overcome obstacles, link to resources and find new opportunities, Alexandria’s economy is strengthened. With that in mind the City of Alexandria, the U.S. Small Business Administration and a number of private sector sponsors provide funding so that all Alexandria SBDC services are provided without cost.

The services of Alexandria SBDC fall into three categories to correspond to business needs at each stage – START, MANAGE and GROW.

START

  • Instruction on steps to follow to start a business
  • Individual guidance on concept feasibility, business plan preparation and financing
  • Introduction to lenders
  • Referrals to attorneys, accountants and resources for site selection
  • Help with City and State regulatory issues

MANAGE

  • Cash flow management (every business needs to monitor!)
  • Referrals to attorneys, accountants, human resources specialists and other experts to solve problems or improve operations
  • Strategic / expansion planning
  • Tax / regulatory planning
  • Marketing / networking strategies / social media
  • Business education programs on all aspects of management, operations, human resources, marketing, branding and specialized training for retailers, restaurateurs and government contractors
  • Research resources

GROW

  • Access to loans and investors
  • Business education programs in areas of government contracting, e-commerce, international trade, and issues of fast growth
  • Introduction to key resources for expansion planning, business valuation or selling a business
  • Networking / marketing opportunities / social media
  • Research resources

With many years of experience, Alexandria SBDC staff responds quickly and can recommend solutions to problems and link businesses to the most effective resources. Savvy entrepreneurs describe Alexandria SBDC as the number they keep handy for times when they run into a problem or need an objective sounding board. They also describe the SBDC’s monthly business education programs as opportunities to pick up “nuggets of information” and continually improve their approaches.

The key message is that Alexandria SBDC offers individual and confidential assistance without cost to City of Alexandria businesses and Alexandria residents with businesses elsewhere. Get more information at www.alexandriasbdc.org or 703-778-1292.

 

Alexandria SBDC — 15 Years of Serving Small Businesses

Alexandria SBDC StaffOn December 17, 2011, Alexandria Small Business Development Center (SBDC) celebrated its 15th anniversary as the primary economic development program in the City of Alexandria that is totally focused on small businesses. The SBDC stimulates the local economy and job growth by providing Alexandria’s small businesses, which represent 91% of total businesses in the City, with individual guidance, information,  and an array of educational, research and management resources.

 

The following is a sampling of the SBDC’s impact over the past 15 years:

  • Over 3,000 businesses helped
  • 19,000 hours of assistance provided
  • $57 million in new loans facilitated
  • Over 5,000 jobs created or retained
  • Approximately 150 businesses averted failures as a result of SBDC guidance –

· Over 80 regained stability after 9/11 and Hurricane Isabel
· 70 were strengthened during the economic downturn of 2007 – 2009

Not quantified in the statistics above is the SBDC’s influence on fewer business failures, less costly mistakes by inexperienced entrepreneurs, more efficient business starts, easier navigation through regulatory processes and the commerce stimulated through SBDC referring businesses to attorneys, accountants, bankers, business organizations and other businesses for teaming or supplier relationships.

The SBDC, originally affiliated with The George Washington University and then with the Alexandria Chamber of Commerce from 1999-2010, is now hosted by the Alexandria Economic Development Partnership (AEDP). It is co-located with AEDP and the Alexandria Convention & Visitors Association in their new Partners for Economic Growth suite at 625 North Washington Street.

The dedicated staff of 3 full-time and several part-time specialized consultants offers individual guidance in such areas as startup ventures, financial management, loan proposal assistance, business and expansion planning, tax/regulatory planning, business best practices, government contracting, and enhanced retailing.

While the Board of Directors and staff of the Alexandria Small Business Development Center celebrated 15 years of accomplishment, their focus is on the future and reaching more of the City’s small businesses. Refer any Alexandria small businesses that could benefit from business feedback and guidance to Alexandria SBDC.

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Have You Resolved to Blog in 2012? Small Business Bloggers Unite in Alexandria, Virginia.

Blogging is for everyone, even small businesses.So, you’ve created a Facebook Page, updated your LinkedIn profile, and you have a Twitter profile, yet you’re not swimming in “Likes” and “Followers” in any social network. While you hear about new Social Media sites launching every month, you feel it’s a waste of time to invest in every tech start-up that hangs their shingle out. And, I agree. Well, it’s a new year and as good a time as any for a strategic marketing plan, that should include a small business blog to help plan, motivate and drive site traffic. In the meantime, I’m going to tell you what I tell every audience I talk to about the foundation of Social Media: blog. Yup, that’s it–a plain and simple strategy to jump-start your Social Media campaign in 2012. Stay tuned for a series of articles here that will cover blogging for Small Business!

If you don’t know how, and you live or run a small business in Alexandria, Virginia, you can get some great assistance by joining the Small Business Bloggers in the Alexandria Small Business .COMmunity here at AlexandriaSmallBusiness.com. It’s not only a community blog about the great things that Small Business is doing in Alexandria, but the products and services they provide, and advice to start, manage and grow your Small Business in general from the folks over at the Alexandria Small Business Development Center in Alexandria, Virginia.

 

Photo courtesy of The Library of Congress