The Critical Importance of Good Advice

Alexandria Small Business Development CenterSmall businesses and small nonprofits often face situations where it may make sense to get expert guidance to avoid costly mistakes. At the very earliest concept for a business venture, there are resources that can provide objective feedback and suggest approaches you might not have considered. The Alexandria Small Business Development Center (SBDC) provides accessible and experienced resources through its staff and its new SCORE counselor. These experts are adept at identifying areas that even the best of planning might have overlooked, and every entrepreneur benefits from getting a fresh perspective. With comprehensive feedback at the earliest stages, your strategies, approaches, and next steps are much better defined. In addition, the services of the SBDC and SCORE are without cost, leaving you more resources to spend on starting and growing your business.

During these counseling sessions, entrepreneurs may identify issues that require further research. Often, these include zoning and other locational considerations. They also include licenses, permits, and potential restrictions. Forewarned of these requirements, the entrepreneur can make better plans with fewer surprises. City staff is also ready to help the entrepreneur with preliminary and detailed planning – all before leases or other obligations are signed. The City now has small business facilitators who are entirely focused on helping novices through permitting and licensing processes. They can be reached at 703-746-4199 or 4268.

For help with site selection and advice on leasing, the entrepreneur should consult the Alexandria Economic Development Partnership (AEDP). Their expert staff knows the City, the real estate market, rental rates / sales comps, and can assist you with the site selection process for leases, sales or development. Their services are free and an essential stop before anyone considers, much less signs, a lease. Additionally, the Alexandria SBDC has a “Leasing Checklist” on its website. Both AEDP and SBDC staffs can advise you on Alexandria neighborhoods, their civic and business groups, and how to make the best entry with your business.

Financing is another area where entrepreneurs may need to get advice before making a formal application. Every application you make could affect your credit score, and being declined reduces your prospects with other lenders. Meeting with the SBDC’s business analyst – a retired banker – will help you strengthen your presentation to a lender, much like preparing with a coach before an interview. The earlier that preparation takes place, the better.

In addition to the free economic development resources like the SBDC, SCORE, and AEDP, there are other professionals whose expertise will save entrepreneurs many headaches – and dollars – if they are consulted early-on. Attorneys and accountants should be part of your management team from the start, and human resources consultants can help you avoid potential pitfalls as you start hiring employees. Alexandria SBDC keeps lists of reliable professionals for a broad range of small business matters, and we welcome your contacting us for referrals.

For more information, visit www.alexandriasbdc.org or contact Alexandria SBDC at 703-778-1292 or [email protected]

 

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Alexandria SBDC Announces Human Resources Counseling for Small Business!

Patra Frame - Strategies for Human ResourcesAlexandria SBDC now offers individualized human resources counseling for small business…at no cost!

The Alexandria SBDC would like to announce a new program that will begin this month. Many of our small business clients fear HR issues and mistakes, but do not fully appreciate how the right people and processes will help them succeed. Patricia Frame, founder of Strategies for Human Resources (www.SHRinsight.com), Human Capital Management Consultant, Speaker, and Author, will provide one-on-one Human Resources Counseling for Small Business through the Alexandria Small Business Development Center. These sessions will be available at no charge to City of Alexandria businesses on the fourth Wednesday of each month (except December). Sessions will last for 50 minutes at the SBDC offices, and there will be three timeslots available each month. The first series of sessions will take place on Wednesday, September 26th, at 9, 10 and 11 a.m.

HR consulting sessions will be scheduled on a first-come, first-serve basis. To take advantage of this opportunity, send Gloria Flanagan an email message (gflanagan [at] alexandriasbdc.org <– remove spaces and change [at] to the @ symbol for the actual email address), with “HR Consulting” in the subject line.

You must also include the following information in the body of your e-mail:

  • Name, company name and contact information
  • Current number of employees in your organization
  • 2 – 3 critical business issues facing your organization
  • Issues that you would like to address in the meeting

Participants who are not current Alexandria SBDC clients will also need to complete the “Request for Counseling” Form.

Once we have received your e-mail we will contact you to schedule your session.

Biographical Background Information for Patricia Frame is provided below:
Patricia A. Frame is an experienced management consultant, HR executive, speaker, and author on human capital issues. She is known for her ability to address organizational goals and issues effectively and to create human resource management practices which support these goals without excessive administrivia. Patricia has advised executives and boards on a wide range of human capital and strategic planning issues. She has expertise in organization development, talent management, process restructuring, compensation, and training. She has worked with technology-based companies, government contractors, non-profits, associations, and retail operations. She advises small to mid-size organizations on ways to succeed and to help their employees thrive. Ms. Frame has given seminars for SBDC in recent years on the basic processes of HR management.

Bring in your business concerns and let her help you find a path forward to enhance your success.

Google+ for Your Small Business [event]

Google+ logo

 

Google+ for Small Business
Technology That Can Help Your Business Grow!
February 29, 2012
9 am – 12 Noon

 

With only 20 spots for this hands-on workshop, we anticipate more demand than space.  Email or call Patricia Melton if you are interested.  Slots will be filled on a first come, first served basis, and then we’ll start a standby list.  See information below.

 

Google is the well-known search engine and leader in the Web advertising world, but if you haven’t already started seeing and hearing, they have recently launched a new service platform called Google+ and its Google relations, the +1 buttonDirect Connect and Search Plus Your World. Together, Google+allows businesses share, promote and measure the building of relationships between the business brands and the people who care about them. In this seminar and workshop, you get the best of both worlds from Alexandria Small Business Development Center. First, Ray Sidney-Smith, president of W3 Consulting, a Web and digital strategy firm for Small Business, presents a strategic overview of Google+ for small businesses. Following the presentation, Ray will walk you through the steps to launch your own Google+ pages for your business. This event is not to be missed!

 

From Google+ Pages’ site:

 

Share

 

Different people are interested in different parts of your business. Whether it’s breaking news, updates, promotions, links, photos – even talking face-to-face with groups via easy-to-use video chat –Google+ lets you easily share the right things with the right customers.

 

Promote

 

Help word get around. Put the +1 button anywhere you’d like people to be able to recommend your business, products or services to friends and contacts all across the web.

 

Measure

 

How’s your page doing, and how could it do better? Google+makes it easy to learn more about how your followers’ interactions on your page affect your brand, and your business.

 

Bring your wireless-enabled laptop, netbook, or mobile tablet (e.g., iPad). The session will be held in our boardroom, located at 625 N. Washington Street, Suite 400.  Because we expect this to close out early, we ask if you register, please attend or let us know if you cannot, so others may have the opportunity!

To register, email or call Patricia Melton, SBDC Counselor, at 703-778-2960.

 

Enter the “Retail Parking” garage via Pendleton Street for free parking.

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Photo courtesy of Wikipedia.

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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