From a May 18, 2013 report by the Consumer Financial Protection Bureau. Entrepreneurship and Small Business Formation Commenters suggest that rising levels of student debt may have discrete impacts on American small business formation. According to these comments, student debt may suppress risk-taking and innovation by discouraging the formation of new businesses by young entrepreneurs.
Category: news
CFRC is Only IDA Program in LA
Community Financial Resource Center (CFRC) has offered Individual Development Accounts (IDA) since 2000 and since then participants have been awarded over $872,000 in grants and they have saved over $312,398. According to them, it is the only IDA provider in the Los Angeles County. (Email us if you know of others.) CFRC can be a
Obamacare Delay Won’t Affect SmallBiz
From our friends at Small Business Majority Most Small Businesses Won’t be Impacted by Delay in Healthcare Law’s Employer Responsibility Requirement Tuesday, July 2, 2013 Statement by Terry Gardiner, Vice President, Policy & Strategy of Small Business Majority, about the Obama Administration delaying until 2015 requirements that employers with more than 50 employees offer health
Unita Parnell, Caribbean Day Spa
From a young age, Unita Parnell knew that she wanted to take a different path. “I had no footprints to follow,” Unita shared about her childhood. “Many people around me lacked the motivation to boost their own economic situation, choosing to not further their education nor pursue avenues of self-improvement.”
Viek: TA First Step in Capital Access
Small Business File quotes Claudia about the importance of business technical assistance.
Inspired Marketing
How to Creatively and Consistently Communicate to Your Ideal Customers: Before you jump into any marketing strategies (including social media), do you really know what you want to communicate? Joy Taylor presents.
Working Smart
How to Understand Your Profit and Loss Statements to Increase the Bottom Line: Numbers tell stories when you know how to read them. In order to be sustainable and thrive, smart entrepreneurs turn to their financial statements to make empowered decisions. Susan Brown presents.
Masaki’s Mongolian Grill
Eric and Jeni Masaki had a business problem—albeit a good one—their Kyoto Japanese Restaurant was so popular, the owners had a hard time meeting customer demand. After a few years of running this successful business, the Masakis decided to expand, thanks to a loan from CAMEO member Arcata Economic Development Corporation.
iResult
Dawn Verdick spent 25 years advising mid-to large corporations on turnaround strategy. In 2008, she decided that she wanted to give back. She was at a stage in her life where her work needed to have substance and meaning. She wanted to contribute her talents to making the world a better place.
CAMEO Honors Self-Employment Champions
San Francisco, CA (PRWEB) June 19, 2013 For National Small Business Week (June 17-24), CAMEO honors Assemblywoman Mariko Yamada, (D-Davis) and Assemblywoman Cheryl Brown, (D – San Bernardino). The assemblywomen introduced two bills this session that would increase self-employment within the workforce system. “All small businesses start with a single impassioned owner. If we’re going