GD eNews | Vol. 4, No. 12 | June 30, 2005
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What Are My Competitors Doing and Why Does it Matter?
Knowing everything possible about your competitors helps you develop your competitive edge. Once you know their pricing, customer service strategies and marketing approach, you are prepared to develop your competitive advantage ?how you are not only different, but better! Identify... Continue»
Posted on June 30, 2005 to Business Resources | Comments
Finding the Right Employee for Your Business
There exists numerous traditional and non-conventional resources for finding employees. Identify and select the best resources for your business. Hiring employees can be a very time consuming process. So before you start searching, consider how one of your own employees... Continue»
Posted on June 30, 2005 to Business Resources | Comments
Why Do Some Entrepreneurs Believe in the Tooth Fairy?
The Myth of Free Government Money: A Perennial and Pernicious Scam By Karen E. Klein via a column called “Smart Answers” (Author for Business News Week) The late-night TV infomercial is so alluring: “Come to our seminar and find out... Continue»
Posted on June 30, 2005 to | Comments
Venture Capital Vocabulary
In understanding the nature of venture capital, it’s important for companies to speak the same language as the venture capitalists. Here are a few of the key terms: Exit One of the key concerns of venture capitalist. Typically, the fund... Continue»
Posted on June 30, 2005 to Business Resources | Comments
Standard Commercial Financing Types for Small Business
Do you know what the lender looks for when analyzing your loan package? Regardless of where you seek funding -- from a bank, a local development corporation or a relative -- a prospective lender will review your creditworthiness. A complete... Continue»
Posted on June 30, 2005 to Business Resources | Comments
Capital Access FAQ’s
GRANTS Question: Are grants available for startup businesses or for any type of business? Answer: The Minority Business Development Agency (MBDA) is not a funding source and does not provide grants. There are grants available through federal and state government... Continue»
Posted on June 30, 2005 to Business Resources | Comments
Focus on Black Business Owners
aspiring minority entrepreneurs need to hear success stories Professor Chester Baker has seen it time and again in his management class: A case study comes up for discussion and his black students tune out. The reason? Baker, of Huston-Tillotson University... Continue»
Posted on June 30, 2005 to Business News | Comments
Introducing The MBE Advocate, designed specifically for coordinators, contractors, owners, architects, engineers and MWBEs. Visit the MBE Calendar for information about upcoming events.
DISTRICT OF COLUMBIA: 'Vendor Deception' Explains Why Billions in Small Business Dollars Go to Corporate Giants
WASHINGTON--The Small Business Administration made a surprise announcement (on Friday June 17th) stating they had dropped their appeal of a federal court order to produce the original draft of a report on why billions of dollars in federal small business... Continue»
Posted on June 29, 2005 to Disparity | Comments
SOUTH CAROLINA: Research park lacks minority firms
SPARTANBURG — Clemson University’s plans to build a 250-acre automotive research park in Greenville haven’t landed much work for minority businesses. Public and private concerns, including BMW Corp., IBM, Michelin Corp., the state Department of Commerce and the city of... Continue»
Posted on June 29, 2005 to Capital | Relationships | Technology | Comments
MARYLAND: Duncan seeking Hispanic voters
Montgomery County Executive Douglas M. Duncan is getting a fast start on attracting Hispanic voters for next year's gubernatorial race, but he is not alone in pursing a small percentage of votes that might decide the election. "Now more than... Continue»
Posted on June 29, 2005 to Hispanics | Comments
MISSOURI: Minority-Owned Businesses Face Difficult Challenges to Succeed in Global Business Environment; Past Progress Will Not Lead to Future Competitiveness
Kansas City--Impressive gains made by minority-owned businesses over the past few years stand to be squandered unless new growth strategies are adapted to compete in a rapidly changing business market, according to a new study by The Boston Consulting Group... Continue»
Posted on June 29, 2005 to Global | Research | Comments
OHIO: Inclusion plan 'with teeth' bitten
Cincinnati--At a City Council hearing in November 2003, Vice Mayor Alicia Reece chastised city staffers for proposing a "watered-down, with-no-teeth program" to encourage city contractors to partner with women- and minority-owned businesses. "I want to be very clear, we want... Continue»
Posted on June 29, 2005 to Legislation | Comments
NATIONAL: Growing Housing Market Targets Black Americans
California--Their buying power in the United States is near $750 billion, but the number of blacks who own a business isn't as mighty and their spending is just a fraction of consumer spending overall. Gatherings such as the 8th annual... Continue»
Posted on June 29, 2005 to Housing | Comments
NATIONAL: MINORITY CONTRACTING
WHAT IS IT? Healthy local businesses are a basic component of strong, sustainable communities. They generate job opportunities for residents, and that keeps money circulating within the neighborhood rather than draining outward. In urban communities of color, businesses owned by... Continue»
Posted on June 28, 2005 to Capital | Relationships | Research | Supplier Development | Women | Comments
NATIONAL: Hispanic Business Facts
U.S. Hispanic purchasing power has surged to nearly $700 billion and is projected to reach as much as $1 trillion by 2010, ( HispanTelligence)The rate of growth is nearly three times the overall national rate over the past decade and... Continue»
Posted on June 28, 2005 to Hispanics | Comments
NATIONAL: INDUSTRY GROUPS ANSWER THE CALL TO LEAD AND ACT
It's the informal network of leadership companies concerned with issues related to minority supplier development that have proven to be one of the most helpful ways for corporate members to set standards, and be supportive of their peers while gaining... Continue»
Posted on June 28, 2005 to Supplier Development | Comments
MBEAdvocate.com At-A-Glance
MBEAdvocate.com is an online web log (blog) providing integrated solutions and information for minority business enterprises that enable them, our customers, to maximize their capabilities. MBEAdvocate.com is a national leader in providing support to state and local MWBE coordinators, minority... Continue»
Posted on June 27, 2005 to Support | Comments
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