This document provides information and advice for entrepreneurs starting a small pastry business. It discusses legal and safety issues entrepreneurs need to be aware of, including labor laws, liability insurance, and securely handling customer data. It also recommends using technology like iPads, scheduling software, websites, and touchscreens to help run the business efficiently. The document then asks if the reader still wants to be an entrepreneur after reviewing these responsibilities and provides tips on funding options, local business resources, and developing effective leadership skills.
Bristol Entrepreneur Express Workshop Presentation, February 23, 2010Sandy Ratliff
The Virginia Department of Business Assistance partnered with the Bristol TN/VA Chamber of Commerce and King College hosted an Entrepreneur Express Workshop in celebration of National Entrepreneurship Week. Other participating organizations included SCORE, Virginia Highlands Small Business Incubator, Virginia Tourism Corporation, People Inc. Financial Services, Virginia Highlands Small Business Incubator, and Virginia Economic Bridge.
Find out about more upcoming workshops to be held around Virginia at www.vastartup.org.
Crowdsource Noon Knowledge SBA Session, April 22, 2015Sandy Ratliff
Have you heard about the new way to raise money? Carl Knoblock with the Small Business Administration presented this session discussing what it is, why businesses and organizations should use it and how you can get started.
They Call Us Crazy - How Two Twenty-Something Entrepreneurs Beat the Recessio...Scott Salkin
Entrepreneurs (and husband and wife team) Scott and Rachel Salkin as they take you through their journey from bootstrapped startup to multi-million dollar, nationally recognized lead generation and marketing firm, grown right here in Arizona.
Get ready for an honest look back - and forward - at how Scott and Rachel quit their jobs and launched the company during the height of the recession, hustled to acquire new clients across the country, survived a roller coaster ride of ups and downs, and continue to manage the business with even bigger plans for growth, all while maintaining a growing family and marriage.
Scott and Rachel will cover a variety of business topics relative to any entrepreneur or startup, including hiring (and firing), legal questions and HR, finances and cash flow, sales and marketing, processes, and much more.
Bristol Entrepreneur Express Workshop Presentation, February 23, 2010Sandy Ratliff
The Virginia Department of Business Assistance partnered with the Bristol TN/VA Chamber of Commerce and King College hosted an Entrepreneur Express Workshop in celebration of National Entrepreneurship Week. Other participating organizations included SCORE, Virginia Highlands Small Business Incubator, Virginia Tourism Corporation, People Inc. Financial Services, Virginia Highlands Small Business Incubator, and Virginia Economic Bridge.
Find out about more upcoming workshops to be held around Virginia at www.vastartup.org.
Crowdsource Noon Knowledge SBA Session, April 22, 2015Sandy Ratliff
Have you heard about the new way to raise money? Carl Knoblock with the Small Business Administration presented this session discussing what it is, why businesses and organizations should use it and how you can get started.
They Call Us Crazy - How Two Twenty-Something Entrepreneurs Beat the Recessio...Scott Salkin
Entrepreneurs (and husband and wife team) Scott and Rachel Salkin as they take you through their journey from bootstrapped startup to multi-million dollar, nationally recognized lead generation and marketing firm, grown right here in Arizona.
Get ready for an honest look back - and forward - at how Scott and Rachel quit their jobs and launched the company during the height of the recession, hustled to acquire new clients across the country, survived a roller coaster ride of ups and downs, and continue to manage the business with even bigger plans for growth, all while maintaining a growing family and marriage.
Scott and Rachel will cover a variety of business topics relative to any entrepreneur or startup, including hiring (and firing), legal questions and HR, finances and cash flow, sales and marketing, processes, and much more.
D2N2's strategy and action plan for stimulating growth in the food and drink manufacturing sector (one of our eight key sectors). Prepared by the Food & Drink Forum on behalf of D2N2
Edinburgh: Developing an effective food partnership and action planSoilAssocScot
A presentation by Councillor Lesley Hinds of City of Edinburgh Council and Edible Edinburgh, prepared for the Food for Life Scotland and Sustainable Food Cities event in Edinburgh on 6 November 2015. Copyright Edible Edinburgh.
Show Me The Money - The Ying and Yang of Entrepreneurial FinanceJohn Landry
Presentation of 12-time CTO/Entrepreneur and Entrepreneur-in-Residence John Landry (https://www.linkedin.com/in/leaddogvc) to Babson College Alumni and Students on the ins-and-outs of financing (or bootstrapping!) entrepreneurial ventures.
Created: 4/17/19 - Landry Babson Speaker Series #4
D2N2's strategy and action plan for stimulating growth in the food and drink manufacturing sector (one of our eight key sectors). Prepared by the Food & Drink Forum on behalf of D2N2
Edinburgh: Developing an effective food partnership and action planSoilAssocScot
A presentation by Councillor Lesley Hinds of City of Edinburgh Council and Edible Edinburgh, prepared for the Food for Life Scotland and Sustainable Food Cities event in Edinburgh on 6 November 2015. Copyright Edible Edinburgh.
Show Me The Money - The Ying and Yang of Entrepreneurial FinanceJohn Landry
Presentation of 12-time CTO/Entrepreneur and Entrepreneur-in-Residence John Landry (https://www.linkedin.com/in/leaddogvc) to Babson College Alumni and Students on the ins-and-outs of financing (or bootstrapping!) entrepreneurial ventures.
Created: 4/17/19 - Landry Babson Speaker Series #4
Basic business advice for those converting part time gigs into "real" business ventures. Slides are a little wordier than usual; the Podcamp Philly Version will be a little more streamlined.
Summary slides from the SCORE Chapter 686, Holland, MI Small Business Symposium Workshop, held March 2, 2015 at the Herrick District Library, 300 S. River Ave., Holland, MI 49423.
Secrets of Successful Property Management CompaniesAppFolio
With our co-hosts, Grace Hill and IREM, we hosted a fantastic webinar titled: “Secrets Of Successful Property Management Companies” Featuring David Meit, President and CEO of Oculus Realty, LLC. David is a fantastic speaker and shares real world examples from his experience as the CEO of a rapidly growing, successful property management business.
How do you figure out how much money you need, and when? We’ll look at a case study and talk P&L to help you determine the right market for your product and which funding source is most appropriate to maximize the exit for your company.
Franklin County Entrepreneur Express #3 Presentation, May 12, 2010Sandy Ratliff
The Virginia Department of Business Assistance partnered with the Franklin County Chamber of Commerce, West Piedmont Business Development Center, the Franklin Center and Longwood Small Business Development Center to conduct a workshop focused on steps to starting and growing a business in Virginia.
These slides were used by business students to describe their internship experiences. Presenters included Amy Vaughan, Manuel Miranda-Cortez, Jeremy Johnson, Bret Mueller, and Jerrick Sigg.
Bootstrapping and Alternative Sources of Funding - Entrepreneurship 101 (2013...MaRS Discovery District
“Bootstrapping” is the act of building your business using your own funds and revenue from customers, instead of raising money from outsiders such as angel investors and venture capitalists. Most start-up companies use bootstrapping, or alternative sources of funding such as crowdfunding, to build their ventures.
This discussion explains how you can pull your company up by its bootstraps.
A great presentation for anyone thinking about starting a business, you'll learn about trends, discover some great businesses to launch and find out how to differentiate your business in the marketplace.
2. Legal & Ethics –BE AWARE
• Law’s and Regulations: Even small businesses
must follow state and federal labor laws.
• Safety Issues: Managers need to know all Safety
issues in order to be compliant
• Legal Liability: Liability insurance is essential
• Image Problems:When employees act
unethically, you can damage your business
3. Data Record Security/Protection
• Securely keeping data safe is IMPORTANT
• Credit Card information from Customers
can be stolen by employees or vendors and
need to be secured
• Securing Employee information is
IMPORTANT for their safety/identity
4. ApplyingTechnology
to Business needs
Times are changing, we need to keep up with the
times:
• Ipads for Cashiers/andCredit Card Readers
• Software specific for Scheduling,
• CompanyWebsites/Social websites/blogs
• Order EntryTouch Screens (POS touch)
• Kitchen Display Screens
• Hand Held Inventory Devices
• Coaster Pages
• AmbianceCreationTechnology: Indoor
temperature, Lighting, music
6. What? How?
• Put yourself out there! Rent a booth at a farmers
Market, Etsy, Craigslist and start creating. Get in
the kitchen and create for every event you are
invited to!
• Be yourself.
• Reach out for support.
• Speak on behalf of your Business
–you are your best salesperson!
• Start a blog.
7. Get Funding?!
• The federal government does not provide grants to
private individuals to start for-profit businesses.
However, there are a few creative ways to receive funding:
• Grants: State, Private, Corporate, Capital,Cooperative.
• Loan Financing
• Angel Investors (Family or Friends-beg, borrow or steal-(well maybe not steal))
• Go Fund Me – Crowd funding website
• Indiegogo –The worlds largest funding platform.
• Kickstarter –The worlds largest funding for creative projects!
8. Small Business Resources
• Austin Chamber of Commerce
www.austinchamber.com
• The State ofTexas www.Texas.gov (“small business” –
search
• Small Business Administration http://www.sba.gov/
• SCORE Mentoring and Education
http://www.score.org/
• B.I.G. Austin (Business Growth Investment)
http://bigaustin.org/ education and loans
• The Incubation Station www.theincubationstation.com
Austin based mentoring program
9. Leadership
• Rarely can entrepreneurs make a company succeed by
themselves. Leadership is the process through which
an entrepreneur is able to influence employees to
achieve their objectives of their dream.
• To be an effective leader, one must:
– Build trust and confidence among employees
– Communicate effectively with them.
10. In Conclusion, 6 Steps to become an
Entrepreneur
1. Self-Motivation & Planning
2. Creativity
3. People Skills
4. Time Management
5. Sales & Marketing
6. Leadership & Finance
Editor's Notes
The federal government does not provide grants to private individuals to start for-profit businesses. You may be able to find private foundation grants or state grants, however, or you may qualify for grants for specific aspects of starting a business. If you are a woman, a disabled person or a member of a minority group, check your eligibility for the federal grants available to such groups for business purposes.State GrantsIn Iowa, the Department of Economic Development provides a grant of up to $50,000 to help small business owned by women. The purpose of the grant is to help business owners leverage bank finance using the grant funding. Business owners with a 10 percent cash investment may be eligible for this funding.Private GrantsThe Amber Foundation conducts private fundraising and awards grants of up to $1,500 to women. The purpose of the funds is to help women open small, home-based business operations, so a bakery operating in the home would be eligible. The Idea Café offers grants of up to $1,000 to entrepreneurs with innovative ideas; in this instance, a bakery business with an unusual offering may qualify for the money.Corporate GrantsSome corporations offer funding for particular communities, for example paper and tissue producer Georgia-Pacific supports projects in the communities where it operates. A grant administered by the corporation funds small businesses that improve the lives of community members, and a bakery business may qualify if it is located in one of these communities.Capital GrantsThe American Recovery and Reinvestment Act of 2009 provides federal grants through the Department of Energy specifically for the installation of eligible types of renewable energy in qualified premises. If you own the premises from which you plan to operate your bakery business, you may obtain grant finance to convert from grid electricity to solar or wind energy for business use. You must intend to begin construction before the end of 2011 to qualify.Cooperative GrantThe U.S. Department of Agriculture offers up to $150,000 to people living in rural communities that incorporate a cooperative or a nonprofit corporation. To be eligible for the funds, the organization must operate a business to the benefit of its members. A bakery business incorporated as a cooperative that is located in a rural area may qualify for funding to develop into a profitable concern that benefits its members.
#1 Self-MotivationThe most important skill any entrepreneur needs is the ability to wake up in the morning and begin working. If you have been 10 minutes late to work everyday for the past five years, most likely that habit will not change if you own your own business. Not only do you need to be able to wake-up, but you also need to be able to begin and end work on time. Many first time entrepreneurs find themselves wasting away their day talking on the phone, filing and developing binders for clients that do not exist. Schedule your day and stick to your schedule. #2 Creativity Every entrepreneur needs to be creative in their product and their business. #3 People Skills. Communication. Ethics and morals are the foundation of every good entrepreneur. Early on you must decide what you and your business will stand for and what lines you will refuse to cross. Many entrepreneurs close their doors because the dollar outshines their morals. If you stray too far from your morals you will give yourself and your business a bad name. No one wants to do business with someone who will not stand up for their own morals.#4 Time ManagementAs mentioned under Self-MotivationSchedule your day and stick to your schedule. This cannot be emphasized enough. New entrepreneurs need to realize that every minute is valuable. When first starting out, most likely you will not have enough “work” to fill an eight hour day. This does not mean that you have time to take a 3 hour lunch with friends. Utilize this time to learn more skills related to your business, find ways to advertise and contact potential clients.#5 SalesNo matter how much you don’t like the idea of it, every business has to work with sales. Each industry and business has a unique way of handling their sales. As an entrepreneur, it is your job to figure out what type of sales you prefer and what type is best for your services or products. If you have ever worked in retail sales or advertising you already have an edge on most other hopeful business people. All entrepreneurs will benefit from sales seminars, books and motivational programs.#6 FinanceWhen in business, knowledge of finance is a must. Knowing how to balance a checkbook and keep track of numbered invoices is all most small businesses need to start out. The most important aspect of small business finance is scheduling time specifically for your finance management and doing it. Granted it helps to have an accounting degree or extensive QuickBooks knowledge but these skills are not mandatory.Possessing or nurturing these skills before going into business will help ensure a successful outcome. So long as you have an excellent salable idea and these six entrepreneurial skills, nothing can stop you from doing your best.