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Welcome the Economic Community Partnership
About the Economic Community Partnership PDF Print E-mail
Written by Danny Vargas   
Wednesday, 11 October 2006 00:42

The Economic Community Partnership (ECP) is a network of agencies dedicated to promoting economic growth through small business development and expansion.

ECP exists to promote cooperation, accountability and comprehensive business development services in South Florida.

 

  •  Cooperation is achieved through group events, trainings and quality referrals.
  • Accountability to industry best practices ensures funds are efficiently used, clients receive quality service and new projects can be built on a foundation of trust.
  • Comprehensive business development services guarantees that al entrepreneurs have access to quality technical assistance, opportunities to bargain collectively and funding to meet their growth needs.

 

Last Updated ( Tuesday, 15 April 2008 13:46 )
 
Start-Up Financing PDF Print E-mail
Written by Danny Vargas   
Friday, 11 April 2008 05:16

The credit crunch that began with mortgages has now spread to consumer loans and small business financing. Banks have tightened their lending criteria and business owners will need to look elsewhere for financing. This shouldn't be a surprise to readers of this column because I've often complained that banks tend to ignore startups even during normal market circumstance. The credit crunch has resulted in rising defaults for revolving credit in addition to mortgages; this could translate into higher fees and tougher underwriting standards if you plan to finance your business with credit card debt or home equity lines of credit. It's time to look for alternatives.

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An Introduction to Business Plans PDF Print E-mail
Written by Danny Vargas   
Friday, 11 April 2008 05:07
A business plan is a written description of your business's future. That's all there is to it--a document that desribes what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.

Business plans can help perform a number of tasks for those who write and read them. They're used by investment-seeking entrepreneurs to convey their vision to potential investors. They may also be used by firms that are trying to attract key employees, prospect for new business, deal with suppliers or simply to understand how to manage their companies better.

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Start-Up Legal Questions PDF Print E-mail
Written by Danny Vargas   
Friday, 11 April 2008 05:13

Let's take a brief look at some common legal startup questions:

  • What's a DBA? "DBA" stands for "doing business as," and it's is just another name for your business. Sometimes people want to use different corporate and business names. For example, "Jones Inc." could be the corporate name, with "Bob Jones Landscaping" as the business name. In this case, you would see it described in a legal context as "Jones Inc. doing business as Bob Jones Landscaping."

    A reader recently wrote this to me: "My wife incorporated a multimedia business three years ago, and I am starting a voice-over business. Is it more beneficial for me to open as a sole proprietorship or to operate within her multimedia business?"

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How to Research Your Business Idea PDF Print E-mail
Written by Danny Vargas   
Friday, 11 April 2008 05:00

Your brilliant idea may indeed be brilliant--or it may need some work. Here's how to find out whether you're ready for startup.

Somewhere between scribbling your idea on a cocktail napkin and actually starting a business, there's a process you need to carry out that essentially determines either your success or failure in business. Oftentimes, would-be entrepreneurs get so excited about their "epiphanies"-the moments when they imagine the possibilities of a given idea-that they forget to find out whether that idea is viable.

Of course, sometimes the idea works anyway, in spite of a lack of market research. Unfortunately, other times, the idea crashes and burns, halting a business in its tracks. We'd like to help you avoid the latter. This how to on researching your business idea is just what you need to keep your business goals on track.

Last Updated ( Friday, 11 April 2008 05:05 )
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