Understanding Basic Financial Statements & Useful Calculations
Understanding Basic Financial Statements & Useful Calculations This workshop will focus on financial statements for the entrepreneur and how to determine the minimum daily earnings to meet their sales projections and turn a profit. We will cover budgeting, Cash Flow Statements, Profit & Loss Statements, and why the Balance Sheet is important. During the workshop, we will discuss several financial calculations that are helpful to business owners. The date of this webinar is Tuesday, 4/19 Time: 2:00 - 3:30 The link to register is: https://www.eventbrite.com/e/304161303647
KIVA Loan Program
KIVA Loan Program - The Department of Small Business & Supplier Diversity in collaboration with the Metropolitan Business League (MBL) is pleased to offer this webinar. The Virginia Department of Small Business & Supplier Diversity in collaboration with the Metropolitan Business League (MBL) is pleased to offer this webinar on the KIVA Loan Program. The KIVA Loan Program is designed for small businesses seeking to build their borrowing potential. KIVA doesn't require: High credit scores Collateral Audited business financials Terms of the loans are: Range in size from $1,000 - $15,000 0% Interest Repayment terms ranging from 12 Months - 36 Months The date of this webinar is Thursday, 4/28 Time: 9:30 - 11:00 The link to register is: https://www.eventbrite.com/e/304719874347
Economic Equity Fund
Economic Equity Fund – Virginia Community Capital - The Department of Small Business & Supplier Diversity in collaboration with Virginia Community Capital is pleased to offer this webinar. The Economic Equity Fund is a $10 million loan fund that provides low-cost financing for small business owners who are women and/or Black, Indigenous, or People of Color (BIPOC) and were disproportionately affected by the economic impact of the pandemic. The date of this webinar is Thursday, 4/27 Time: 10:00 - 11:00 The link to register is: https://www.eventbrite.com/e/303214922997
Access To Capital for the Underserved
Access To Capital For the Underserved - The Virginia Department of Small Business & Supplier Diversity (SBSD) in collaboration with Peoples Advantage Federal Credit Union is pleased to offer this webinar. Too many small businesses are unable to access needed capital due to a variety of reasons. Peoples Advantage Federal Credit Union has products designed specifically for this audience (whether it's direct loans, credit repair, etc.). The date of this webinar is Monday, 4/25 Time: 10:00 - 11:30 The link to register is: https://www.eventbrite.com/e/304839431947
Quickbook Basics - Some business owners feel that accounting is the dull, boring side of their business. As long as they’re “making money” and have Quickbooks as their accounting tool, they can avoid dealing with the numbers. That’s simply not true! You have probably heard the adage, “If you don’t put the right ingredients in, the soup won’t turn out right”. The same applies to Quickbooks; if the information is not set up and entered correctly, the information you get out will NOT be as good as it should be. The date of this webinar is Friday, 4/22 Time: 2:00 - 3:30 The link to register is: https://www.eventbrite.com/e/303167089927
Small Business Lending 101
Small Business Lending 101 – Are You Ready? - The Virginia Department of Small Business & Supplier Diversity (SBSD) is pleased to offer this webinar. Access to capital is one of the major obstacles facing the small business owner. Requests from the small business community for business loans are often denied due to issues that can be avoided or fixed prior to applying. However, lack of knowledge results in too many businesses being forced to “close their doors”. This webinar will provide insight into what the banking industry is looking for when evaluating your business loan application. Knowledge you gain from this webinar will help position your company in the best possible light to make sure you answer, “YES” to the question "Are you ready for that business loan? The date of this webinar is Thursday, 4/21 Time: 10:00 - 11:30 The link to register is:https://www.eventbrite.com/e/3030 79808867
Tax Tips for Home Based Business
Tax Tips For Your Home Based Business - The Virginia Department of Small Business & Supplier Diversity (SBSD) in collaboration with the Internal Revenue Service (IRS) is pleased to offer this webinar to help keep you and your business out of trouble. You also want to make sure that you take full advantage of all of the tax savings you are entitled to. Get your information from the experts at the IRS. The date of this webinar is Thursday, 4/14 Time: 10:00 - 11:30 The link to register is: https://www.eventbrite.com/e/303039006827
NVBCC Member News- Dr. Rosemary Ahanor
Dentist Launches New Practice From Scratch Amid Pandemic Dr. Rosemary Ahanor opened Aglow Dental Studio in Reston right in the middle of the pandemic.
NVBCC Member News-Derek Russell
Early Adoption Of Teletherapy Helps Wellness Center Amid Pandemic Mindstate Wellness Center, a mental health and cognitive performance center, has navigated challenges and grown during the pandemic.
NVBCC Member News-Ed Williams
Fairfax Businessman Enjoys Helping People Find Financial Security
Community Business Partnership
At CBP’s Business Finance Center, we make a difference in people’s lives by lending to promising small businesses that are unable to secure financing through traditional means. Our goal: to help small businesses become credit worthy so that they can create sustainable income and jobs. Our target markets are traditionally underserved Black, Latino, and Asian small businesses as well as low income communities. We not only provide financing but we also share knowledge though the Community Business Partnership family of business assistance providers. We require lending clients to attend informative webinars and regular counseling sessions to help them become even better business owners. Check out our loan programs below to learn more about how we can help your business and community!
Black entrepreneurs, especially women, face extra challenges. NVBCC members share their experience , development and growth.
Bridging The Gap
NVBCC Members and Executive Director share experiences in regard to black business during the pandemic.
Resources for Businesses, Entrepreneurs and Nonprofits
The library provides FREE ACCESS to the wide range of information resources that will help you create or grow a successful business or nonprofit in Fairfax County. This guide will direct you to the information resources you can use to: Start and run a small business or a nonprofit organization Do company, industry or market research using e-resources provided by the library Find your next read that will help you get new ideas and know-how for your business. THIS GUIDE IS INTENDED FOR Everyone working in private sector, especially small and medium-size businesses Entrepreneurs or anyone thinking about starting or running a business or a nonprofit Nonprofit organizations
Build Back – Dream Forward: Strengthening Minority-Owned Businesses in Northern Virginia.
Northern Virginia is home to approximately 128,000 minority-owned businesses, over 40 percent of all establishments operating in the region. As all businesses work to rebuild after the recent pandemic, this community of business owners will face a number of unique challenges. What do they need, why do they need it, and how can we help them? A cross-sector collaboration of seven local organizations recently emerged to address these very questions, forming the Northern Virginia Minority-Owned Businesses Working Group. Their upcoming report offers key findings and concrete recommendations for an equitable recovery across our region.
Dominion Energy Share Grant
Dominion Energy is partnering with the Virginia Chamber of Commerce Foundation to temporarily expand its EnergyShare program to assist those small businesses impacted by the COVID-19 pandemic. Dominion Energy Virginia is pledging $500,000 to help provide energy bill relief for small businesses, nonprofits, and houses of worship in its Virginia service territory. The program funding will be covered by shareholders and will not impact customer rates. Qualified businesses may be eligible for one-time assistance with their Dominion Energy electric bill up to $1,000.
Northern Virginia Economic Development Alliance
Members of NOVA EDA have compiled a list of COVID-19 resources from each jurisdiction. Visit our Resources for this and more.
Created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream. The SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.