Small Business Majority recently participated in the 2018 POSiBLE L.A. Entrepreneur Summit, a curated bilingual event dedicated to Angelino entrepreneurs and sponsored by Univision. California Deputy Director and National Hispanic Outreach Manager Xiomara Peña moderated a panel entitled, “La receta del éxito para restaurants” or “The recipe to success in the restaurants industry." This panel explored how business owners in the restaurant industry can secure financing and thrive. The interactive dialogue provided a wealth of knowledge about starting a business in the local restaurant industry. Read on for a recap of this event and to learn more about launching a successful restaurant business.
Armed with a cosmetology license, two bachelor’s degrees and a love for organic hair care, Mariatu “Tu” Browne is on a mission to unlock the natural beauty of every client she encounters. She discovered her passion for hair at the early age of nine while braiding hair for her friends and family in her native home in Sierra Leone.
Elizabeth James has a soft spot for small businesses.
“I understand that the small businesses of this country are not only a place to work, but are the culmination of someone's dreams and aspirations,” she says. Elizabeth’s family owned businesses and she attended University of California’s School of Business, so starting her own company seemed like a no-brainer. After garnering a unique expertise in tax and controller services, Elizabeth decided to open up her own bookkeeping and tax prep firm, Rincon Controller and Tax Services, Inc., in 2012 in Carpinteria, Calif.
Elizabeth says, “I realized that small businesses need the services and guidance that are available to larger companies, but often beyond small business' pocket books. Tax and controller services in particular are typically exclusive corporations, and I wanted to change that.”
How did Stepheni Norton, a military veteran, go from active duty, to farmer, to successful entrepreneur over the course of just six years?
In February 2012, Stepheni and her husband Mike, who is also a military veteran, purchased the Wallace D. Dickinson homestead in National City, Calif. When they bought the property, Stepheni was preparing for a 10-month deployment, and after a seemingly harmless tick bite, she was unknowingly experiencing the early symptoms of Lyme disease. After being left untreated for two and a half years, Stepheni was finally diagnosed in 2014.
National Small Business Week, which began on Sunday, April 29 and runs through Saturday, May 5, is a time to highlight the role small businesses play in our economy. Small businesses represent 99% of all employer firms and account for half of our nation’s jobs and economic output. Innovation by small businesses spurs growth throughout the entire economy and boosts prosperity in their local communities, and NSBW is an important time to celebrate these contributions. It’s also an important time to consider policies that can help facilitate entrepreneurial activity year-round.
A few years ago, Rachel Bernier-Green was looking for an outlet from the stress of her intense job at a multinational accounting firm and discovered a passion for baking. It didn’t take long before friends and family were encouraging her to sell her baked goods to the masses. Rachel founded ‘Laine’s Bake Shop, LLC in 2013 using a shared kitchen space, working on the side to get her business off the ground. After a few years of baking part-time, Rachel decided to finally quit her job and start a bake shop full-time with her husband Jaryd.
April is often associated with spring cleaning and reorganizing, which means you finally made the time go through that overflowing junk drawer or to organize last year’s financial statements for the tax filing deadline. But when it comes to your finances, you can use this time to do more than just file your tax return documents thanks to the resources provided as part of National Financial Literacy Month.
If not for his love of music, Lloyd Smith wouldn’t have a successful business selling neuroscience research equipment.
Candace Combs is a spa owner on a mission, working to heal her customers and make massage more accessible to her community.
“What we do isn’t designed just to relax you, but to physically help you,” Candace said. “People need massage in their lives.”
Throughout Women’s History Month, we celebrate the economic, social and political contributions that women make to our world. Women account for roughly half of the American workforce, attain higher levels of education than men and are an increasing share of primary or solo breadwinners. There is no doubt that for America to thrive, we must promote the economic empowerment of women. Central to women’s economic success is women’s entrepreneurship, which contributes significantly to overall economic growth and prosperity.
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