Crowdfunding

More than just a market: LA small business grows strong roots in community

When Andrew McDowell set out to open his small business, he wanted to address a prominent issue he was seeing in his community—food deserts.

South Los Angeles is riddled with food deserts, meaning that many neighborhoods do not have access to healthy, affordable food within a reasonable distance from their homes, leading to high rates of diabetes and other health problems. 

California Small Business Summit Offered New Resources to Local Entrepreneurs

In 2015, Kristine de la Cruz, owner of Crème Caramel LA and co-owner of Frankie Lucy Bakeshop in Los Angeles, traveled to Washington D.C., to participate in one of Small Business Majority’s policy-focused events. Four years later de la Cruz joined us again–a little closer to home–for the “California Small Business Summit: Building Local Economies” to learn how she can expand her businesses. She wasn’t disappointed.

Encontrar el éxito del crowdfunding con el apoyo de la comunidad

Kateri Gutierrez cofundadora de Collective Avenue Coffee en Lynwood en 2016, con grandes sueños de lo que el negocio podría hacer por su comunidad. A medida que su negocio creció, este compromiso con la comunidad se ha convertido en la base de Collective Avenue Coffee, desde su estructura empresarial hasta su misión e incluso cómo ha financiado su crecimiento.

Finding Crowdfunding Success with the Support of Community

Kateri Gutierrez co-founded Collective Avenue Coffee in Lynwood in 2016 with big dreams of what the business could do for her community. As her business has grown, this commitment to community has become the foundation of Collective Avenue Coffee, from it business structure to its mission and even how its funded its growth.

Latina Small Business Owners Share Success Stories at 2018 POSiBLE L.A. Entrepreneur Summit

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.

Financing tips for women entrepreneurs

Women-led small businesses have a tremendously positive impact not only within their own communities, but across the small business landscape nationwide.

Even so, many obstacles remain, particularly in the area of financing. Because adequate capitalization is vital in operating and growing a company, this is a challenge which must be faced head-on for the business to succeed.

Fortunately, there are a number of steps women entrepreneurs can take to address this issue and help ensure that it doesn't become a stumbling block.

The promise and perils of online lending

Small Business Majority CEO, John Arensmeyer

By all accounts, our economy is continuing on a path of recovery in the aftermath of the recession. And while this should signal good times ahead for our nation’s small businesses, entrepreneurs are still struggling to get what they need most to grow and thrive: access to traditional loans and more reasonable terms on alternative lending.

What Small Business Owners Should Know About Access to Capital

There are many complex policy issues that have a major impact on the small business community. Each week, we’re going to help break one of those issues down so small business owners can stay in the know and remain aware of their stake in these national issues. This week’s Issue Q&A is on access to capital.