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Chicago small businesses need better lending options

It’s difficult for most small businesses to obtain a loan. Just ask Margo Strotter, owner of Ain’t She Sweet Cafe, which now has two locations–one in Bronzeville and one in Beverly. 

When Margo was starting out she was her own bank, but she knew that wasn’t a long-term solution to her capital needs so she eventually sought help from traditional lenders. Unfortunately, those institutions were either unwilling or unable to help Margo.

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Event consultant planning for worst-case scenario if ACA is repealed

Sue McDonald is the owner of MP Global Corporation, a full service meeting management company in Niles, Illinois that helps clients execute an event from start to finish. MP Global opened its doors in 2001 and Sue’s husband followed her lead soon after, starting his own business in 2006. However, since the U.S.

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Chicago entrepreneur, lawyer, and three-time cancer survivor pleads the case for the ACA

Maricar Tinio is an example of the quintessential entrepreneur. In addition to having over fifteen years of experience in the legal industry, she is a three-time cancer survivor who has started and co-owned several businesses. Her most recent venture is Mardavis Group, Inc., a legal recruiting firm in Chicago that she launched just last year. But unfortunately her new business may come to a standstill if the Affordable Care Act (ACA) is repealed.

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ACA repeal could mean a 9-5 gig for this Chicago freelancer

Karin McKie’s extensive resume reads writer, actor, publicist, educator and arts administrator—a true renaissance woman. But one of her proudest titles is small business owner. Karin’s business, Tree Falls Productions, based in Chicago, has been open since the early 1990s and provides a variety of services related to Karin’s creative expertise, primarily for non-profit art organizations and theatres.

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A new retirement plan for small businesses in Illinois

For small business owners, setting up an employer-sponsored retirement plan can be complicated and expensive. Too many small businesses don’t have the resources to create a formal retirement plan, which means entrepreneurs and their employees frequently struggle to plan for retirement. Nearly 80 percent of employees who work for a small business don’t have access to an employer-sponsored retirement plan.

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Helping the helpers: How solutions 110 provides businesses with tools to succeed

Missy Williams spent the first 20 years of her career in the mental health field as a direct care provider, program manager, counselor and executive manager. As a mental health provider, she learned how stressful it could be to take care of patients and run a successful business – and she wanted to share her experiences with others in her field to help them tackle these problems. A few years after obtaining her M.A.

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Suite Spotte: A coworking space for entrepreneurs

For many micropreneurs or self-employed freelancers, working at home can be isolating. While home offices have plenty of perks, they don’t provide opportunities to interact with others and they can be full of distractions.

Sue Reardon set out to solve this problem with the creation of Suite Spotte, a coworking space in La Grange, IL dedicated to helping entrepreneurs thrive. Suite Spotte is a welcoming and energetic space that’s not just great for getting work done – it also provides a community of collaborative and ambitious entrepreneurs.

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Testing 1-2-3: Next Step Test Prep offers alternative exam tutoring

John Rood was always a natural test-taker. What dawned on him, though, while training to teach giant prep courses for graduate level exams is that this model of tutoring lacked the detail to help the average student.

Thus came the idea for Next Step Test Prep, an alternative test preparation small business that focuses on individual, one-on-one tutoring for each student. Rood found that his experience with the one-on-one format was “extremely effective.”

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