SEEfunds™ Business Development, LLC's Newsletter

How to Guesstimate Your Starting Costs

February 8, 2015

How to Guesstimate Your Starting CostsBy Tim Berry, Guest Blogger Published: January 27, 2015Updated: January 28, 2015How much will it take to start that new business you’re thinking of? Use these simple steps to develop a good estimate. You don’t get to know for sure, but if you have the discipline to break things into meaningful pieces, and then research each of the pieces, you’ll have a good idea.Starting costs for any new business are a matter of two simple lists. The first is expenses.Step 1: List Expected ExpensesSome common startup expenses are always associated with starting up. For example, legal expenses related to setting up the company, or expenses for fixing up a location, designing a logo, signage and so forth.Other expenses are normal running expenses, like rent and payroll, which take place before launch. Lots of startups need to rent the location and pay some employees before they launch. While these are the same as running expenses later, they belong...

Who Really Creates the Jobs?

June 30, 2014

Who Really Creates the Jobs? BY Bo Burlingham  @boburlingham Here's the truth about employment growth--and how the government can stop hindering it and start helping.                            Who Really Creates the Jobs? Big Business VS Small Business VS Government...Every four years about this time, political pandering reaches a crescendo, and this year no constituency has been pandered to more than small business. As different as the two candidates’ economic philosophies may be, both President Barack Obama and former Governor Mitt Romney agree that job creation is one of the central issues of the campaign, that small businesses are the biggest job creators, and that federal policy should be geared toward helping them. “They are the anchors of our main streets,” says the President in a video on his campaign website, which notes that small businesses are responsible for two out of every three new jobs in the United States. “Small business, entrepreneurs and...

Marketing: A Changing Environment

June 17, 2014

Jack Welch May 2014 Marketing: A Changing EnvironmentOne thing that is constant in business is "change." This axiom certainly applies to the marketing efforts of any business. Read more...Do All Employees Have To Work At The Place Of The Business?We are living in an age where state of the art technology and the Internet have made the world increasingly smaller, so it is easier and cost effective to have remote employees.. Read more...Hire A Consultant When The Time Is RightYou’re a small business owner. You have expertise in the product or service you’re selling. Your business might be growing, declining, or remaining stable. What's the next...

Difference between Cash Flow and Working Capital

June 8, 2014

Difference Between Cash Flow And Working Capital Businesses should analyze working capital in relation to cash flow. By Hunkar Ozyasar, Demand MediaLink: http://smallbusiness.chron.com/difference-between-cash-flow-working-capital-40962.html Cash flow and working capital represent two critical measures of a company's ability to meet its financial obligations. Many companies generate a significant amount of profit, but insufficient cash. By analyzing cash flow and working capital, an owner can determine whether his small business is likely to face difficulties in paying upcoming bills. Cash Flow Cash flow refers to the amount of cash the company generates within a specific period of time. Cash flow is almost never equal to net profit as companies tend to sell on credit and borrow money. Furthermore, the cash generated through sales can be reinvested into the business or other assets, such as real estate, stocks and bonds. Therefore, the accountant cannot simply compare the...

Want to help someone? Shut up and listen!

May 17, 2014

Want to help someone? Shut up and listen! http://www.ted.com/talks/ernesto_sirolli_want_to_help_someone_shut_up_and_listen SEEgrowth™ notes that Ernest Sirolli makes a very strong argument about us.  He describes our western culture to the point and how we view the world.  He highlights our good intentions and our dreams to create green technologies.  Sirolli said, if we want to make a difference... If we really want to help!  Shut up and listen!  Ernest Sirolli: "What we have to look at is at how we feed, cure, educate, transport, communicate for seven billion people in a sustainable way. The technologies do not exist to do that. Who is going to invent the technology for the green revolution? Universities? Forget about it! Government? Forget about it! It will be entrepreneurs, and they're doing it now." When most well-intentioned aid workers hear of a problem they think they can fix, they go to work. This, Ernesto Sirolli suggests, is naïve. In this funny...

Put Your Business Online...Simply: A Guide to Accelerating Your Business online...

May 11, 2014

Put Your Business Online...Simply: A Guide to Accelerating Your Business online...​I would like to give you a quick review of this fast read eBook called: Put Your Business Online...Simply: A Guide to Accelerating Your Business online... The authors must of organized this book around me and my business, helping me to relate to marketing in an online world. This eBook offers me a simple education about the internet community and… this is very important, the ability to see and understand business behavior on an online world. This incite brought me up to speed making my business more productive in this fast moving environment. Yes, this eBook helped me connect with the online world of business, faster.  Go to AMAZON.COM to purchase your copy. 

Hello, Do You Have a Business Dream?

May 9, 2014

Hello, Do You Have a Business Dream?In or out of a tough economy you need your startup to work. SEEfunds by Monocle will help you test your business dream before you go to the banker or the investor. It's your dream. Let Monocle streamline the financial portion of your business plan. It's expert guidance for the startup entrepreneur. Monocle is a simple application that helps you create and understand the financial information involved in starting a new business. From rent to labor costs to revenue projections, Monocle helps you gather the information you need to realistically answer your biggest question: Can this business succeed?FEE $65 Available Online ANYTIME!Welcome to SEEfunds™ by Monocle, The Web based application designed with the startup entrepreneur in mind! Click here…

Introduction to Entrepreneurship

May 9, 2014

Introduction to Entrepreneurship The big plan, Your business plan, your business idea, your dream Next class is  scheduled start June 12, 2014.    Virtual classes available call for schedules: Thu., 6 pm—8 pm Instructor: Dominic Orsini SF-CIED 530 W. University Ave., Rm. DB-120 BUS0942.CT4 Introduction Jun. 12 Session 1 - $30BUS0975.BT5 Concept Kickstart Jun. 26 Session 2 - $30BUS0976.BT6 Business Basics Jul. 10 Session 3 - $30BUS0937.BT7 Market Analysis Jul. 24 Session 4 - $30BUS0936.BT8 Marketing Strategies Aug. 14 Session 5 - $30BUS0951.0T4 Basic Numbers Part I Aug. 28 Session 6 - $30   You can develop your business plan with SEEgrowth™ all at once.  I understand, you want a hybrid training approach --- a combination of street learning and school training.  This new approach is great, but never mind, you need the formal plan.   You’ve been asked for it by somebody who might invest, or a bank loan manager, or a boss.  Maybe you’re doing it for a business school...

U.S. businesses are being destroyed faster than they're being created

May 7, 2014

U.S. businesses are being destroyed faster than they’re being created Source Writers: Ian Hathaway (Ennsyte Economics) Robert E. Litan (The Brookings Institution) Matt O'Brien (Washington Post, noted on Wonkblog )   The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978. In the University of Pennsylvania’s 2012 Global Go To Think Tanks Report, Brookings is ranked the most influential think tank in the world.   Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011.   The authors don't mince words about the stakes here: If the decline...

What Business Should I Start?

May 6, 2014

What Business Should I Start?The Santa Fe Center for Innovation & Economic Development (CIED) Entrepreneur Incubator can help you explore opportunities to start a business. This presentation will give you a better understanding of the world of small businesses, and present you with tools to discover what kind of entrepreneur you might be. This topic is designed to help you discover what you might want from your own business and clarify your vision of the role your business could play in your life. Explore and unlock your interest and abilities. Try to awaken the "fire in your belly" to make a difference for yourself and those around you. Learn where other entrepreneurs have found success. Now is the time to discover the best businesses for you, and learn the secrets for turning your idea into success!BUS0974.CT4 Thu., May 8, 1 pm—4 pm Instructor: Dominic OrsiniFREE—MUST PRE-REGISTER SF-CIED 530 W. University Ave., Rm. DB-120 BUS0974.CT5 Thu., Jun. 19, 1 pm—4 pm Instructor:...

Legal Issues Every Entrepreneur Should Know

May 6, 2014

Legal Issues Every Entrepreneur Should KnowBrown Bag Session @LawLunch – During this new, ongoing education series, we will discuss the basic legal issues real entrepreneurs and business operators should know to help them when they form an operate their business.  Attendees are strongly encouraged to participate in the discussions and to bring their “War stories” to all sessions.    Sessions:5/12 Overview of Legal Issues / 6/23 Business Entities and working with CPAs / 8/11 Contracts Mon., May12, Jun.23, Aug.11, 12pm-1pm Instructor: Philip Kabler, Esq. Fee $0 Reserve your seat by contracting Paula Wright at GTEC 352 393-6000 or GTEC@sfcollege.edu. 

Top 20 Reason Startups Fail ( Chubbybrain.com )

May 4, 2014

Top 20 Reasons Startups Fail Based on an Analysis of 32 Startup Failure Post-Mortems Chubbybrain.com previously highlighted the top startup failure post-mortems of all-time here (32 in total) written by a group of startup entrepreneurs gracious enough to share their lessons learned from their startup’s failure.  Many of you read those post-mortems and asked, what are the most common reasons for failure cited across those posts? Well, Cubbygrain.com has done the work, and below start up companies have offered their answers.  After a thorough analysis of those 32 start-up post-mortems, SEEgrowth.org will review and shorten the reasons founders have determined the common reasons they gave to compile this list of the top 20 ways to have your startup fail.  Below, you will see a handy chart to highlight the top 20 reasons for failure followed by an explanation of each reason and relevant examples from the post-mortems. #20 – Start the company at the wrong time Many...

Introduction to Entrepreneurship ( Summer Session )

May 4, 2014

​Introduction To Entrepreneurship ( Summer Session )Have a question, let's talk! 352-494-6011This course is designed for entrepreneurs who are either starting a new business or growing an existing one, and will take students through the process of conceiving, creating, managing, and growing their own business. The course covers the key elements to starting and running a successful business. The goal is to provide a solid background with practical application of important concepts for anybody starting or running a business, regardless of educational background.BUS0942.CT4 Introduction Jun. 12 Session 1 - $30BUS0975.BT5 Concept Kickstart Jun. 26 Session 2 - $30BUS0976.BT6 Business Basics Jul. 10 Session 3 - $30BUS0937.BT7 Market Analysis Jul. 24 Session 4 - $30BUS0936.BT8 Marketing Strategies Aug. 14 Session 5 - $30BUS0951.0T4 Basic Numbers Part I Aug. 28 Session 6 - $30 Thu., 6 pm—8 pm Instructor: Dominic OrsiniContact Tanisha for questions or directions: 352-381-7104 SF-CIED...

Get Ready To Start That Business!

April 30, 2014

Get Ready To Start That Business!The Santa Fe Center for Innovation & Economic Development (CIED) Entrepreneur Incubator is a program designed to accelerate the successful development of entrepreneurial companies. This presentation provides an overview of the array of business support resources and services that have been developed specifically to help new businesses get started and grow. We know that 70% of small businesses are owned and operated by a single person. Come learn why CIED is a great place to start and test your business concept, and hear about some of the sixty (60) businesses that grew through the CIED Entrepreneur Incubator program in its first three years. If you are interested in starting a business, you owe it to yourself to learn what we can do to help.CIED WORKSHOPSCIED Workshops

Hello, Do You Have a Business Dream?

April 30, 2014

Hello, Do You Have a Business Dream?In or out of a tough economy you need your startup to work. Business Fundability Monocle will help you test your business dream before you go to the banker or the investor. It's your dream. Let Monocle streamline the financial portion of your business plan. It's expert guidance for the startup entrepreneur. Monocle is a simple application that helps you create and understand the financial information involved in starting a new business. From rent to labor costs to revenue projections, Monocle helps you gather the information you need to realistically answer your biggest question: Can this business succeed?FEE $65 Available Online ANYTIME! Welcome to SEEfunds™ by Monocle, The Web based application designed with the startup entrepreneur in mind! Click here… Entrepreneurial & Small Business

What Business Should I Start?

April 30, 2014

What Business Should I Start?The Santa Fe Center for Innovation & Economic Development (CIED) Entrepreneur Incubator can help you explore opportunities to start a business. This presentation will give you a better understanding of the world of small businesses, and present you with tools to discover what kind of entrepreneur you might be. This topic is designed to help you discover what you might want from your own business and clarify your vision of the role your business could play in your life. Explore and unlock your interest and abilities. Try to awaken the "fire in your belly" to make a difference for yourself and those around you. Learn where other entrepreneurs have found success. Now is the time to discover the best businesses for you, and learn the secrets for turning your idea into success!CIED WORKSHOPSCIED WorkshopsBUS0974.CT4 Thu., May 8, 1 pm—4 pm Instructor: Dominic OrsiniFREE—MUST PRE-REGISTER SF-CIED 530 W. University Ave., Rm. DB-120 BUS0974.CT5 Thu., Jun....

Creating a Foundation for Change in your Business

April 9, 2014

Profit Mastery Module #1: Introduction: Creating a Foundation for ChangeIn this introductory presentation, participants learn the primary causes of business failures/underperformance and how to avoid them. Understanding the importance of monitoring financial position is stressed, along with an action plan for achieving and maintaining the key steps to “fiscal fitness.”At the conclusion of Introduction: Creating a Foundation for Change, attendees will be able to: Identify the seven components of a complete “Fiscal Physical” Understand the interrelationships in the Financial Operating CycleKnow the primary uses for net profits in a business