Congratulations to Oshalla on obtaining a Kiva loan for Pure Earth Beauty!
A loan of $5,000 was funded on this June to help Oshalla develop grow her beauty business!
To read more about Oshalla’s, please visit: http://www.kiva.org/lend/568106
On 18th June, Working Solutions will co-host a workshop about Alternative Financing with Hanson Bridgett LLP at 425 Market St, San Francisco.
The workshop will introduce DPO (Direct Public Offering), an alternative way to finance your business. DPO is different from bank loan, nonprofit loan or other type of debt.
We will have four speakers giving presentations on varied topics to give audiences a clear picture about this alternative financing way. Jenny Kassan, the Founder of Cutting Edge Capital will speak about Investment crowd-funding. Daniela Salas from Mission Asset Fund will speak about lending circles. Katie Fitzgeral, the Business Associate from Circle Up will speak about growth stage company crowd funding for consumer and retail product business. Alison Vercruysse, owner of 18 rabbits will present a live case study.
If you are interested to learn more about DPO (Direct Public Offering) or an opportunity to network with your fellow small business entrepreneurs, please join us at this event.
We are more than just personal training. Ascend Body is a San Francisco based holistically inspired private gym. We offer personal training, holistic lifestyle coaching, massage therapy, and an on-going calendar of group workshops. We’re passionate about empowering you to live an active, well-balanced, and joyful life. We are here to guide you toward your goals and dreams through exercise, nutrition,restoration, and positive thinking. We believe that true success in your training program is provided by these foundational cornerstones — each element supporting and enhancing the other.
Ascend Body is a collective of exceptional, like-minded practitioners. We are all C.H.E.K certified professionals, the best the industry offers. Our team brings together multiple disciplines and backgrounds, complementing one another to create a dynamic approach to wellness. We thrive in our commitment to advancing the education, well-being, and quality of life of our clients.
Our beautiful and convenient location hosts a stylish and intimate atmosphere. We offer everything you need for an extraordinary training session; towel service, well-appointed bathroom and shower amenities, organic fruits and nuts, and reverse-osmosis filtered water. We are dedicated to atruly individualized experience aimed to maximize your results in each session.
Founded from the desire to provide a unique and intimately tailored environment, Ascend Body is a place where you’ll be encouraged to explore the benefits of conscious eating, hydration, movement, rest, thinking and breathing.
“I’ve always dreamed of opening my own massage studio, and now I have the chance,” says Rebekah, owner of R and R Therapeutic Massage. “This loan will allow me to expand my services and reach more people.”
At Working Solutions, our mission is to create positive change in our community by providing growth capital and business advising to start-up and existing businesses. We see economic empowerment and education as the ticket to strengthening our local community, creating jobs, and helping individuals to create their own destiny.
Since 2005, Working Solutions has made more than $3.6 million in microloans to 145 businesses. In turn, over 290 jobs have been created. 20 businesses have graduated to conventional financing and over $3.6 million has been leveraged to provide additional capital.
The Office of Small Business, in partnership with Mayor Lee, the Office of Economic and Workforce Development and the Department of Technology, is excited to announce the launch of License 123, an easy-to-use, free online tool that helps new businesses navigate the City’s permitting and licensing requirements. License 123 allows entrepreneurs and small business owners to access permits and licenses on one convenient site, instead of contacting several City agencies, as they open a new business in San Francisco.
Links to License 123 are on the SFGov.org home page and the “Business” tab on the top of the page. License 123 is also accessible through 311 and the Office of Small Business’ website. We would like to encourage your organization to help us spread the word about this useful tool through links on your website and announcements to your mailing list. Our intent is to not only provide a better experience to potential business owners in San Francisco but also be a resource for any questions or interactions that your organization and staff may receive from your clients regarding starting a business. License 123 can be translated into Spanish and Traditional Chinese with the Google Translate button located on the site.
The suggested text with the hyperlink for your website and announcements is “License 123 – Find Out Which Permits & Licenses Your Business Needs” ( http://sfgsa.org/index.aspx?page=6020 )
In addition to License 123, your clients can still receive customized, one-on-one assistance from the Office of Small. Services are available by phone, walk-in, and by appointment, M-F, 8am-5pm, at City Hall, Room 110. To schedule an appointment, please call 415-554-6134, or email, email@example.com. All services are available in English, Mandarin, Cantonese, and Spanish.
Ryan Farr and his wife, Cesalee, founded 4505 Meats in January of 2009. While working as a classically trained chef and heading a Michelin Star restaurant, Ryan developed his artisan butchery techniques and created unique ways of expressing his love for all things meaty. Ryan’s experience and voracious appetite are an ideal complement to Cesalee’s creativity, style, and overall vision for the company.
4505 Meats is a sustainable meat and food company that specializes in locally sourced, pasture-raised animals from small family farms. One of their main objectives is to revive a dying craft of whole animal butchery. This is important because it ensures the livelihood and income of craftsmen and small farms alike. They work with a variety of animals, including beef, pork, lamb, chicken, and duck. In addition to these protein sources, they have several relationships with vegetable and fruit farmers. Being able to work directly with farmers ensures that they are sourcing ingredients that were humanely raised in natural settings. Similarly, they now teach a variety of classes, operate at the Farmer’s Market, and produce fresh, handmade artisan products for local businesses and restaurants. Our growing vision will remain aligned with these ideals.
This morning marked our last Access to Capital installment of 2012 – Business Valuation 101. We were joined by Chris Andersen, PCV Advisor and owner of Atlas Capital Strategies, Ariel Jaduszliwer of Pacific Community Management and Michelene Moayedi from Parties That Cook. Chris and Ariel spoke about the valuation process – tips, things to remember and things to avoid – and Michelene shared Parties That Cook’s experience with going through valuation, a process that was at once helpful and a headache. Below are some general valuation themes uncovered in this morning’s meeting. Please contact me at firstname.lastname@example.org you have any questions at all.
Types of buyers
1.) Strategic Acquirers (companies looking to expand)
2.) Financial Acquirers (private equity, wealthy individuals)
Questions to ask before beginning valuation:
1.) Financial: How much do you need in order to meet personal financial goals?
2.) Role: What role do you want after valuation (sit on board, leave company, etc.)?
3.) Management/Employees: What do you want the management and employees to achieve through valuation? What is most important – employee pay bonuses, long-term careers, etc.?
4.) Company: What do you want the company to look like at the end of the process? Is it a surviving brand, a family business or simply a sale?
What you can do right:
1.) Identify likely investor/buyer segments
2.) Align business and investor/buyer goals
3.) Determine value drivers for your specific industry and drive performance
What you could do wrong:
1.) Don’t get distracted and/or complacent and lose focus on business. Performance must stay consistently good to close any deal.
2.) Allow avoidable negative surprises to pop up, which will inevitably lead to loss of credibility.
3.) Simply wanting the process to be over, accepting deals that aren’t the right fit out of frustration or exhaustion.
Thank you all for joining us at our Annual Holiday Gift Fair on Thursday, November 29th, 2012! We hope you had a great time. Check out below the fantastic entrepreneurs who were showcased this year. Continue your local holiday shopping by clicking on any of the photos below.
The Financial Women’s Association has selected Barbara Morrison, Founder and President of TMC Financing, as the 2012 Financial Woman of the Year. This award recognizes Morrison for her decades of leadership and significant contributions during her career in small business financing. TMC Financing is a leading Certified Development Company (CDC) providing SBA 504 commercial real estate financing in California and Nevada. Barbara also founded and has served as the Board President of Working Solutions.
“We are honored to have Barbara represent our organization as Financial Woman of the Year,” said FWA President Erin McCune. “For over three decades she has lived out our theme of ‘Lead. Mentor. Inspire.’ by demonstrating intense commitment to developing small businesses, supporting the local economy through job growth, guiding future leaders, and creating environments and opportunities where women can excel.”
“This award is especially meaningful to me,” exclaims Morrison. “I believe the FWA is recognizing a body of work that is particularly important today – providing access to capital for growing small businesses, and promoting job creation and economic recovery.”
Presentation of Morrison’s award will take place at The Financial Woman of the Year Luncheon to be held on October 2, 2012 at the Hyatt Regency, San Francisco. This award luncheon directly supports the FWA’s Scholarship Fund. Since 1985, the Fund has awarded over $1,750,000 in scholarship grants to more than 200 Bay Area women who show promise as future financial leaders.
2012 Sponsors of the FWA Financial Woman of the Year luncheon to-date include Charles Schwab, KPMG LLP, Lenos Software, John Crane Films, SF Business Times, Ireland Productions, KLM Marketing Services, Advent Software, BlackRock, Grant Thornton, Rina Accountancy Corporation, and Robert Half.
Check out the inspiring video of this year’s FWA Scholarship recipients: