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Your Next EventNAWRB is listed as a women-owned business resource for the SBA.
Check It OutOver $36.5 billion a year is lost annually in the U.S.
Prevent Financial Abuse
Life often presents us
with unplanned disruptions.
A women’s depository for vendors & clients to grow their diverse spend & increase women’s employment at all levels within the housing ecosystem.
The House of Representatives has passed legislation making it easier for entrepreneurs to access capital from their friends and family. With the Micro Offering Safe Harbor Act, private businesses would be able to seek community-based financing of up to $500,000 a year for the purpose of hiring new workers and expanding their business.
As a professional in the housing ecosystem, it is crucial to think outside the box and utilize the resources at your disposal to grow and advance your business and career. Analyzing your market, familiarizing yourself with the competition and crafting a superior business plan are great first steps, but pioneering decisions are what will make or break you in the market.
Adapting to the changing times, leveraging your differences, preparing for the future of the market and surrounding yourself with people invested in your success will help you seize opportunities for advancement.
Balancing New School and Old School
If you consider your favorite products, are they the “best” or the most inexpensive choices on the market? Or, have you developed a relationship with a particular brand that you buy because it has done right by you? Similar to your preferred items, your business can become the go-to for customers.
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Women entrepreneurs are on the rise, and they are leaving their footprint on the nation’s economy. In 2012, the U.S. Census Bureau reported an estimated 9.9 million women-owned firms, 35.8 percent of all U.S. firms classifiable by gender, and the total estimated receipts from those firms was $1.4 trillion.
Nevertheless, women-owned businesses are still an underrepresented segment in the economy and require support for their continued growth. The National Women’s Business Council (NWBC) is providing insight on how federal and regional stakeholders can help.
In April of this year, the NWBC released Entrepreneurial Ecosystems & Their Service of Women Entrepreneurs, a research report conducted with Washington CORE, which analyzes local entrepreneurial systems to identify influential actors and mechanisms that aid, or present a barrier to, the support and growth of women-owned businesses.
The report utilizes the “entrepreneurship ecosystem” model, which Washington CORE defines as “a set of interconnected entrepreneurial actors, entrepreneurial organizations, institutions and entrepreneurial processes which formally and informally coalesce to connect, mediate and govern the performance within the local entrepreneurial environment.”
This approach, the report explains, “emphasizes the importance of the overall environment within which an
entrepreneur establishes and grows her business,” helping us understand the resources she can leverage, as well as gaps within the economy that may hinder her.
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JJ Ramberg—host of MSNBC’s Your Business, Co-founder of Goodshop.com and NAWRB Magazine reader and contributor—recently told us about seven incredible female business owners. NAWRB loves to hear about women’s successes because it’s important for women to support other women, recognizing and celebrating each other’s triumphs. Please read JJ’s write-up below:
The Deputy Mayor for Housing and Economic Development of New York City has recently announced an initiative to help connect 5,000 women from low-income neighborhoods with free training and business services that are critical to developing a business. The initiative, Women Entrepreneurs New York City (WE NYC), is just one of many programs sweeping the nation for women entrepreneurs.
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