Mentoring helps drive small business success, and we at BusinessAdvising.org are happy to be a part of your company’s growth. According to the Small Business Association, 70 percent of small businesses that receive mentoring survive to their ten-year mark — that’s more than double the rate for a non-mentored small businesses. But, the support provided by programs such as BusinessAdvising.org wouldn’t be here at all, were it not for the hundreds of advisors who volunteer their time each and every month. In the spirit of quality mentorship, and as a way to showcase your continued appreciation, we invite you to join us in the national #ThankYourMentor campaign taking place right now through LinkedIn. Consider contributing to LinkedIn’s “Thank Your Mentor” blog series. In this series, professionals and business owners like you thank those who helped them reach where they are today. If you’re interested, you can read the posts here, then write … Read More
Two New Updates To BusinessAdvising.org
We’re happy to announce two new features that we’ve recently added to the BusinessAdvising.org platform, for both small business owners and advisors: mentorship goal setting, and a tool to schedule meetings between advisee and advisor. Setting up a goal is a great way to hold yourself and/or your advisee accountable for achieving specific objectives within an advising match, and to measure progress. You can also use the goals feature as a place to take and store notes, and as a discussion thread between and advisor and advisee. Learn more about the tool, and see how to use it to get the most out of your advising partnership: Setting up a goal is fairly straightforward. Head to the Partnerships tab, and find the partnership that you want to set a goal in. After you spoke with our program team on the phone, we helped to set up the kick-off call for … Read More
You Can Empower A Small Business
We’re recruiting new business mentors and advisors to work with our network of small business owners. As a business advisor, you’ll have the opportunity to donate your time and talent to mentor small business owners and help create and retain jobs for people in low-income communities. In the last 5 years, BusinessAdvising.org advisors have helped almost 1,000 companies create more than 1,200 jobs and maintain another 13,000. Advisors are needed with skills in: Accounting/Budgeting Finance Investment Preparation Leadership Marketing Manufacturing Operations Project Management Procurement Sales Advisors are needed with the industry experience in: Banking Financial Services Human Resources Consumer Products Law/Legal Services Packaged Foods Restaurant Retail Social Media Venture Capital/Investment With our national network of small business owners you’ll be able to meet in person and/or virtually (over the phone, or on Skype, Facetime, etc) with your advising match. Advisors are asked to spend, on average, 5 hours per month volunteering. If you … Read More
The Impact Of Mentoring On Small Business [infographic]
In 2014, we scaled our BusinessAdvising.org small business mentoring and advising platform nationally. Since then, we’ve advised hundreds of entrepreneurs, helping them to grow their revenues and add jobs at 167% of the national average. At the same time, expert business advisors have volunteered tens of thousands of hours to help local businesses create jobs for working people across the country. Want to find a mentor, or sign up to be a volunteer advisor? Get started here.
LISC Small Business Has Teamed Up With BusinessAdvising.org
LISC Small Business borrowers can now access BusinessAdvising.org’s pool of expert business advisors for free! LISC’s clients across America are the backbones of their communities and the drivers of job creation, innovation, and economic opportunity. As part of our mission to combat inequality through small business entrepreneurship and bolstering local economies, we couldn’t be more excited about this partnership! LISC has been a community development leader in America for over thirty years: Working with local leaders to invest in housing, health, education, public safety and employment — all basic needs that must be tackled at once so that progress in one is not undermined by neglect in another. They offer working capital loans up to $250,000 — and small business real estate loans up to $5,000,000. But as a fellow Community Development Financial Institution, they know that money alone doesn’t guarantee success. The actual day-to-day needs of making a business … Read More
Our Latest Impact Report Is Here!
BusinessAdvising.org’s parent nonprofit — Pacific Community Ventures — has fueled the economic and small business recovery since the end of the Recession five years ago. Our programs have created 1,297 jobs for working people in underserved communities, and empowered 867 companies across 25 states (thanks to BusinessAdvising.org). The small business owners in our BusinessAdvising.org network saw a 29% job growth, and the ones in our broader PCV network saw 12% job growth — vs. the U.S. average of only 2%. [gview file=”http://businessadvising.pcv.wpengine.com/wp-content/uploads/sites/2/2015/06/PCV-Impact-Report-2014.pdf” save=”0″] Head here to download our impact report > Traditional small business lending from banks has slowed since the end of the recession, leading CDFIs like PCV to step up and fill that need. In 2014 our parent nonprofit doubled its small business lending from the year prior, providing $886,000 in working capital to help California small businesses create new quality jobs. But we also know that small businesses need more than … Read More
A New Matching Loan Program Open To Our Entrepreneurs
Our partner Kiva Zip is teaming up with LISC to provide more loans and expand financial opportunities to the small businesses in our network! This partnership means that small business borrowers endorsed by PCV will only have to raise half of the total loan amount from the crowd on the Kiva Zip website. LISC will provide a matching loan for the remaining amount! This will help you to fundraise easier and faster, and increase the likelihood of executing a successful Kiva Zip campaign and secure the funding needed to grow your business. To get started, head to https://zip.kiva.org/borrow and sign up. This is a two-month pilot program, so enroll now if you’re interested! If you’d like to have a Pacific Community Ventures / BusinessAdvising.org endorsement on your Kiva Zip page, please contact us. We’re happy to help! One of our companies just concluded a successful campaign. Check out Kuli Kuli’s success and … Read More
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