Eva Zaczynski had absolutely no experience running a restaurant when she first opened Eva’s European Sweets in in 1997.
She picked a red brick building on Milton Avenue, just west of Syracuse, because she could afford the rent. As word got out in those pre-internet days, the staff kept written directions by the phone to help lost diners when they called.
Marketing is ideally suited for cooperative implementation among small businesses. Cost and time required are the two most obvious reasons that might make it harder for business owners to perform, hire, or contract for these tasks individually.
In fact, the U.S. Small Business Administration reports, according to a study by Marketo, that only 56 percent of small businesses (with fewer than 50 employees) have a marketing plan.
Stephanie McCall began her journey filling homes and businesses with custom, high-quality, quilts and art pieces, in 2006. An award-winning Master Quilter, Stephanie brought her creativity and skills to each residential or commercial installation.
She has her own dedicated studio, and she also teaches private lessons and project classes at her home studio in Auburn, NY and at Cayuga Community College.
Raise your hand if you can’t stop looking at your email when you are supposed to be on vacation.
As we all become addicted to our electronic devices and constant need for instant information, are we making things better or worse?
There is no doubt that being a small-business owner you probably put in more hours than the average 9-to-5 worker, but that is exactly why it is more important to be aware of the benefits of striking a work-life balance.
Brooks Mullahy started beekeeping in 1984 as a backyard beekeeper in Philadelphia, Pennsylvania with only 2 hives.
Life took many turns from there, including a 13-year stint in East Africa working in International Aid and Development. Upon returning to the United States in 2012, she embarked on an apprenticeship with a master beekeeper in Moravia, New York. After 4 years as an apprentice, Mary set out on her own to turn beekeeping into her livelihood and Sunswick Farm began to take form.
Entrepreneurs are innovative, self-starters and motivated beyond belief. We, in economic development, marvel at your tenacity and sheer will-power.
When starting a business, you have created a step-by-step plan on how to begin, when and where to start, detailed your business plan with extensive projections, and forecast the possible highs and lows of your new venture. You have detailed every phase of your project, and what needs to be done to make the next phase a success. This commitment to success is awe-inspiring. Often, you spend so much time and energy planning and cultivating your “baby,” but most times very little effort at planning for your exit.
Bill Smith, owner of Universal Step, Inc., has been in business for over 50 years.
As a self-proclaimed "grunt," he says he is more of a builder/inventor than a business man. It is the inventor in him, as well as a need to transition his business to be less labor-intensive, that inspired Bill to create a new modular step product.
The best days that Central New York has to offer us weather-wise are upon us. Now is the time to get out, soak up the sun, and step away from the daily grind.
No matter what stage of entrepreneurship you are in, it is far too easy to get sucked into wearing many different hats, working too many hours each day, and never allowing yourself time to recharge. After all, isn’t this the reason you chose to become an entrepreneur? —to make your own schedule, allow inspiration and creativity, and spend more time with your families and friends.
Cathie Perry already had a successful excavation business when she noticed a need in the market for a professional, clean, and reliable dumpster company.
Cathie contacted the Onondaga SBDC in early 2018 and was assisted in developing a business plan and financial projections for her new companion dumpster business. During the planning process she created a new entity, which she named 'Dumpster Diva,' that features her signature purple dumpsters.
Dr. Annette Otis started Compassionate Crossings of CNY (which has turned into Stillwaters Veterinary Care) as an in-home euthanasia and end of life care service for pets, in September of 2017.
'Stillwaters Veterinary Care' offers the opportunity to say goodbye to your beloved pet in the comfort of your own home, at your own pace. The mission is to make an always heartbreaking process as peaceful and personalized as possible.
Watch for the Five Ps in every small-business success story. This will not be the first time you have read about the importance of critical items to startup and early stage, small-business success.
After spending more than 10 years mentoring and coaching startups, I am equipped to opine on the most important Ps in early stage small businesses. These are things, in my opinion, that are essential to small-business success and I believe many of my associates would heartily agree.
The 2018 Onondaga Pitch Competition required a three week development of the business plan before the final elevator pitch competition/ presentation night.
The competition promotes existing and start-up entrepreneurs and small business development in the Syracuse Onondaga County area. Participants pitched their businesses to a live audience and panel of judges who provided expert feedback and awarded cash prizes.
Any business must make it a priority to focus on providing excellent customer service, along with an appealing presentation.
Several years ago, I remember sitting in a sales seminar and the speaker was making a point about the importance of presentation. He painted a vivid picture with his words, describing a favorite meal being served at a fine restaurant. He then told the class to imagine the waiter serving this fabulous meal on a garbage-can lid. Anyone hungry?
There are so many things to consider when starting a business. What are the steps to become legal? What are the proper certificates to complete when the business is established? How will I ever leave my job to go off on my own? Do I have what it takes?
One thing that must be evaluated is whether your business idea will be apart of a fad or a trend. That is why market research is so important to making your business become a successful business operation.
Democratically owned and operated businesses are still a relatively little understood segment of the economy in Central New York.
But with initiatives underway statewide, the potential for employee-owned enterprises (EOEs) to bloom shows promise. This is considered an approach that can help control the “widening wealth gap, and displacement of people from neighborhoods,” according to the Cooperative Growth Ecosystem report published by Citi Community Development — a Citigroup companies initiative for achieving financial inclusion and economic empowerment.
Here’s a summary of two of the most promising developments in the burgeoning cooperative ecosystem surrounding us.
Scenario 1 – You just got out of a meeting with your boss and the HR representative. Surprise! Your job has been 'eliminated.'
Scenario 2 – You retired early from your first career and still feel like working.
Scenario 3 – You hate your job and want to work for yourself.
In all three scenarios you have a choice to make – do you start your own business or try to get hired by an employer?
With over 50% of all business with employees currently in the ownership hands of the Baby Boomer Generation, our society is poised to experience one of the greatest transfers of capital ever.
In New York State alone, that translates to 181,370 businesses employing 1.6M people (from a Project Equity report using US Census, 2012 Survey of Business Owners).
A great way to begin building a business is to do it while you still have the security of a steady paycheck, benefits, and paid time off.
Before you take the plunge, quit your job, and dive into an entrepreneurial endeavor of any magnitude, take time to explore and reflect on key issues. Use these tips to minimize your risk, ensuring that your idea is feasible and needed in the marketplace.
What does MWBE stand for and what does it mean for your business?
Minority and Women Owned Business Enterprises can be a great way to open up many new business opportunities within your industry. No, grants are not something you will automatically get with having this certification and no, it does not ensure you will get a bid on a job you are going for but, it will give you an edge over a company who is not certified and is trying to get opportunities with the government.
Ok, still confused by what it really means for you?
For the average entrepreneur:
But can you commit all that to paper? And even if you could, why bother with a business plan at all?