Benefits Of Small Businesses And Developing A Successful...

TESTIMONIAL from Sean Moore, Small Business Developer Congress Heights Community Training and Development Corporation As a Small Business Development Specialist in Ward 8, I understand the importance of small businesses and entrepreneurs in developing a successful and self-sustaining community. Furthermore, I understand that when communities become stagnant and opportunities limited, it is important that those communities see investment from outside forces to initiate change and restore hope and optimism. Accordingly, when I learned that the Mayor had secured a commitment to bring the Wizards and Mystics practice facility and a new arena to serve as home court for the mystics to Congress Heights, I was excited. I saw this investment from the city as a commitment to bringing opportunity to our community and a catalyst to bringing new life to our community by activating the long dormant St Elizabeths east campus. A campus, who’s gates and inactivity create a void in the fabric of our community. The city has invested hundreds of millions of dollars in projects across the city that have accomplished resulted in the creation of safe and vibrant communities. These investments served as catalysts for the redevelopment of those communities, created jobs and opportunities for small businesses and entrepreneurs and brought hope to those communities. You can imagine my surprise and disappointment when Council member Elissa Silverman introduced a bill to put a ceiling or cap onShow MoreRelatedFinancing Gap And Economic Development1996 Words   |  8 Pagesinvolves channeling private capital resources into businesses in a community to create conducive and attractive business ecosystem that will promote local economic development. The philosophical concept of capital absorption is that there are needs and priority areas in a community that should be identified and given necessary investment platforms through policy and investment support tools that will create an enabling environment for businesses to accomplish their goals. This entails identifyingRead MoreComparative Management1497 Words   |  6 Pagesin domestic management, but international managers also need to know some of the differences between the home country and host country intend to operate.  Competition in the international market has become an important activity for most businesses, and even many small to medium sized companies.  Facilities are set up in different countries, transfer of operating across borders, increased international trade, a profound impact on the design and operation with international organizations.  InternationalizationRead More10 Effective Steps To Create A Great Business Brand For1818 Words   |  8 Pagesincreasingly competitive market, most businesses, from coffee shops to international automobile manufacturers , are constantly engaged in a battle to win new customers and keep old customers. To prevail against the opposition, companies aim to stand out by developing quality products or services, offering irresistible value proposition and building a unique business identity. At the core of the companies that thrive, there is always a successful brand. Successful companies are companies that have realizedRead MoreRural Entrepreneurship-Opportunities and Challenges3604 Words   |  15 Pageshas shown a declining trend during the last one decade. This has made a huge impact on the domestic production, employment, etc. These problems can be tackled, to a certain extent, by developing entrepreneurship in Rural India. This dissertation is concerned with the distinctive challenges and opportunities of developing entrepreneurship in rural locations, and also provides the necessary suggestions that can be used in this context. Introduction India is the 2nd  most populous country in the worldRead More Sustainable Agriculture Essay3323 Words   |  14 Pagescontinue? Contributions in the Past At the start of the 20th century, the gains from industrializing agriculture were undeniable. As an agrarian society, much of the time, money, energy, and resources of farming went to support the farming community themselves. At the same time, the opportunities of the industrial revolution were becoming evident. In order to harness such opportunities, it was necessary to free up individuals to work in manufacturing as well to make it possible for the publicRead MoreSocial Entrepreneurship : Growth And Challenges2024 Words   |  9 Pagesa social attempt when it change the social capital in the welfare of the society. It is definitely looked upon beneficial because the success of social entrepreneurship is based on so many factors focusing on social impact that legacy corporate businesses do not prioritize. Social entrepreneurs figure out immediate social problems, but also seek to understand the broader context of an issue that crosses disciplines, fields, and theories. Picking up a larger prospective of how an issue is being identifiedRead MoreTony Fernandes6380 Words   |  26 Pageshighlight and advance leading models of sustainable social innovation. It identifies a select community of social entrepreneurs and engages it in shaping global, regional and industry agendas that improve the state of the world in close collaboration with the other stakeholders of the World Economic Forum. Social entrepreneurship is about applying practical, innovative and sustainable approaches to benefit society in general, with an emphasis on those who are marginalized and poor. It is a term thatRead MoreImpact of Microfinance Upon Developing Countries2315 Words   |  10 Pagespurpose of this study, it would be important to know the difference between microfinance and microcredit. While microcredit involves making small loans to businesses and individuals, microfinance encompasses that and entails other financial services offered on a small scale. It usually refers to loans, savings, insurance, transfer services and most importantly, community development provided to low income earners. According to Khandakar and Rahman (2006), Microfinance is essentially a transformation ofRead MoreBackground of Csr5929 Words   |  24 Pagesof the growing sophistication of consumers. It must be pointed out that consumers still continue to play a significant role in the growth of csr since consu mers and pressure groups, especially in Europe and North America but also increasingly in developing countries, are demanding more responsibility from companies. The advance of technology has empowered these groups to effectively pressure companies, (especially those with highprofile brands) and hold them accountable for their behaviour or actionsRead MoreWomen Entrepreneurs: a Critical Review of the Literature12149 Words   |  49 PagesAbstract Increasing numbers of women are becoming leaders of their own businesses, and many are struggling to achieve success. A growing body of theory and research is exploring how different women come to business ownership, their unique leadership challenges and strategies for success, their personal change and the processes of leadership development they experience. This paper reviews literature addressing women business owners from the general perspective of understanding their leadership