Empowering People
& Revitalizing the Community

When Is the Best Time to Write Your Business Plan?

Posted on 3/28/2013 by Ray Lamboy in Small Business Planning

If you're serious about starting your business -- even if you don't have anything down in writing -- you've already started to plan. So how do you find time to write a business plan? You don't. You are always planning. Your plan is never done, but your planning process is your key to good management.

read more..

Entrepreneurship is On the Rise in Bridgeton - 34 Attend Spanish Language Business Workshop

Posted on 3/27/2013 by Ray Lamboy

Bridgeton, NJ – Last night, the Latin American Economic Development Association, Inc. (LAEDA) continued its EDTP Quick Start Series en Español in Bridgeton, NJ with its Creating a Plan of Action – Business Plan I workshop.

read more..

JOBS Act Expected to Increase Diversity in Funding

Posted on 3/27/2013 by Ray Lamboy in Small Business Policy

The existing class of startup investors is predominantly white and male. New startup-funding legislation has the potential to change that. If more women and people of color are brought into the investing community, then, in turn, the hope is that more women and minority business owners will receive funding.

read more..

10 Questions to Ask Before Quitting Your Job to Start a Business

Posted on 3/21/2013 by Ray Lamboy in Small Business Planning

Giving up the security of a full-time job to start your own business is a risky, often stressful move. "The biggest reason people don't end up quitting is the fear of uncertainty. They don't know what might happen and they don't want to give up the security that they already have," says Sean Ogle, who quit a job in finance to live in Thailand and run a virtual search engine optimization and Web consultancy. How do you know when the time is right to make the leap? Here are 10 questions to ask before you quit your job.

read more..

LAEDA Helps Would Be Entrepreneurs Gauge their Readiness for Business Ownership

Posted on 3/21/2013 by Ray Lamboy

Camden, NJ - The Latin American Economic Development Association, Inc. (LAEDA, Inc.) hosted a group of 15 prospective entrepreneurs at its headquarters in Camden, NJ, last night, to assist them in gauging their readiness to start a business.

read more..

Small Employers Are Clueless About Obamacare

Posted on 3/21/2013 by Ray Lamboy in Small Business Policy

A majority of business owners don't grasp the basics of the law, a new survey suggests.

read more..

LAEDA’s EDTP Quick Start Series en Español Kicks off in Bridgeton, NJ

Posted on 3/20/2013 by Ray Lamboy

The Latin American Economic Development Association, Inc. successfully kicked off its business education series, Entrepreneurial Development Training Program – Quick Start Series en Español last night at the Ashley McCormick Arts Center in downtown Bridgeton, NJ.

read more..

Bottle Bing - How New Jersey Could Make Itself the Next Napa

Posted on 3/13/2013 by Ray Lamboy in Small Business & The Economy

The Outer Coastal Plain might be the perfect place to make fine wine in America. The region, which has nearly the same sandy soil composition as Bordeaux, experiences a warm growing season; spring frosts are rare; and the breezes from the Atlantic Ocean and a local bay are ideal for winemaking. The O.C.P. has only one real challenge: it’s in southern New Jersey, a state associated with many things — Springsteen, Snooki, industrial pollution, the mob — but not great wine. Much of what is bottled there, in fact, isn’t even grape-based.

read more..

Why Facebook's News Feed Update Is Good News for Businesses and Brands

Posted on 3/7/2013 by Ray Lamboy in Marketing Your Business

Never one to sit on the sidelines or allow user experience to become stale, Facebook has unveiled a new user interface (UI) for its popular News Feed feature that it claims will reduce clutter and focus more attention on updates, images and information from the people and brands you care about most.

read more..

Weekly Initial Unemployment Claims decrease to 340,000

Posted on 3/6/2013 by Ray Lamboy in Small Business & The Economy

The DOL reports: In the week ending March 2, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 7,000 from the previous week's revised figure of 347,000. The 4-week moving average was 348,750, a decrease of 7,000 from the previous week's revised average of 355,750.

read more..