Showing posts with label BusinessNews. Show all posts
Showing posts with label BusinessNews. Show all posts
Monday, December 30, 2013
Empress of Biz, Biz Tips Picking the Right Bank...crucial for your business success.
Part of your business success is having the right bank in your corner.
Below is a link to an article that I wrote for the New Network for Women.
Are you with the right bank?
The wrong bank can create havoc in your business and delay your
success.
Picking the Right Bank by JoAnn Forrester.
Read and see if you are.
Thursday, January 24, 2013
FIVE STUPID Business Mistakes
Great conversation with Alice Williams of WEEE and Joanne Quinn Smith aka 'Techno Granny" as they shared on my show the Empress of Biz on "The Good, The Bad and the Stupid Mistakes" small biz owners make. Listed below are some of our "favorites" . ...
I really should not have done that!
1. CHECK YOUR INSURANCE POLICY! If you are a home based business PLEASE check your insurance policy..you may not be covered for your home office or if your vheicles, equipment, tools and etc are stored on the property. One client of mine had a fire in her office and had over $35k worth of damage and the insurance would not cover it. Yes it may cost you a few extra bucks...compared to a loss of thousands of dollars...minor costs.
2. NO PLAN TO PAY YOURSELF! Save money, I won't take a paycheck I will help the business...I can manage without it. Right? WRONG!! You MUST have a reasonable salary for you in your overhead (fixed costs) to have an accurate idea of what it costs to be in business and set the right price for your product or service. Think..what you would have to pay someone to do your job. Most often a great deal more than you now make.
3. BORROWING MONEY from FAMILY. This is "touchy". Your Dad believes in you, your brother has some cash to throw in to your business...Mom has money to invest...what do you do? You have written agreements on the money invested or loaned to your business, how you will pay it back, interest, time period and etc. And most of all you clarify the role they will have in your business. Sometimes when family lends you money they automatically think they can tell you what to do. If you do not want your sister in your business...you have to clear that up front.
4. Using Credit Cards to Finance your Business. Your impatient, you want that computer now, that jigsaw, that power point, that truck and you do not want to have to wait. So what the hay...I will just put it on my credit card and pay it off within a few months. That kind of thinking can quickly get you into trouble. Banks do not like and will not re-fiance credit card debt. The interest is often exorbitant and miss one payment and you are quickly into a situation that can spiral out of control.
5. Hiring Family members. This can be good for the business IF your brother is the person you would hire anyway...if NOT..then don't. Taking in friends and family without them being an asset to the business is a STUPID and a DANGEROUS MISTAKE.
Want to avoid the above and other "stupid" mistakes...put your ego aside..give us a call at 412-440-6969. Don't worry we have done "alot of stupid things"...and we are here to help you grow.
412-440-6969 ask for JoAnn aka "Empressof Biz"
I really should not have done that!1. CHECK YOUR INSURANCE POLICY! If you are a home based business PLEASE check your insurance policy..you may not be covered for your home office or if your vheicles, equipment, tools and etc are stored on the property. One client of mine had a fire in her office and had over $35k worth of damage and the insurance would not cover it. Yes it may cost you a few extra bucks...compared to a loss of thousands of dollars...minor costs.
2. NO PLAN TO PAY YOURSELF! Save money, I won't take a paycheck I will help the business...I can manage without it. Right? WRONG!! You MUST have a reasonable salary for you in your overhead (fixed costs) to have an accurate idea of what it costs to be in business and set the right price for your product or service. Think..what you would have to pay someone to do your job. Most often a great deal more than you now make.
3. BORROWING MONEY from FAMILY. This is "touchy". Your Dad believes in you, your brother has some cash to throw in to your business...Mom has money to invest...what do you do? You have written agreements on the money invested or loaned to your business, how you will pay it back, interest, time period and etc. And most of all you clarify the role they will have in your business. Sometimes when family lends you money they automatically think they can tell you what to do. If you do not want your sister in your business...you have to clear that up front.
4. Using Credit Cards to Finance your Business. Your impatient, you want that computer now, that jigsaw, that power point, that truck and you do not want to have to wait. So what the hay...I will just put it on my credit card and pay it off within a few months. That kind of thinking can quickly get you into trouble. Banks do not like and will not re-fiance credit card debt. The interest is often exorbitant and miss one payment and you are quickly into a situation that can spiral out of control.
5. Hiring Family members. This can be good for the business IF your brother is the person you would hire anyway...if NOT..then don't. Taking in friends and family without them being an asset to the business is a STUPID and a DANGEROUS MISTAKE.
Want to avoid the above and other "stupid" mistakes...put your ego aside..give us a call at 412-440-6969. Don't worry we have done "alot of stupid things"...and we are here to help you grow.
412-440-6969 ask for JoAnn aka "Empressof Biz"
Thursday, December 30, 2010
Daily Thought: December 29 Success
Today's Success is built on Yesteray's Lessons.
Before you say "Good Bye" and Good Riddance to 2010. a diffcult year for many, what are the lessons learned and how can you put them to work for you? Write down the following to say goodbye to 2010
1. What was good?
2. What impressed you?
3. What and who helped you?
4. What would you like to change
and remember Today's Succes is built on Today's Lessons
Before you say "Good Bye" and Good Riddance to 2010. a diffcult year for many, what are the lessons learned and how can you put them to work for you? Write down the following to say goodbye to 2010
1. What was good?
2. What impressed you?
3. What and who helped you?
4. What would you like to change
and remember Today's Succes is built on Today's Lessons
Sunday, August 16, 2009
Empress of Biz Show Notes 8-13-2009, Greg Panza, Program Manager Mt. Washington Community Development Corporation
Show Notes;
Welcome to the Empress of Biz—Re-inventing Yourself in Rugged times.
Contact info: JoAnn R. Forrester, The Empress of Biz
Phone: 412-440-6969 and E-mail: empressofbiz@aol.com
Guest Information: Greg Panza, Program Manager at the Mt Washington Community CDC
Phone: 412-481-3220 ext 203
E-mail: gpanza@mwcdc.org
Empress of Biz Talks to Greg Panza of the Mt. Washington CDC.
Partnerships between businesses and government are vital in restoring and revitalizing and enhancing a neighborhood business District. As a board member of the Urban Redevelopment Authority Business Loan Review Board I can how the combination of public and private resources can dramatically help businesses grow and neighborhoods flourish. This morning guest, Greg Panza, program manager of the Mount Washington Community Development Corporation an agency that serves the Mt. Washington and Duquense Highest communities.
One of the assets of Mt Washington is Grandview Avenue. It is a street known by many people locally, nationally, and internationally due to its speculator view of Pittsburgh. Over a million people a year come to MT. Washington to view the city. Grandview is high up on a bluff looking over the city where you can see a majestic view that goes for miles. I have a special place in my heart for Mt Washington. My father and his brothers were raised there. And as a little girl I spent many vacation and holiday days at my Grandmothers. My favorite pastime was riding the incline…going up and down, up and down, the conductors knew me by name. Once I rode it 11 times. I have many fond memories of the area. But lets talk about today and what it happening now to expand and revitalize the area.
Good morning Greg and welcome to the Empress of Biz. One of the interesting things about Greg is his profession he has traveled extensively nationally and internationally. After touring the world he decided to come back “Home” and be part of our continuing Renaissance
Greg Panza
Program Manager
412-657-3375ext. 203
Greg Panza, MWCDC Program Manager, brings over 15 years of experience in the architectural and design industry. After receiving his Bachelor of Science degree in Design from La Roche College, he played a critical role on the design team at the Design Alliance, for the ALCOA Corporation’s award winning headquarters on the North Shore.
Greg honed his skills as Project Manager for Desert Viking Builders in Phoenix, Arizona, which specialized in the revitalization of historic properties in neighborhood business districts.
Since 2005, Greg’s primary role at the MWCDC has been the management of the Main Street Program, which has achieved exceptional results for this community.
For a fantastic view of the city go the home page of the Mt. Washington CDC at Website www.mwcdc.org
Mt Washington CDC
Mission & Vision
Our mission is to balance area development, highlight the area's unique natural and historic features, and enhance the well-being of the people who live, work and visit here.
Our shared vision is Mount Washington/Duquesne Heights as someplace unique and attractively natural; a diverse and neighborly community that is a comfort to live in; a lush, verdant showcase for land preservation, smart development and features seen nowhere else in the world.
Projects & Programs
Business Development
MWCDC’s business district development efforts have primarily been focused on the low to moderate census tract serving business district segments of Shiloh Street, Virginia Avenue, Southern Avenue, Boggs Avenue and Bailey Avenue. These efforts are funded as one of 12 neighborhoods in the City of Pittsburgh by the Urban Redevelopment Authority (URA) of Pittsburgh’s Mainstreets Pittsburgh Program. This program was developed by the National Trust for Historic Preservation as a way to revitalize traditional business districts across the country that experienced a decline in the late 20th century with the rise of suburban shopping centers, and big box retailers. It is based on the four points of Organization, Design, Promotion and Economic Restructuring. The Main Street program, in the Commonwealth of Pennsylvania, is managed by the Pennsylvania Downtown Center which is funded by the PA Department of Community and Economic Development. The MWCDC works closely together with these entities and the URA to ensure the success of Mount Washington’s Main Street Program.
Since the MWCDC Main Street Program was awarded funding in 2006, there has been over $2 million re-invested into Mount Washington’s Main Street area. This figure includes the renovation of a dozen storefronts, the opening of 13 new businesses, the creation of over 30 jobs, and multiple public space improvement projects.
For further information on locating your business to Mt. Washington give Greg Panza a call at 412-481-3220 extension 203.
Listen to archived version at: http://tinyurl.com/EmpressofBiz
Welcome to the Empress of Biz—Re-inventing Yourself in Rugged times.
Contact info: JoAnn R. Forrester, The Empress of Biz
Phone: 412-440-6969 and E-mail: empressofbiz@aol.com
Guest Information: Greg Panza, Program Manager at the Mt Washington Community CDC
Phone: 412-481-3220 ext 203
E-mail: gpanza@mwcdc.org
Empress of Biz Talks to Greg Panza of the Mt. Washington CDC.
Partnerships between businesses and government are vital in restoring and revitalizing and enhancing a neighborhood business District. As a board member of the Urban Redevelopment Authority Business Loan Review Board I can how the combination of public and private resources can dramatically help businesses grow and neighborhoods flourish. This morning guest, Greg Panza, program manager of the Mount Washington Community Development Corporation an agency that serves the Mt. Washington and Duquense Highest communities.
One of the assets of Mt Washington is Grandview Avenue. It is a street known by many people locally, nationally, and internationally due to its speculator view of Pittsburgh. Over a million people a year come to MT. Washington to view the city. Grandview is high up on a bluff looking over the city where you can see a majestic view that goes for miles. I have a special place in my heart for Mt Washington. My father and his brothers were raised there. And as a little girl I spent many vacation and holiday days at my Grandmothers. My favorite pastime was riding the incline…going up and down, up and down, the conductors knew me by name. Once I rode it 11 times. I have many fond memories of the area. But lets talk about today and what it happening now to expand and revitalize the area.
Good morning Greg and welcome to the Empress of Biz. One of the interesting things about Greg is his profession he has traveled extensively nationally and internationally. After touring the world he decided to come back “Home” and be part of our continuing Renaissance
Greg Panza
Program Manager
412-657-3375ext. 203
Greg Panza, MWCDC Program Manager, brings over 15 years of experience in the architectural and design industry. After receiving his Bachelor of Science degree in Design from La Roche College, he played a critical role on the design team at the Design Alliance, for the ALCOA Corporation’s award winning headquarters on the North Shore.
Greg honed his skills as Project Manager for Desert Viking Builders in Phoenix, Arizona, which specialized in the revitalization of historic properties in neighborhood business districts.
Since 2005, Greg’s primary role at the MWCDC has been the management of the Main Street Program, which has achieved exceptional results for this community.
For a fantastic view of the city go the home page of the Mt. Washington CDC at Website www.mwcdc.org
Mt Washington CDC
Mission & Vision
Our mission is to balance area development, highlight the area's unique natural and historic features, and enhance the well-being of the people who live, work and visit here.
Our shared vision is Mount Washington/Duquesne Heights as someplace unique and attractively natural; a diverse and neighborly community that is a comfort to live in; a lush, verdant showcase for land preservation, smart development and features seen nowhere else in the world.
Projects & Programs
Business Development
MWCDC’s business district development efforts have primarily been focused on the low to moderate census tract serving business district segments of Shiloh Street, Virginia Avenue, Southern Avenue, Boggs Avenue and Bailey Avenue. These efforts are funded as one of 12 neighborhoods in the City of Pittsburgh by the Urban Redevelopment Authority (URA) of Pittsburgh’s Mainstreets Pittsburgh Program. This program was developed by the National Trust for Historic Preservation as a way to revitalize traditional business districts across the country that experienced a decline in the late 20th century with the rise of suburban shopping centers, and big box retailers. It is based on the four points of Organization, Design, Promotion and Economic Restructuring. The Main Street program, in the Commonwealth of Pennsylvania, is managed by the Pennsylvania Downtown Center which is funded by the PA Department of Community and Economic Development. The MWCDC works closely together with these entities and the URA to ensure the success of Mount Washington’s Main Street Program.
Since the MWCDC Main Street Program was awarded funding in 2006, there has been over $2 million re-invested into Mount Washington’s Main Street area. This figure includes the renovation of a dozen storefronts, the opening of 13 new businesses, the creation of over 30 jobs, and multiple public space improvement projects.
For further information on locating your business to Mt. Washington give Greg Panza a call at 412-481-3220 extension 203.
Listen to archived version at: http://tinyurl.com/EmpressofBiz
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