KNOT TOO SHABBY – Repaintin’ The Town

                “A loan from Community Capital not only gave me the chance to re-launch my career – they are also providing me with a robust support system.  As a solopreneur, I’m grateful that I don’t have to navigate my business alone.” ---CARYN MORALES, OWNER  SUPPORT PROVIDED: Small Business Loan IMPACT:  Minority and woman-owned business, one full-time job ...
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Pop-Up Legal Clinic at Community Capital

In partnership with Fordham Law alumnus William Malpica and Fordham Law’s Entrepreneurial Law Clinic, Community Capital recently held a one day pop-up clinic to provide valuable one-on-one legal guidance to 12 small business clients. Directed by Professor Bernice Grant, the Entrepreneurial Law Clinic is a Fordham Law School, student run program that assists early stage, traditional start-ups and social enterprises with a range of legal issues. ...
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5 Questions to ask yourself before hiring a new employee

For most small business owners, the decision to hire their first employee is not a small or easy one. Many small business owners are hesitant about adding a new hire to their team. It’s understandable. It’s a big decision and there are a lot of things to consider. We thought we’d help with the process by offering up five key questions to ask yourself before deciding to add a new member to your small business Can I take on this extra work ...
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5 things to consider before setting a price for your goods and services

When it comes to setting an initial price, you can generally choose from one of three options: You can charge a premium price (this works best if you have a superior, value-added product or service), a lower-than-average discount price (which is generally hard for small companies to sustain), or a price that is in line with your competitors (market price). To help you decide where to fall on this scale, here are five things to consider before ...
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4 steps to evaluating a new business opportunity

Growing a business, whether organically or by acquisition, is never easy. Today we’ll offer a quick way to  evaluate growth opportunities for your business. Following these four simple steps can keep you from pursuing unprofitable, costly new lines of business, partnerships or business acquisitions: Doing the Math Really Does Matter The first step in evaluating a new opportunity is to compute the potential gross profit margin to be ...
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