Small Business
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,…
Read More5 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…
Read More5 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…
Read More4 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…
Read MoreFour Good Reasons to Pay Your Taxes
It’s that time of year again. The W-2s and 1099 are starting to arrive in the mail and before you know it, it will be March and then April 15th – Hello Tax-Time! No one enjoys paying taxes, but there are several reasons to do the best job you can of accurately reporting your income:…
Read MoreNew Years’ ideas for your business in 2016
The New Year is always a great point in time to look back and then start afresh – are you ready to make 2016 be the best year yet? Are you planning a whole list of resolutions for your business or just looking for small improvements? Here are a few suggestions to help you start…
Read MoreCommunity Capital’s Entrepreneurial Pop Up Shop Encourages Residents to Buy Local
Dozens of Westchester residents stopped in to Community Capital New York’s Entrepreneurial Pop Up Shop last week to buy local for the holidays! Sponsored by Tompkins Mahopac Bank, the event, held at small business loan client Ground Floor Co-working in New Rochelle, featured more than a dozen small business loan clients of the nonprofit microfinance…
Read MoreCommunity Capital on ABC!
CommunityCapital New York’s Vice President of Lending, Fernando Ahumada, and loan client Mercedes Nunez, were guests of ABC’s El Tiempo Spanish programming show hosted by Westchester resident Joe Torres! Mercedes, as CEO and Founder of Palisades Cleaning Service, was the first recipient of a small business loan from Community Capital’s CFA Award, the Million for Main Street…
Read MoreA Million for Main Street
Community Capital New York’s Hudson Valley Opportunity Loan Fund Awarded $1m by Governor Cuomo in the Regional Economic Development Council (REDC) Initiative $1 Million to be matched with SBA Funds to create $2 million in loan capital for the Hudson Valley Businesses October, 2015–Community Capital New York, the largest nonprofit SBA microfinance lender in the…
Read More$2 million up for grabs for Hudson Valley businesses
BEACON — Small businesses in the Hudson Valley can look forward to a new $2 million fund for microloans. Money from Community Capital New York can make a huge difference to a little enterprise. Just ask Ernie Molina. Molina and his wife, Mary, began their business, Lola Granola, named after their daughter, several years ago…
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