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ArticlesCheck back each week for a new article, or subscribe to receive articles delivered by e-mail every Monday.206. Veterans Get Help in BusinessRecognizing that former soldiers can draw on the same commitment, dedication and courage that served them in battle to operate businesses that serve community needs and provide jobs to other Americans, the SBA funded 19 Veteran Business Outreach Centers. The region six VBOC, which is located in Albuquerque, serves veterans in New Mexico, Texas, Louisiana, Oklahoma and Arkansas. 205. Investments Nurture Businesses to Create JobsOne reason New Mexico has done better than other states is because job-creation measures were put in place long before the current recession. Set up as capital delivery systems that invested in and made loans to businesses, the measures were designed to build businesses that would create jobs and hire people. 204. Associations Take Members Beyond NetworkingProfessionals sometimes make a critical mistake in their careers: they neglect to join their industry associations. After investing time and money in a university education or training program, they disregard the value of continued education, advocacy and other assistance that associations provide. With so much at stake in these difficult times, why would anyone want to go it alone? 203. Entrepreneurs Beware the Valley of DeathEntrepreneurs with a business idea have a great need for up-front cash. Without adequate initial investment, they risk falling into the so-called valley of death – the deep and wide gulf that separates a company’s need for capital and investors’ willingness to supply it. 202. Don’t Risk Business Success With a Poor PresentationGood preparation before a speech removes many of the potential surprises that can undermine confidence and throw a speaker off course. Article provides tips for preparing for a speech. 201. Be Ready When Banks Step Up LendingRecent financial activity suggests money might be starting to flow again. That’s why now is a good time to build a relationship with one or more financial institutions through dialogue. Before dialogue starts, business owners should fully understand their financial position. 200. Grant Expands New Mexico Education SuccessWhen Taos-based Imagine Education received a Next Generation Learning Challenge Grant from the Bill & Melinda Gates and William and Flora Hewlett Foundations this summer, the award was not just a triumph for middle-school students struggling to learn math. It also marked an achievement for theNew Mexico programs that grow the state’s economy by [...] 199. Candy Company is Sweet and LeanNew Mexico MEP is a non-profit organization that helps businesses increase profitability. Based on the premise that a lean operation is a profitable operation, New Mexico MEP helps key staff understand the principles of lean manufacturing. It offers workshops, on-site trainings and systems analyses. 198. Consider Strategy before Seeking EquityOnce an entrepreneur decides that equity capital is the best way to finance his business, the next questions are how much and when should it be raised? Ideally, raising money in rounds will give the entrepreneur and early investors the most profit when it is time to sell the business. 197. ‘Made in America’ Heats UpLast year, the SBA helped put over $2 billion in financing into the hands of small manufacturers. |
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