There is a growing need for technical assistance to accommodate the dramatically increasing formation of business enterprises in the greater Los Angeles area. In its last fiscal year, the Los Angeles District Office (LADO) of the U.S. Small Business Administration (SBA) financed 4,600 small businesses in the amount of $1billion. To support a capital access program of this magnitude LADO is proud to rely on a varied network of technical assistance providers, who often shepherd the individual entrepreneur through myriad obstacles related to all loan processes. Los Angeles SBA District Director, Alberto G. Alvarado confirmed the value of the Agency’s resource partners saying, “Without SCORE, the SBDCs, Women’s Business Center, and our many other important resource partners, we could not possibly serve the number of small businesses that we reach out to on an annual basis. These entities are the technical assistance work horses, through whose collaboration the SBA’s mission goals are... Read More
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What will a single father of two teenagers do to appease their yen for Wienerschnitzel hotdogs? A resident of Pico Rivera for many years, Ron Beilke had to pack his family into the van and trek to any one of several surrounding communities to enjoy these mouth-watering morsels. During these periodic food runs Ron often daydreamed about how wonderful it might be to have a Wienerschnitzel in his neighborhood. After much rumination he came to the conclusion that his city possessed the demographics that could certainly support its own Wienerschnitzel franchise.
But who would be committed enough to insure a successful restaurant project? Would he not be the best person for the job? After all, Ron was no stranger to the fast food industry, and he was fully acquainted with of the many challenges associated with a start-up restaurant. He had successfully operated five Chucke Cheese Pizza Time Theaters during a four year time span, and he had been a Multi-store Manager for Carl... Read More
Country Fresh Market, located in Historical Uptown Whittier, is a true success story. The specialty retailing food store is the brain child of Pete and Devon Jimenez and was started with proceeds from an SBA Pre-Qualification Loan, funded by Bank of America. A subsequent SBA guaranteed credit line was provided by B of A to help with working capital and operational needs.
Whittians flock to Country Fresh to avail themselves of the freshest vegetables, expertly butchered meat, bountiful grocery items, and many Hispanic Specialty items. Denizens from the surrounding municipalities rave incessantly about the homemade salsa, guacamole and heavenly carne asada; thus, the store has become a one stop gormandized excursion. Its regulars find the 8 a.m. to 8 p.m. 7 days a week very convenient and feel welcomed by the family-owned atmosphere and friendly customer service.
The market captures the essence of Trader Joe’s but with a Latin Touch. Its Hispanic delicacies are... Read More
Approximately, 1,000 small business men and women participated in SBA’s Business Matchmaking Conference at the Disneyland Hotel in Anaheim, California. The 3 day event, February 9th -11th, 2004th, was geared toward small businesses, either currently active with respect to procurement contracts, or aspiring to establish a relationship with various buying arms of much larger private and public sector companies. The uniqueness of this event involved prescheduled meetings matching small business sellers to corporate and government purchasing
departments during the actual event. In addition, an on site re-schedule booth allowed for an aspirant to add one or more of these 1-on-1 meetings to their pre-scheduled meeting slate, predicated on availability and time. In addition, counselors from the SBA and SBA partnership organizations were available to consult on key small business issues, including access to capital, effective business planning, and other technical and... Read More