This Month At Glance
UPDATES: NJSBDC Network, Coronavirus & Your Business
Due to health and safety concerns regarding the Coronavirus (COVID-19), the NJSBDC at Rutgers-Newark will continue to provide counseling and training services virtually to all clients.
All workshops and training events have been moved to our virtual platform on ZOOM. Registration can be completed at http://rnsbdc.eventbrite.com. All access information will be sent to join the events online. Participants should ensure that they have access to a computer or mobile device with Internet.
For information on the Coronavirus, its impact and the assistance/resources available to NJ Businesses, please visit http://www.njsbdc.com/coronavirus.
To request the assistance of a business counselor/consultant, please complete our Request for Counseling form and allow us 24-48 business hours to contact you for virtual counseling.
MAY WORKSHOPS & EVENTS
Smart Business Plan Writing Workshop (Spring Cycle - 4 Weeks)
Karen Pisciotta, KQ Consulting LLC Andrew Frazier, Small Business Like A Pro LLC
The Rutgers Newark SBDC offers a 4 week - 20 hour Business Plan Writing Workshop. This workshop cycle is offered on Saturdays and will be conducted in a computer lab facility. At the completion of the workshop, clients who need additional assistance with fine-tuning their business plans will have an opportunity to have a Business & Financial Plan Review. A draft business plan is required in order to be scheduled for an appointment.
DATE:
Saturday, May 2, 2020 | 9:00PM - 2:00PM
Saturday, May 9, 2020 | 9:00PM - 2:00PM
Saturday, May 16, 2020 | 9:00PM - 2:00PM
Saturday, May 30, 2020 | 9:00PM - 2:00PM
LOCATION: Online - ZOOM
FEE: $100.00
PRE-REGISTRATION REQUIRED
The Art Of Closing Sales Webinar
Carmen Morris, Business Mastery Consultant Service
During this webinar, you will learn how to handle any objection and close the sale with professionalism, confidence, and skill. You will also learn techniques used in one of the most important activity in business…. SALES! The truth is there is no "mystery" or "secret" to closing more sales, just time-proven methods for doing it.
DATE:
Thursday, May 7, 2020 | 1:00pm - 2:30pm
LOCATION: Online Webinar - Zoom
FEE: None
PRE-REGISTRATION REQUIRED
Website, Social Media, & Analytic Webinar
Cecelia Henderson, WSI Marketing Edge
In today's market, harnessing the power of social media is a must if you want to grow your business and your brand. The same goes for your website. It is vital to position yourself online with a strong internet presence that reassures and strengthens the consumer's trust in your business and motivates them to engage more with your business. This webinar will provide tools and actionable strategies to optimize your website and online infrastructures and using social media to promote and grow your business
DATE:
Thursday, May 7, 2020 | 3:00PM - 4:30PM
LOCATION: Online Webinar - Zoom
FEE: $7.00
PRE-REGISTRATION REQUIRED
QuickBooks & Financial Decision Making Online Workshop
John Lyden, JSL Bookkeeping & Tax
Keep precise financial records using easily available accounting software (QuickBooks) for small businesses. You will learn how to create accurate financial statements and how to interpret them. We’ll look at the key numbers and ratios that can help you understand your financial results, and how to use these ratios to plan effectively and manage cash flow properly. This online workshop is intended for current business owners and managers and for anyone thinking about opening a business.
DATE:
Tuesday, May 12, 2020 | 9:00AM - 2:00PM
LOCATION: Online - ZOOM
FEE: $125.00
PRE-REGISTRATION REQUIRED
Winning Public Federal Contracts Online Webinar
Monica Randall, The Randall Group
This webinar will provide small business participants with a general understanding of government contracting and the federal procurement process. The overview will include how the procurement process works including commonly utilized FAR clauses, how to conduct thorough market research to find opportunities, SBA small business certification programs available as well as how to effectively leverage certifications to win both public and private contracts.
DATE:
Tuesday, May 12, 2020 | 1:00PM - 2:30PM
LOCATION: Online Webinar - Zoom
FEE: None
PRE-REGISTRATION REQUIRED
Stay Ready to Communicate Webinar
Kimberlee S Williams
This webinar is designed for entrepreneurs that need to effectively communicate with investors, grant makers and other strategic audiences. Learn how to convey your unique value proposition (social impact, equity, inclusion, approach) in a way that is conversational and highly specific to the person you are talking to. Techniques shared can be used on the elevator, at networking events, or formal business environments.
DATE:
Tuesday, May 12, 2020 | 3:00PM - 4:30PM
LOCATION: Online Webinar - Zoom
FEE: None
PRE-REGISTRATION REQUIRED
First Step to Entrepreneurship Q&A
Wendy Oliveras, SHESS Global Alliance
The First-Step to Entrepreneurship Q & A is the NJSBDC at Rutgers-Newark interactive seminar for all entrepreneurs seeking to start a small business in New Jersey. This 2-hour online session will cover what an entrepreneur needs to know about starting and operating a business in New Jersey. It will provide the opportunity for attendees interested in starting a business to discuss start-up issues or questions with an SBDC business expert.
DATE:
Saturday, May 16, 2020 | 10:00AM - 12:00PM
LOCATION: Online - ZOOM
FEE: $15
PRE-REGISTRATION REQUIRED
Website, Social Media, & Analytic Online Workshop
Cecelia Henderson, WSI Marketing Edge Dan Stoll, Rutgers Business School
In today's market, harnessing the power of social media is a must if you want to grow your business and your brand and the same goes for your website. It is vital to position yourself online with a strong internet presence that reassures and strengthens the consumers trust and motivates them to engage more with your business. This workshop will provide tools and actionable strategies to optimize your website and social media so you can promote and grow your business.
TOPICS INCLUDE:
-Creating a website strategy for your business
-SEO – Increasing your website’s visibility in the search engines
-Keyword research to build out your website content strategically;
-Building your website's reputation via blogs and social media;
-Measuring the effectiveness of your web design and strategies;
-Integrating social media into your business and marketing strategy;
-Understanding each social media platforms and how to select the best ones for your business;
-Using social media for lead generation;
-Third party tools to help manage your social media marketing efforts;
-Using analytics and measuring success.
DATE:
Monday, May 20, 2020 | 9:00AM - 4:00PM
LOCATION: Online - ZOOM
FEE: $100
PRE-REGISTRATION REQUIRED
Plan Ahead UPCOMING EVENTS
June 4, 2020 | 1pm - 2:30pm - Micro Loans & Alternative Lending Options Webinar
June 4, 2019 | 3pm - 4:30pm - Engaging the Ideal Online Customer Webinar
June 10, 2020 | 4pm - 6pm - First Step to Entrepreneurship Q&A
June 16, 2020 | 1pm - 2:30pm - How to Increase your Online Sales Conversion Rates Webinar
June 16, 2020 | 3pm - 4:30pm - NJ State Certification & Private Contracting Webinar
June 19, 2020 | 9am - 2pm - Engaging the Ideal Online Customer Workshop
June 29 2020 | 9am - 4pm - Winning Public Federal Contracts Online Workshop
CONTACT RUTGERS NEWARK SBDC
Regional Director: Dr. Tendai Ndoro
Accessing RNSBDC Services:
Start-up and Established businesses can access America's SBDC at Rutgers-Newark services in 3 ways:
-Via our website: rnsbdc.com and completing (RFC) form on the home page.
-By sending email to: rnsbdc@business.rutgers.edu;
-By telephone: 973-353-5950
NEWS & RESOURCES
The Paycheck Protection Program (PPP) Resumed
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating.
-Apply by Jun 30, 2020, first come first serve
-Max loan 2.5 x your average monthly payroll expense
-Portion may be eligible for loan forgiveness
-Interest rate =1%
-2-year maximum term
-No payment required in the first 6 months
-No collateral/personal guarantee required
Micro Business Loan Program 
NJ Economic Development Authority's Micro Business Loan Program makes financing of up to $50,000 available to for-profit businesses legally registered to do business in New Jersey, with a business location in New Jersey (home-based businesses are not eligible), who have annual revenues in the most current fiscal year of no more than $1,500,000, and 10 full-time employees or less at time of application. Startup businesses are eligible for financing but must demonstrate to the Authority that they have completed an entrepreneurship training program or Small Business Development Center counseling sessions.
Rutgers in the Community
Rutgers community engagement - An anchor institution.
Go Green & Grow Green!
The NJSBDC has highly specialized consultants ready to help you start or expand Sustainability practices in your business.
The NJSBDC at Rutgers-Newark is funded in part through a cooperative agreement between Rutgers Business School, NJ Business Action Center and the US Small Business Administration. SBA's funding is not an endorsement of any products, opinions, or services. All SBA funded programs are extended to the public on a nondiscriminatory basis.
NJSBDC at Rutgers-Newark | 25 James St, Newark, NJ 07102
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