PRONG 1: BLACK-OWNED AND FINANCIALLY ASTUTE
ECONOMIC DEVELOPMENT COMMITTEE �NYAC | DELTA SIGMA THETA, INC.
SEPTEMBER 30, 2024
Agenda
9:30 AM – 9:40 AM
Welcome
9:40 AM – 10:10 AM
Black-owned businesses
10:10 AM – 10:40 AM
Aspirational Stories
10:40 AM – 11:10 AM
Trademarks and Intellectual Properties
Closing
Planning for Success
Welcome
Introductions
Just the Facts: Take a Look
OUR STORY
COMPARING FACT WITH REALITY
“AHA” MOMENTS
GROUP DISCUSSION
SOLUTIONS
Our Story
WHEN WE KNOW BETTER, WE DO BETTER!
WHY IS THIS IMPORTANT?
Comparing Fact to Reality
Power read, “State of African American-American Owned Business
Power read, “Facts About Small Business: Black-Ownership Statistics 2024
“Aha” Moment
WHAT SURPRISED YOU?
WHAT WAS AN “AHA” FOR YOU?
DID THIS INFORMATION MAKE YOU RECONSIDER YOUR THOUGHTS ABOUT BEING A SMALL BUSINESS OWNER?
Group Discussion
Highlight common thoughts
Reflect on your thoughts as a business owner or future business owner
Large group debrief
Solutions
How can these sessions help you be successful?
First
Second
Third
Porsche Gaddy: Attributes of Successful Businesses
STARTING
ORGANIZING
PAPERWORK
PRESENCE
Dr. Monica George-Fields: REACH
What was your why?
Erika Ewing: Got to Stop
What was your why?
Risks
Rewards
What do you wish you knew?
Attorney Jordana Schacht
Planning for Success
Session 2 | Session 3 | Session 4 | Session 5 |
Overhead | Regulations | Brick and Mortar | Business Structures |
Investments | Recruitment | At-Home Work Benefits and Pitfalls | Risks |
Financial Planning | Retentions | Available Legal Advice | Rewards |
Planning for Success
Session 6 | Session 7 | Session 8 | Session 9 |
Mentors | Legal Advice | NYC Vendor Opportunities | Finding and Responding to RFPs |
Replications | Retainers | Establishing Contracts | Finding and Responding to Grants |
Franchising | Protecting Assets | Non-Compete Clauses | Securing the Bid |
Wrap Up
Complete the reflection sheet
Thank you
JIMYCE JOHNSTON, NYAC DST PRESIDENT
DR. MONICA GEORGE-FIELDS, ECONOMIC DEVELOPMENT CHAIR
NATALEE LANGLEY, ECONOMIC DEVELOPMENT CO-CHAIR