Briana Morgaine’s recent post “8 Tips for Entrepreneurs Who Are Balancing Their Business with Their Day Job” reminded us of the importance of planning as you launch and grow your business. The best take-away from this post is taking the time to plan and prepare.
Farley’s, an OBDC client, was featured in the news recently for their newly-launched employee profit sharing program. Every employee who has been with the company for at least six months will receive a share of 10% of the profits. This is additional income, not a paycheck deduction, demonstrating Farley’s deep commitment to the community and the people who make their business run day-to-day.
Pampalasa, a new San Francisco restaurant and OBDC client, celebrates Filipino heritage and cultural pride by supporting and ensuring sustainably sound business practices and products for a responsible, cultural dining experience. The newest element of this dining experience is their upcoming pop-up dinner series, featuring several guest chefs.
OBDC is thrilled that our client Hip Chick Farms was featured in this NerdWallet article.
The San Francisco Business Times, in conjunction with SF Pride in June, is planning to compile and publish a list of businesses who self-identify as LGBT-owned. OBDC is thrilled to announce our nominations from our portfolio of borrowers.
In March, the Bay Area A-List 2015 Winners were announced. This annual list received more than 35,000 verified votes on the 6,100 nominees of great Bay Area businesses. OBDC is proud to support many of the top-10 winners this year. We tweeted about all of these businesses last week, but in case you missed it, we present the list here.
This week OBDC Small Business Finance was selected as part of Better Bay Area, a program supported by Mission Asset Fund, Google, Silicon Valley Community Foundation, and Y&H Soda Family Foundation to bring the power of lending circles to a larger network of communities across the Bay Area. OBDC is planning to use lending circles to support borrowers in building credit, receiving financial education, and in growing their networks to help their businesses thrive.
The Sustainable Business Alliance and The East Bay Express have come together to produce a “Good Money Guide” for Bay Area Small Businesses. OBDC Small Business Finance is thrilled to be a part of this project.
The Market on Market recently opened in San Francisco, offering retail space to local food businesses, as well as a centralized place for San Franciscans to shop local for groceries.
Katie Burke at the San Francisco Business Times recently compiled a list of six changes that impact small business owners in San Francisco in an excellent article. This is critical information that will also impact Oakland-based businesses in 2015. You can read the full article for additional details.