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Dear BDI Buzz Readers...
There are several exciting updates from BDI this month! First, we have launched our new website, www.bdiweb.org. Our new site details information about our programs and the great work we are doing in our community – including our Minority Enterprise Development (MED) Week 2016 event that is open for registration!
Second, we are welcoming a new member to the BDI Board of Directors, Penny Perez, ODOT’s DBE Program Manager. She brings strong experience supporting women and minority-owned small businesses and unique insights as a diversity practitioner to our board.
Finally, we have launched our annual sponsorship fundraising campaign! We have added a sponsorship opportunity for our small business partners that provides tickets to MED week as well as recognition in the MED week program. You can find information about all our sponsorship levels at www.bdiweb.org/sponsorships.
Thank you for your support!
Charissa Rotramel
Business Diversity Institute | Chair
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Show your appreciation and NOMINATE a minority-owned small business or diversity practitioner in our region who deserve special recognition for their outstanding service. Please review the MED Week nomination criteria and award categories before submitting the nominee you feel shines above the rest.
Nominations can be SUBMITTED ONLINE - DEADLINE for submissions is 8/29/16.
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Tax-Reduction Tips for Small Business
Small businesses face many challenges, especially in the early days, including developing a product or service, targeting it to the right market, hiring the right employees and keeping expenses under control. Meanwhile, taking the right approach to taxes is a crucial factor that sometimes is overlooked.
We asked Anna Sergunina, a financial advisor and part of NerdWallet’s Ask an Advisor network, for some tips on how businesses can grow while keeping taxes low.
What steps can small businesses take to decrease their tax burden? Read more
How Small Businesses Can Control Costs
in the Early Stages
Owning a small business is an all-out battle to find the right balance between generating revenue and limiting costs. That’s especially true in a business’s first year, when finding a sustainable customer base requires investment.
We asked Rita Cheng, a financial advisor who works with small businesses, about ways entrepreneurs can keep costs down in the early months. She is a member of NerdWallet’s Ask an Advisor network.
How can small-business owners control costs in the first year? Learn more
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Our Mission
To support the growth and success of regional minority-owned and woman-owned businesses through sustainable business:
• Education and training
• Outreach, tools and resources
• Promoting collaboration of public/private organizations
in these efforts
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