Asset Funders Network and FIELD at the Aspen Institute recently released a study about the racial wealth gap. Because Black and Latino households hold lower levels of business and financial assets, contributing to lower levels of wealth, business ownership can be a vehicle to increase an entrepreneur’s and her family’s overall net worth.
Rachel Aoanan, OBDC’s Manager – Loan Processing is our contributing blogger this week. She’s also the mastermind behind @obdcfinance on Instagram!
Next month, the new technology coming into our debit and credit cards (it’s called EMV) is taking place. There are still questions about the technology, regulations, and timeline. We’re here to answer a few.
Next month, the new technology coming into our debit and credit cards (it’s called EMV) is taking place. There are still questions about the technology, regulations, and timeline. We’re here to answer a few.
At OBDC, we know that veterans are a critical part of our small business community. Here are some of the things we are celebrating this Veterans Day:
It has always been important for small businesses to safeguard private information; today even more so because so much of business operations and sales are done online. Small businesses in particular are vulnerable to hacking. Hundreds of millions of dollars every year are stolen by cyber thieves, and, as an NPR article reports, small businesses may have no recourse to recover losses.
We’re thrilled to share that our client Anasa Yoga is offering donation-based classes in honor of Veterans Gratitude Week. All proceeds from these classes will benefit the Veterans Yoga Project. If you are looking for a workout that does your body and our community good, please visit Anasa Yoga for the following classes:
On Thursday, November 5, OBDC is hosting a panel of business resources for veterans. Join us to hear from our partners at the Alameda County Small Business Development Center (SBDC), the Small Business Administration (SBA), East Bay SCORE, and FICO.
Formalizing your business, or getting your business license and all necessary permits approved, is a critical component of getting your business off the ground. Without these documents, your business may be exposed to additional liability and fines.
Six years ago, Oakland Chop Bar launched in Jack London Square, and now the business is thriving. Check out an excerpt of Chop Bar’s profile:
