For Entrepreneurs

“Entrepreneur Works helped us get our business off the ground. We are so grateful for their help and support throughout this process.”

Edward Morgan, EK Morgan By Design

Business Tools

Business Tips

Feb
27th

Client Profile: Naturally Sweet Desserts brings decadent vegan treats to the Philadelphia region

By Maggie Deptola

Situation Taste of Success participant and vegan baker extraordinaire Sherimane Johnson needed help growing the presence of her business online. Though she had achieved much success with little advanced planning, she was discouraged by the ongoing challenges her dessert business faced. Solution Sherimane applied to the Tech Solutions Plus program and received one-on-one consulting with a technology expert

Feb
15th

Behind the legacy of Philadelphia’s oldest black shop

By team_eworks

Editor’s Note: In celebration of Black History Month, Entrepreneur Works is sharing the stories and impact of Black-owned businesses in our region throughout February.  Source: Philly.com, February 2017 The next time you plop down in a cushy chair, consider the story of Warley Bascom & Sons, at one time the oldest continually operating black-owned business

Whether you’re just starting out or you’ve been in business for a while, our Loan Department will be happy to speak with you about your financing needs. Our loan products are designed to help entrepreneurs take their businesses to the next level. Clients typically use loan funds for machinery, equipment, furniture and fixtures, inventory, business acquisition, working capital and startup costs.

Pre-sales Less than one year More than one year
Yes No
Yes No

Women Entrepreneurs Loan up to $50,000

•Special interest rate discount for majority women-owned businesses that have been in operation for two or more years.

•Terms of repayment: up to 6 years (Fact Sheet)

•Typically used for business expansion, construction/renovation, inventory, working capital, or machinery/equipment.


Small Business Loans up to $50,000

•Terms of repayment: up to 6 years (Fact Sheet)

•Typically used for business expansion, construction/renovation, inventory, working capital, or machinery/equipment.


Machinery and Equipment Loans up to $50,000

•Terms of repayment: up to 6 years

•Typically used for business expansion through the purchase of new equipment (production machinery, computers, vehicles, etc.)


Startup Loans up to $15,000

•Terms of repayment: up to 4 years

•Designed for businesses that have operated for less than one year. Typically used for inventory, construction/renovation, working capital, or machinery/equipment.


Benefits of all Entrepreneur Works Loans

•Flexible application criteria and affordable rates designed to address the needs of low- to moderate-income business borrowers.

•Build/strengthen borrower’s credit score (if repayment criteria are met).

•Small business consulting offered to clients upon request.

•No early repayment penalties.


For more information about our loans, please contact Katya Noreika, Loan Officer at (215) 545-3100, Ext. 226 or knoreika@entre-works.org. 

Training

Our instructors are experienced business owners and have plenty of experience with training entrepreneurs. Our classes and workshops will help you take your business to the next level.

Classes

We offer multi-week business skills courses several times each year at our Philadelphia and Chester office locations. The Start It. Grow It. course aims to improve business performance by teaching practical considerations for starting a new business including defining a target market, pricing and business legal structures. The course has a flexible learning model and an emphasis on “learning by doing."

For more information about our Start It. Grow It. multi-week course, please click here.

Workshops

We also offer a range of one-time workshops. Past topics have included “Getting my Idea to Fly,” credit building, digital marketing, social media, alternate sources of financing, patents, and copywriting. For more information about our upcoming workshops, please click here.

Events

Entrepreneur Works posts our own events and those of our partners. Please click on an event below for more information and registration details.

Feb
28th

Work For Yourself @50+

Partner Event 6-8pm

A growing number of workers age 50-plus are turning interests, hobbies or skills into a small business. Representatives from the U.S. Small Business Administration will present at this AARP and WORC "Work For Yourself @50+" event for people 50-plus years old thinking about starting a small business now or after retirement.

Learn about "What SBA Can Do For You," business start-up and financial basics for starting a small business, how to work with a lender, as well as SBA resources to assist new entrepreneurs.

Call to register now at 1-888-339-5617!

 

Location:

Women's Opportunities Resource Center,

2nd Floor Training Room, 2010 Chestnut St.,

Philadelphia, PA 19103

Mar
7th

Fashion + Tech + Entrepreneurship with Breanna Moore

Partner Event 1pm

This workshop will teach students how to harness the power of technology to create economic opportunities through fashion, art, and culture.

Participants will learn:


  • Why creating an online platform is an important aspect of developing a strong international fashion brand

  • How to develop a strong market brand and economic opportunities for young entrepreneurs across the globe

  • What are the major challenges for starting an fashion line and how to overcome these challenges


Location:
Cheyney University
Marcus Foster Student Center, Room 211

Mar
20th

Finance Your Small Business: Panel Discussion

Partner Event 6pm

The Small Business Administration (SBA) will moderate a financing panel including following panelists in the fields of lending, microlending, and economic development from the Philadelphia region.

Presented in partnership with the US Small Business AdministrationEastern PA District Office.

This event is free, but please register by calling 215-686-5394 or go to financeyourbiz.eventbrite.com.

Location:

Parkway Central Library
1901 Vine Street
Philadelphia, PA 19102
Skyline Room, 4th Floor

May
9th

Start It. Grow It. Philadelphia

Entrepreneur Works Event

Start It. Grow It. is a  10-week course designed to teach the fundamentals of planning, running, and growing a successful business.

The course will cover:

Easy Process to Start Your Business (What to do, when to do it, and how)
Create a business plan anyone can do
Develop financial projections that tell how much money you need to start or grow your business
Develop a winning marketing strategy
Will help you avoid costly mistakes

You will learn:

How to make money in your business
How to get lenders, investors, customers to understand your business
How to identify your competition and compete
How to research your industry/market
How to price your product/service
How to strategize for funding
How to set goals and how to achieve them

Class orientation:      Date TBD

Class begins:               Tues, May 9th, 2017 from 6:00-9:00pm (Date subject to change)

Class meets:                6:00-9:00pm on Tuesdays and Thursdays

Location:                     111 S. Independence Mall East, The Bourse Building, Suite 870, Philadelphia, PA 19106

Price:                           $99

(If you prefer not to pay online, you may also mail a check or money order for $99 made out to "Entrepreneur Works Fund" to the following address: Entrepreneur Works, 111 S. Independence Mall East, The Bourse Building, Suite 528, Philadelphia, PA 19106.)

Class orientation is mandatory for all participating students. 

For additional information, contact Maggie Deptola at (215) 545-3100 or mdeptola@entre-works.org.