Volume 1, Issue 33
July, 2008

Upcoming Events


Tuesdays,
July 22 - August 12
CORE FOUR Business
Planning Course

Virginia
5:30-8:30 PM, $244
(Four evening sessions


Fridays,
July 25 & August 1

CORE FOUR Business
Planning Course

Grand Rapids
10:00 AM - 5:00 PM, $244
(Two daytime sessions


Thursday, July 31
Start a Business...
Here's How!

Duluth
6:00-8:00 PM, $20


Monday, August 4
Recordkeeping for
Small Businesses

Virginia
1:00-5:00 PM, $59


Thursdays,
August 7 - August 28
CORE FOUR Business
Planning Course

Duluth
5:30-8:30 PM, $244
(Four evening sessions


Tuesday, August 12
Start a Business...
Here's How!

Grand Rapids
6:00-8:00 PM, $20


Thursday, August 14
Start a Business...
Here's How!

Virginia
6:00-8:00 PM, $20


To register for a
class or event:
1-800-422-0374
 
info@entrepreneurfund.org
 
www.entrepreneurfund.org

 

Total Results Since 1989:

Program
Participants:
9288

Business Started,
Stabilized, or Expanded:
997

Jobs Created or Retained:
25
47

Dollars Loaned:
$
7,291,907

Results updated quarterly.

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Read All About It!

   


Customer Loyalty Programs - Helpful or Hurtful?

   


“Conventional wisdom says that loyalty programs are best utilized to reward your best customers…
By using rewards programs, retailers give away things for free that their best customers would
have bought anyway. Retailers thereby begin to lose money on the program.”

In an interview with Rajiv Lal find out if you could benefit from starting a loyalty program or if you should re-evaluate the one you have.

http://hbswk.hbs.edu/item/4003.html

Source: Harvard Business School Working Knowledge Site
 

   
   

 The Power of the Brand

   


“Regardless of age, regardless of position, regardless of the business we happen to be in, all of us need to understand the importance of branding. We are CEOs of our own companies: Me Inc. To be in business today, our most important job is to be head marketer for the brand called You.”

What is your personal brand? Get an introduction to personal branding in the piece featured below.

http://www.fastcompany.com/magazine/10/brandyou.html

Source: www.fastcompany.com
 

   
   

3 Clever Ways Creative Women Entrepreneurs
Can Finally Get Organized!

   


“If you're a creative woman entrepreneur then chances are good you've labeled yourself as someone who just can't seem to get, or stay, organized. Popping up with new ideas for your business or about how to help people? Easy! Figuring out a filing system or how to get those piles of paper up off your floor? Ugh...well, that's a different story now, isn't it?!”

Award winning small business expert Kendall SummerHawk is the "Horse Whisperer for Business." Kendall delivers simple ways entrepreneurs can brand, package and price their services to quickly move away from "dollars-for-hours work" and create more money, time, and freedom in their businesses.

http://www.solo-e.com/library/articles/personal-development/get-organized/3-clever-ways-creative-women-entrepreneurs-can-finally-get-organized--2406.shtml

Source: Solo Entrepreneur (www.solo-e.com)
 

   
   

16 Legendary Women Entrepreneurs

   


"Entrepreneurship has no age or time limits…it thrives on hope and inspiration.
Those who choose to participate can only make the world a better place."

Debbi Fields, founder of Mrs. Fields Cookies explains entrepreneurial motivation from the vantage point of someone who's been there, done that... and with good reason - she is one of 16 historical women who's inspiring accomplishments as entrepreneurs are highlighted in this article from Entrepreneur Magazine. 

http://www.womenentrepreneur.com/article/2866/1.html

Source: www.entrepreneur.com
 

   
   

5 Tips for Women to Gain Customer Trust

   


"Many things, such as your appearance, language, or work habits,
can either encourage trust or alienate your customers."

Be courteous, be positive, dress for success, be consistent and persistent, and be smart...

http://www.allbusiness.com/company-activities-management/company-structures-ownership/7587395-1.html

Source: www.allbusiness.com
 

   
 

Special Announcements

   


Networking Luncheon for Business Owners

   


Reminder: Networking luncheons in Grand Marais will not be held in July or August to allow our networking group participants to focus on their businesses during the busy summer tourism season.  Luncheons will resume in September.  We hope that all of our networking participants are enjoying a fun and successful summer!

 


   

This Month's Featured Entrepreneurial Resources:

   


Harvard Business School:  The Harvard Business School offers a site where you can search for information by topic or industry. Search for the latest in business news or access archival information.

http://hbswk.hbs.edu/item/3178.html


SBA Small Business VOICE:  Whether you want to know more about managing your credit, disaster readiness, taxes, or international trade the SBA has your answer. Find out how you can get your question answered in an online chat. Click the link below to view transcripts of previous chats. Real business owners, real questions, real solutions.

http://www.sba.gov/tools/monthlywebchat/index.html


SCORE Women's Success BlogSCORE, which bills itself as "counselors to America's small business," has launched its first national blog, which focuses on women in business.

http://womensblog.score.org/

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 



 


The Northeast Entrepreneur Fund is an equal opportunity employer, lender, and service provider.

Northeast Entrepreneur Fund
8355 Unity Drive, Suite 100  Virginia MN  55792
1-800-422-0374  | www.entrepreneurfund.org

Funded in part through a cooperative agreement with the U.S. Small Business Administration.