Currently Hiring: Business Advisor and Women’s Business Alliance Director

The Entrepreneur Fund is expanding.

Since 1989, we have worked with entrepreneurs to help them achieve success and grow their businesses. Now it is our turn to grow. We are currently hiring for two full-time positions: a Business Advisor and our Women’s Business Alliance Director.

The Business Advisor works with small business owners to achieve their business goals. The selected individual will provide direct consulting, guide the client’s development and serve as a trusted advisor to the small business owner. The Business Advisor facilitates the long-term relationship with clients and offers a key access point for a variety of Entrepreneur Fund services appropriate to their needs. This position is based out of our Hibbing office.

We are also seeking an experienced entrepreneur to lead the Women’s Business Alliance (WBA). The WBA is committed to increasing the income, influence, and leadership of women entrepreneurs in our region. The WBA Director leads the initiative, recruits women entrepreneurs, provides training consulting and EOS® (Entrepreneurial Operating System) services. Responsibilities include program management, overseeing consultants, as well as providing direct training and individual consulting. This position is based out of our Duluth office.

We are excited for the opportunity to expand our staff in order to further advance economic development in our region. We thank the community for allowing us to continue our mission, and we look forward to meeting our new staff members.

For more information and to apply for these positions, please click on these links:

Business Advisor

Women’s Business Alliance Director


Ignite #4: Cindra Kamphoff

 

Forum 4 | 10 Habits of High Performers | Cindra Kamphoff

Our fourth forum helps us reveal the top traits that position leaders for success.

Cindra’s proven strategies guide women in business to overcome the odds, live with purpose and reach their ultimate best.

Her forum covers:

  • Mastering thoughts, feelings and actions
  • Dealing with the unexpected
  • Owning your WHY
  • Focusing on what you can control
  • Designing your life intentionally

Check out Cindra’s video for yourself.

Register Now


Ignite Forum #3 – Barbara Churchill

Forum 3 | Do You Hear Voices? Let Go of Doubt and Tap into Confidence | Barbara Churchill
January 17 & 18

Our third forum focuses on finding your voice and directing your future. You’ll learn to tune into your true voice while tuning out your negative voice.

Barbara’s powerful message helps build wise, compassionate and confident leaders. Her forum covers:

  • What is that negative voice in your head and why is it there?
  • How to identify when it shows up and what to do about it
  • Tools to manage self-sabotage
  • How to tap into your inner wise leader

Check out Barbara’s video below:

Register Now


24hr Bookkeeper – A Hibbing, Minnesota Success Story

When you think of Hibbing, Minnesota, “award-winning business consulting” may not come to mind – but it should. Karine Woodman, of 24hr Bookkeeper, has built a globally recognized accounting services firm located right in the heart of Hibbing.

By embracing technology and providing expert services for payroll, bookkeeping and QuickBooks™ training, Woodman and her team have quickly become sought-after business consultants, and 24hr Bookkeeper was recently named Intuit’s Global Firm of the Future. As the U.S. finalist, the company competed with finalists from the United Kingdom, Canada and Australia. Setting the company apart from the competition was the ability to integrate third-party software and apps with QuickBooks, and having a cloud-based approach to accounting services.

To Woodman, business accounting services translates into something more meaningful, helping people.

We’re in the business of being trusted,” Woodman says. “We take care of people’s babies, their financials, and that takes a lot of trust. We truly care, and want our clients to be successful.”

Woodman knows being a business owner can be a lonely place, and strives to create simple and efficient workflows for her clients, so they can better understand their business financials. And because, her business regularly happens via video conference, Woodman can help business owners from across the nation – and does – all from her office in Hibbing.

Woodman founded 24hr Bookkeeper to help businesses on the Iron Range manage accounting, payroll and QuickBooks. Fast-forward seven years and the team provides consulting services to businesses across the nation. 24hr Bookkeeper has positioned itself to clients in all industries, but finds majority of their clientele are in the construction, professional services, healthcare and hospitality industries.

Over the past year, Woodman has worked with the Entrepreneur Fund, assisting and facilitating training with their clients in the areas of QuickBooks and financial services. Soon after her facilitation began, Woodman started working with an Entrepreneur Fund business advisor for her own company. She knew the level she wanted to bring her business to, and found value in the advice and guidance she was receiving from her business advisor. Having support from someone with actual small-business experience helped Woodman systemize her operations and streamline 24hr Bookkeeper’s fast-paced growth.

24hr Bookkeeper is a perfect example that living in a smaller town doesn’t (and shouldn’t) limit a business owner’s potential for success. Networking, getting your business out there and embracing technological approaches to conducting business, allows entrepreneurs to grow their business well beyond their expectations.


Restaurant Enterprise Sweeps the Range

Jessica and Erik Lietz are becoming household names across the Iron Range for their ambitious and exemplary work revitalizing restaurants like The Whistling Bird in Gilbert and Boomtown Woodfire in Eveleth. And because owning and operating two restaurants in two different cities isn’t keeping them busy enough, they’re working on a new restaurant concept in Hibbing.

The Process

The Lietz’s love what they do, from start to finish – and they take great pride in offering new and unique dining experiences to communities on the Iron Range. It’s a lot of work for the couple, but it’s the kind of work that makes the them tick.

Rather than purchasing existing restaurants that are currently in operation, or building from the ground up, the Lietz’s choose to purchase restaurant properties that are bank-owned. This approach allows them to have creative freedom without the extensive costs and overhead that can be associated with new construction.

Although they buy existing properties, there is still a lot of revitalization involved in bringing a closed restaurant back to life. The Lietz’s think carefully about what their customers might want and need with every new concept they create. Oftentimes, to put their own touches on décor and layout, the entire space must be gutted and the kitchen must be rebuilt.

“There’s something so exciting about what we do,” said Jessica Lietz. “There’s an adrenaline rush in the restaurant industry – we get to create our own destiny. We have creative freedom to see our visions through from start to finish.”

Creating new menu options comes with a bit experimentation, but the Leitz’s always keep old standards in the mix, too. They feel the most important thing is to invite people to try new things, while still providing an element of familiarity.

The Leitz’s say it’s always exciting to open a new restaurant to the public, and both The Whistling Bird and Boomtown Woodfire have been very well received in their communities. Chatter started early in Hibbing – even before the Lietz’s had made an offer on the vacant downtown space – which goes to show the community of Hibbing is looking forward to having a new dining option.

The Outcome

In addition to introducing creative dining options, the Lietz’s are helping local economies thrive by providing numerous jobs. They currently have about 60 employees, and with the addition of their new Hibbing restaurant, the total will be over 100.

Jessica Lietz says the restaurant industry is always hiring and there always seems to be a shortage in both kitchen and front of the house staff. It usually takes her a while to get new staff members in place and up to speed on operations. The new restaurant in Hibbing is still in the planning phase, but will present exciting new opportunities for the region. Luckily, some staff from Boomtown Woodfire in Eveleth will transfer to Hibbing, so the Lietz’s are expecting that training will go smoothly from the get-go.

Help Along the Way

Both Erik and Jessica have extensive experience in the restaurant industry, but found that it isn’t always easy to find financial assistance. The failure rate in restaurants trends high, and many banks can’t offer loans or want to assume the risk.

With creative financing options, the Entrepreneur Fund provided funding for Boomtown Woodfire, and connected them with experts to help with other important business operations like payroll processing and bookkeeping.

“The Entrepreneur Fund is there to help business owners,” said Jessica. “They want to help local entrepreneurs succeed, and they’ll do whatever they can to help push your vision forward.”


Live & Lead a Life of Impact | Annie Meehan

Forum 2 | Live & Lead a Life of Impact | Annie Meehan
December 13 & 14

Our second forum is all about how the personal and professional lives of business owners overlap. How do we do it all and stay positive?

Annie’s message challenges audiences to take action, move forward and lead a life of IMPACT:

  • Intentional Living – How to set the intention in the morning for the day
  • Make It Happen – It’s not magic
  • Purpose – Finding your why
  • Adaptability – Dealing with change
  • Commitment – Staying the course
  • Tools – What’s in your toolbox?

Check out Annie’s video below:

Register Now


The New Face of Human Resources

Small businesses oftentimes don’t have the capacity to have an entire department dedicated to Human Resources (HR). Instead, HR is managed by business owners who are simultaneously keeping up with sales, accounting, marketing and the day-to-day tasks essential to running their business.

HR is a critical component of business management.

HR is so much more than just benefits administration. It’s more than dealing with conflicts as they arise, or making sure your employees make competitive wages.

In fact, many agree that HR needs to be considered in the overall strategy and direction of a business. James Kosur, C-suite editor at Business Insider, suggests HR is no longer just about benefits and administration. It is now an extension of a business strategy and has become a business partner that can make or break a company – read the full article HERE. Approaching goals and strategies with HR in mind will help business owners effectively recruit and hire employees with the skills and knowledge needed for success.

It’s not uncommon to see business owners become overwhelmed with the prospect of HR. There’s a lot to know, but oftentimes it’s what you don’t know that can really hurt you.

HR doesn’t have to be a daunting. It is a vital aspect of running a business that owners need to consider. As soon as you have employees – and are no longer a “solopreneur” – you need to have HR on your radar.

A small business probably doesn’t have a HR department, let alone the ability to dedicate one full person to an HR role. Many entrepreneurs and small business owners need assistance with the “nuts and bolts” piece of HR, and there are great resources available.

“Outsourcing” doesn’t have to mean a big expense, but rather means bringing in outside professionals to help in specific areas of your business. You might hire a marketing firm for a particular campaign or a sales strategy, so why not hire an HR consultant to help you better understand which policies and practices are important to implement or refine?

An outside HR professional can provide perspective and assistance with, what we’ve found to be, the top 5 HR pain points:

  • Attracting and retaining talent
  • Managing and training employees
  • Performance reviews and assessments
  • Understanding employment laws
  • Documenting important employee events – hiring and firing

More than anything, it’s important to remember that HR is about being fair in the way you run your business. It’s critical to be fair in your hiring practices, the training you make available, the way you treat employees and the way you document successes, as well as challenges and conflicts.

Download the tip sheet for our break down on our top 5 HR pain points – your business might just thank you later.

cta_download-now

Think, Manage and Innovate Smarter

All around our region, women entrepreneurs are working hard every day to balance running a business with everyday life. You can have it all, but that doesn’t mean it is easy – and it certainly doesn’t mean you have to do it on your own.

The Entrepreneur Fund’s Women’s Business Alliance (WBA) exists to provide a powerful nexus for strategic support, capital, and networking for regional women business owners. We want to help your business succeed and connect you with other women entrepreneurs who’ve been there. That’s why we created the IGNITE Forums, and are excited to bring five high-profile women to share their experiences and insights.

Last year, Dr. Erika Garms shared her secrets to translating neuroscience and scientific theory into organizational performance and workplace effectiveness. She knows that leaders can positively impact their workplace by understanding how brains process change. She calls it a “brain-friendly” workplace, and knows that this model helps leaders to bring out the best in their staff.

Whether you’re an entrepreneur or employee, Dr. Garms’ work will help you develop a healthy, positive and high-performing workplace. Interested in developing a brain-friendly company?

Listen to 2017 IGNITE speaker Dr. Cindra Kamphoff interview Dr. Erika Garms.

The 2016-2017 IGNITE Forums will kick off with Rebecca Undem on Living and Working BIG. Part rural America expert, part corporate America misfit; Undem helps leaders embrace the quirks and challenges of living and working outside the metropolis.

Mark your calendars – Undem will speak in Duluth on November 15, 2016 at the Holiday Inn and in Grand Rapids on November 16, 2016 at the Timberlake Lodge.

Register for the Ignite Forums below.

 

 


Please vote once per day for our local small business provider

Our client and service provider – Karine Woodman of 24HR Bookkeeper (Hibbing) has been nominated to be Intuit’s (QuickBooks’s) Firm of the Future. One winner will be selected from four finalists. Karine is competing against firms from Canada, the UK and Australia. Please vote once per day for our local small business provider of QuickBooks bookkeeping and support!

How to vote for Intuit’s Firm of the Future: 24HR Bookkeeper

  1. Go to firmofthefuture.com/contest
  2. Next: Register
  3. Already Registered? Just log in with your email address everyday through October 15th
  4. Scroll down to 24HR Bookkeeper’s Video and click the green VOTE button!

Lincoln Park Resource Round-up

Are you thinking of purchasing a commercial building in Duluth?

Considering relocating to Lincoln Park?

Undergoing renovations on your current space?

If you answered yes to any of these questions, the Resource Round-Up is for you. Join us on Saturday, October 15 from 9:00 am to 3:00 pm at 1908 W. Superior Street (next to Frost River). 

Round Up Agenda:

Refreshments and Vendor Exhibition9:00 am – 3:00 pm 
Visit with contractors, lenders, architects and more to ask any questions you may have about upcoming projects for your business or home.

Learn from Us Panel Discussion10:00 am –11:30 am
Learn what it has been like for several businesses that moved to Lincoln Park – why they chose the neighborhood, the challenges and successes they’ve had and the resources they found most valuable to get them where they are today. Businesses participating on the panel include OMC Smokehouse, Bent Paddle, Frost River, Pikku, Hemlocks Leatherworks, and Marshall Handyman Services.

Nuts and Bolts Panel Discussion1:00 pm – 2:30 pm
Discover resources to help you get the job done and answer questions regarding financing and technical assistance available to entrepreneurs. Organizations participating on the panel include City of Duluth Business and Economic Development and Community Planning Division, DSGW Architects, Park State Bank, Ecolibrium3, Greg Follmer Commercial Real Estate, Gardner Builders and Builders Commonwealth.

For more information on the entire Lincoln Park Open House event, visit the Facebook page.

If you have any questions, or are interested in learning how you can be a part of the event, email Candi Broeffle at candib@entrepreneurfund.org or call 218-590-2539.

Looking forward to seeing you on Saturday.