MiraCosta College Business Department

Accounting, Business Administration, Real Estate

Browsing Posts published in September, 2010

Two local small business owners who worked with MiraCosta College’s Small Business Development Center (SBDC) in developing their businesses were among the honorees at the 2010 San Diego Small Business Awards ceremony, held earlier this month at the Town and Country Resort in San Diego. Winning the Minority Small Business Champion of the Year award was La Sonja Boulware; and the Delores Braswell Award, advocating women in business, went to Cheryl Protzeller. Both winners now offer their own guidance and expertise to new clients at the SBDC.

La Sonja Boulware started her consulting group BizNess Variety in 1989, which grew from her passion for helping small business owners and individuals learn to creatively market their talents, skills and services. Her business has since expanded to helping students transition from school to the work force. In addition to running her business, Boulware has been employed with the state of California for 19 years and is currently employed by the California Department of Transportation, managing five units including Small Business. In this role she works with MiraCosta’s Small Business Development Center and facilitates outreach programs to train small businesses on how to compete for Caltrans contracts.

Cheryl Protzeller was a client of the SBDC in 2007 when she was building her business, P2 Solutions, Inc., a personnel consulting firm. Shortly thereafter, she began offering human resources workshops once a month at the center, assisting the center with community outreach and public relations, which resulted in an increased awareness of the services provided by the SBDC. In 2008, Protzeller joined the SBDC as an independent consultant offering one-on-one counseling services to area small businesses.

For more information about the Small Business Development Center, contact director Sudershan Shaunak by e-mail or call the center at (760) 795-8740. A photo is available for download here

SBDC Clients
E-World Recyclers
 
IReadySystems

By William P. Barrett, Forbes

Despite populist rhetoric, poor men don’t become president–unless they become prosperous first. Here’s our ranking of the 10 richest.

Don’t believe all that born-in-a-log-cabin hype. Only four United States presidents actually started out that way, Abraham Lincoln being the most famous. By the time the other three, Franklin Pierce, James Buchanan and James A. Garfield, entered the nation’s highest office, they shared one trait with its other 40 occupants: All had achieved a certain measure of financial prosperity.

Despite two centuries of campaign rhetoric touting identification with the common man, the simple fact is that no truly poor individual ever has become president of the United States. MORE AT… http://www.forbes.com/2010/07/14/george-washington-hoover-jfk-obama-personal-finance-10-richest-presidents.html?boxes=Homepagetopspecialreports

Planning ahead is about preparing for the future today. Communicating your end-of-life wishes to your loved ones, appointing a healthcare power of attorney, and addressing financial issues such as wills and paying for long-term care are just a few of the issues you can address today to plan ahead. Great site with links to Advance Health Care Directives for all states: http://www.caringinfo.org/PlanningAhead.htm

 

By Bob Tedeshi NY TIMES
THE financial reform bill still awaits final touches from the Senate, but now that Congress appears to have agreed on most of the principles in the new legislation, mortgage borrowers can get a glimpse of future lending practices.

And here’s the upshot: if you’re a financially sophisticated borrower who doesn’t mind taking risks with your money, the legislation may not be welcome. But most other borrowers will enjoy some improved protections.

Many changes expected in the federal legislation won’t take effect for a year or more, according to John A. Courson, the chief executive of the Mortgage Bankers Association. The federal government, for instance, must first establish a new regulatory body, the Consumer Financial Protection Bureau, which would oversee consumer loans, among other things. But in the meantime, many lenders have already begun changing their practices, Mr. Courson said, anticipating passage of the financial reform bill.

For instance, at least two categories of mortgage are already disappearing: interest-only loans and stated-income loans. Mr. Courson explained that both loan types would almost certainly fall short of the government’s definition of “qualified” mortgages, and, therefore, be quickly shunned by all lenders once the new law took effect. MORE AT…http://www.nytimes.com/2010/07/11/realestate/11mort.html?_r=3&ref=realestate

By Lori Weisberg, UNION-TRIBUNE

As prospects for a strong economic recovery dwindle, the hard-hit restaurant industry is looking for any help it can get, but it shouldn’t expect the mammoth baby boom population to come to the rescue.

If a new 10-year food service forecast is to be believed, aging boomers, despite their large numbers, will in fact have a dampening effect on restaurant traffic as they choose to economize and eat out less often, according to The NPD Group, a Chicago-based market research firm. And dinner, concludes the forecast, will take the hardest hit because of all those stay-at-home boomers. MORE AT…http://www.signonsandiego.com/news/2010/sep/03/rescue-by-boomers-not-on-menu-for-eateries/

by: Tauren Dyson, Cathie Gandel, Joan Rattner Heilman, Sid Kirchheimer, Gwen Moran, Linda Stern from AARP Bulletin
Super Saver’s spectacular win on a muddy track at the Kentucky Derby may have been just the right message for Americans who are still battling the muck of an up-and-down economy. Millions are looking for ways to shave dollars and dimes from their daily expenses. Listed in categories like home and health, they add up to 99 tips.  MORE AT…