The Department of Defense has announced new funding opportunities through its Small Business Innovation Research (SBIR) program. The funds will be made available to selected small businesses based on proposals submitted between Sept. 24, 2019, and Oct. 23, 2019. The Army, Air Force, Defense Health Agency, and the Missle Defense Agency are all participating. A […]
Month: August 2019
Why You Need a Business Checking Account
If you’re a minority entrepreneur just starting out in business, there are many things you need to do. Choosing a business name and legal structure, creating your business plan, developing a marketing strategy, and setting up accounting and record-keeping systems are just a few priorities that should be on your list. You’ll also need a […]
The True Cost of Workers Comp Claims
Over the past decade, the direct cost of workers comp claims has increased significantly, in large part due to the rising cost of prescription drugs. According to the National Council on Compensation Insurance, the average direct cost of lost-time claims in 2015-2016 was $39, 424, up from an average of $26,400 in 2009. The highest […]
The MBDA Business Center of LA Offers Help to MBEs
The State of California boasts the country’s largest economy, with a state GDP of over $3 trillion in 2018. And within the state, the largest economy by far is Los Angeles County, which had a population of over 10 million and a gross economic output of over $700 billion in 2018. Not surprisingly, the area […]
Cannabis Not a Safe Alternative to Opioids, Panel Says
A panel of experts at the annual Disability Management Employer Coalition Inc. conference discussed the value of cannabis as a “safer” alternative to opioids last week. The consensus among participants: Cannabis poses more risks than rewards for employers and employees alike. And while that opinion certainly isn’t shared by everyone in the field (even the […]
Is Buying a Business Right For You?
If you’re a would-be entrepreneur, the idea of owning your own business is certainly an attractive one. Perhaps you have dreams of being the next Daymond John, who turned a $40 budget into a multi-billion dollar fashion brand. Or maybe you just want to be your own boss and make a living doing what you […]
Al Noga, Former NFL Linebacker, Loses Workers Comp
The Minnesota Supreme Court ruled last week that former Minnesota Vikings lineman Al Noga was not entitled to workers compensation, reversing a decision by the Workers Compensation Court of Appeals. Noga’s lawyers claimed his dementia diagnosis was the result of repeated head injuries sustained while he played for the NFL, and after a long, drawn-out […]
Register Now for the Annual NAWBO Business Conference
The National Association of Women Business Owners (NAWBO) is holding its annual Women’s Business Conference this fall. The meeting is open to members and non-members and will feature exciting keynote speakers, networking activities, breakout sessions, and exhibitors from across the United States. The conference will open at 6:30 a.m. Sunday, October 13 with Total Body […]