BSI
IN FOCUS: June 2010
By the Numbers
 
Numbers can be slippery, tricky, rascally things.  So, in this edition of our newsletter, we offer resources to help you get a hold of them.  First of all though, one number that we really like: according to the Kauffman Foundation, entrepreneurial activity increased to its highest level in 14 years in 2009 despite the recession.  African-Americans and older Americans experienced the greatest increases in business creation activity for the year among demographic groups in the study.  Overall, the 558,000 businesses created each month in 2009 marked a 4% increase over the previous year.  
 
With those figures as our inspiration, we are pleased to offer upcoming programs on bookkeeping, business plans, and management, as well as other resources to keep you afloat in the sea of numbers.   

PROGRAMS & SEMINARS

Getting Your Finances In Order: Bookkeeping Basics for Entrepreneurs 

Tuesday June 8th, 6:30 PM
Parkway Central Library, 1901 Vine St 19103 
 
This free program will focus on:  

  • Bookkeeping terminology and basic internal controls.
  • Financial dos and don'ts.
  • Working through examples and learning to keep track of your finances using a spreadsheet bookkeeping system.

This program is ideal for:
Business owners who may need training in bookkeeping before implementing an accounting program such as QuickBooks or Peachtree.
 
Presented with our partners:

SCORE "Counselors to America's Small Business" and Bookminders.  Bookminders is a Pennsylvania-based firm that provides accounting and information management services to business and non-profits.  

 
Please call 215-686-5394 or email: erefbsi@freelibrary.org to reserve your seat!

 

 
Leading Your Small Business
 
Wednesday June 16th, 6:00 PM
Wadsworth Library, 1500 Wadsworth Ave 19150
 
Part of the "Strengthening Our Community Businesses Together" Workshop Series, presented in partnership with the Urban League of Philadelphia and the Ogontz Avenue Revitalization Corporation (OARC), this free program will focus on leadership as well as how to work with and manage teams. 
 
For more information contact the Wadsworth Library at 215-685-9293 or Patrice Edwards at OARC by calling 215-549-4099. 
 
 
The Challenges Facing Business Owners
 
Wednesday July 21st, 6:00 PM
Wadsworth Library, 1500 Wadsworth Ave 19150
 
Continuing the "Strengthening Our Community Businesses Together" Workshop Series, this free program will deal with common traps facing entrepreneurs such as the reluctance to address problems early and wasteful work practices, as well as goal setting. 
 
For more information contact the Wadsworth Library at 215-685-9293 or Patrice Edwards at OARC by calling 215-549-4099. 

FEATURED RESOURCE:

Simply Map Logo

 
SimplyMap is the newest addition to the Free Library's selection of online databases.  SimplyMap provides in-depth demographic information along with digital mapping technology. Create an interactive map of the city or neighborhood where you do business to help you find new customers and more.  While advanced users will recognize some of the information in SimplyMap from our BusinessDecision database, the smooth, visual style of this resource makes it an excellent addition to every entrepreneur's toolkit.  SimplyMap is available from your home or office PC when you login through the Free Library's website with your library card number and PIN.  Visit our database page to get started.
UPCOMING: Business Database Training Classes for Entrepreneurs!
 
Learn to use library resources to research your business plan, expand your market, grow your business, and stay ahead of the competition.
 
Wednesday, June 9th, 6:30 PM
Your Industry 101: What You Need to Know and Why covers the Business & Company Resource Center database and the skills you need to learn your industry like a pro.
 
Wednesday, June 16, 6:30 PM
Demographic Market Research covers the BusinessDecision database of consumer demographics and spending patterns.

Classes meet in the Tech Lab, Ground Floor, Parkway Central Library, 1901 Vine St, 19103.
 
No registration required.
First come, first served.
Basic computer skills are a prerequisite
 
For more information: erefbsi@freelibrary.org or 215-686-5394.
SCORE at the Library: Business Advice & Counseling
 
Free and confidential business advice and counseling tailored to meet your needs is now available at the following Free Library locations: 
 
Parkway Central Library
1901 Vine St 19103
 
 
Joseph E Coleman Northwest Regional Library
68 W Chelten Ave 19144
 
Northeast Regional Library
2228 Cottman Ave 19149
 
Lucien Blackwell West Philadelphia Regional Library
125 S 52nd St 19139 
 
Counseling is provided by SCORE Philadelphia. Reservations are required. Contact SCORE online or call 215-231-9880 to make your appointment.
 
Business Research with a Librarian
 
The librarians of the Business, Science & Industry Department are available for one-on-one research training sessions by appointment.  Our librarians can help you research your industry, learn how to find competitors and demographic information for your business plan by using our databases, as well as acquaint you with our many resources for entrepreneurs.  To schedule an appointment email us or call: 215-686-5394. 
MAKING CONNECTIONS: RECOMMENDED WEBSITES 
 
Online Invoicing Apps for Small Business - This article from Small Business Trends lists 30 of the best applications to help small businesses get invoices or estimates to customers quickly. 
 
Business and Finance Templates - These templates from SCORE will help you set up your bookkeeping documents and much more. 
 
Starting a Business (IRS) - Starting a business?  This is what the Internal Revenue Service says you need to know to keep everything above board. 
 
Hiring a Bookkeeper or Accountant - Not up for all this do-it-yourself stuff?  This article from Entrepreneur Magazine discusses what to look for when hiring a bookkeeping or accounting pro.
Calendar of Events
Business Databases
Bookshelf
 
Keeping the Books
by Linda Pinson

Keeping the Books
......................................


Small Time Operator by Bernard Kamoroff

Small Time Operator

......................................


Small Business Cash Flow
by Denise O'Berry

Small Business Cash Flow

......................................

Accounting and Finance for Your Small Business by James Burton

Accounting and Finance for Your Small Business

......................................

Small Business Savings Plan by Timothy Gase
 
Small Business Savings Plan 
  
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