Business Loans and Economic Development

Where smart businesses go for low cost loans!
5% APR up to $500,000

Saturday, April 20, 2019
   

Long Island Development Corporation

Corporate Office:
175 Engineers Road
Suite 200
Hauppauge, New York 11788

Tel: 1-516-433-5000
Fax: 1-516-433-5046
Email: info@lidc.org
Up Coming Events...

SCWBEC Sponsor Showcase & Luncheon

April 25, 2019

Babylon, NY

9:00 AM

3:00 PM

 

Suffolk County Women's Business Enterprise Coalition (SCWBEC)

Annual Sponsor Showcase & Luncheon

9 am - Noon The Sponsor Showcase

12:30 - 3 pm Luncheon & Keynote Speaker Kathleen King 

 

The Piermont
494 Fire Island Ave
Babylon, NY 11702

 

Luncheon tickets: $55 Early Bird Price until April 10th

Information and registration:  www.scwbec.org or call: 631 468-7050

More info...

LI Hispanic Chamber of Commerce, Inc.

May 17, 2019

New Hyde Park

11:00 AM

2:00 PM

 

14th Annual Latina Hat Luncheon

 

The Inn, New Hyde Park
214 Jericho Turnpike

New Hyde Park, NY 11040

 

Sponsorship & Reservations please call 516 333-0105

More info...

Long Island Association

May 17, 2019

Woodbury

6:00 PM

11:00 PM

 

Long Island Association (LIA)

Annual Awards Gala  

Black Tie:  6pm

Crest Hollow Country Club
Jericho Turnpike
Woodbury, NY 

 

For Sponsorship Packages, Table/Tickets/Journal Ads

and additional information call LIA Gala Office: 631 494-3009 or 3032

More info...

HIA-LI 31st Annual B2B Trade Show

May 30, 2019

Brentwood, NY

9:00 AM

3:00 PM

 

Hauppauge Industrial Association-Long Island

 

31st Annual Trade ShowYour Business Connected
LI's largest B2B Trade Show & Conference

 

Suffolk County Community College Sports & Exhibition Center

Brentwood, New York

 

Information & Registration:  info@hia-li.org  www.hia-li.org

More info...

President's Post - Archive
Boosting The Bottom Line

January 1, 2016

January is a great time to look at boosting the bottom line- by conducting a business health checkup:

  1. Does the business have enough capital to operate? You should periodically and evaluate the company’s cash flow needs. Does it have enough working capital to get through its accounts receivable/payable cycles, business downturns or disasters?
  2. Do you have a sound company? Businesses should review management line of succession. Does everyone understand the lines of command? Do the company’s personnel policies comply with current laws and operations? Prepare a disaster recovery plan.
  3. Do you have a short term and long term business plan? Business planning is the key to success, whether starting or continuing a small business. Setting short and long term goals helps define the work day as well as how to meet the needs of the business in the long run.
  4. Are you thinking expansively about your customer base, suppliers and resources/advisors? In this global marketplace we are no longer restricted to selling locally. You should be seeking customers, suppliers and resources wherever located to best serve your business needs. Markets are diverse- so must your sales methods be diverse: through multiple media (storefront, joint ventures with other businesses, on line through web or social media, etc.)
  5. Does your company have an effective communications strategy? 24/7 availability is necessary in today’s economy especially with global time zones. Fast, reliable communications equipment helps you be responsive to the needs of a widespread customer and supplier base.
  6. Technology up to date?  Your competitors are… Effective competition requires cutting edge technology. You have to be able to respond to the needs of your current and future customers- most of who grew up on computers and the latest gadgets.
  7. Is your company operating as efficiently as possible? Maximum efficiency makes you a lean, mean business, able to price competitively, deliver on time and maintain quality control- all necessary ingredients to a healthy bottom line.
  8. Are you and your employees still learning? Stay on top of trends. Be current in production methods. Use the latest and greatest advice.
  9. Do you have a great support team? Surround yourself with staff, advisors and others who can help you succeed.  Put together a team who’ll give you the best ideas and support.
  10. Are you the best in your field? Being the best means you will be the supplier of choice, regardless of price or location. If you can’t offer the lowest price, offer the best quality, be unique. You don’t achieve any bottom line without loyal customers.
  11. Do you have the five legs of business strength in place? information technology; sales and marketing; operations, finance and human resources. Efficiency in all five legs are necessary to build a strong business foundation and boost that bottom line.

 



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