March Small Biz Bulletin

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Small Biz Bulletin - March 2019


Special Secretary Jimmy Rhee

Message from Special Secretary Rhee

Attitude is Everything

Where does success come from? Each individual travels a unique journey, yet there are some universal truths entrepreneurs can apply at every stage of their businesses' life cycle. I have seen this formula many times throughout my career and thought it is worth sharing. I challenge you to think about how your attitude impacts every aspect of your business...your customers, your suppliers, your community, and your success.

Sincerely,

Jimmy Rhee
Special Secretary  

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RSG Honorees 02.28.2019

 

Celebrating Black History Month with
Lt. Governor Boyd Rutherford

Lt. Governor Boyd Rutherford recently presented citations from Governor Larry Hogan to three outstanding business leaders during our Ready, Set, GROW! Procurement Connections Workshop at CCBC, Essex Campus. Over 135 small business owners and entrepreneurs attended the event to join in the celebration of Black History Month, and to meet buyers from state agencies, Baltimore County procurement units, and a variety of resource organizations. CCBC's President Dr. Sandra Kurtinitis and our very own Special Secretary Jimmy Rhee were on hand as well. Congratulations to L. Randolph Brooks, PhD of Brooks and Brooks Services, Inc., Barnett Carroll of Aegis Mechanical Corporation, and Debra Keller-Green of Keller Professional Services, Inc. 

 

Anatomy of a Capabilities Statement

Perfecting Your Capabilities Statement

How good is your capabilities statement? It is a critical marketing piece for any firm that wants to do business in the federal, state, or local government arena. You only get one page to show off your talents and differentiate yourself from the competition,so you your capabilities statement MUST be on point. The content and composition should be thoughtful and intentional. Take a look at the article below for tips on perfecting your capabilities statement. 

Perfecting Your Capabilities Statement

Chess Succession Planning

Succession Planning 

Succession plans are generally associated with retirement, but it's good to have one in place in case anything unexpected happens. No matter when or under what circumstances, having a plan in place will likely reduce any monetary loss that can be experienced when a business undergoes a significant transition. A succession plan reduces the potential for disputes by defining exactly who will take over the business, and outlines the financial terms. Here are some tips for writing your company's succession plan.

Business Succession Planning: 5 Ways to Transfer Ownership of Your Business


Small Business Events

Mark Your Calendar

Most business development takes place outside the office. We maintain a robust calendar of events on our website. It's updated regularly, so be sure to check back often. Here are just a few upcoming events:

03/06/2019 - Prevailing Wage Workshop
03/06/2019 - Vendor Open House/Maryland State Police
03/13/2019 - Introduction to OSHA Recordkeeping
03/15/2019 - Get Business Now!
03/19/2019 - Confidence in Business Relationships
03/22/2019 - Develop a Marketing Plan for Small Business
03/25/2019 - Construction Contractors' Briefing
03/26/2019 - State Procurement 101
03/26/2019 - Contract Cost & Price Analysis
03/26/2019 - Workplace Violence
03/30/2019 - W.O.M.E.N. Conference

Check out our full range of small business events
online at goMDsmallbiz.maryland.gov.