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Member Perspective: Joan Chrestay

Posted Friday, August 4th, 2017

Member News, Member Submitted, Newsletter, Action Teams, Middle Market, Education & Talent

Guest Commentator: Joan Chrestay, Executive Director, 10,000 Small Businesses, Community College of Philadelphia @PHL10KSmallBiz

What are the essential tools that small business owners need in order to grow in the Philadelphia business community?

First and foremost, successful entrepreneurs are creative thinkers who know how to develop a concept and get a business off the ground. That is where the similarity often ends.

The educational background of entrepreneurs varies from high school to doctoral degrees. They may or may not have taken business courses or obtained an MBA. Even if they have been in business for multiple years, they may or may not be effective as a manager, or be familiar with legal and Human Resources policies that could have an impact on their business decisions.

The owner may not fully understand his/her finances, and may not have access to the capital needed to grow his/her business. This is where the Goldman Sachs 10,000 Small Businesses – Greater Philadelphia program makes a difference.

The 10,000 Small Businesses program at Community College of Philadelphia has been in operation for more than four years, and more than 320 business owners from diverse racial and cultural communities have completed this 14-week, part-time program to develop a growth plan for immediate implementation.

What is so special about this program? With a 99% graduation rate and 67% of our graduates reporting financial growth within six months, our alumni say it is transformative. It takes you from working in your business to working on your business in a welcoming environment with subject expert faculty and peer learning. In addition, each scholar is assigned a business advisor who works with them on a one-on-one basis to develop a focused plan for growth.

By taking advantage of this state-of-the-art resource, you can jumpstart your dreams for growth with the support of a team of like-minded colleagues which are available through a network of 10,000 Small Businesses alumni throughout the region and country.

This program is available at no cost to qualified business owners in the region who have been in operation for two years, generating at least $150K in the most recent year, with at least 4 employees.

For more information please visit: www.ccp.edu/10KSB; apply at www.10ksbapply.com or call 267-299-5900 for additional information.

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