In the short amount of time that I’ve had the privilege of working with MBDA, I’ve been thoroughly impressed with all of your hard work and dedication. I’m inspired by all the great achievements that we’ve accomplished this year and the continued diligence and commitment I see on future endeavors.
This year was a very successful year for job creation, economic growth and entrepreneurship within the minority communities, and I’m proud to say that all of you played a vital role in this upward trend. Despite facing many challenges, you continue to step up to the plate and face these challenges head on. As a small MBE owner before my arrival at MBDA, I have personally dealt with the difficult barriers that MBEs face in order to survive and hope that my experiences will make MBDA a better resource.
Created on December 17, 2014
The landmark joint partnership between the Harvard Business School and the U.S. government, created to give businesses access to new tools to compete in an increasingly competitive global economy.
How does it work? In short, the project uses over 50 million open data records to identify “clusters” of related industries that can be hubs of innovation, jobs, and private investment.
How does it benefit businesses and communities? The cluster mapping tool helps "promote America's clusters and provide businesses and organizations with the data and strategies they need to capitalize on their region's assets," says U.S. Secretary of Commerce Penny Pritzker.
Created on December 17, 2014
Too many people try to start a business without first developing a clear roadmap for the journey ahead, making success that much harder. Don’t be one of them! This month is National Write a Business Plan Month and we’re here to help you get started with six steps to writing a solid business plan.
Looking for more help? Check out this step-by-step tool for writing a business plan.
Also, MBDA’s Business Plan Writer is a free and easy tool that lets you to create your business plan online. Our business plan writer gives you tips along the way, allows you to create multiple versions or different plans for different concepts, and saves your work! When you are ready to print, just print your plan from the software and you are ready for the next step!
Created on December 16, 2014
Don Aberle has one piece of advice for companies looking to export: Commit to it.
It may take time, but the marketing manager from Titan Machinery Outlet says that commitment can pay off, and “good things will happen.”
That’s the theme of a new video from the Commerce Department’s International Trade Administration (ITA), which provides tips from successful exporters about how a company can become a global player.
Created on December 12, 2014
The Affordable Care Act (ACA) contains several tax provisions that affect employers. Under the ACA, an employer’s workforce size is significant because this information determines which provisions apply.
The IRS is conducting an information campaign to educate taxpayers about some of the basics of the ACA. This campaign will include health care tax tips, YouTube videos and expanded ACA web pages on IRS.gov.
Determining Workforce Size
An employer’s size is determined by the number of its employees.
An employer with 50 or more full-time employees or full-time equivalents is considered an “applicable large employer,” or ALE, under the ACA.
For purposes of the employer shared responsibility provision, the number of employees a business has during the current year determines whether it is an ALE the following year. Employers make this calculation by averaging the number of employees they had throughout the year, which takes into account workforce fluctuations many employers experience.