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Business Transformation” is the theme for Greater Los Angeles African American Chamber of Commerce (GLAAACC) 2017 Small Business Entrepreneurs Conference on November 1, from 8:00 A.M. – 2:00 P.M. at the LA Downtown Hotel, 333 South Figueroa, Los Angeles.
According to the Bureau of Labor Statistics, fifty percent of all business fail within five years and approximately one third survive the ten-year mark.
There are many reasons why minority businesses fail within the first five years: insufficient capital, inadequate market demand, pricing and cost issues, lacking the right team, weak business model, and inferior product offering.
During GLAAACC’s Small Business Entrepreneur’s Conference business experts will address many of the pitfalls that affect minority agencies.
A panel discussion entitled “Transform your Business Footprint” will outline the steps to sharpen a business’ focus to attract a target consumer, E-Commerce, branding and the benefits of business certification. Executives from Southern California Edison, American Honda and LA METRO will share their expertise.
How to obtain access to capital, cyber security and digital technology will be covered during the “Tools for Transformation” session. This discussion features executives from Merrill Lynch, Wells Fargo and Everett Sands; Netserve; and UCLA Extension.
Conference speakers include GLAAACC Chairman and President of G and C Corporation Gene Hale; Bruce Drew, Senior Supply Chain Manager at Southern California Edison; Sophia Cavalli Senior Inclusion and Diversity Director at Balfour Beatty Construction Services and Jan Perry, General Manager of the Los Angeles Economic Workforce Development.
Gene Hale and Tarrence Frierson will deliver the keynote luncheon presentation. Frierson is the Principal Manager of Supplier Diversity and Development Department at Southern California Edison. He is responsible for managing all aspects of the utility giant’s compliance with applicable rules, regulations and public laws related to small and diverse business.
In addition to the discussion panels and guest speakers, the conference will feature an on-going resource fair throughout the day where attendees can get one-on-one information from Turner Construction, City of Los Angeles, Metropolitan Water District, Los Angeles Metro and many more.
“We want to help business survive the first five years and beyond,” said GLAAACC President Angela Gibson-Shaw. “GLAAACC is proud to partner with Southern California Edison to provide small business entrepreneurs with the tools and information they need to succeed and grow.”
For more information on GLAAACC 2017 Small Business Entrepreneurs Conference visit GLAAACC.org or call (323) 292-1297.