"ASMW Inc. is helping people start and run their own Micro business" said Namso Akpan, Executive Director of the organization in Atlanta.
A Micro Business has 5 or fewer employees, including the owner, and generally requires less money to start up.
Namso said, "our ability to reduce the local unemployment rate lies with our focus in developing and supporting micro businesses as the major catalyst for generating local jobs. ASMW Inc. will begin providing technical assistance, financial support and training to low income Atlanta residents planning to start and operate their own businesses."
EXAMPLES OF MICRO BUSINESSES
[1] Home-based businesses in which all or most of the work is performed at or from the owner-operator's private residence.
[2] Business where general administrative tasks are done at home, with work being completed at various sites. Examples include painters, plumbers electricians etc.
[3] Franchises include food chains, cleaning businesses, pet grooming and lawn mowing/gardening franchises.
[4] Businesses include takeaway corner shops, small restaurants, alteration services, farms and a bunch of other services..
[5] Independent contractors including builders, caterers and personal trainers.
The Lantawood Micro Business Program [LAMB] is a 7 months "hands on" opportunity to turn one's dreams into reality. The Program consist of 3 segments.
Segment 1- Planning and Promoting and Getting Money (1st - 3rd month)
Our "gifted" business counselors will work with you to develop an individual plan, taking advantage of our flexible services and referrals to many other opportunities. We help with entrepreneurial readiness assessment, business feasibility assessment, networking, accounting, Business Planning, record keeping and research. Financial management, While promoting your business plan and our industry, You will learn:
What it takes to be a successful entrepreneur How to select the best business concept How to develop and test your business concept How to select the best business entry option How to fund your business without taking a loan
Segment 2 - Business Launch-(4th month):
As participants launch their businesses, it becomes important to learn:
How to organize and set up your business How to manage your business How to hire and train your employees How to research and market your business And the legal stuff you need to know!
Segment 3 - Business Growth-(5th - 7th month):
Now that your business has been launched, it must be nurtured to grow and bare fruit. The participant learns- How to keep your financials in order.
Networking with other entrepreneurs
How to advertize and market the business How to get your business ready for expansion.
How to get started (read all)-
1. The first step is to sign up as an Lantawood Volunteer <http://www.lantawood.org/volunteer.html> . Remenber to select [Promotions/Sales].
2 Successfully complete one week (5days) as a "Paid Volunteer" and you will be eligible to register for the Lantawood Micro Business Program (LAMB)
NOTE: A "Paid Volunteer" is a volunteer who earns an income from the revenue they generate from their volunteer efforts.
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