Pace University
Small Business Development Center
August 2023 Newsletter
Accounting Clinic with NYS Society of CPAs
In late July, the Pace SBDC hosted an informative, online Accounting Clinic in partnership with the New York State Society of CPAs (NYSSCPA). The event allowed New York State small business owners and entrepreneurs to learn through one-to-one, virtual sessions with seven CPA volunteers. During the clinic, clients were able to ask about various accounting-related topics for their small businesses such as tax filing responsibilities and tax minimization strategies. Find out more about the accounting clinic here and schedule an in-person or Zoom session with a business advisor.
NYSBDC State Director Visit
Last month, the Pace SBDC team welcomed a visit from NYSBDC State Director Sonya Smith at our office where she discussed the NYSBDC's goals and mission, learned more about our business advisors, and met with Andrew Flamm, Pace SBDC Regional Director, and Dean Lawrence Singleton of the Pace University Lubin School of Business. Later, Sonya toured nearby businesses that our team has helped, including Da Claudio Ristorante on Ann Street to greet owner Claudio Marini. Next, Sonya donned gloves at Trinity Boxing Club (see image) for a chat and brief lesson with owner, Martin Snow. The tour concluded with a stop at Fort Street Studio where Sonya met owner, Paul Melo. Read more about Sonya's visit.
Fort Street Studio
In 2015, Paul Melo, owner of Fort Street Studio, sought acquisition advice from Pace SBDC business advisor Greg Callender on the recommendation of a friend who had also utilized our small business services. After a few years' pause, Paul reached out again to speak with Greg who helped him conduct a successful completion of the acquisition in 2022. Greg further assisted Paul when he applied for the NYC Small Business Opportunity Fund, and solved bumps in the road to eventually obtaining a small business loan from NDC. Get the details on how Fort Street Studio overcame obstacles.
Nose Best Candles
Pace SBDC client Nose Best Candles gained traction with eCommerce sales during the pandemic and soon established a brick-and-mortar location in East Williamsburg, Brooklyn. Business advisors Rawle Brown and Joe Peterson assisted the founders, Brittany Furnani and Cristian Abbrancati, a Pace University alum, providing them with business planning guidance, lead-generation marketing help, and advice on accessing capital. The business went on to obtain grant money as well as secure a small loan from Ascendus through the NYC Small Business Opportunity Fund. You can learn more about Nose Best Candles' journey here.
New Pace SBDC Brochure
The Pace SBDC has updated its print brochure to highlight the numerous services we provide entrepreneurs all at no cost. It spotlights clients we've helped and lists specialty programs such as obtaining no-cost market research and finding government contract opportunities. Plus, a QR code links to our counseling intake form. On our website's home page, below the fold, find a downloadable PDF of the brochure. Printed copies are available in our office and at in-person events. Take a look at our new brochure here.
New Member of Our Team
We are delighted to welcome Khyla Jhoy Aguirre, our newest Pace SBDC student intern. Khyla Jhoy is an undergraduate student pursuing a degree in Business Management and Arts & Entertainment Management at Pace University's Lubin School of Business. Khyla previously worked as a social media marketing intern helping fashion brands build a strong social media presence, and as a production Intern collaborating on innovative development pitches to TV networks. Her experience in project development and social media will be instrumental in supporting our clients' marketing objectives. Read about Khyla Jhoy and our team here.
Pace University Small Business Development Center
212-618-6655
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New York SBDC is a Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.