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Renaissance Entrepreneurship Center: Know Your Financials

#SFSBW2017 asked some of our resources to share insights, best practices, and examples of how they help small business owners flourish. Today we hear from Renaissance Entrepreneurship Center.

Tell us about your organization’s mission in one sentence.

Renaissance Entrepreneurship Center (also known as “Renaissance”) provides small business training, access to capital and resources and ongoing support to help small businesses launch, grow and thrive.

What are your organization’s recent accomplishments that demonstrate how you have helped the small business community?

Each year Renaissance serves over 1,600 Bay Area women and men who in turn start and grow more than 600 businesses.

Renaissance is honored to have received the 2017 San Francisco Council of District Merchants Association Small Business Advocacy  Award.

What tools and resources have your organization created to help small businesses tap into new opportunities to reach new customers, increase their revenue, and grow their business?

Renaissance offers comprehensive small business training and support services including intensive classes on the introductory and business planning levels, skill building workshops, affordable profession office and meeting space,  women-focused programs and technical assistance and loan packaging to help entrepreneurs access capital.

San Francisco has been experiencing quite the transformation. What is your organization doing to attract and support new and younger small business owners? What resources do you offer to entrepreneurs and small businesses to get started?

In addition to the above, Renaissance offers monthly women’s networking events, consulting services and industry specific training in the fashion and construction sectors.

Renaissance Entrepreneurship Center sidewalk shopping in San Francisco

San Francisco is known for its diverse culture. How does your organization ensure that the small businesses that make this city unique are able to stay in San Francisco?

Renaissance’s clients are 86% very low to moderate-income and 60% people of color.  Our outreach and training directly reach and serves diverse populations.

What words of advice or wisdom would you like to share with small business owners? 

Create a business plan and review it regularly. KNOW YOUR FINANCIALS

Get out, network and maintain a strong group of supporters and advisors.

Finally, we would love to hear some testimonials.   

“I learned to make goals and achieve them. I learned to be a confident from Renaissance, especially as a woman. I like being a role model for other women in construction and to my children”

– Christina Rosario, ACI Construction

“Renaissance gave me the stepping stones to great things.”

– James Adams, Adams Smoked Meats

“The course (Renaissance Bayview Women’s entrepreneurship training) helped a lot. I feared the legal and financial aspects of starting a business. Through the entrepreneurship classes, I learned business skills and the importance of social media and networking. More importantly, I know my own worth and the worth of my business.”

– Deb Smith, Tea Promenade

 

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