{"id":1492,"date":"2012-03-31T20:03:48","date_gmt":"2012-03-31T20:03:48","guid":{"rendered":"http:\/\/www.shanecampbellcfo.com\/?p=184"},"modified":"2023-10-05T21:05:38","modified_gmt":"2023-10-05T21:05:38","slug":"off-to-the-races","status":"publish","type":"post","link":"https:\/\/www.b2bcfo.com\/shane-campbell\/off-to-the-races\/","title":{"rendered":"Off to the Races"},"content":{"rendered":"<p>The economy is clearly in the early stages of recovery.\u00a0 GDP for last quarter has now been unexpectedly upgraded to 4%.\u00a0 The manufacturing sector has led the way to recovery and is stronger than it has been in some time.\u00a0 Employment, one of the last leading economic indicators, is improving.<\/p>\n<p>Many of my clients, not surprisingly, are seeing incredible opportunities in the market place.\u00a0 But to address these opportunities, they must find capital to finance the acquisition of raw materials (sometimes on a prepaid basis), packaging, labor and marketing.\u00a0 Then a substantial amount of samples must be provided to prospective distributors and\/or end users to obtain market awareness and penetration.\u00a0\u00a0 Traditional borrowing will rarely provide the needed capital for these projects.\u00a0 Most businesses\u2019 balance sheets have been significantly weakened over the recessionary period\u00a0 over the\u00a0last three years, meaning that internal capital is likely unavailable.\u00a0 What\u2019s the answer? Read on.<!--more--><\/p>\n<p>Located in Oakland, California, <a href=\"http:\/\/innercityadvisors.org\/team\/staff\/\">Inner City Advisors (\u201cICA\u201d)<\/a> is a nationally recognized nonprofit organization leading the charge to create good jobs by providing high-impact entrepreneurs and small business owners with expert advice, knowledge &amp; investment to grow their business.\u00a0\u00a0\u00a0ICA seeks growing, socially responsible businesses dedicated to creating quality jobs in their community. It offers pro bono services that include entrepreneurship education, management consulting, professional services and access to smart capital investments from an unparalleled network of business experts and partners.<\/p>\n<p>In 2010, ICA delivered more impact than any previous year, growing 66 innovative businesses, creating and retaining 1,945 jobs and yielding $77 million dollars of inner city wealth. This increased performance is made possible by\u00a0their unparalleled network of funders, partners and advisors, under the leadership of <a href=\"http:\/\/innercityadvisors.org\/team\/staff\/\">CEO Jose Corona<\/a> and <a href=\"http:\/\/innercityadvisors.org\/team\/staff\/\">COO Sean Murphy<\/a>.<\/p>\n<p>In the face of an improving US economy, organizations like ICA will help expedite the economic recovery in the Bay Area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economy is clearly in the early stages of recovery.\u00a0 GDP for last quarter has now been unexpectedly upgraded to 4%.\u00a0 The manufacturing sector has led the way to recovery and is stronger than it has been in some time.\u00a0 Employment, one of the last leading economic indicators, is improving. Many of my clients, not&hellip;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","cybocfi_hide_featured_image":"","footnotes":""},"categories":[16],"tags":[24,30],"class_list":["post-1492","post","type-post","status-publish","format-standard","hentry","category-shanes-really-deep-insights","tag-business-expansion","tag-financing-options"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Off to the Races | CFO Services | B2B CFO<\/title>\n<meta name=\"description\" content=\"The economy is clearly in the early stages of recovery.\u00a0 GDP for last quarter has now been unexpectedly upgraded to 4%.\" 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