National Women's Small Business Month Spotlight: Monika Moss-Gransberry

 

October is National Women’s Small Business Month. COSE is fortunate to have so many inspiring women entrepreneurs within our membership. Today we are highlighting Monika Moss-Gransberry, founder of MKM Management Consulting.

MYB: What are some ways you would suggest people celebrate National Women’s Small Business Month and recognize women who run their own businesses?

Monika: The best thing you can do to honor a woman business owner is to patronize her business and make referrals. It is so important to support women-owned businesses. Women still make about 79 cents to the dollar compared to white men—and it is about 56 cents for women of color.

Women’s Business Ownership Act of 1988 sought to address barriers for women and women of color to business ownership. For instance, until 1988 women could not get a business loan at a bank without a male family member cosigning on their behalf, even if that male was the woman’s son. Last year, the National Association of Women Business Owners celebrated its contribution to the formation of the Women’s Business Ownership Act of 1988 as part of the 30-year anniversary. I started my business in 1987 and bootstrapped all the start-up costs. As an unmarried woman at the time, I would not have been able to get a business loan without a male cosigner. At the time, I didn’t even consider applying as I assumed I couldn’t afford it. That was the limited thinking that I had, along with so many other women. Today, the playing field may not be level, but young women are bolder and more confident in going for their dreams. I am proud to be supporting several amazing young women entrepreneurs through my coaching practice.

MYB: What are some accomplishments you are proud of from your journey as a small business owner?

Monika: I have been in business for over 30 years. I have some client projects that I am really proud of.  There was a period of time when we were doing a lot of community strategic planning that was very participatory. We’d have 100+ residents, grandmothers, young people, business owners, community organizations and more sitting in the same room at the same table, talking about the issues in the community, learning each other’s perspectives, and envisioning the future of their community. Those projects were very rewarding.

Most recently, it has been the community we have been building around our work with Life Mapping and my new book. The Technology of Doing Creating & Being: Engineering the Transformation of Your Life Using Self-Mastery as the Spiritual Blueprint launched in October as a #1 Best Seller on Amazon and makes me proud of the contribution I am making to the world.

 

MKM Management Consulting is about transformation of organizations and the individuals who run them. Helping them to manifest their vision. They help organizations make their vision real through strategic planning, meeting facilitation and leadership coaching. They work with amazing entrepreneurs, governmental agencies, and nonprofit organizations map out their vision and strategy. Through its Life Mapping Community, MKM Management Consulting is creating a supportive environment for like-minded people to progress on their self-mastery journey and transform their lives with the company’s books, courses, live events, and private online groups. www.monikakmoss.comwww.mossgransberry.com.

 

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  • Next up: National Women's Small Business Month Spotlight: Cheryl Perez, President and CEO of BIG-HR

    National Women's Small Business Month Spotlight: Cheryl Perez, President and CEO of BIG-HR

    October is National Women’s Small Business Month. COSE is fortunate to have so many inspiring women entrepreneurs within our membership. Today we are highlighting Cheryl Perez, President & CEO of BIG-HR and Cheryl C Perez Enterprises.

     

    In recognition of October being National Women’s Small Business Month, we talked with COSE member Cheryl Perez, president & CEO of BIG-HR and Cheryl C Perez Enterprises, on the importance of this special recognition and highlights from her career.

    MYB: What are some ways you would suggest people celebrate National Women’s Small Business Month and recognize women who run their own businesses?

    Honestly, there are so many ways that people can recognize women who run their own businesses so these are just a few… but I would recommend that if you know a female entrepreneur, when you see her, just make the effort to tell her what a great job she's doing, pat her on the back, and support her business in some way. A lot of times people think that you have to actually make a purchase in order to support a business, but in reality you can do so many things including give her a referral, recommend her to another person who may need her products or services, share something about her business on your social media profiles, or go on Google or Yelp and give her business a raving review.

    RELATED: Read about another female entrepreneur, Monika Moss-Gransberry.

    MYB: Why is it important for women’s small businesses to be recognized?

    I think it's extremely important to recognize all small business owners because I truly believe that small business will continue to be the driving force behind growth in our economy, and a strong economy equals a strong and healthy community.

    MYB: What are some accomplishments you are proud of from your journey as a small business owner?

    I have had the honor and privilege to receive several amazing awards during my entrepreneurial journey. But I would say some of my greatest accomplishments I am proud of in my journey are being able to mentor and coach other female entrepreneurs on their journeys, being able to employ others and to provide their families with income and a way to live, and growing my business to a point where I could actually offer employment opportunities to others.  Lastly,  I think being able to set a strong example for my daughters and children, in general, on the work ethic it takes to be an entrepreneur and letting them know that they can accomplish anything they set their minds to makes me extremely proud!

    Both of Cheryl’s businesses—BIG-HR and Cheryl C Perez Enterprises— focus on empowering small- to medium-sized business owners on their entrepreneurial journeys as they start, scale, and grow their businesses with support, mentoring, tools, strategies and the education they need to achieve true growth in their businesses. BIG-HR works with small- to medium-sized business owners by focusing in Human Resources and providing outsourced HR services including HR Advisory, onsite HR Support services and training and development. At CCP Enterprises, Cheryl works as a business coach and mentor focused on organizational systems, processes, and capacity building strategies for businesses of all sizes.

     

     

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  • Next up: Networking in the Age of COVID-19

    Networking in the Age of COVID-19

    We’ve seen the art of navigating a crowded room to establish a rapport with a total stranger come to a grinding halt. Learn how to build connections from the comfort of your home through virtual networking.

     

    Sure, it’s much harder to network when most business events are cancelled and we need social distancing. So, let’s look in the rear-view mirror for a change and get back to old-school basics.

    Networking is all about sharing information. In 1982, John Naisbitt defined it in MegaTrends as the “exchange of ideas, information and resources.” That's where it all starts. Nothing new, trendy, high-tech or sexy. 

    That information exchange can be a means to an end or an end in itself. As an end in itself, Joe might be looking for a new accountant specializing in small businesses in his area and Gina might provide contact information for her accountant. The networking process can stop at this information exchange level, as Joe has accomplished his specific information objective.

    RELATED: Coping With COVID-19: A Pandemic Strategy for Your Small Business.

    As a means to an end, that exchange of information could grow into a viable business relationship over time. That relationship could, in turn, lead to referrals, recommendations and new business for both Joe and Gina.

    Networking is also about helping other people or asking other people for help. The two are separate concepts—meeting people who can help you with your goals to learn something to help you work faster, smarter or cheaper. Or, meeting people who you can help to accomplish their goals. It's an “or,” not an “and.”

    That all said, the current pandemic generates a huge amount of information you can seek or share regarding surviving this crisis—best practices for working from home, local and national sources of relief and funding, office sanitizing firms, creative ideas for refocusing your business, and more. 

    Instead of networking with strangers you meet at business events, which we generally recommend, the pandemic suggests you network with people you already know by phone, email, text or virtual meeting. These interactions should be simpler, easier and shorter. You can start with a brief “how’re ya doin” and then seek the information you need. For example, you could ask if they know of business interruption insurance policies that don’t exclude pandemics. A simple exchange of information can follow and end with a suggestion to get together when life is back to normal-ish.

    RELATED: Read more by Phil Stella.

    The longer you practice “virtual networking” the more you might realize that it’s faster, easier, cheaper and potentially better than conventional schmoozing. And the “only network with strangers” concept can come into play virtually by asking people in your network to recommend others they know who you could talk to.

    So, with a little refocused effort, you can successfully network through the pandemic and live to tell about it. 

    Phil Stella runs Effective Training & Communication, www.communicate-confidently.com, 440-449-0356, and empowers business leaders to reduce the pain with workplace communication. A popular trainer and executive coach on writing, communication styles and sales presentations, he is also on the Cleveland faculty of the Goldman Sachs 10,000 Small Businesses program.   

     
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  • Next up: Governor Signs Budget Correction Bill, Ohio’s Business Tax Deduction Restored

    Governor Signs Budget Correction Bill, Ohio’s Business Tax Deduction Restored

     

    Among the key issues GCP was engaged in throughout the Ohio budget bill process and over the course of the last several years was our members’ intent to preserve Ohio’s small business tax deduction, which is utilized by our members for reinvestment back into their companies, workforces, and communities.  Ensuring the proper treatment for a variety of business types, expenses, and investments made by business owners—to support the growth of their businesses—is a crucial focus in deliberations on tax policy.

    On November 6, the Governor signed SB 26 which, in part, reverses provisions that policymakers made in the operating budget bill that required lawyers and lobbyists to pay taxes on all levels of business income, even though all other businesses are exempt on the first $250,000 of income.  SB 26 restores the deduction for those industries reportedly because Ohio tax forms do not require one’s occupation to be listed in the same way that federal tax documents do.  Therefore, SB 26 would also require all taxpayers claiming the business income deduction to indicate on their tax returns the North American Industry Classification System (NAICS) codes associated with each source of their business income.

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  • Next up: Ohio’s Congressional Reps Introduce GLRI Act of 2019

    Ohio’s Congressional Reps Introduce GLRI Act of 2019

     

    Congressman Dave Joyce (OH-14) and Senator Rob Portman introduced identical bills in both chambers of Congress in late July to address the Great Lakes. The Great Lakes Restoration Initiative (GLRI) Act of 2019, which would reauthorize and increase federal funding to protect the lakes, includes nearly 40 bipartisan sponsors from the Great Lakes region.

    The bill extends funding for the GLRI through 2026 and increases funds to $375 million in 2022. The bill also raises funding by $25 million every year until 2026, when it reaches $475 million.

    GCP has led advocacy work of the Great Lakes Metro Chambers Coalition (GLMCC) since 2018—advocating for renewed GLRI funding to protect the lakes, which serve as a major economic force. You can learn more about the work of the GLMCC here.

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  • Next up: Ohio Secretary of State Addresses Small Business Members

    Ohio Secretary of State Addresses Small Business Members

     

    Ohio Secretary of State Frank LaRose kicked off a meeting in which Greater Cleveland Partnership (GCP) small business members regularly convene to discuss public policy priorities for entrepreneurs.

    As Ohio’s chief elections officer, the Secretary of State oversees the elections process and appoints the members of boards of elections in each of Ohio’s 88 counties.  It may come as a surprise to some, however, that the office also attempts to connect new businesses with the kinds of services they may need to make them successful. 

    The office grants entities authority to do business in Ohio.  In addition, the Business Services Division receives and approves articles of incorporation for Ohio business entities and grants licenses to out-of-state corporations seeking to do business in Ohio.  Limited partnerships and limited liability companies also file with the Secretary of State’s Office.  The Corporations Section of the Business Services Division approves and keeps a registry of business names, names and addresses of statutory agents, incorporators’ names, corporations’ charter numbers, dates of incorporation, and the number of authorized shares per corporation.

    To learn more about how to properly file your business in Ohio or update your business’ records, contact the Secretary of State’s Business Services Division.

    As new businesses funnel through the Secretary of State’s system, an overarching goal is to use it as an opportunity to connect the business community with a menu of services related to topics such as access to capital, mentorships, MBE and WBE certifications, etc.

    Last week’s small business meeting also highlighted a recent tax analysis that was commissioned by GCP and remarks were also heard from Cuyahoga County Executive Armond Budish related to investing in entrepreneurship and inclusive innovation.

    Want to learn more about some of the specific resources available to your business?  Visit the Ohio Secretary of State’s business central resource page here.

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