Business Opportunities in a Challenging Marketplace
December 16, 2008
The current crisis in the credit market is hurting businesses at every level. From mom-and-pop stores to industry titans, the ripple effect is being felt throuhgout. Small businesses struggle to obtain short-term loans for the most basic of business operations. And as more banks decline to lend, small businesses are caught in financial limbo, putting on hold plans for growth for fear of taking risks in this difficult market. Read more
Small Businesses: Resilient Economic Bellwethers
November 17, 2008
The federal government has offered a helping hand to AIG, voted to spend $750 billion to cool the hot financial waters created by second mortgage merchants and has given at least $25 billion to save Detroit automakers from bankruptcy. What about the nation’s small businesses?
The tightening credit markets make it harder for small businesses to obtain financing for short-term Read more
The World of Supplier Diversity and Global Sourcing
October 27, 2008
Final of two parts
Compared to other ethnic groups, Asian American entrepreneurs are relatively new to the world of supplier diversity. They have yet to get a full grasp of the requisite processes to successfully do business through supplier diversity programs. They need a practical understanding of the necessity of being certified as a minority-owned business and what processes certification entails. Read more
The World of Supplier Diversity and Global Sourcing
October 14, 2008
Part one of two
Supplier diversity and global sourcing are perhaps two trends in strategic sourcing that continue to gain popularity and positive impact among corporations and the federal government. As key components of the supply-chain management, supplier diversity and global sourcing are procurement processes that seek to improve a company’s purchasing activities, with the goal of sourcing for the lowest total cost and creating Read more
Make Your Business More Visible During Challenging Times
September 18, 2008
In economically sluggish times, increasing your visibility through marketing—especially for small or start-up businesses—may seem counterintuitive. But when conventional wisdom urges that businesses constricted by the economy should cut back on their marketing expenditure, this is the time to go against the grain. Be seen and be heard—while your competitors hibernate. Seize the market and become proactive in finding new clients. Read more
Providing Asian American Suppliers with a Road Map to the Global Marketplace
August 13, 2008
Most current economic indicators point toward a global marketplace that is fast becoming a complex arena with amorphous or often overlapping business boundaries. For many Asian American suppliers, whose lifeline to corporations and the federal government is through supplier diversity programs, the ability to meet expectations from their coveted business partners-in a global economy-could sometimes become stumbling blocks for success. Read more
Blazing the Path for Asian American Businesses to Succeed
July 28, 2008
In May the U.S. Pan Asian American Chamber of Commerce Education Foundation held its flagship event, the CelebrAsian Business Opportunity Conference, in the nation’s capital. As part of continuing efforts to address the challenges small and minority businesses face in an increasingly seamless global marketplace, this year’s theme was “Business Beyond Boundaries: Here & Abroad.”
PepsiCo Chairman and CEO Indra Nooyi served as the Conference Chair, while U.S. Labor Secretary Elaine Chao, U.S. Commerce Secretary Carlos Gutierrez, U.S. Homeland Security Deputy Under Secretary for Read more
Make the Right Business Connections at CelebrAsian ’08
May 20, 2008
Every successful business partnership begins with the right introduction. It can then expand exponentially through strategic business networks — strengthened with the right connections and relationships. During economically challenging times, these vital linkages can be worth their weight in gold, as businesses try to refocus and reposition their products and services. Read more
Asian American Suppliers Sharpen Their Competitive Edge
April 29, 2008
In a slow economy, sharpening one’s competitive edge is often foremost on small business owners’ minds. For some, it could even be requisite for survival. But challenging times can also mean great opportunities — if you know where to look. Read more
How Minority Suppliers Could Ride an Economic Downturn
March 25, 2008
We are in uncertain times, and our immediate future could be more challenging. Minority-owned business enterprises, whose lifeline is largely linked to the success of corporations (and to a lesser extent the federal government), are hit hardest by this somber reality. Read more
Team Up and Go After Big Contracts
February 4, 2008
It’s time to kick off 2008 with new and productive business relationships! Begin by exploring new opportunities through teaming, a process where two or more small businesses join forces to meet the procurement requirements of large contracts from major corporations or the federal government. Read more
Network Your Way to Success!
December 24, 2007
The holiday season is the perfect time to maximize the value of networking — putting your best foot forward, planting yourself on decision-makers’ radar screens, and creating opportunities to nurture existing business relationships or start new ones. Read more
