Upstate Entrepreneur Ecosystem · Empower: Raising the Bar on Financial Statement Readiness Poll:...

Upstate Entrepreneur Ecosystem2020 WORKSHOP I I IC WEDNESDAY, SEPTEMBER 23, 2020

SERIES SPONSORS

Connect: Post in Chat• Your name• Your organization

•What do you most look forward to in the fall?

Why?To increase the Ecosystem’s

- ability &

- capacity Entrepreneurs be more- successful - faster

Who? Anyone or any entity that supports

entrepreneurship & the many different types of entrepreneurs

Anyone who has started, is starting or growing a venture that provides a product or service and plans to produce revenue

(Inclusive of all people)

Who is an Entrepreneur?

Today’s Activities: Best Practices

• Connect• Learn• Empower

people + culture = everything

TRUSTThe Entrepreneurial Ecosystem Playbook, Draft 2.0, 2018, The Kauffman Foundation.

2020 WorkshopsQuarter 2

June - Digital Audits & Support During Covid-19

Quarter 3July - Financial Statement Preparedness

August - Entrepreneur Resiliency: support tools

September 23 - Global Entrepreneurship Week

Quarter 4October 22 – Mentoring Types & Differences

November – No Meeting; GEW

December – Legal Best Practices with Ogletree Deakins

Empower:Raising the Bar on Financial Statement Readiness

Poll:•Have you started asking to see your entrepreneur client financial statements?

•If your clients needed a loan today, would their financial statements be ready?

Announcements

•Celebrations•Events•New Programs•Entrepreneur Successes

September 15-16 and 29, 2020 – Virtualhttps://www.youtube.com/watch?v=a7oQJteZn48&feature=youtu.be

https://www.youtube.com/watch?v=a7oQJteZn48&feature=youtu.be

Start-Grow UpstateYour Business Resource Connection

Survey: Survey closes Saturday, 9/26/20

Videos starting with “where to find funding”: CDFI funders

https://www.surveymonkey.com/results/SM-RVLNPJ9B7/

Information Sources• Events on TATT Website – send your events to

[email protected]

• Previous Webinars and Workshops on the Start-Grow Upstate website

www.StartGrowUpstate.org

mailto:[email protected]

https://www.tenatthetop.org/event-calendar/

http://www.startgrowupstate.org/

Learn: Legal Minute with Michael

.

Presented by

© 2020, Ogletree Deakinswww.ogletree.com

Onboarding – Part 1

S. Michael Nail

Atlanta / Austin / Berlin / Birmingham / Boston / Charleston / Charlotte / Chicago / Cleveland / Columbia / Dallas / Denver / Detroit (Metro) / Greenville / Houston / Indianapolis / Kansas City / Las Vegas / LondonLos Angeles / Memphis / Mexico City / Miami / Milwaukee / Minneapolis / Montréal / Morristown / Nashville / New Orleans / New York City / Oklahoma City / Orange County / Paris / Philadelphia / Phoenix / PittsburghPortland (ME) / Portland (OR) / Raleigh / Richmond / Sacramento / San Antonio / San Diego / San Francisco / Seattle / St. Louis / St. Thomas / Stamford / Tampa / Toronto / Torrance / Tucson / Washington, D.C.

Last Time

n Families First Coronavirus Response Act (FFCRA)l EPSLl E-FMLA

n CARES Actl PPPl Unemployment

n Workers’ compensation presumption lawn Possible liability protectionsn Best Practices – How to Keep Employees Safe and Applicable Guidelinesn What happens if an employee gets sick?n COVID-19 Liability Waivers


Employees v. Independent Contractors

l Differencesn ICs do not have rights to many employment benefits (i.e. workers compensation)n Employer is generally not responsible for the negligent acts of an IC

l How to Distinguishn Very fact specific

n Factors:

n(1) right to control; (2) equipment; (3) method of payment; (4) right to fire

l Agreements?n Helps, but not dispositive

l Problems with Misclassification


Offer Letters – Legal Considerations

l Stick to specifics (i.e. pay structure, benefits, position offered)l Set forth the conditions of employmentl Ensure company documents are consistent with offer letterl Avoid dangerous terminology or time framesl Stress employment-at-will


Offer Letters – Legal Considerations, cont.

n If the candidate has existing restrictive covenant, require a separate acknowledgment:l Return of all confidential informationl Prohibition on use of prior employer’s confidential informationl Individual will not breach existing obligationsl Individual will contact company representative with questionsl Consequences of breach

Empower:Celebrating Your Entrepreneurs During GEW

Poll:Are you planning to celebrate your local entrepreneurs during GEW?

Global Entrepreneurship Week November 16-22, 2020https://genglobal.org/gew/about

https://genglobal.org/gew/about

Global Entrepreneurship WeekNovember 16 - 22, 2020

Why Celebrate GEW?• Create critical mass of activities• Celebrate our entrepreneur Covid-19 heroes• Continue to momentum

https://www.genglobal.org/gew

Learn:Bryan Davis, Managing Director, Furman Innovation and EntrepreneurshipAndrew Burkemper, Ph.D., Director, Center for Leadership and Entrepreneurship, Coker UniversityEllen Bateman, Director for US Ecosystems at Global Entrepreneurship Network

https://www.linkedin.com/in/bryan-davis-71103214/

https://www.linkedin.com/in/andrewburkemper/

https://www.linkedin.com/in/ellen-bateman-776a1159/

Promotional ResourcesGEW Week Government Proclamation Template

GEW Press Release Template

List of Upstate Media Contacts

Links to GEW online resources, including SC GEW logo & I’m an Entrepreneur Campaign

Events Promoted on UpstateVibe365 Calendar

Social Media Liking and Sharing

Hashtags

Staying Connected•Send your events to Justine: [email protected]•Send your GEW events to GEW online calendar and Justine

mailto:[email protected]

Thank You!Please stay for additional questions & discussionSee you October 22 at 11am

Upstate Entrepreneur Ecosystem · Empower: Raising the Bar on Financial Statement Readiness Poll:...

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