Upstate Entrepreneur Ecosystem · Empower: Raising the Bar on Financial Statement Readiness Poll:...
Transcript of 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
Start-Grow UpstateYour Business Resource Connection
Survey: Survey closes Saturday, 9/26/20
Videos starting with “where to find funding”: CDFI funders
Information Sources• Events on TATT Website – send your events to
• Previous Webinars and Workshops on the Start-Grow Upstate website
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
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.
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
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.
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
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.
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
.
Presented by
© 2020, Ogletree Deakinswww.ogletree.com
Thank you!
S. Michael Nail
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
Global Entrepreneurship WeekNovember 16 - 22, 2020
Why Celebrate GEW?• Create critical mass of activities• Celebrate our entrepreneur Covid-19 heroes• Continue to momentum
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
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
Thank You!Please stay for additional questions & discussionSee you October 22 at 11am