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HomeMy WebLinkAboutDocumentation_Regular_Tab 01_7/10/2025 Agenda Item #1. Regular Council STAFF MEMO x Meeting: Regular Council - Jul 10 2025 Staff Contact: Mayor Molly Young Department: Council ffwgwm Presentation by the Palm Beach North Chamber of Commerce and Small Business Development Center at FAU This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561- 768-0443. BUDGET • • BUDGET AMOUNT N/A AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A FUNDING SOURCES: N/A IS THIS A PIGGYBACK: ❑ Yes ❑ N/A DID YOU OBTAIN 3 QUOTES? ❑ Yes ❑ N/A COMMENTS/EXPLANATION ON SELECTIONN/A PBN SBDC Flyer Local Business Resource Fiver Page 6 of 369 Agenda . CE ■ PALM BEACH � SBDC CHAMBER OF COMMERCE FLORIDA Division of Research PALM BEACH NORTH SMALL BUSINESS DEVELOPMENT SATELLITE CENTER Empowering Enfrepreneurs and Sfrengfhening fhe Business Community in Palm Beach North The Palm Beach North Chamber of Commerce has partnered with the Florida Small Business Development Center (SBDC) at Florida Atlantic University (FAU). This collaboration is designed to empower small businesses and entrepreneurs with the tools, mentorship, and strategic connections they need to grow and succeed. Together, we're bringing a Satellite Center of the Florida SBDC at FAU to our region—creating a powerful, localized support hub tailored to the unique needs of our business community. Palm Beach North businesses can request the following consulting services: Expert & Tailored Business Access to Capital & Financial Guidance O Resources Targeted Support for Small and Networking & Community Minority-Owned Businesses O Connections Mentorship from Seasoned Resources from Startup to Business Professionals O Expansion Contact Us - sbdc@fau.edu • sbdc.fau.edu Agenda Item #1. NEW BUSINESS CHECKLIST • Write Your Business Plan • Create Your BLAIM Team • Banker, Lawyer, Accountant, Insurance Agent, and Mentor • Determine Your Legal Structure LLC, C Corporation, S Corporation, Sole Proprietorship, Nonprofit • Register Your Business • Register with the State of Florida on Sunbiz.org. • Register with your municipality or Palm Beach County. • Obtain Necessary Tax Information • For Federal Identification Numbers (EINs), apply through the IRS. • For State Sales Tax and State Withholding Tax, visit the Florida Department of Revenue. • Open a Business Bank Account and Identify Sources of Funding Sources of funding can include commercial bank loans, grants, micro-loans, angel investors, venture capitalists, or friends &family. • Consider Insurance Options • Attend Networking Events and/or Join an Industry Association • ' • ' • ' • LOCAL BUSINESS RESOURCE CENTER Powered by the Palm Beach North • - •- • • • - • • • Chamber of Commerce Scan the QR code below to visit the • Local Business Resource Center powered by the Palm Beach North • Chamber of Commerce. Here you will find access to resources such as business •_ ; startup information and networking & ••, •_ educational opportunities. ❑0 AWARD WINNING CHAMBER Local Business Resource Center www.pbnbiz.com Page 8 of 369