Latino Economic Development Center

Small Business Coach - DC

Washington, Dist. Columbia | Mar 15, 2023
Salary
$52,000 - $52,000
Salary Type
Annual
Job Function
Business Development

Job Description

Position Summary:

LEDC is seeking candidates for a Small Business Coach based in Washington, DC. The position will support the Small Business Development team, assist entrepeneurs to start a small business or grow their existing business and lead Food Related Programs.

Responsibilities:

• Lead Food Related Program, like Food Venture Initiative and Kitchen matching.
• Provide one-on-one advising to aspiring and existing small business owners to help improve their core business skills.
• Identify key problems that clients are unaware their business is facing.
• Underwrite credit building loan applications and provide one-on-one financial literacy to clients
• Help clients navigate the licensing/registration process to start, expand, close, or sell a business.
• Plan and develop training sessions that provide small business coaches with the tools and skills to serve clients successfully.
• Plan and develop group training sessions that provide small business owners with the tools and skills needed to be successful.
• Conduct community outreach to build a strong network of partners and service providers to offer a comprehensive assistance to LEDC’s clients
• Recruit and manage expert consultants, contractors or volunteers that can provide in-depth technical assistance or required services to small business owners.
• Capture client data through intake forms, maintain accurate client records, and collaborate with Program Manager to meet program goals and benchmarks.
• Prepare and submit monthly and quarterly reports for internal and external use.
• Conduct ongoing research about business tools and resources, news that might affect the DC entrepreneurial ecosystem, business licensing, and small business development opportunities.
• Connect clients with other LEDC services and available resources in the DMV.
• Promote LEDC services in different platforms, forums, and events as needed.
• Collaborate with Program Manager in the programmatic planning and execution of SBD programs

Job Requirements

Basic Qualifications:

• At least 2 years of small business experience with a strong understanding of business functions such as licensing/registration, operations, financial management, and marketing.
• Experience helping clients turn their ideas into a formal business.
• Experience working with diverse population, including minorities and immigrants.
• In-depth knowledge of industries such as construction, child development, cleaning, cosmetology and restaurant/catering.
• Experience developing business plans, financials, and educating entrepreneurs on access to capital.
• Excellent communication and presentation skills, with the ability to build trust with small business clients.
• Bilingual in English and Spanish.
• Ability to multi-task, coordinate several projects simultaneously and prioritize deadlines.
• Bachelor's in Business Administration, Economics, Finance, or related field.
• Strong computer skills (Spreadsheets, PowerPoint, Social media, Communication tools).

Preferred Qualifications:

• Experience running a small business.
• Certified financial counselor
• Knowledge of basic business accounting.
• Knowledge of federal regulations pertaining to small businesses

This is a full-time, 40 hour / week position.