Benefits
1. As
an LEDC member you will contribute to the economic development of the Latino
Community in Minnesota. Your new business can create new employment within the
community. Your membership in LEDC will also help the creation of new market
communities and Hispanic business associations.
With your support, the LEDC can
promote changes in law that are more just, promote the development of our
community, and remove barriers in order to have access to business opportunities
and strengthen existing businesses.
2. We offer members of LEDC twenty
hours of technical assistance while starting a new business, or during the
expansion of one already existing, through advice in the following areas
(applicable to membership levels 4 and 5):
- Leasing Contracts Negotiation
- Business Purchase or Rent Negotiation
- Business registration to the Secretary of State
- Accounting systems establishment
- Assistance regarding state permits and licenses
- Assistance during diagram elaboration (if it is required)
- Internet investigation of providers and distributors
- Searching for potential providers
- Assistance with loan packages
- Assistance with a business plan
- Assistance with cash flow projections
- Assistance with marketing
- Analysis of financial situations
- Establishing a partnership
- Partnership's dissolution of companies
3. We
also offer a discount for every additional hour of assistance (applicable to
membership levels 4 and 5).
4. There is also a possibility of
getting pro-bono legal assistance, dependent on your annual revenues and the
type of cost (applicable to membership levels 4 and 5).
- Analysis of leasing contract
- Corporation's establishment
- Corporation's breakup or amends
- Purchase agreement
5. We
offer courses and workshops about business administration without any cost or
with a discount (applicable to membership levels 4 and 5).
6. The possibility of being nominated
for various recognition awards.
7. Finally, we offer inclusion in our
electronic directory where diverse clients can find information in regards to
your business.
LEVEL
1:
HONORARY
Cost: $50, annually
Eligibility: Any individual or group interested
in supporting the activities of economic development conducted by Latinos in the
state of Minnesota.
LEVEL
2:
NON-PROFIT
Cost: $100, annually
Eligibility: Any non-profit organization with
interest in development activities in the community, including the members of
the Latino community in Minnesota.
LEVEL
3:
REFERENCES
Cost: $200, annually
Eligibility: Established businesses of more than
3 years, service providers, or other Latino businesses. Services: Solely
referrals. Members in this category do not receive additional services by LEDC.
Clarification: Latino Economic Development
Center (LEDC) does not
guarantee the quality of service provided by these referrals and the agreements
made between members and non-members of the organization. We recommend that
multiple references be sought prior to entering into a contract or service
agreement with any service provider or business, regardless of LEDC
membership.
LEVEL
4:
MICRO-ENTREPRENEUR
Cost: $200, annually
Eligibility: Any person interested in starting a
business, those in the first 3 years of the business opening phase, or
businesses within the first three years of establishment.
Services: Up to 20 hours of technical
assistance in the particular areas that LEDC offers
programs.
LEVEL
5:
ESTABLISHED
BUSINESSES
Cost: $300, annually
Eligibility: Any individual conducting business
activities with more than three years of operation or any business with more
than three years of operation.
Services: Up to 20 hours of technical
assistance in the particular areas that LEDC offers
programs.
.