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Record Details:
Good Work Network
Organization: Economic Development AssistanceFacility Type: Walk-in Resource
Status: Open
Address:
1824 Oretha Castle Haley Blvd
New Orleans, LA 70113
| Region: | Gulf |
|---|---|
| County/Parish: | Orleans |
Main/General Business Number: Phone: 504.309.2073, Fax: 504.539.9289
Website: http://goodworknetwork.org/
Mission: The Good Work Network, a 501(c)(3) organization, was established in the fall of 2000 to help economically disadvantaged individuals and businesses increase their income and wealth by acquiring the skills and resources necessary to participate more fully in self-employment and micro enterprise opportunities available in the mainstream economy. GWN provides training, technical assistance, and management support services to low income and disadvantaged micro entrepreneurs and to non-profit organizations. Good Work Network has served as managing partner in a U.S. Small Business Administration Business LINC program that linked small and large businesses in the greater New Orleans area. It served as the New Orleans area service provider for the Louisiana Department of Economic Development TANF Micro Entrepreneur Development Program and the small business case manager and training provider for the Individual Development Account (IDA) Collaborative of Louisiana. Good Work Network also facilitated the establishment of the MicroEntrepreneur Collaborative of Greater New Orleans whose mission is to help micro entrepreneurs network, collaborate and share resources. Good Work Network has recently been awarded a U.S. Small Business Administration PRIME grant to provide training, technical assistance, and administrative support services to low-income and disadvantaged micro entrepreneurs in the greater New Orleans area.
Eligibility For Services:GWN services eight parishes, including: Orleans, Jefferson, St. Bernard, Plaquemines, St. Charles, St. James, and St. John the Baptist.
This organization provides Temporary or Permanent Service? Temporary
Notes:
Population Served: Clients are 90% female, 88% African American, 85% low-income, 1% physically handicapped. The median age of clients is 36 and the average household income pre-Katrina was $16,584.
Accomplishments
From 2003 to 2005, GWN provided low-income and disadvantaged micro entrepreneurs with 5,035 hours of training; provided credit counseling to 143 individuals; assisted with the development of 93 business plans; and acquired 63 Small Business IDA’s and 11 Micro Loans for its clients. A total of 66 businesses owned by low-income micro entrepreneurs were started or strengthened. The Management Support Services program that provides back office support and accounting to clients services was started in mid 2005 and provides clerical and accounting services to several micro enterprises and non-profit organizations. In 2005 Good Work Network helped the MicroEntrepreneur Collaborative of Greater New Orleans put on four workshops for its clients and publish three newsletters. A list of the micro entrepreneurs whose businesses were strengthened through the programs of Good Work Network is provided in the Successes portion of this web site.
Programs/Service:
Accounting & Bookkeeping
These services include a wide range of accounting and book keeping functions such as setting up accounting and record keeping systems; maintenance of the company’s general ledger; bank reconciliation; sales and payroll tax assistance; financial statements preparation; financial statement analysis; cash flow projections; budgeting; QuickBooks training; and others.
Credit Counseling
After review of the client’s credit reports, a credit action plan is developed to establish, repair or improve credit; the participant’s progress is monitored through periodic checkups.
Training Programs
Training programs include Financial Education (a 12 hour course on personal money management); Entrepreneurship Training (a 25 hour course covering business concepts and business plan construction); Personal Effectiveness Training (a 10 hour course on personal development skills); Quickbooks Tutorial (an 8 hour course teaching business accounting using QuickBooks software); and other specialized training classes as deemed appropriate.
Management Support
One-on-one technical assistance and counseling is available to clients in areas such as business plan writing, legal and tax startup issues, design of record keeping and accounting systems, loan packaging, marketing strategy development, marketing material design, etc.
Administrative Support
Secretarial and clerical services are available for document preparation and handling. Access to computers, copiers, and fax machines is also available.
Market Access Assistance
Microentrepreneurs that meet certain business capacity standards are linked to business and individuals interested in doing business with a diverse group of suppliers.
Capital Access Assistance
Qualified individuals are referred to New Corp, Hope Credit Union, or conventional lenders for loans and/or enrolled in available IDA programs. Good Work Network is a technical assistance provider for the U.S. Small Business Administration.
Microentrepreneur Network
Good Work Network works closely with the MicroEntrepreneur Collaborative of Greater New Orleans. This organization is dedicated to giving low-income and disadvantaged micro entrepreneurs the opportunity to network.
Created At: Fri Apr 25 21:03:32 +0000 2008
Updated At: Wed Sep 24 23:08:27 +0000 2008
Updated By: LTel
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