Any entrepreneur looking to open up a new business, often knows the risk and difficulties a new business undertakes. Senior Vice President and and Chief Financial Officer of Newark Community Economic Development offers financial advice when it comes to starting a business.
This advice is addressed in an interview that was published in an online article. The article discusses the advice of Kevin Seawright when it comes to Newark Community Economic Development as well as what this business’s purpose is in the Newark Community.
Before addressing the article, it is important to recognize some of the accomplishments of Kevin Seawright, which provides an understanding of his background in finance. On one site, it tells of how he has increased annual returns by 25% for businesses. It partly defines his success.
He also has experience as Managing Fiscal Officer of Baltimore’s Commission on Aging and Retirement. His valuable experience in these positions has allowed him to garner awards for his success. One of these awards include being recognized by Notre Dame’s Executive Leadership Program for completing the second installment of the Nonprofit Fund Development Program.
In regards to the article, it begins by addressing Kevin Seawright’s purpose for Newark Community Economic Development. In his answer to an interview question, Seawright tells of how it is (CEDC) Newark Community Economic Development’s goal is to provide loans to small-businesses. Seawright also explains that the CEDC is designed to help every small-group business – women owned, minority owned, or any kind of business ownership. Seawright does not want to exclude any group looking to begin a small business.
Kevin Seawright also specifically details how much CEDC is willing to give businesses. Further on in the article, Seawright also explains the benefits of any small business working with CEDC. Some of which are how employees of small business can file taxes, to business taxes, and finally, financial reporting.
Seawright explains how filing taxes accurately and timely, which is something that small businesses often fail to do. Overall, this article clearly focuses on an influential figure, Kevin Seawright, who has a desire to help every business thrive.