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Veteran Entrepreneur Finds Success with SBDC Support

February 17, 2025

Nina Pinidi, the owner of Solime Royal Hair, juggles her business, school and breast cancer treatments.

More than half of small businesses are born from someone’s desire to find freedom. Nina Pinidi’s business was born out of necessity.

Her comrades needed products they couldn’t find on base or on deployment, but her morale needed it too after serving 17 years.

She rose in rank to chief petty officer with deployments to Japan, Guantánamo Bay, Algeria, Zimbabwe, Chile and Djibouti before getting sick and having to medically retire.

“I was really in a dark time when I was out because it’s like all of a sudden you’re not needed anymore,” she said. “You don’t have to wear a uniform. No one calls you for advice. No one needs your mentorship, and that literally stops overnight.”

TikTok, RedNote, and DeepSeek: A Quick Privacy Wake-Up Call for Small Businesses

January 30, 2025

By Jacob Blacksten

In an age of viral videos and AI-driven insights, small businesses often jump at the chance to reach new customers through engaging platforms. Yet amidst this excitement, data privacy concerns loom larger than ever. From TikTok’s looming ban to emerging competitors like RedNote and now the controversial AI solution DeepSeek, it’s vital to understand how these technologies handle the sensitive information that can make or break your business reputation.

James Earl Carter Jr.: From Naval Officer to Small Business Champion

January 16, 2025

When James Earl Carter Jr. signed the legislation establishing the Small Business Development Center (SBDC) program in 1980, he drew upon his own experiences as both a military officer and small business owner to understand the vital importance of supporting American entrepreneurs.

Military Service and Business Background

Born in Plains, Georgia, in 1924, James Earl Carter Jr. graduated from the United States Naval Academy in 1946. His subsequent seven-year naval career included service aboard submarines and significant contributions to the nuclear submarine program under Admiral Hyman Rickover. This engineering background and attention to detail would later serve him well in both business and public service.

Prepare for Profits – 2025, Part 2. 8 Ways to Fight the Profit Pinch

December 30, 2024

By Barbara Nuss, CPA
Founder, Profit Soup

In our recent blog, Prepare for Profits – 2025, Part 1: Your Cost Structure May Never Be the Same, I shared my thoughts about how policy and economic changes might impact cost structures in 2025. I stressed the importance of monitoring your 5-Line P&L. This “Part 2” continuation lists 8 things you should do today to help fight the profit pinch in 2025.

1. Accelerate Equipment Purchases

If you have the financial capacity to act early on purchases you would make in 2025 anyway, you might consider stepping up now.

2. Forecast Your Cash Flow

Talk to your accountant about forecasting cash flow under multiple scenarios so you can plan to have adequate cash reserves or credit lines, Establish a cadence for comparing actual results to budgets by the 15th of each month.

Prepare for Profits – 2025, Part 1 Your Cost Structure May Never Be the Same

December 23, 2024

By Barbara Nuss, CPA
Founder, Profit Soup

Many entrepreneurs recall being caught off-guard when pandemic-inspired business interruptions, labor challenges and supply chain disfunction wreaked havoc with cost structures. How could you see that coming? Nobody could. Not the case today. Astute planners contemplating their goals and budgets for 2025 are already factoring in how pending National policies could impact their cost structure.

What Does Your Crystal Ball Say?

A few key uncertainties have me wishing for a crystal ball. One that could see through the post-election politicizing of important topics. I’d know how to predict the cost impacts of changing labor policies, possible tariffs, housing supply and demand, and deportations and immigration’s effect on labor supply. Unfortunately, I do not have such a crystal ball, so I will do the next best thing; guess, and hedge my bets by paying attention and staying nimble.

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