respond you repair your reputation i agree. let s move on to the next one about finances. when should business owners think about debt and versus equity. a lot of times our culture encourages business owners to think about venture capital. we applaud everyone that ratzs lots of money but is that necessarily the right thing for all businesses? slava, how did you think about this? i mean, trying to raise money is not the right idea for all businesses. i think it s really important to understand what kind of assets you have and what kind of growth rate you re trying to accomplish. i do think often taking a loan or some sort of debt can be smart especially if you have assets and are looking for a slower growth rate. looking to get venture capital is a big undertaking and i don t think that needs to be the holy grail. on a side note it s going to be exciting now that the jobs act has been signed. there will be an opportunity for equity crowd funding how to raise capital. what do y
an e-mail like a personal e-mail instead of your company e-mail so it doesn t get flagged to be able to keep track of things. join an industry association. where you re going to come in contact with other people in the industry. following just press clippings alone by a lot of companies that are in your sector are going to tell you what they are doing and you can decide whether you want to follow some of their leads or you want to keep an eye on and see if it s viable and has legs as you said. okay. it was great to see both of you. thank you so much. good luck with your new baby, slava. thank you for taking the time to come in and talk to us. good to see you, too, david. thanks for joining us. if you missed anything head over to our website, it s open forum.com/your business, we will post all of the segments plus a lot more information to help your bills grow. you can follow us on twitter. @msnbc your biz and facebook and stains gram as well. next week it is our very special small
way up to probably the 20th of december and still have a plan in place by january 1. thank you for coming on and reminding us all at the least i hope everyone talks to their insurance broker. thank you. and stick around because when we come back, david is joined by slava ruben to talk about what to do when a former employee slams you on social media. this is more than just a town. this is our home. and small business saturday. is more than just a day. it s our day. to shop small at the places we love. with the people we love. for stuff we can t get anywhere else. and food that tastes like home. because the money we spend here. can help keep our town growing. on small business saturday, let s all shop small. for the neighborhood,
some of that. building on top of it i would say if it s random trolling comments i would probably stay away from it. if they are trying to establish some facts that seem to put your company up der, it s important to have responses. you don t have to directly respond to the commenter but rather so the future readers, this is going to be archived a long time, understand what the company has to say. there s also organizations that can help in regards to this management of reputation. and that is a potential as well. sounds like you deal with it in many ways the same way as you would a customer. right. so as you are saying if it s random trolling comments don t respond. but if it s something where it s going to undermine you, you should respond. and i think slava, the key word there is opinion. it s when it s opinion based, and it just is more about disgruntled employee, one thing. when it s opinion based but starts to attack the business and there is constructive way to
hi there everyone. i m jj ramberg and welcome to your businesses about. the show dedicated to helping your small business grow. as a lot of us know getting customers to support our local small businesses rather than shop at big box stores can be hard sometimes. now imagine the difficulty merchants and local officials face during and after the civil unrest in baltimore earlier this year. in the highland town community folks came together and foster add shop local attitude which was the key to rebuilding and getting back to business as usual. in april 2015, all eyes were on baltimore as protests of the police mistreatment of freddie gray turned violent and riots broke out. businesses across the city were affected, either from looting, damage, or citywide curfews that kept shoppers off the streets out of the stores. highland town a neighborhood with a large latino population and growing arts community didn t see the riots but definitely felt the effect. everything around here