Allies for Community Business

Allies for Community Business provides the capital, coaching, and connections entrepreneurs need to grow great businesses that create jobs and wealth in their communities.

About

Allies for Community Business provides the capital, coaching, and connections entrepreneurs need to grow great businesses that create jobs and wealth in their communities. We offer loans between $500 and $100,000 to early, emerging, and established businesses at fair prices. In addition, we provide free coaching to anyone who wants to start or grow a business, and we connect entrepreneurs to trusted partners that can help further.

Services Provided

Capture wealth

  • Sell your business
  • Plan for succession
  • Seek legal counsel
  • Meet investors
  • Update pitch deck

Develop ideas

  • Define products
  • Establish goals
  • Create business plan
  • Create forecast
  • Price products

Find financing

  • Evaluate equity
  • Establish accounts
  • Manage books
  • Analyze needs
  • Apply for a loan
  • Apply for a grant

Formalize structures

  • Register legally
  • Buy or rent space
  • Buy insurance
  • Secure licenses
  • Certify as MBE/WBE

Hire / retain staff

  • Write job specs
  • Implement payroll
  • Draft staff manual

Increase sales

  • Update business plan
  • Join accelerator
  • Develop partners
  • Establish online
  • Improve marketing
  • Update forecast

Optimize operations

  • Prep for wholesale
  • Write handbook
  • Measure operations
Primary Contact
Katie Smith
Address
135 n kedzie ave
Chicago, IL 60612