PIDC BLOG

Business Tips & Resources

December 18, 2024

How to Set Impactful Business Goals for the New Year

The beginning of every year is a perfect time to reflect on the past and set a clear course for the future of your business. Whether you’re looking to scale up, refine your operations, or explore new markets or growth opportunities, goal setting is a foundation for success. Setting goals isn’t just creating a list

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Business Tips & Resources

November 21, 2024

10 Ways to Support Small Businesses in Philadelphia This Holiday Season

Supporting small businesses during the holiday season is one of the best ways to give back to your community and find unique, heartfelt gifts that stand out. When you shop local, you’re investing in your own neighborhood and helping local entrepreneurs thrive, while supporting countless local jobs. PIDC knows how important our local small businesses

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Business Tips & Resources

October 24, 2024

Mastering the Holiday Hustle: Tips to Make Your Philadelphia Small Business Shine This Season

The holidays are fast approaching and if you haven’t already, it’s time to start preparing your small business for the busiest shopping season of the year. The holidays are not just a festive time of year—they’re also crucial for small businesses, offering you the chance to boost sales, attract new customers, and strengthen your business’s

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Business Tips & Resources

September 20, 2024

How to Protect Your Philly Small Business from Predatory Lending Practices

Funding is critical to the success and scalability of small businesses. Business owners need access to adequate funding for a variety of needs, including payroll, utilities, inventory purchases, and technology to name a few. Because financing is necessary for business growth, bad actors use predatory lending practices to take advantage of hard working small business

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Business Tips & Resources

August 29, 2024

How to Build an Effective Advisory Board for Small Businesses

Small businesses are becoming the world’s most growing type of business whether people are selling digital products, services, sweet treats, or clothing. The journey of starting and operating a small business is exciting yet challenging. You wear many hats, acting as CEO, accountant, marketer, sales representative, customer service agent—the list goes on.  As a business

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Business Tips & Resources

August 29, 2024

Succession Planning Strategies for Philadelphia Small Business Owners

Philadelphia’s small businesses are the backbone of the city’s economy, providing jobs, contributing to local culture, and driving community development. However, as business owners approach retirement or consider stepping away from their day-to-day roles, the question of what comes next becomes critical. Without a clear succession plan, even the most successful business can face challenges

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Business Tips & Resources

July 18, 2024

How to register as a minority-, woman-, or disabled-owned business in Philadelphia

Obtaining your certifications as a woman, minority, or disabled business enterprise (M/W/DSBE) can help grow your business and open new opportunities including government contracts, procurement programs, and networking opportunities. PIDC supports entrepreneurs and fosters a community that benefits Philadelphians from all backgrounds. That’s why we put together this guide to help you understand and navigate

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Business Tips & Resources

July 18, 2024

11 Low-Cost Marketing Ideas for Small Business Owners

Marketing is critical to the success of your small business. It is often a prospective customer’s first impression and helps your business build awareness, attract customers, and drive sales. Effective marketing allows you to contend with competitors by establishing a strong brand and displaying what makes you unique. Small business owners often neglect marketing because

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Business Tips & Resources

May 29, 2024

Mental Health Matters — Self-Care Tips for Small Business Owners

Running a small business can be demanding. You’re often working long hours and handling a multitude of responsibilities. With so much going on, it can be difficult to prioritize your mental wellbeing. But if you place your mental health on the back burner, it can have damaging effects. A study from Small Biz Silver Lining

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AAPI

May 29, 2024

Resources for AAPI Business Owners

PIDC is committed to helping businesses and nonprofits in every corner of Philadelphia grow, including those that are Asian American- and Pacific Islander-owned or operated. In recognition of AAPI Heritage Month, we compiled a list of resources designed to empower AAPI business owners and nonprofit leaders. These resources are tailored to help you navigate challenges

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Business Tips & Resources

March 20, 2024

7 Tips for You to Succeed in Your Internship With PIDC

As the 2023-2024 school year comes to an end, it is time to start applying for internships. Landing an internship in your desired field of work can help you decide what will be the right fit, improve your skill sets with hands-on experience, expand your network, and gain critical experience in working with a team.

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Business Tips & Resources

February 27, 2024

New Reporting Requirements for Businesses under the Corporate Transparency Act

UPDATE: The United States Court of Appeals for the Fifth Circuit has issued an order pausing the preliminary injunction on enforcing the Corporate Transparency Act (CTA). Reporting requirements and filing deadlines are back in effect and nonexempt reporting companies must file beneficial ownership information before January 13, 2025. New Reporting Requirements for Businesses under the

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Business Tips & Resources

June 28, 2023

Resources for LGBTQ+ Business Owners

Updated June 17, 2024 PIDC is committed to helping businesses and nonprofits in every corner of Philadelphia grow, including those that are LGBTQ+-owned or operated. In recognition of Pride Month, we compiled a list of resources designed to empower LGBTQ+ business owners and nonprofit leaders. These resources are tailored to help you navigate challenges and

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Business Tips & Resources

July 22, 2021

Comprehensive Report Identifies Current Gaps & Critical Steps To Level The Playing Field For Entrepreneurs Of Color In Philadelphia

Local Entities Seek to Address Fundamental Barriers to Wealth Faced by BIPOC-Owned Businesses and Identify Concrete Course of Action Forward PHILADELPHIA, PA — In an effort initiated as one of the priorities in the City’s inclusive growth plan, “Growing with Equity,” and intensified amid widespread calls for racial justice and the COVID-19 pandemic, a team

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Business Tips & Resources

June 18, 2015

TOP TIPS FOR SMALL BUSINESSES

We understand small businesses are the driving force of economic development in Philadelphia and want to ensure they have access to resources to help them grow. Our technical assistance workshops are just one way we fulfill that mission. Over the past few months we’ve held several workshops to bring together entrepreneurs and expert panelists for

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