Alumni engagement hosts small business strategies event

By Vanessa Charlot
October 14, 2015

“The office of Alumni Engagement provides opportunities and hosts events for educational, social and career networking pur- poses throughout the year for alumni and the Cabrini community,” Diane Crompton, Advancement Director at Cabrini College, said.

Last Wednesday, Oct. 7, 2015, Crompton and Jackie Marciano, Interim Director of Alumni Engagement, hosted an hour-long presentation, “Small Business Strategies” in Iadarola.

“Small Business Strategies was provided as a resource for those planning or already in business for themselves. Wednesday’s pre- sentation was one in this year- long series called ‘Financial Fit- ness,” Crompton and Marciano said.

Susan V. Boehm, a financial expert, and Randy Hope Steen, a trust, tax, special needs and estate attorney, both experts in their fields, offered their exper- tise on a variety of topics.

Boehm started off the presentation speaking about small businesses.

According to the Small Business Administration, “There are 28.2 million small businesses in the United States.”

Boehm expressed that half of new employer establishments close within the first two years. Bohem spoke about what an employer should do to increase their chance of business.

People who attended the pro- gram were a mix of young business owners to those with 50 plus experience.

Crompton covered protection strategies and said, “an employer should know who will take on their company whether or not your healthy or not.” She discussed plans for personal independence.

“Even though there was insufficient time for in-depth exploration of topics like how to retain key employees, the importance of a succession plan, options for insuring and providing benefits for owners and employees, the presenters raised issues that business owners may be grappling with and seeking answers to, encouraging them to seek guidance from trusted advisors,” Crompton and Marciano said in an email.

“The next program is titled, ‘Planning Your Goal Escape: Retirement.’ It will be geared for all ages and all stages of careers, regardless of how close or distant one’s retirement is,” Crompton said.

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Vanessa Charlot

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