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Welcome to our Chamber,
This time we have a great article from Joe Morales entitled “Have I Structured My Business Correctly?”. Joe leads our Legal Committee. This is a very important topic for those of you who are either starting a business or experiencing rapid changes in your existing business. This article is the first of a series of articles relating to the different types of legal entities that can be used when running a business.
As small business is the engine for growth in the US economy, so is it that Hispanic-owned women business is the engine of Hispanic business overall. In the MDHCC, we are extremely proud to have on our Board several very powerful women who are among the top entrepreneurs in our State. The second article provided by Dr. Susanna Nemes explains in detail the goals and objectives of our “Women Entrepreneur Committee”. As the leader, Dr. Nemes is recruiting members to serve on this dynamic committee. For more information please contact her at snemes@socialsolutions.biz.
We would like to mention also the new structure of our Committees and who is leading them. Please feel free to contact them if you would like to join.
Have I structured my business correctly?
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By Joseph L. Morales and Maria de L. Mojica
Legal committee
This is the first in a series of articles relating to the different business entities that can be used when running a business. All entities have different purposes, advantages, and disadvantages. Selecting the right legal entity for your business is important because the type of entity chosen dictates an owner’s degree of exposure to liability, and tax responsibilities, among other implications to the owners of the company. The types of legal entities available in Maryland include sole proprietorship, partnerships, limited liability partnerships, limited liability companies, S corporations and C Corporations. In this installment, we discuss the sole proprietorship and simple partnership forms of business.
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Women Entrepreneurs in the United States
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The growth of women entrepreneurs in the United States has been tremendous. Today, there are 6.2 million women owned firms, employing 9.2 million people and generating sales of $1.15 trillion. A subgroup of women that is dominating in the business growth arena is Hispanic women. |
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Other Events
Minority Contracting Fair
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The University of Maryland, Baltimore (UMB) Biopark and Congressman Elijah E. Cummings , 7th District, Maryland has planned a major minority contracting outreach for the third wet lab-scientific building to be erected on site. This event will be held at 801 West Baltimore Street, Baltimore, MD 21201 at 8:00 am on Tuesday, January 8, 2008.
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Remember to renew your membership for 2008. Click here to start; your support is the engine of our organization. Also, your company banner and contact information could be added in this e-letter. Please call Juan Muñoz our Chamber Secretary for more details at 410-505-5551 or email him at jmunoz@suinversion.com
Feliz Navidad y bienvenido de nuevo a nuestra Cámara de Maryland.
Juan Muñoz
Chamber Secretary
Marketing and Communications Committee
If you wish to stop receiving this Newsletter or if you want to change your email, please contact us at customerservice@mdhcc.org All rights reserved Maryland Hispanic Chamber of Commerce
The Maryland Hispanic Chamber of Commerce
20300 Century Blvd., Suite 175
Germantown, MD 20874
CONTACT US: 240-686-0450 |
New Benefits |
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Spanish speaking dentists
The Maryland Hispanic Chamber of Commerce is in constant search of additional benefits for its members. We have recently added a list of spanish speaking dentists with special offers for our members. Details are in the Members only section of our website.
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Our Platinum Sponsor:
Our Gold Sponsor:
CONTACT US: 240-686-0450
customerservice@mdhcc.org
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