Job Information
Arab Community Center for Economic and Social Serv Business Development Coach in Dearborn, Michigan
Business Development Coach
Department: Workforce Development
Location: Dearborn, MI
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Job Title: Business Development Coach
Job Status: Full-time
Bilingual: Arabic preferred
Job Summary: Under general supervision, the Business Development Coach uses specialized knowledge of entrepreneurial challenges and needs to provide encouragement, support and individualized coaching for entrepreneurs, micro-entrepreneurs, and small businesses. Assesses business, evaluates goals and objectives, and provides guidance in establishing business and strategic plans. Works collaboratively with other program staff, partner organizations and business consultants to help clients establish and grow their business. May provide guidance and support to small businesses seeking to optimize their financial strategies and access the necessary funding for growth and development.
Essential Duties and Responsibilities:
Assess and completes an initial review process of client-s current business structure and direction
Assist clients with the formulation and completion of goals, and techniques, creation of a strategic plan and the establishing, writing and/or enhancement of a structured business plan
Provide clients with information and referrals to various programs including training, partner services, mentoring relationships, and other services based on establish goals and objectives
Follow up on the various services the client was referred to ensure participation, measure outcomes, and monitor program compliance
Ensure that information on activities and services is collected and documented for accurate and timely reporting as required by the agency and funding sources
Meet all reporting requirements for all funding sources
Assist with identifying and recruiting business owners and entrepreneurs to the program
May provide one-on-one coaching to small business owners, offering comprehensive guidance on financial planning, budgeting and strategic financial planning
May conduct thorough financial assessments of client businesses to identify areas for improvement and potential opportunities for growth
May assist small business owners in navigating the application process for SSBCI Funding, ensuring that all necessary documentation and requirements are met in a timely and efficient manner
May develop and conduct workshops, webinars, and training sessions to educate small business owners on financial literacy, funding options, and best practices for maintaining financial health
May establish and maintain strong relationships with financial institutions, government agencies, and other relevant stakeholders to stay informed about funding opportunities and to advocate for the needs of the small business community
Operate standard office equipment and use required software applications
Perform other duties and responsibilities as assigned
Knowledge, Skills, and Abilities:
Knowledge of:
Business planning and development challenges and effective measures to overcome obstacles
Strategic planning tactics and techniques
Skill in:
Demonstrate an in-depth understanding of various funding options available to small businesses, with a specific emphasis on SSBCI funding
Keep abreast of the latest developments and changes in the SSBCI program guidelines
Proficiency in financial analysis tools and software
Operating standard office equipment and using required software applications for program area and other applications, including Microsoft Office
Ability to:
Establish specific, measurable, attainable, realistic, and time-specific goals and objectives
Incite enthusiasm; influence, motivate and persuade others to achieve desired outcomes without organizational authority
Partner with other functional areas to accomplish objectives
Facilitate meetings and ensure that all viewpoints, ideas, and problems are addressed
Objectively gather information, identify linkages and trends, and apply findings to assignments
Organize and prioritize multiple tasks and meet deadlines
Handle stressful situations and provide a high level of customer service in a calm and professional manner
Communicate effectively, both orally and in writing
Maintain confidentiality of agency and client information
Ability to understand and speak Arabic or other language of the predominant service population preferred
Continuously monitor the financial progress of client business and provide ongoing support and guidance to ensure the effective implementation of financial strategies and the achievement of desired outcomes
Analytical mindset and strong problem-solving abilities to assess complex financial situations and provide strategic solutions
Educational/Previous Experience Requirements:
Minimum Degree Required:
Bachelor-s degree
Required Disciplines:
Business Management, Accounting, Finance or related field
or
Demonstrated successful experience establishing start-up business or operation or any equivalent combination of experience, education and/or training approved by Human Resources
Licenses/Certifications:
Licenses/Certifications Required at Date of Hire: None
Working Conditions:
Hours: Normal business hours, some additional hours may be required
Travel Required: Local travel between ACCESS facilities in Wayne and Macomb counties may be required.
Working Environment: Climate controlled office
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