News from the Reference Desk Category: Economic

December is National Write a Business Plan Month

Whether you’re an entrepreneur, budding small business owner or seasoned veteran of owning your own business, one thing you’ll definitely appreciate is the importance of having a solid business plan. Just in time for December–National Write a Business Plan Month–MPPL is here to help. Check out our collection for books on writing business plans, or dive right in by accessing Gale Small Business Builder from our list of web resources! GSBB is a user-friendly database that walks you through a step-by-step process for writing a business plan. It even works in tandem with related Gale Business databases to help you create a comprehensive plan designed for whatever your business, from retail to consulting and beyond. Try it this month and check out this video tutorial!

Does Your Business Have a Disaster Recovery Plan?

Even with ample warning, no business owner can truly anticipate the extent to which a disaster may impeded their business’ ability to get back to normal after the crisis is over. According to the Federal Emergency Management Agency (FEMA), up to 60% of small businesses never reopen their doors after a disaster. One way to improve the odds is by having a Disaster Recovery Plan. Read more about it and download a Disaster Recovery Plan template created by experts at Purdue University Global here.

Get Help from the Small Business Administration

If you’re a small business owner or entrepreneur with a great idea, you may be looking for resources to help answer some of the many questions you most likely have. Well, the Mount Prospect Public library is here to help–with a little assistance from the Small Business Administration (SBA)! The SBA is the government agency tasked with providing information and programs dedicated to assisting small businesses, and one of the best is their yearly Small Business Resource Guide. Inside you’ll find info on everything from how to start a business and writing a business plan to programs designed to help veterans and native Americans, as well as funding sources. Just click above or HERE to get started, or grab a paper copy from the Business Resource Center behind the Research desk. And if you need help navigating this or other business resources available at the library, MPPL Business Reference Joe Collier is available for one-on-one reference appointments–just email or call the library to set one up!

Protecting Seniors from Scams in Assisted Living

Financial fraud and exploitation of seniors seems even more rampant than ever. This population, more vulnerable than others due to an uneasy relationship to rapidly changing technology in the internet age, is often targeted by those unscrupulous folk looking for an easily duped victim. While most of us undoubtedly do our best to protect our loved ones close to us, what happens when they’re no longer as much under our wing? The Consumer Financial Protection Bureau (CFPB) is here to help, with a handy manual designed to offer tips and strategies for caregivers and others responsible for the safety and well-being of those residing in assisted living facilities. Protecting residents from financial exploitation: A manual for assisted living and nursing facilities is published by the CFPB and provides practical advice on how to help protect seniors from falling victim to common scams or fraudulent schemes. Some of the most common include:

  • -The resident receives news about a prize or other windfall that requires payment of fees or taxes up front.
    -The resident is pressured to keep good news a secret until a transaction is complete or risk losing out on this one-time opportunity.
    -A caller constantly seeks more information and pressures the resident to comply.
    -A third party claims to be from a government agency, financial institution or other entity and asks for information that they should already have. A resident receives a lot of mail or email for sweepstakes, contests or other sources suggesting that he or she has already been scammed.

Review and download your copy today, and join the fight to protect our seniors!

Livability Index

In June 2018 AARP released its Livability Index which is a tool of the AARP Livable Communities program. This index rates every U. S. city, town and neighborhood in seven categories.  The categories include Health, Housing, Engagement, Opportunity, Environment, Neighborhoods and Transportation. The data used to compile the ratings comes from 50 sources. Mount Prospect’s rate is 53. The Livability Index is a great source for people who are moving, planning a retirement location or just for those curious about how neighboring communities compare.