Hiring Entrepreneurship Specialist at BCL of Texas in Dallas, TX. Benefits: 100% Paid Medical, Vision, Dental; Holiday, Sick and Vacation Leave

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1 Hiring Entrepreneurship Specialist at BCL of Texas in Dallas, TX Reports to: CEO and COO Salary: DOE, Full time Benefits: 100% Paid Medical, Vision, Dental; Holiday, Sick and Vacation Leave Location: 1322 Record Crossing, Dallas, Texas Company Description: Established by community volunteers from the central Texas region in 1990, BCL of Texas is a not-for-profit community development corporation, which furthers economic development by promoting and assisting in the growth of small businesses in Texas. In addition to providing business with counseling and technical assistance, BCL of Texas originates, underwrites, processes, closes and services business loans to healthy, growing businesses. Its mission is to create long-term jobs through business development and ensure that local communities benefit by an increased sales and property tax base for the long term. Position Summary: Professional works with customers through business coaching, assessing start up and expansion needs. Provides guidance on business plans, marketing and business development strategies. Analyses the businesses financial health and creates financial readiness action plans. This position provides the bulk of BCL's entrepreneurial development technical assistance. The Entrepreneurship Specialist will evaluate business progress and review existing debt to assess cash flow and repayment ability. This position works extensively with BCL of Texas customers and all BCL staff members. Primary Tasks: o Evaluate business plans and financial projections for individuals who are in the idea state, startup stage, or existing stage of their business. o Assesses, analyze, and provide recommendations on business start-up and expansion needs. o Determine client goals and needs and work with client to prepare a

2 plan of action. o Teach, coordinate and aid in the development of entrepreneurship education workshops, lunch and learns, series with new and existing customers. o Assist with the recruitment and retention of business incubator tenants. o Compile accurate spreadsheets (balance sheets, income statement, cash flows, trends, and ratio analysis) based on information obtained from customers. o Work within BCL's entrepreneurship programs to provide technical assistance to persons starting a new business including evaluating business and marketing plans, financial pro formas, and projected cash flows. o Meet with customers to deliver services as outlined in BCL's contract with the various funders such as the City of Dallas Business Assistance Center. o Tracks service delivery and outcomes in customer database, and reviews documentation of all entrepreneurship coaching sessions in cooperation with staff. o Assist the Director in compiling reports for various funding entities, including the SBA o Attend events and other meetings to assist in the marketing of BCL programs. o Gather credit data and financial background on prospective and current BCL customers. o Analyzes, evaluates, and reports credit worthiness of current and prospective business customers with lending team or for customer action plan. o Provide loan packaging assistance for submission internally and/or externally. o Provide recommendation to loan officers and loan committee members on existing and prospective loan customers. o Participate in loan closings with loan administrator to ensure client

3 understands covenants requirements; schedule initial follow-up meeting with client following the loan closing. o Prepare and maintain loan customer file entries, communications, complex actions, etc. o Work with existing loan customers as assigned for post loan business coaching technical assistance. o Evaluates existing loan client performance through spreadsheet analysis of balance sheets, income statements, cash flows, and ratio analysis. o Assist in marketing strategies of all lending and entrepreneurship programs. o Document all time spent with customers in customer databases. o Participate in entrepreneurship team meetings as well as lending team meetings. o Participate in projects as needed to accomplish overall BCL goals and strategies. Qualifications: o BA in Business, Entrepreneurship, Management or related field. o A minimum of 2 years' experience in banking, economic development, community development and/or small business ownership/management. o Excellent oral and written communication skills. o Self-starter who works well in teams and is also able to work independently without constant supervision or direction and who is able to handle a high level of responsibility. o Considerable knowledge of sound business procedures including business financing, human resources, IT, inbound logistics, operations, and sales and marketing. o Understanding of financial evaluation tools including ratios, cash flows, break-even points, etc. o Understanding of financing options for business start-ups and

4 business expansions. o Mastery of spreadsheet software i.e., Excel. o Ability to establish and maintain effective working relationships with co-workers, customers, lenders, investors, other agencies, and the general public. o Ability to communicate clearly and effectively, both verbally and in writing. o Sensitivity to issues of low-wealth borrowers. o Bilingual a plus o Experience teaching/presenting a plus. o Experience with QuickBooks a plus. o Experience with social media a plus. The following are required and must be ed: Resume including salary history and requirements Professional reference list with contact information Cover Letter (a letter that explains) o Your interest in working for BCL o The experiences you have had that you think are most relevant to this position For more information regarding the position, please contact BCL of Texas via telephone ( ) or (rvaldez@bcloftexas.org). We would be happy to discuss this job opening with you, and welcome your or phone call to learn more. The position is open until filled. Raquel Valdez

5 Chief Operating Officer (COO) BCL of Texas 2212 S. Congress Ave. Austin, TX Work: ext. 102

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