Gaebler Ventures Gaebler Ventures is a business incubator and holding company providing venture capital investment and shared services to early-stage companies. We've invested in some great portfolio companies. Some of the best resources for entrepreneurs -- all based on our real world experiences! Our guiding investment philosophy is to provide exceptional returns for our investors. Check out the latest news from Gaebler Ventures. Learn more about Gaeber Ventures! Get in touch. We'd love to talk with you!   
 
 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Articles for Entrepreneurs

 

Social Entrepreneurship

 

Getting Involved in the Community

Written by Andrew Goldman for Gaebler Ventures

Getting involved in the community can be a win-win situation in business. You'll feel good about it, the community will benefit and it can have added benefits to your company and its image.

Whether you do it for personal reasons or business reasons, getting involved in your community can be a big positive for your company.
(article continues below)

More and more businesses are following this approach but there are still plenty of companies that don't get the message.

Apart from being a Good Samaritan and lending a helping hand, being a positive member of your community can result in increased business, better public relations and "free" publicity. The reason "free" is in quotations is that there's still a cost involved in helping out in your community.

It's pretty obvious that helping out in the community is a positive action that helps those around you. What's less obvious is that it can have major advantages for your business as well. So, even if you're a bit of a Grinch, getting involved in your community can still be a part of your business plan.

First off, when your company gets involved in the community, people take notice. It may just be those involved in your community service activity or you may attract broader attention. In either case, you're getting yourself out there and spreading your company's name and associating a positive image with your brand name.

Of course, if you're doing community service you shouldn't spend the whole time selling your product, but you can feel comfortable talking to others about your company and what you do.

Depending upon what community service or charity you decide to associate with, the media may very well be involved. If this is the case, there's a good chance you can get mentioned in various media publications or have your picture taken.

For this reason, it may not be a bad idea to wear clothing with your company logo on board. While this may seem shallow, it's just marketing, and there's a lot worse ways to go about it then helping out your community.

I once worked for a Yale MBA who was a whiz at marketing. She successfully positioned the company to attend major community service events. It was always a win-win situation as the company got plenty of free press and came off looking like angels, while the community greatly appreciated the help and support of the local company. She always knew where the camera was and when there was an opportunity to plug the company, she pounced and it paid off.

In addition to the potential free advertising and media exposure, helping out your community is a great way to associate a positive image with your company. There are many consumers who prefer to purchase products from companies they deem 'socially aware'. While this may not be your target market, building a positive brand name is a key to success. Associating yourself with helping the community is a good start to brand name success.

If your company donates a portion of its profits or helps out the environment, feel proud about these facts. Mention these positives on your labels and on your website. Consumers will be impressed and it might be an order winner for a potential new customer.

If you decide to get involved in the community, you'll find the task rewarding on many levels. You'll feel great about helping out and your company can reap some serious benefits.

Try and get your employees involved and encourage them to participate. Your employees will have a better image of your company as well. Plus, the more helping hands in our communities, the better.

Andrew Goldman is an Isenberg School of Management MBA student at the University of Massachusetts Amherst. He has extensive experience working with small businesses on a consulting basis.


Comment Board

Share your thoughts on what small businesses can do to get involved in the community.

Be the first to comment on this article.



Write a comment  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.

 

 

Additional Resources for Entrepreneurs

Starting a Business - Business Ideas - Naming and Branding - City Guides

Buying a Business - Writing a Business Plan - Raising Money - Incorporate

Small Business Marketing - Advertising Advice - Public Relations -

Customer Service Tips - Entrepreneurial Selling - Workplace Safety

Startup Leadership - Strategy - Intellectual Property and Entrepreneurs

Articles on Exporting - Human Resources for Entrepreneurs - Workers Comp

Legal Information for Entrepreneurs - Sarbanes-Oxley - Accounting - SBDC

Business Credit Cards - Nonprofit Entrepreneurs - Mission Statements

Tax Tips and Resources for Entrepreneurs - Operating Your Startup Business

Real Estate Decisions for Entrepreneurs - Franchising - Selling a Business

Starting a Home Business - Small Business Technology - Business Travel

Business Finance - Advice for Retailers - Entrepreneurship for Scientists

Administrative Professionals / Office Managers - Family Business Advice

Good Businesses to Start - Start an Energy Business - Start a Hedge Fund

Payroll Service Information - Productivity Tips - Bad Economy Advice

Small Business Websites - Search Engine Optimization - Online Reputation

Search Engine Marketing - Social Marketing Optimization - Business Forms

Business in the Jungle - Business in Fiction - Negotiating - Radio Ad Costs

Newspaper Advertising Rates - City-Specific Resources for Entrepreneurs

Small Business Insurance - Global Entrepreneurship - China & Entrepreneurs

Entrepreneur Features - Employee to Entrepreneur - Small Business Ethics

Acquisition Speculation - Good Business Books - SBA Franchise Loans

Small Business Loans - Studying Entrepreneurship - How Kids Make Money

Social Entrepreneurship - Mergers and Acquisitions -

Veteran Entrepreneurs - Useful Web Sites for Entrepreneurs - Dell Deals

Buy.com Deals - Female Entrepreneurship - Small Business Experts

Entrepreneurial Resources by State - Resources for Young Entrepreneurs

African American Entrepreneurs - Resources for Hispanic Entrepreneurs

Resources for Asian Entrepreneurs - Resources for Women Entrepreneurs

Resources for Gay Entrepreneurs - Businesses for Sale - Office Supplies

Economics - Lists of Small Business Incubators - Lists of Angel Investors

Lists of Venture Capital and Private Equity Firms - Franchise Opportunities

Recommended Products and Services for Entrepreneurs - Contributors

Get FREE Price Quotes from Multiple Vendors - Business Glossary