Crains New York - February 11, 2013 - (Page 13)
SMALL BUSINESS
INSIDE THE LIST
NY area’s largest M&A deals PAGE 16
REPORT
‘We’ve done a really good job of doing
more with less’
—Colleen Galvin, Department of Small Business Services, Page 14
M.B.A.s,
docs try
freelance
route
THE SCOOP:
Rovshan Danilov
reopened his
Brooklyn yogurt shop
after receiving help
from the city’s
Emergency Loan
Fund and Matching
Grant Program.
Specialized firms
make it easier for
highly trained pros
to pick up gigs
BY JANICE FIORAVANTE
Goldman Sachs (through its Urban
Investment Group) and the New
York Bankers Association.
Second: the NYC Matching Grant
Program, a foundation-supported effort that has $5.5 million in funds and
is administered by the New York Business Development Corp. in collaboration with Small Business Services.
Early in January, after a $200,000
top-to-bottom renovation, Arbuz
opened—fully restored and operational, thanks to a $25,000 emergency
Peter Gulliver, 33, worked at
Booz & Co., but left to join a new
startup that didn’t pan out. Pondering what to do next, he remembered a classmate at Yale
School of Management, where
he’d earned his M.B.A. in 2009,
who had wanted to start a company that would register M.B.A.s
for project work.
So
he
called
Daniel
Callaghan, who had gone ahead
and opened a firm called
MBAandCo.com in London
in 2009. This
past May, Mr.
Callaghan
kicked off a
PERCENTAGE
of temps with no
New
York
interest in a
outpost. Mr.
permanent job
Gulliver, who
Source: American
lives on the
Staffing Association
Upper West
Side, worked this past spring
and summer on freelance projects he discovered through
MBAandCo.com’s staff and
website.
One of his projects included
working for an online database
company for three months—to
develop a resource tool for oil and
gas exploration—during which
he traveled to Brazil. The second
project, also three months long,
brought him in-house at a management consultancy to work
closely with a team on a new sales
strategy.
“It’s definitely made me think
about the independent route—I
love the flexibility,” said Mr.
Gulliver, adding that he’s able to
scale his hourly rates so they
compare with what he made at
Booz & Co.
Meanwhile,
revenue
at
MBAandCo.com, projected to
be in excess of $2 million in 2012,
should jump 60% this year, said
Mr. Callaghan, who noted the
firm is breaking even.
Home of the Freelancers
Union, New York City has long
See CITY’S on Page 14
See M.B.A.s on Page 15
23%
Two initiatives help biz owners recover from superstorm
BY CARA S. TRAGER
Rovshan Danilov knew his dessert
café in Brooklyn’s Sheepshead Bay
was sunk—literally—after Hurricane
Sandy.
Courtesy of the superstorm last
October, water had seeped under his
eatery’s front door, rising waist-high
before receding and destroying everything in its path, including the business’s floors, walls, electricity, equipment and furnishings.
He desperately surfed the Web for
help. Mr. Danilov, a principal in the
three-year-old Arbuz Frozen Yogurt,
learned about two initiatives aimed at
helping local businesses recover from
the hurricane.
First: the city’s Emergency Loan
Fund, a $15 million program run by
the Department of Small Business
Services through NYC Business Solutions in partnership with the New
York Business Development Corp.
and funded by the New York City
Economic Development Corp.,
CLASS ACTION
Attendance at NYC
Business Solutions courses
6,121
4,593
2010
2012
buck ennis
buck ennis
Scooping out Sandy
February 11, 2013 | Crain’s New York Business | 13
http://www.MBAandCo.com
http://www.MBAandCo.com
Table of Contents for the Digital Edition of Crains New York - February 11, 2013
IN THE BOROUGHS
IN THE MARKETS
THE INSIDER
BUSINESS PEOPLE
CORPORATE LADDER
OPINION
GREG DAVID
REPORT: SMALL BUSINESS
THE LIST
CLASSIFIEDS
DIGITAL NY
FOR THE RECORD
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
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