We had the pleasure of attending the San Diego Small Business Fair last week on Thursday, October 21, 2009 at the Handerly Hotel. This FREE event was sponsored by Michelle Steel, Board of Equalization Member and Southern California’s Elected Taxpayer Advocate. The Small Business Fair held a series of seminars or workshops with information on Surviving the Downturn (presented by SCORE – San Diego), Sales and Use Tax: How to Avoid Common Pitfalls (presented by BOE), Employee vs. Independent Contractor (presented by EDD), Better Business through Better Records (presented by the IRS) and Top Dollar Advice for Tough Economic Times (presented by FTB, EDD, BOE and IRS). The informative seminars presented a plethora of useful information for small or newer businesses in San Diego.

In between the presentations, there was an Expo with several Exhibitors including but not limited to BBB, City of San Diego, Franchise Tax Board, National Association of Women Business Owners (NAWBO), U.S. Small Business Administration (SBA), Board of Equalization, Accion San Diego and many more. We gathered a ton of useful information including “How to do Business with California State Government”, “Taking Care of Business Checklist”, Information on 401(k), Simple IRA Plans & SEP Retirement Plans (for Small Businesses), FAQ’s Booklets, Brochures and more! As all business owners know, time is our most precious asset, so it was extremely helpful that all of this information was available in one place. Now the trick is finding the time to read through it all?!

We did get some important questions answered from the staff members manning the booths. One friendly man from the IRS said something to me that stuck: “Pension means required. Go with a retirement plan that is based on profit, if there is not profit, you don’t have to make any payments.” Wise words…and although it is such a simple concept, it was never so clearly laid out for me.

We stopped by the NAWBO desk and spoke to a savvy business owner by the name of Jere Batten, Treasurer of NAWBO San Diego and president of Batten Accountancy, Inc. She gave us her undivided attention and advice on growing a business. We dropped a couple cards in for the raffle to win a free NAWBO lunch and I won!

I never win ANYTHING, but I guess I was due The monthly luncheon event typically draws around 65 women business owners for a speaker presentation, lunch and mixer. Non-members are welcome but there is a fee to attend the events. For more information on NAWBO events in San Diego: http://www.nawbo-sd.org/component/option,com_jevents/Itemid,92/task,month.calendar/

During the Expo, we also had a chance to mingle with a few business owners that were browsing around. Among these, Antonio de la Cerda of VNet Professionals Inc., Justin R. French of Social Networking San Diego, Gabriel I. Collignon of AKB Solutions, Jenn Vela of 5byseven, Maria Montano of Accion San Diego and others.

It was one of those busy days at the office and we weren’t sure if we should leave, but it turned out to be an eventful and educational experience. I would highly recommend attending an event in the future if you have the opportunity.

For more information on this event and others like it, visit: http://www.boe.ca.gov/sutax/tpsched.htm

To growth + prosperity!