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Small Business Coach - Northern Virginia

Latino Economic Development Center

The Latino Economic Development Center (LEDC) is a private, non-profit 501(c)(3) community development organization founded in 1991. LEDC is fast-paced and growing nonprofit. It applies a racial/ethnic equity lens to its work and its mission is to drive the economic and social advancement of low to moderate income Latinos and other underserved residents by providing them with the skills and tools they need to achieve financial independence and become leaders in their communities.  Its main program areas include Small Business Development, Financing, Housing Counseling, Affordable Housing Preservation (through Tenant Organizing), and Direct Community Investments. LEDC is headquartered in Washington, DC, and has satellite offices in Wheaton, MD; Baltimore, MD; Arlington, MD; and Mayaguez, Puerto Rico.  

Position Summary 

LEDC is seeking a Small Business Coach in Northern Virginia responsible for advising aspiring and committed small business owners, underwriting credit building loan applications, preparing training sessions, providing financial literacy to clients, and other duties as stated below.  

Responsibilities:

  • Provide one-on-one advising to aspiring or existing small business owners to help improve their core business skills. 
  • Identify key problems that clients are unaware their business is facing.
  • Underwrite credit building loan applications and provide one-on-one financial literacy to clients
  • Help clients navigate the licensing/registration process to start, expand, close, or sell a business. 
  • Plan and develop training sessions that provide small business coaches with the tools and skills to serve clients successfully.
  • Provide support to newly hired small business coaches and report to supervisors, identifying areas for potential growth.
  • Plan and develop group training sessions that provide small business owners with the tools and skills to succeed.
  • Conduct community outreach to build a strong network of partners and service providers to offer comprehensive assistance to LEDC’s clients
  • Assess applicants to the small business coach role and recruit and manage expert consultants and volunteers that can provide in-depth technical assistance to small business owners.
  • Capture client data through intake forms, maintain accurate client records, and collaborate with the Program Manager to meet program goals and benchmarks. 
  • Prepare monthly and quarterly reports for internal and external use. 
  • Conduct ongoing research about business tools and resources, news that might affect the Northern Virginia entrepreneurial ecosystem, business licensing, and small business development opportunities. 
  • Connect clients with other LEDC services and available resources in the DMV. 
  • Promote LEDC services in different platforms, forums, and events as needed. 

  Basic Qualifications:

  • At least two years of small business experience with a strong understanding of business functions such as licensing/registration, operations, financial management, and marketing. 
  • Experience helping clients develop their ideas into a formal business. 
  • Experience working with a diverse population, including minorities and immigrants.
  • Have in-depth knowledge of the following industries: construction, child development, cleaning, cosmetology, and restaurant/catering.
  • Experience developing business plans, financials and educating entrepreneurs on access to capital. 
  • Must possess excellent communication and presentation skills; moreover, the candidate must have an exceptional ability to build trust with small business clients. 
  • Bilingual in English and Spanish.
  • Ability to multi-task, coordinate several projects simultaneously, and prioritize deadlines.
  • Hold a Bachelor in Business Administration, Economics, Finance, or a related field. 
  • Possess solid computer skills (Spreadsheets, PowerPoint, Social Media, Communication tools).

Preferred Qualifications

  • Experience running a small business.
  • Certified financial counselor
  • Knowledge of basic business accounting. 
  • Knowledge of federal regulations of small businesses 

Salary and Benefits

This is a full-time non-exempt position.

Salary is negotiable depending on experience and qualifications.

LEDC offers competitive benefits, including a healthcare plan and 4 weeks of vacation per year.

To apply, please email a resume and cover letter to Alexandra Samaniego via e-mail at [email protected], with the subject line “Small Business Coach -Northern Virginia.

LEDC is an EEO employer committed to providing equal employment opportunities to all applicants and employees. In accordance with applicable laws, regulations, and Executive Orders, LEDC takes affirmative action to ensure that applicants and employees covered are not discriminated against because of their race, color, religion, national origin, sex (gender), age, disability, pregnancy, marital status, sexual orientation, personal appearance, gender identity or expression, family responsibilities, political affiliation, veteran status, genetic information, or any other characteristic that is protected by applicable law. For more information about your equal employment opportunity rights, please view this poster: EEO is the Law. LEDC also participates in E-Verify.