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The SBA's Business Information Center (BIC) provides the essential skills required to develop a successful
business plan, to evaluate marketing strategies and sales techniques, and to wisely price your
products. The Women's Business Center (WBC) provides many services to female entrepreneurs
from all levels of business.


Minorities are always encouraged to engage in business development and the Minority Business
Development Program (MBDP) is intended to assist in that process. The MBDP assists in gaining
equal access to the necessary resources. To qualify for this program, a business must be at least 51%
unconditionally owned and operated by individuals who are socially and economically disadvantaged
citizens of the United States.


Socially disadvantaged is defined as individuals who have been subjected to racial or ethnic prejudice
or cultural bias. Economic disadvantaged is defined as individuals who are socially
disadvantaged and whose ability to compete in the free enterprise system has been impaired due to
diminished capital and credit opportunities.


Overall, the SBA and NJSBDC offers those who wish to live the American dream, the chance to
gain knowledge and the skills necessary to make their dreams a reality.

 


At a time when consumer confidence with corporate America is at an all-time low, the Atlantic City
Special Improvement District (ACSID) is proud to announce that Dun & Bradstreet, the world's leading
provider of business information, has awarded the ACSID with a rating of "3A1," which is the
highest possible rating for a company of the ACSID's size.


The rating, which was issued on June 7, 2002, indicates a "strong" credit appraisal. This indicates
that the company's obligations are retired satisfactorily and that Dun & Bradstreet's review resulted
in a "strong" assessment of the company's financial condition.


The ACSID scored in the 91st percentile (a higher score than 90% of all firms evaluated by Dun &
Bradstreet) in Credit Scoring. This indicates that the ACSID offers a significantly lower credit risk to
vendors than other companies in the region and of comparable size in the industry. The ACSID also
scored in the 100th percentile in "Financial Stress," which measures the likelihood of a business experiencing
financial stress within an 18-month period.


The evaluation was based on the ACSID's latest audited financial statements, payment history to
vendors, measuring the extent to which the ACSID can cover its current obligations with current assets
or cash, the company's debt (the ACSID carries no long-term debt), inventory turnover, collection
of receivable and overall financial management of the company.


Dun & Bradstreet's information and technology solutions have for 160 years enabled businesses to
conduct business with one another. This information allows businesses to reduce credit risk, find
profitable customers and manage vendors efficiently. Dun & Bradstreet owns the largest available
company database, which consists of nearly 75 million companies throughout the world.
Copies of the Dun & Bradstreet report can be read at the ACSID office.

 

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