Victory State Bank Points To 10 Steps Of Starting A Business


STATEN ISLAND, N.Y. -Running a business isn’t easy. But starting one up may seem even more complex.

Complex? Yes. Confusing? Not necessarily.

To put aspiring entrepreneurs on the right track, Victory State Bank is sharing the following 10 tips from the U.S. Small Business Administration for launching a business:

1) Create a business plan

2) Get Business Assistance and Training

3) Choose a Business Location (Get advice on how to select a customer-friendly location and comply with zoning laws.)

4) Finance Your Business

5) Determine the Legal Structure of Your Business

6) Register a Business Name ("Doing Business As")

7) Get a Tax Identification Number

8)  Register for State and Local Taxes

9) Obtain Business Licenses and Permits

10) Understand Employer Responsibilities

For detailed information on each of the 10 steps, log onto http://www.sba.gov/content/follow-these-steps-starting-business.

About Victory State Bank:

 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


Victory State Bank Asks, “Have you Been Crammed?”


STATEN ISLAND, N.Y. – Have you been crammed? Victory State Bank recommends checking your wireless phone bill for crammed charged. “Cramming,” is when outside companies add charges to your phone bill. You might see Min. Use Fee, Activation, Member Fee, Voice Mail, or Web Hosting on your bill; these are all red flags that you have been crammed. The federal Trade Commission offers these tips to help:

  1. 1.Ask your phone company about it

If the charge isn’t from your phone company, the name of the company charging you should be printed nearby. Your phone company should be able to tell you more about the charge.

  1. 2.Dispute it

Your statement should tell you how to dispute errors on your bill.

  1. 3.Follow-up with an email or letter sent by certified mail, and ask for a return receipt

It’s your proof that the company received your letter. Keep a copy of your bill and any other documentation for your files.

  1. 4.File a complaint

Even if you get a refund, if you suspect you’ve been a victim of cramming, file a complaint with the FTC, your state Attorney General’s office, or the state agency that regulates phone service in your state — often the state public service commission or public utilities commission, which you can look up on the National Association of Regulatory Utility Commissioners website.

  1. 5.Consider whether a block is right for you

A number of phone companies offer to block third-party charges. Visit your phone company’s website for details about what kind of blocking it offers. If your phone company blocks all third party charges, you won’t be able to sign up for legitimate third party services that interest you. Give some thought to whether a block is right for you, and if it is, contact your phone company and ask for it.


About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com


Victory State Bank Points to Being a Leader


STATEN ISLAND, N.Y. -- Do you have the right characteristics to be a good leader? Victory State Bank would like to provide you with advice on how to be the best leader you can be in both your business and personal life. The Small Business Administration, using the Leadership Potential equation, has put together the following list of characteristics required for effective leadership:

  • Emotional stability: Good leaders must be able to tolerate frustration and stress. Overall, they must be well-adjusted and have the psychological maturity to deal with anything they are required to face.
  • Dominance: Leaders are often competitive, decisive and usually enjoy overcoming obstacles. Overall, they are assertive in their thinking style as well as their attitude in dealing with others.
  • Enthusiasm: Leaders are usually seen as active, expressive and energetic. They are often very optimistic and open to change. Overall, they are generally quick and alert and tend to be uninhibited.
  • Conscientiousness: Leaders are often dominated by a sense of duty and tend to be very exacting in character. They usually have a very high standard of excellence and an inward desire to do their best. They also have a need for order and tend to be very self-disciplined.
  • Social boldness: Leaders tend to be spontaneous risk-takers. They are usually socially aggressive and generally thick-skinned. Overall, they are responsive to others and tend to be high in emotional stamina.
  • Self-assurance: Self-confidence and resiliency are common traits among leaders. They tend to be free of guilt and have little or no need for approval. They are generally unaffected by prior mistakes or failures.
  • Compulsiveness: Leaders are controlled and very precise in their social interactions. Overall, they are very protective of their integrity and reputation and consequently tended to be socially aware and careful, abundant in foresight, and very careful when making decisions or determining specific actions.
  • Intuitiveness: Rapid changes in the world today, combined with information overload result in an inability to know everything. In other words, reasoning and logic will not get you through all situations. In fact, more and more leaders are learning the value of using their intuition and trusting their gut when making decisions.
  • Empathy: Being able to put yourself in the other person's shoes is a key trait of leaders today. Without empathy, you can't build trust; without trust, you will never be able to get the best effort from your employees.
  • Charisma: People usually perceive leaders as larger than life. Charisma plays a large part in this perception. Leaders who have charisma are able to arouse strong emotions in their employees by defining a vision which unites and captivates them. Using this vision, leaders motivate employees to reach toward a future goal by tying the goal to substantial personal rewards and values.

About Victory State Bank:

 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com


Media Inquiries:

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.

 


Victory State Bank Points To ABCs of Social Media Use



STATEN ISLAND, N.Y. – It’s not a secret that social media has become a mainstay element of doing business. Online communications has become part of the business culture. Like other enterprises, Victory State Bank has turned to blogging and social media to enhance its reach within the community.

But for social media to be of use to a business, it has to be properly utilized.

Inc.com puts it this way:

The growing opportunity cost of ignoring social media has led even the most 'old school' businesses to get started with this engaging form of market communication. However, the lack of understanding of how to implement a social media strategy has raised the barrier to entry for many in this group. I've put together an easy to understand three-step process for jumpstarting your social media strategy. 

If this is your first time interacting with social media, remember this: 
Social media is simply a communication channel. Social media alone cannot build your brand or attract new customers. Brand building and market attention are generated through value-add content and conversations. Social media is only a messenger, but it may be the most important one you have since it enables your organization to instantly reach millions. Targeting your audience, engaging in conversations and providing value are all at the core of social media's benefits. READ MORE …

About Victory State Bank:

 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 


Victory State Bank Offers Advice For Protecting Your Online Data in Wi-Fi hotspots

 

STATEN ISLAND, N.Y. -- Wi-Fi hotspots in coffee shops, libraries, airports, hotels, universities, and other public places are convenient, but they’re often not secure.

When using a hotspot, Victory State Bank suggests it’s best to send information only to websites that are fully encrypted.

You can be confident a hotspot is secure only if it asks you to provide a WPA password. If you're not sure, treat the network as if it were unsecured.

With your security in mind, Victory State Bank is sharing these tips from the Federal Trade Commission:

Protect Yourself When Using Public Wi-Fi

So what can you do to protect your information? Here are a few tips:

  • When using a Wi-Fi hotspot, only log in or send personal information to websites that you know are fully encrypted. To be secure, your entire visit to each site should be encrypted – from the time you log in to the site until you log out. If you think you’re logged in to an encrypted site but find yourself on an unencrypted page, log out right away.
  • Don’t stay permanently signed in to accounts. When you’ve finished using an account, log out.
  • Do not use the same password on different websites. It could give someone who gains access to one of your accounts access to many of your accounts.
  • Many web browsers alert users who try to visit fraudulent websites or download malicious programs. Pay attention to these warnings, and keep your browser and security software up-to-date.
  • If you regularly access online accounts through Wi-Fi hotspots, use a virtual private network (VPN). VPNs encrypt traffic between your computer and the internet, even on unsecured networks. You can obtain a personal VPN account from a VPN service provider. In addition, some organizations create VPNs to provide secure, remote access for their employees.
  • Some Wi-Fi networks use encryption: WEP and WPA are the most common. WPA encryption protects your information against common hacking programs. WEP may not. WPA2 is the strongest. If you aren’t certain that you are on a WPA network, use the same precautions as on an unsecured network.
  • Installing browser add-ons or plug-ins can help, too. For example, Force-TLS and HTTPS-Everywhere are free Firefox add-ons that force the browser to use encryption on popular websites that usually aren't encrypted. They don’t protect you on all websites – look for https in the URL to know a site is secure.         

About Victory State Bank:

 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.