Starting a Business

Successfully hire immigrants by using these five tips brought to you by SCORE Mentors.

 

  • Understand the benefits. Immigrants are often well-educated, intelligent, loyal and dedicated.

  • Follow the law. Contact your Immigration and Naturalization Service field office for information and required forms. For locations, visit the INS Web site at www.uscis.gov.

  • Keep things simple. Limit the number of languages spoken to reduce the need for interpreters.

Learn about small business insurance by using these five tips brought to you by SCORE Mentors.

 

  • Protect life, health and property.

  • “Key man insurance.” Protect your business if you lose a partner or key employee. Also, insure yourself to safeguard your spouse and family.

  • Life insurance for employees. Consider offering a term policy. This is a benefit you can offer and even underwrite as an added value.

Learn how to build a 6-month cash reserve by using these five tips brought to you by SCORE Mentors.

 

  • Add up all your monthly expenses, so you know what a month of personal expenses really are for you.

  • Still in a day job? Then start setting aside 5 percent of your net pay each paycheck and build savings.

  • Sound like too much? Start with a goal of setting aside $100 week=$5,200 a year, which is a nice cushion.

Learn how to secure your laptop by using these five tips brought to you by SCORE Mentors.

 

  • Use passwords. Secure the network by setting strong passwords. Set the ability to remotely lock down or wipe the laptop if the user repeatedly fails to enter the correct password.

  • Use encryption. Encrypt the data on the laptop so that it cannot be read without the correct key. The encryption should take place on the hard disk in case the hard disk is removed and installed in a different device.

Learn how to use technology to get closer to your customers by using these five tips brought to you by SCORE Mentors.

 

  • Use your Web site to build solid, trusting relationships with customers. Trust helps bring customers back.

  • Enhance communication with customers. Some small business CEOs put their email address on the company Web site so

    customers can contact them directly.

  • Don’t forget the basics: Post your company’s address and phone number on your Web site.

Get the most out of your email signature by using these five tips brought to you by SCORE Mentors.

 

1. Create a unique email signature to use at the end of email messages to better brand your company.

2. Make sure your email signature gives clients immediate access to all of your contact information.

Get the most out of your business email by using these five tips brought to you by SCORE Mentors.

 

  • Brand your email to match your business name. For example, johndoe@mybusiness.com.

  • Look into purchasing a domain for your Web site that comes with a set number of email accounts.

  • Check if your local ISP (internet service provider) provides email hosting.

  • Read this quick reference to learn POP (Post Office Protocol) basics.

Create a great business plan by using these five tips brought to you by SCORE Mentors.

 

  • Take the long view and do long-term planning. Map out where you want to be five years from now and how you plan to get there.

  • Write the plan yourself. You will learn more about your business by doing so.

  • Think of your plan as a living document. Review it regularly to make sure you are on track or to adjust it to market changes.

  • Share the plan with others who can help you get where you want to go—such as lenders, key employees and advisors.

Learn the best ways to set priorities by using these five tips brought to you by SCORE Mentors.

 

  • Use a paper-based, electronic or computerized list to keep track of your tasks, instead of relying on your memory. A list will give you a clear idea of what you need to accomplish.

  • Which tasks could you handle another day? If you would face no consequences by moving a task forward, move it ahead another day or another week.

Protect your business by using these five tips brought to you by SCORE Mentors.

 

  • Recognize that your business can suffer a natural disaster. Small businesses the world over have been affected by disasters such as hurricanes, tornadoes, floods, earthquakes, tsunamis, volcanic eruptions and fire.

  • Develop your recovery plan before disaster strikes. Make sure everyone in your company is familiar with the plan and knows what steps to take in emergencies.

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