Published Apr. 11, 2014
Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. Here are basics of the 10 most common types of bookkeeping accounts for a small business that you should know.
Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping.
For Small Business
A Special SCORE Entrepreneur's Workshop
Ø What the pros know and how you can apply it to your business
Ø Starting a business? What you absolutely must know about marketing
Ø Name recognition, branding and advertising: Do them right!
Special Guest Speaker: Gary Russ
Published Apr. 7, 2014
This tool is the slides for Simple Steps Session 2 - Business Concepts as presented as presented by the Greater Bridgeport chapter.
This tool is the slides for Simple Steps Session 2 - Business Concepts as presented by the Greater Bridgeport chapter.
March 31--The Frederick SCORE chapter was an essential factor in the starting and success of Nancy Copen's business.
Copen, owner of Annabelle Grace & Co. LLC in Walkersville, has created a line of women's sandals with vintage looks to reflect the company's name -- the first names of her two grandmothers.
"I was initially looking for someone to bounce my idea off of, get independent feedback," Copen said. "I wanted to talk to entrepreneurs who had been through the process, knew the ropes."
Published Apr. 6, 2014
The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order that you like, except forthe Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished writing your first draft, you’ll have a collection of small essays on the various topics of the business plan. Then you’ll want to edit them into a smooth‐flowing narrative.
The real value of creating a business plan is not in having the finished product in hand; rather, the value lies in the process of researching and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, study and research if you are not sure of the facts, and look at your ideas critically. It takes time now, but avoids costly, perhaps disastrous, mistakes later.
Published Apr. 4, 2014
I recently completed development of a new item for the pet industry and will be receiving
the first shipment of product shortly. Though my background is in engineering, I now need to go
out and sell the product to distributors. Any tips on how to become a successful salesman?
Broward SCORE Participated in South Florida Minority Supplier Development Council’s 29th Annual Business Exposition on March 21st, 2014.
SCORE Volunteers Angelica Love Valentine and George Gremse informed attendees about SCORE services and discussed business counseling and workshop programs.
It’s no surprise that a bowl of tomato soup and a grilled cheese sandwich is a national comfort food.
What may be surprising is that grilled cheese has created a sustainable business for entrepreneur Emily Frank, owner of C’est Cheese Food Truck Inc. of Cincinnati.
Frank, 39, of Kenwood, has been selected a SCORE Client Success for her hard work, profitability and vision to form and organize the Cincinnati Food Truck Association. Her 2-year old company was a 2012 finalist in the Bad Girl Ventures micro-lending class.
How SCORE Helped
I recommend SCORE to everyone I come in contact with who is looking to start their own business. I literally would not have been able to open my business without SCORE. It just would not have occurred.
When Jeffrey Nash, 60, started thinking about his retirement several years ago, he didn't like what he saw. As a salesman for Men's Wearhouse, his income went up and down, and he hadn't yet saved much for retirement. In addition, he was struggling to pay off a mortgage at risk for default.