Fourth-generation Cashmere native Melissa McClendon returned home in 2010 planning to open a winery. Once here she realized the Wenatchee Valley already had a bountiful crop of fermented grape purveyors, so she adapted her business model, opting instead to put her fermentation skills to use by establishing a brewery and adding a restaurant to the mix.
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Ester Venouziou is an accidental business owner. The viral popularity of her "buy local" Facebook page convinced Venouziou to turn Local Shops1 into a business.
Ever the small business advocate, Venouziou is quick to share lessons learned in starting and running a successful startup.
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Published Feb. 8, 2013
Q: What are limited liability companies (“LLCs”), and what should businesses know
about them?
A: LLCs are a new type of business entity that emerged in the early 1990s. They have many important legal and tax characteristics, but the key ones are these:
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Liability shield. LLCs provide their owners (called “members”) with a statutory liability shield that is essentially identical to the corporate shield.
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About the Author
John Cunningham is a N.H. business lawyer whose practice is focused on LLC law and tax. He chaired the N.H. Business and Industry Association committee that drafted the Revised New Hampshire Limited Liability Company Act, a radical revision of New Hampshire LLC law that went into effect on January 1st. LLCs are, by a wide margin, the entities of choice for N.H. business start-ups.
Tired of working in Corporate.
What's Great About My Mentor?
She new what I needed and got it.
How SCORE Helped
Score provided help all along the way,especially with arranging for financing. Since then we have grown successfuly,and we are expanding.
Looking to start a business? If you want something with big potential that doesn’t take much startup capital, consider an online service of some type. A major shift toward purchasing both consumer and business-to-business services online has created a slew of opportunities for would-be entrepreneurs.
Looking to start a business? If you want something with big potential that doesn’t take much startup capital, consider an online service of some type. A major shift toward purchasing both consumer and business-to-business services online has created a slew of opportunities for would-be entrepreneurs.
About the Author
Daniel Kehrer, Founder & Managing Director of BizBest Media Corp., is a nationally-known, award-winning expert on small and local business, start-ups, content marketing, entrepreneurship and social media, with an MBA from UCLA/Anderson. Read more of Daniel's tips at
www.BizBest.com, follow him at
www.twitter.com/140Main and connect on LinkedIn at
www.linkedin.com/in/danielkehrer.
Entrepreneurs and small business owners trying to obtain a conventional loan from a bank can find the process arduous, if not nearly impossible. It’s no secret: banks have become more restricting when it comes to lending after enduring huge losses from the economic downturn of recent years.
Raj Tumber, a SCORE Las Vegas mentor, debunks the myths surrounding small business financing and offers alternative options to consider.
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Bonnie Shehan, a nurse who has worked in health facilities in the Bartholomew and Johnson County areas for more than 20 years, is being honored for creating a kit that helps families who care for relatives with Alzheimer’s disease.
Shehan worked with SCORE volunteers Bob Nelson and Fred Nerz from the Columbus Area Chamber of Commerce office. Nelson said he and Nerz met with Shehan many times in the past year as they listened to her initial business idea and helped her refine the plan.
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When marketing guru Tom Patty asked Jon and Gila Kurtz what their business was about, the owners of Dog Is Good had a ready response: “Dog stuff.”
Wrong answer – and one that derails many young businesses, said Patty, one of 100 local experts who mentor up-and-coming entrepreneurs as part of SCORE's program for small businesses.
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Michiana is becoming a hot bed of innovative new businesses. One of the hottest segments for new business is education. A Novel Time, LLC is an exciting new business that taps into what INC magazine noted as one of the best industries for starting a new business … education technology.
Joanna Azar is a South Bend native who worked with Michiana SCORE for help on starting her business.
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How SCORE Helped
After retiring as an educator, Judith Smith Parrott turned her love of baking into a business...Judith’s Dessert Boutique.
Judith made the decision to start her business the smart way by enrolling in the Princeton SCORE five-part StartSMART™ workshop series. After taking that first step, Judith never looked back. She and her mentor worked together to complete a "finance ready" business plan and Judith launched her business in late 2012. Since then, Judith's Dessert Boutique was also selected as one of the small businesses to receive $1,000 from the Sam’s Club Giving Program, in addition to attending a 2-day entrepreneurial program for all finalists hosted by SCORE in 2013.
“Working with SCORE has provided a foundation to help my business grow,” said Judith Smith Parrott, owner of Judith’s Dessert Boutique. “The access to tools for my business from Sam’s Club and the additional training will really help me take my business to the next level.”
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