"1. Write a business plan.
Some say you don’t need a business plan. I disagree. Instead, I highly recommend writing one.
When I hit some roadblocks writing my business plan, I turned to SCORE, a national organization of retired executives. Because of their experience, they were able to answer questions and help with projections. Three years later, I still utilize SCORE and reach out to them when I have issues."
Shop Talk reporter Virginia Bridges reached out to David Grant, Raleigh SCORE chairman, who, with the help of other SCORE volunteers, shared the top five reasons why small businesses in the Triangle fail.
Manasota SCORE selected Jennifer and Chris Mannering, owners of Bounce Down Under, as the organization’s May 2013 Client of the Month.
Beginning in 2010 with a concept for a business they thought would meet an unmet need in this area, and through the assistance of SCORE workshops and mentors, the Mannerings opened Bounce Down Under at 935 N. Beneva Road, Sarasota, on April 13, 2013.
Published May. 13, 2013
These two immigrant entrepreneurs got instant credibility by using American advisors. Find out how they did it.....and how you can too.
By Elaine Pofeldt
· Country of Origin: U.K.
· Emigrated to U.S.: 2003
· Launched Petplan USA: 2003
"We manufacture botanical skin care products including Shave With Benefits, with an all-natural foam that makes the razor perform better and last longer.
When was it founded? 2010
The idea came from my own need. It was born of necessity. I used to cut myself whenever I shaved, I got redness and irritation from the shaving foam and I had ingrown hairs covering my neck. It goes back to the late 1990s, I was in my late 40s when the ingrown hair issue became much worse than it ever had been. That’s what pushed me over.
Something about empowering prospective entrepreneurs, especially Villagers with good business ideas, inspires Ed Walsh and Barry Black.
“It’s just fun,” said Walsh, a former IBM senior manufacturing superintendent who recently embarked on his third term as a chapter chairman. “Working with clients motivates me, because they’re talented and motivated. So, it’s fun that way.”
The south-central Iowa chapter of SCORE, formally known as the Service Corps Of Retired Executives, has existed in Ottumwa since 1977, finding new leadership in the last two years. Gordon Aistrope now chairs the organization and is "putting a different spin on it," said Megan Framke, Ottumwa Economic Development Corporation initiative manager.
Today, approximately one-third of Ottumwa's SCORE board is comprised of those under age 50.
Before members and invited guests, Hagerstown’s SCORE chapter celebrated Small Business Month and the selection of its clients of the year at the April 26 awards luncheon at Always Ron’s in Hagerstown.
This year’s award winners were selected by the chapter’s board of directors from among more than 300 applicants mentored by the local organization.
Chosen as startup client of the year was Toni Ogden, owner/operator of Sour Sentiments, an online retail outlet offering a unique line of gifts, greeting cards and novelties.
Can you imagine what doing business was like before email? Some of us can, most of us can't remember. Ben Meyerhoff, who is currently a Seattle SCORE counselor, shares what it was like working in sales for IBM in the 1960's when the name was synonymous with computing. And what's changed for the better and worse today.
Minding Your Business is a lively interview program in Seattle featuring owners, experts and organizations sharing personal stories, advice and essential business tips.
“'I’m done.' I had said it more than a few times. My 20-year career as a professional architectural photographer in Boston and Atlanta had been a long, slow fizzle. The question, 'What next?' had been in the back of my mind for some time as I endured the changes and diminishing income in my chosen profession. As a self-employed person with an entrepreneurial spirit, I wasn’t afraid of a challenge and, being in my 50s, I was too young to retire.