Workshop Poster Spring 2014 High Resolution
With a goal to "provide a full range of audiology and hearing aid services to patients in the Lancaster area", Dr. Kamal Elliot rented a small office space in Litiz, Pennsylvania nearly 14 years ago and A& E Audiology was created. Dr. Elliot saw the need for quality, local audiology services for patients that was more convenient, but still provided exceptional services.
Equipped with the needed audiology training to provided customers with outstanding services but no business experience, Dr. Elliot turned to SCORE for help.
A&E Audiology has grown into three full-time locations and has a staff of five licensed audiologists along with a doctoral student.
A&E Audiology was voted "Best Place for Hearing Aids" in Lancaster County 7 years in a row. In 2013, A&E Audiology was also a "Readers' Choice Award Winner" for Lancaster Newspaper.
What's Great About My Mentor?
Dr. Elliot says she is indebted to her mentors and could have not started with help of Everett. "They are amazing, wonderful and knowledgeable, I'm indebted." When asked what she would tell others about SCORE, the audiologist said, " For me, it's been one for the most helpful resources when starting my business and now growing my business."
How SCORE Helped
Dr. Elliot was first paired with SCORE mentor Everett Williams. Williams walked the doctor through the appropriate steps of setting up a practice, how to write a business plan, along with other business logistics.
With the help of SCORE, A&E Audiology was off to a good start and thriving. After expanding to two locations with new employees, Dr. Elliot was finding it a bit tough managing every aspect of the business. After learning that one of her patients had recently joined SCORE, Dr. Elliot turned to SCORE again for some guidance.
This time, the doctor was paired with mentor Jerry Glenn after learning that her previous mentor had relocated to Virginia.
Glenn helped the doctor develop a better financial plan by evaluating her business and working with the business budget. Glenn also pulled a group of SCORE mentors together to brainstorm with Dr. Elliot on ways to drive more business to her organization within the next two quarters.
1231 NW 11th Ave
When my business partner, Kari Koch, opened Circle Studio: Pilates and Gyrotonic in 2006 she came to SCORE for help with managing 6 staff members, a quickly growing clientenle and all aspects of day to day operations that were both exciting and overwhelming for a brand new business owner.
Kari credits SCORE for 6 successful years, which included weathering a recession, but ultimately building a thriving business and strong team.
When Kari had a baby in 2012, she asked me to partner with her so that she could continue with the business, but have time to spend with her new family. Kari had such a great experience at SCORE that of course we used them to help us with details of solidifying the partnership; guiding us to take the steps necessary to build a strong foundation and see our staff through the change.
I continued working with a mentor (and still do!) and taking classes at SCORE to build my management skills, learn more about business and educate myself to be a better business partner and owner. What I got was so much more than that.
Kari and I both love Pilates and Gyrotonic because they help keep our clients strong, balanced and aligned; informing all aspects of their daily lives. But you need more than passion for what you do to be a successful business owner.
When I first began working with a mentor; I was in a word, terrified. It was such a big investment and decision; I felt anxious and lost. My mentor and the other incredible volunteers at SCORE met my determination with their own to help me learn basic business and staff management tools. These men and women have a wealth of experience and personal success that is shared with unbelievable compassion and dedication. I incorporated their suggestions into my work and I began to feel more confident and capable.
Kari and I began meeting with a mentor together in addition to my individual sessions to help us thrive as partnership. Today we have 10 happy, successful employees, a strong client base, and a wonderfully supportive partnership that uses our strengths and differences for our benefit.
What I would suggest to any new or potential business owner is this: go to SCORE and put in the work to build a strong foundation for your business, take their suggestions and use your passion to create a thriving business.
As an owner I am becoming more balanced, strong and centered every day just as I do from my work in Pilates and Gyrotonic; all thanks to SCORE.
Cash Flow Template in Excel
Short Business Plan Template in Word
I’ve been an independent media and public relation consultant for almost a year. As a first-time self-employed tax filer, what business deductions am I entitled to?
One of the most common business structures used to start a business is the sole proprietorship. But sole proprietorships/Doing Business As (DBAs) aren’t popular because they’re essential or even helpful—it’s because they’re simple to form. There’s no formal action required to start a sole proprietorship, and many people own them without even knowing it. For example, if you were to start building and selling rowboats out of your garage, you would be a sole proprietor. There is legally no distinction between the business and you, the owner. Sole proprietorships are formed automatically—all you need to do to form one is sell something. In many cities, states, and counties, you can register a Sole Proprietorship business name (aka: a DBA) for as little as $5. But with a sole proprietorship/DBA, you reap all the profits and you carry the weight of all your debts, losses, and liabilities.
After you’ve filed formation documents to create your business (i.e. Articles of Incorporation, Articles of Organization) and have gotten your paperwork back from the state, you’re ready to open your doors, right? Now what?
There are a few more requirements you should consider before you are fully ready to operate:
There are a handful of states which require initial reports and tax forms to be filed, as opposed to waiting to file an annual report. These states and their requirements are as follows—
A step-by-step checklist to incorporate your business—yourself
Below, you’ll find a simple checklist with step-by-step instructions to help explain how to incorporate your business—yourself. Take a look:
Find a Name
An Employer Identification Number, also known as an EIN or FEIN, is a 9-digit number that identifies your business with the IRS. It is basically your business’ social security number, and all businesses need one. The EIN helps the IRS track wages and identify your business tax account.
Follow this handy checklist to get your EIN today:
EIN checklist if you have a Social Security Number:
Go to IRS.gov and select “Apply for EIN Online”
Have this company information ready: