Car Repair and Maintenance

Screening test for startup

Screening test for startup

How to look at costs

How to look at costs

A comprehensive source of information resources compiled under 3 main categories of Planning Tools, Sources of Data, and General Sources.  Each of these 3 categories is broken down into subcategories and detail lists under the navy blue headings.  While Northern Illinois SCORE has made every effort to insure the accuracy of this list, we can not be responsible for changes in the URLs or the content on these references.

A comprehensive source of information resources compiled under 3 main categories of Planning Tools, Sources of Data, and General Sources.  Each of these 3 categories is broken down into subcategories and detail lists under the navy blue headings.  While Northern Illinois SCORE has made every effort to insure the accuracy of this list, we can not be responsible for changes in the URLs or the content on these references.

Planning and analysis templates in Excel, PDF, or Word format to help you analyze specific areas of your business start-up or growth venture.

Planning and analysis templates in Excel, PDF, or Word format to help you analyze specific areas of your business start-up or growth venture.

The selection of a business entity (form) will affect your exposure to personal liability, how you draw profits and pay taxes, your ability to raise capital, how you run your business, and how difficult it is for business reporting.

Generally, all businesses fall into one of these broad categories: Sole Proprietorship, Partnership, Limited Liability Corporation, or Corporation.

A sole proprietorship is an unincorporated business owned by one individual. A partnership is a legal entity existing between two or more persons who join to carry on a trade or business.

If financial problems have overwhelmed your finances, Bankruptcy may be an option.  Read some of the basics here.

http:// http://www.nhbar.org/for-the-public/bankruptypamphlet.asp

G & G Automotive Enterprises

Billl Johnson, Bill Winston and Richard Balog were involved in helping this enterprise. At an early meeting auto repairs on hot rods and high performance vehicles was discussed.  The process of looking for a location for all types of auto repairs was addressed.  Financing and general buisness start-up covered.  Follow-up meetings dealth with SBA loans through BB&T.  They joined the chamber and had grand opening and ribbon cutting.  2009. 

My Location
114 Old Liberty Road
Asheboro NC 27203
United States

Michigan Exhaust and Brake

SCORE mentors often do more than just help their clients with the "how’s," "what’s" and "why’s" of starting a business. Sometimes they assist with the "wheres" as well.

Jeff Frank of Three Rivers, MI, discovered that quality when he first met with SCORE Volunteer Mentor Richard Ward, a retired management development expert. Jeff’s lifelong dream was to own his own automotive repair business. He had even left college for the opportunity to run a muffler shop in nearby Kalamazoo. But after 13 years in that job, Frank and his wife felt it was time for him to strike out on his own. That’s when a newspaper story led him to SCORE.

Owner/Founder
Jeff Frank
My Location
Three Rivers MI
United States
Year Company Formed
2000
My Successes

Having extensive experience in managing an automotive repair shop, Frank had little difficulty preparing his business plan. But finding a suitable location to launch his dream was another matter. The equipment and regulatory requirements for such shops precluded many otherwise attractive locations. That’s when SCORE really came through for Jeff.

All it took was a little bit of rehabilitation, and Frank had the shop ready for his first customers. Although Michigan Exhaust and Brake opened for business on April 1, 2000, Jeff’s success is no joke. He has steadily built a solid customer base over the past year, and hopes to add a second employee this spring. "This is a great site," he says. "It’s perfect for what I wanted to do."

What's Great About My Mentor?

"We met with Mr. Ward for about an hour, and he was very interested in what I wanted to do," Frank recalls. "He showed us examples of business plans and explained what I’d need to put mine together."

"I was able to direct Jeff to a nice piece of city-owned property that was previously used as an automotive maintenance garage," says Richard Ward. "Although the property was not actually on the market, the city was able to work with Jeff and sell him the property at an attractive price. The shop is located in a neighborhood that is on the upswing, and will surely accelerate in value."

Ward still checks in with his client from time to time to see how everything’s going. "I really appreciate Mr. Ward’s help in pointing me in the right direction,” Frank says. "If I have any other business-related problems or questions, I know who to call on. It’s good to know that this kind of service is available."

How SCORE Helped

“SCORE is a great resource for anybody getting started in business. They can help you with just about anything.” says Jeff Frank.

A list of suggested service providers for SCORE Clients

Data sources of marketing and demographic data for client use, primarily for Business Plans

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