Nonprofit, Public and Professional Organizations

 

Ask SCORE
After working for more than 25 years in the publishing industry, the company I worked 
for downsized and I accepted an attractive buyout package. Now I’d like to start my own 
business. What do I do first?
 

 

About the Author

 

This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly 
70 current and former business executives available to provide free, confidential, one-on-one 
business mentoring and training workshops for area businesses. Call 603-666-7561 or visit 
merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer 
opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S. 
Small Business Administration.

Lee Maki

Chapter: Peoria SCORE

Lee worked 44 years in Technical marketing field for Caterpillar, Inc., most recently as Senior Marketing Professional working with independent dealers identifying improvement opportunities with their product support operations.  This also involved training of service managers and first line supervisors with the business management of the product support operations.  Lee was invovled with product development team for introduction of new and updated products.

 

Resume

Education

Lehigh University - BSME

 

Edward Sachs

Current City: Naples, FL
Chapter: SCORE Naples

Starting as a commercial lender to the largest and smallest companies over 40 years, today I consult.  Areas of interest are business plan strategy and  creation, cash flow improvement, loan recovery, loan reporting and due diligence, and originating or improving banking relationships. 

Resume

Education

CPA State of Illinois

MBA in Finance Booth School of Business, University of Chicago

Bachelor of Science in Economics, Wharton School, University of Pennsylvania , marketing major

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:
  • Liability shield. LLCs provide their owners (called “members”) with a statutory liability shield that is essentially identical to the corporate shield.

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.

 

Ask SCORE
I’ve recently taken my business plan for a new and innovative consumer product to several banks seeking funding, but have had no success. What are some other financing options that might be available to me?

 

Ronald L Coosaia

Current City: Palm Desert, CA
Chapter: Detroit SCORE

30 years experience at all levels of light and heavy manufacturing management.  

Expertise: Manufacturing/Assembly Management, Start Up, Business Planning, Leadership, Quality Control, Budgeting, Logistics and Manufacturing/Plant Engineering.

Skilled and accomplished at all levels of manufacturing manage from floor level supervisor to plant manager.  Developed business plans and successfully launched several new products.  With 30 years experience in manufacturing I am well grounded in start up, quality control, budgeting, planning, supply management and manufacturing/plant engineering.

I have a Business Administration Degree and Associates Degree in Industrial Engineering from the University of Michigan.

Currently reside in Palm Desert California, am a member of the Detroit SCORE Chapter and have been counseling since 1998.

Will phone and site counsel as required.  

Have been counseling since 1998.

Resume

Education

Bachelors Degree in Business Administration University of Michigan
Associates Degree Industrial Engineering University of Michigan

 

Ask SCORE

            My partner and I have been running our laser engraving business ourselves for the past two years. We’ve reached the point now where we’re both completely maxed out, so we’re considering hiring at least one employee. Where do we start  Read more.....

Ask SCORE        

            Over the past 15 years, nearly two-thirds of new jobs have been generated by small businesses. Yours may be one of them. That’s good news for your local economy, for your customers whose expectations for quality service are higher than ever, and for you, as you can focus your energies on other priorities.

Phoebe Wilson

Current City: Rockport, TX

35 years as a CPA, working for an international firm (7 years) and independently providing audit and tax services to medium sized companies. 5 years teaching accounting courses at California State University, Monterey Bay. Nonprofit experience includes CFO at Hospice of the Central Coast (7 years), accounting and taxation for various small nonprofit organizations. Rental manager for short-term rentals (7 years).

Resume

Education

1977 BS-Accounting California State University, Sacramento

This document details the requirements for forming a not-for-profit organization in Connecticut.

STARTING A SMALL BUSINESS IN CONNECTICUT

FORMING A NOT-FOR-PROFIT ORGANIZATION

BACKGROUND

Forming a not-for-profit organization is allowed under Section 501 (c) of the Internal Revenue code and must follow some strict guidelines. There are two general categories of not-for-profits:

Provides steps to set-up a non-profit organization to comply with federal and state requirements. Also includes samples of Articles of Incorporation, By-laws and funding sources.

  

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