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FAQs
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July 29, 2021
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FAQ Topics - Click on FAQ for answer

FAQ 1: Getting Started, Licenses and Permits How do I get started, what initial contacts do I need to make, who should I get to advise me and what preliminary steps do I need to take financially, legally and governmentally including permits, licenses and tax forms in order to start a business?

FAQ 2: Grants, Loans and the SBA How do I get money to start my business such as grants, bank loans, and money from SBA programs; what information do I have to provide, how much interest will I have to pay and how much personal capital injection and collateral will be required?

FAQ 3: Business Planning Do I really need a business plan and, if so, how is it constructed and how do I generate the information such as revenue, cost and cash flow projections?

FAQ 4: Business Structures How do I determine the best legal structure for my business entity, what are the pro’s and con’s, tax liability implications, costs both short and long term and how is it accomplished?

FAQ 5: Marketing How do I market the products/services of my business?

FAQ 6: Advertising How do I use advertising to attract quality customers at the least cost?

FAQ 7: Marketing on the Internet Would my business profit from having a presence on the World Wide Web; if so, how can it be done most effectively from a functional as well as a cost standpoint?

FAQ 8: Insurance Will I need insurance for my business; if so, what kind, where do I get it and how much should it cost?

FAQ 9: Budgeting What do I do about establishing a budget, recording sales, costs and other financial aspects of my business including tax preparation and cash flow and operating statements?

FAQ 10: Buying a Business If I want to buy an existing business, how do I determine its value and what other factors should I consider in my decision making?

FAQ 11: About SCORE What is SCORE, what do you do, what is your policy on confidentiality and how much do your services cost?

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