50+ Entrepreneurs

Broward SCORE Lights Up Small Businesses with 101 Surefire Ideas

Date
Thu, 2011-09-22 14:28

The 101 Surefire Ideas To Help Grow Your Business symposium held at Nova Southeastern University on Saturday April 30. 2011 was well received by the many participants. The free event was organized and run by the Broward Chapter of Score and sponsored by the Davie Costco, Office Edge and Radio 880 AM.

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A unique/different concept on funding your organization

Retirement Education PLUS

Employers bring my company onsite to provide comprehensive, unbiased retirement education as a benefit for their employees. Each seminar is customized for the employer's needs. My company provides experts on a variety of topics, including Social Security, Medicare/health care options, estate planning, financial planning, long-term care, care giving and transition to retirement. The sponsoring companies choose which topics they want, when and in how many sessions and if they want to include their company's retiree benefits. Smaller companies that do not have enough employees to hold a seminar on-site, send their employees to one of our congregate off-site events.

I was facilitating similar seminars for a local nonprofit that closed last year. Former clients and professional colleagues encouraged me to use my knowledge and passion to continue the seminars. We all knew the need for this kind of unbiased information, especially with the large number of baby boomers entering retirement.

Working and volunteering with people in retirement has been a passion of mine. I know how reassuring it is to have the right tools and unbiased information when transitioning into retirement. From my work with human resources professionals, I learned how valuable this information can be to them, especially in this uncertain economy, as they try to answer their employees' questions on Medicare/Social Security/401 (k) decisions.

I started with the model of providing this service used in my previous employment. I have worked hard to improve and expand the content and scope of the information and possible delivery systems.

This economy has been a curse and a blessing. Previous clients were unable to sponsor seminars last year due to decreased revenue or reorganization; that forced me to be more creative and flexible in finding new clients and ways of providing services. We have now provided seminars to companies that look at this as a pre-retirement benefit that may help employees decide if they can take early retirement, participate in voluntary lay-offs or accept decreased retiree health benefits. These companies appreciate the goodwill that has grown up from providing this service in such difficult situations.

I provide objective information because I am not selling additional products or services. The information is the product. By providing experts on many topics related to retirement, one person is not attempting to answer questions outside his/her area of expertise. People appreciate human contact in addition to the online retirement education tools they may have access to at their company. I thrive on working with employees directly to provide the most relevant information for feeling comfortable about their retirement decisions. They come with questions and leave with confidence.

Interview 5/3/2010 by Business News Pioneer Press, St. Paul, MN

 

See video
Owner/Founder
Nancy Lecrone Nonini
My Location
P.O. Box 241334
Apple Valley MN 55124
United States
Year Company Formed
2009
My Successes

I  feel successful Business Planwhen I hear the enthusiastic response of employees who attend the seminars. They thank us and their employer for providing such valuable information on topics they had not even considered previously. They also appreciate the opportunity for follow-up from our experts. We cannot answer all their potential questions at the seminar, but we provide resources they can access in the future. One attendee rated our handouts 110%. That felt like success!

How SCORE Helped

My biggest obstacle was my lack of business experience. I spent a lot of time learning about business plans, marketing, websites, insurance and business taxes at SCORE, the free small business training service supported by the Small Business Administration. My mentors Ed Hennen and Ralph Larson helped me with that entrepreneur education.

This article provides a quick and basic ddescription of how to protect intellectual property.

SCORE Awards Spotlight Outstanding Small Businesses

Date
Wed, 2011-09-07 15:40

 

SCORE Awards Spotlight Outstanding Small Businesses

Entrepreneurs and Supporters Honored at September Event

 

How We Help - the 1 Minute Overview

Date
Sat, 2011-08-27 10:05

The Video

Sign-up now for no-cost help - it is what we do.  No charges, EVER.

This is a graph illustrating when fixed plus variable costs equal business revenue. That is, you neither lost or made any money on that volume for that product or service. Usually this calculation is shown as a graph but numbers of units and dollars are shown on the grid.

Every startup existing company must balance costs with revenues or they will lose money. This calculation, using an Excel formula, will calculate when a certain volume of sales will equal your fixed and variable costs.  The variable costs are the cost per unit of volume. Most business plans will show this calculation.

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