Veterans, Guards, Reservists


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          After working in the industry for a number of years, I want to start my own catering business. Conversations with a couple of banks about financing have not been promising, so I’m considering approaching some friends and relatives about borrowing the startup money. Is this a good idea?         

When seeking financing help for a small business, many entrepreneurs turn to friends and family, rather than banks or other lending sources. While this approach may avert the stresses associated with loan applications and presentations before strangers, it carries its own set of risks and potential pitfalls.

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.  

I’m considering purchasing a local, long-established dance studio. I have the training and skills to run it, but have never bought a business before. What advice can you give me? 

          Buying an existing small business can expedite one’s way into entrepreneurship. All the upfront effort has been taken care of, as has much of the learning curve. And with staff and resources already in place, you may think stepping in and taking over is all there is to it.

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. 

Meisch Temple Massager, Inc.

Owner/Founder
Joe Meisch
My Location
P.O. Box 512
Cazadero CA 95421
United States
Year Company Formed
2008
How SCORE Helped

After the completion of his military career, Joe Meisch knew he needed help in transitioning to the business world. "SCORE was the first place I turned to," he said. Joe had created the Temple Massager, a stress relieving head massager, and wanted to build a business around his patented product.
 
"I met with SCORE and they set me straight, helping me to turn my vision into an action plan. They showed me how to develop a business plan and the financials," Joe said.
 
He said he had looked at working with business development groups or hiring a consultant, "but they don't care if you sink or swim."  He said SCORE is more invested in the community. "I discovered they're more inclined to help small businesses and care more about enriching the local economy," Joe said.
 
The Temple Massager continues to grow and Joe is also keen on giving back to the community. He said he's already given more than 1,400 massagers to the Armed Forces as a way of helping his fellow servicemen and women.

Business Technology - Finances (4 of 4)

Summary

Business Technology - eMarketing

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Business Technology - Websites

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Business Technology Program - Overview Webinar (1 of 4)

Summary

This narrated PowerPoint video provides an overview of the benefits and features of using current technology to improve your small business.  It is the first in a four-part series originally developed to provide SCORE volunteers with an overview of current technologies in order to better guide their small business clients.  However, the perspective of the narration in these videos has been changed to be appropriate for viewing directly by small business owners and managers.

Online Workshop|How to Manage your Medical Bills

Summary

David Holt, attorney and SCORE mentor, and David Dubé, sales consultant and entrepreneur, present their ideas on how to take control of your medical bills.  They present ways to manage the fact that you have a medical bill that you can't pay.

Seven Resources for Veterans Starting a Business

Date
Wed, 2015-04-29 08:00

Taxpayers fund between $600 billion and $800 billion to recruit, train, equip, and deploy the U.S. military, according to Sean McIntosh, executive director of The Bunker Kansas City, part of a national program that offers education, mentorship, and access to funding for veteran entrepreneurs. “Our highly-trained, stress-tested, and experienced military veterans are a by-product of that investment,” he says. “They should be re-purposed as job creators.”

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