Recreation and Travel

4 Walls Media Group Presentation

About the Author

4 Walls Media Group 

1 Leonard Ave.

Hooksett, NH 03106

603 623-8007

http://www.4wmg.com

 

 


In order to access this resource although it is available at NO Cost you must have an Onondaga County Library Card!


          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.  

Elite Soccer

Mike Steele’s life has revolved around a soccer ball since childhood. While playing and coaching, he still made time to earn his Masters of Social Work and work as a middle school counselor. However, he witnessed the importance of sports in a child’s development and realized his goal.

In 1998, Mike created Elite Soccer for both team training and soccer camps. Within a few years, more students ran on the Elite soccer fields, and soon, Mike’s business was training more than 40 teams annually. He asked SCORE to help with his business growth and operations.

www.elitesoccer.net

Owner/Founder
Mike Steele
My Location
Arlington Heights IL
United States
Year Company Formed
1998
My Successes

Elite Soccer grew to meet the demands of parents and players, but Mike wanted to be more involved in his neighborhood. He established a nonprofit, Elite Soccer Community Organization (ESCO) in 2010 to sponsor community events. His goal is not just to coach kids in soccer but also in academic pursuits and community involvement. Elite teams have played in national and regional competitions and 40 coaches from around the country train over 1000 students in its year-round operations.

How SCORE Helped

From 2008 to 2014, SCORE helped Elite Soccer grow from two partners working part-time to 30 full-time employees. In this period, Mike Steele bought out his business partner with the help of his mentors, Larry Lakin and Earl Shraiberg. They helped with the business valuation and negotiated for the buyout transaction. Mike sought their advice through all aspects of operations and growth including accounting, HR and other management tasks. SCORE helped Elite Soccer score.

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. 

Business Technology - Finances (4 of 4)

Summary

Business Technology - eMarketing

Summary

Business Technology - Websites

Summary

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.

Ask SCORE

          A friend and I are considering becoming partners in purchasing an existing, somewhat successful hobby shop. I’ve known him a long time, but we’ve never been in business together. What is your opinion of partnerships?  

          The partnership has been the foundation for millions of successful small businesses. Unfortunately, it has also been the source for innumerable disputes, arguments, irreparable relationships and lawsuits, all of which exacted economic and personal costs on the people involved.

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.  

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