WASHINGTON, March 15, 2023 – Two-thirds of small business owners say they could benefit from outside financing, yet many of them either do not apply or do not qualify, according to SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration. One of the factors that prevents small businesses from seeking or obtaining financing is poor credit history.
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WASHINGTON, March 1, 2023 – Woman-owned businesses in the U.S. top 12 million and generate $2.1 trillion in receipts annually, with female founders representing 22.4% of all small business owners, according to SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration. This Women’s History Month, SCORE celebrates women entrepreneurs and their indelible impact on the U.S. economy.
WASHINGTON, Feb. 23, 2023 – SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration, announced today that SCORE Broward (Fla.) is the 2023 national winner of Chapter of the Year (COTY).
SCORE Broward was selected from nearly 230 chapters nationwide for outstanding service to local small businesses, resulting in the creation of 419 new businesses and 1,773 new jobs in one year across Florida’s Fort Lauderdale, Hollywood and Broward County communities.
WASHINGTON, Feb. 2, 2023 – Black entrepreneurship is on the rise, benefitting both local communities and the U.S. economy, according to SCORE, a resource partner of the U.S. Small Business Administration. This Black History Month, SCORE is celebrating America’s more than two million Black-owned small businesses and offering support and resources to Black entrepreneurs who want to launch or grow a business.
This article in Entrepreneur lists four trends shaping the small business landscape to be aware of — and take advantage of — as you implement your plans throughout the year.
Millions of Americans took the plunge into entrepreneurship last year, according to this Inc. article, making 2022 the second most popular year on record for Americans seeking business ownership since 2004.
Officials touting the stats noted that entrepreneurs of color significantly contributed to the uptick in entrepreneurship and mentioned that in particular, Hispanic entrepreneurs started businesses 44 percent faster than their non-Hispanic counterparts over the last decade, citing a meta-analysis conducted by SCORE.
WASHINGTON, Jan. 24, 2023 – This National Mentoring Month, entrepreneurs are harnessing the power of mentoring to launch their businesses to new levels of success. Entrepreneurs who work with a mentor are five times more likely to start a business – and report higher revenues and increased business growth – according to SCORE, a resource partner of the U.S. Small Business Administration and the nation’s largest network of volunteer, expert business mentors.
WASHINGTON, Dec. 14, 2022 - Owning and operating a successful small business is challenging in the best of times, but entrepreneurs who have business plans are twice as likely to obtain capital and are more likely to grow, according to SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration.