Original text

WASHINGTON, Sept. 20, 2023 – With over 35,000 food trucks generating $1.5 billion in revenue in the U.S., it’s no surprise when entrepreneurs want to join the industry with a food truck business of their own. But to succeed in a competitive market, entrepreneurs need the right guidance, resources and support.

WASHINGTON, Sept. 13, 2023 – Hispanic-owned businesses contribute $800 billion to the U.S. economy annually, yet nearly a third of Hispanic small business owners cite raising capital as one of their greatest business challenges. As they continue to work toward a better financial future, entrepreneurs can benefit greatly from the help of an experienced mentor.

WASHINGTON, Sept. 7, 2023 – SCORE, a nonprofit resource partner of the U.S. Small Business Administration, has named Kat Shepherd of Moreno Valley, Calif. the winner of its 2023 Conductor Field Leadership Award for her outstanding service, dedication and contributions to the nonprofit organization and its mission.

WASHINGTON, Aug. 2, 2023 – Black business owners are more likely to seek – but less likely to receive – outside funding than white business owners, according to a survey by SCORE, mentors to America’s small businesses.

WASHINGTON, July 19, 2023 – Seventy percent of small business owners are aware of AI tools, but only 40 percent are actively using them, according to a recent webinar hosted by SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration. 

WASHINGTON, July 6, 2023 – Rural small businesses face a unique set of challenges, but they also have advantages over their urban and suburban counterparts – such as a tendency to be more profitable. 

Entrepreneurial Benefits of a Rural Environment 

WASHINGTON, June 20, 2023 – Think about all the time and resources you have invested in your small business. Imagine that it’s all gone: furniture, equipment, inventory, records, everything. What would you do?

WASHINGTON, June 1, 2023 – To amplify and celebrate LGBTQIA-owned businesses during Pride Month and all year long, SCORE, a resource partner of the U.S. Small Business Administration, asked LGBTQIA+ entrepreneurs and allies for their best advice. From providing ongoing monetary support to partnering with firms that support gender equality, here are some top suggestions to support LGBTQIA-owned businesses.  

WASHINGTON, May 24, 2023 – To establish a successful small business, entrepreneurs should focus on what problem their service or product solves, according to SCORE, mentors to America's small businesses and a resource partner of the U.S. Small Business Administration. 

Getting started 

WASHINGTON, May 10, 2023 – Six in ten small business owners report increasing wages to hire and retain workers but worry higher costs are "not healthy business-wise," according to new data from SCORE, a resource partner of the U.S. Small Business Administration. To maintain profitability and employee satisfaction, entrepreneurs are finding compensation isn’t the only solution.

WASHINGTON, May 4, 2023 – Asian-owned businesses make up the largest share of minority-owned employer businesses in the U.S., employing 5.2 million people and generating $841 billion revenue annually, but face surging financial challenges and a need for greater access to capital, according to a meta-analysis by SCORE, a resource partner of the U.S. Small Business Administration.

WASHINGTON, April 26, 2023 – Small business owners are facing a “nightmare” scenario in finding, hiring and retaining employees, according to new survey data from SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration.