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SCORE Business Advisory

Your Trusted Business Advisor

Would you like a team of advisors to help your business overcome obstacles? SCORE NYC assigns a team of three experience and selectively chosen SCORE mentors to focus on your business and develop solutions tailored to your company's needs.

Schedule a SCORE Advisory Board Consultation

Learn more about our SCORE Advisory Board

Hear from Carolyn Katz, a SCORE Advisory Board mentor, to get more insight on the role that the Business Advisory plays in your business' success.

SCORE NYC’s Advisory Board Service, Your Trusted Business Advisor can provide:

  •   Advice on difficult decisions facing your company
  •   Recommendations on ways to address current challenges you have identified
  •   Expertise in many areas, including sales, marketing, human resources, finance, franchising and operations
  •   Unbiased  perspectives from a team dedicated to your success
  •   Assistance with  challenges in motivating and retaining employees
  •   Guidance for succession planning and management transitions
  •   Ways to keep your team focused on the company’s goals

Our process includes:

  •   Onsite business assessment to identify your company’s challenges, including those you identify
  •   Partnership with a dedicated SCORE Team Leader to guide you through the Advisory Board process
  •   Advice on convincing your company to own the process
  •   Unbiased  perspectives from a team dedicated to your success
  •   Guidance on the development of a 1-3 year strategic action plan to prepare your company for the future
  •   Quarterly update meetings during our minimum one-year commitment

We strongly encourage active participation by the Company's top management team and/or outside advisors. A minimum one-year commitment is required.

This unique and cost-effective service (only $4000 per annum) is for clients who have been in business for more than two years, have sales in excess of $2 million, and have a management team in place.

Interested in having your own team of business advisors? 

Schedule a Consultation Today!

Alan Weiner

SCORE's Advisory Board help keep our management team focused. Their guidance has had a direct positive impact on efficiency and profitability."

- Alan Weiner

Bob Chory

We have had a great experience with the SCORE Advisory Board. The team's creativity and knowledge really help keep is on track and accountable and they act as a responsive sounding board from which we are able to get very good guidance and advice"

- Bob Chory

John Liu

Firstrade had reached a critical point and needed to make critical decisions in order to grow. SCORE's team recommended a strong course of action that reinvigorated our business."

- John Liu

Abraham Taub

It's been a great experience working with SCORE's Advisory Board. As Guardian Booth continues to experience exponential growth, our team appreciates the Advisory Board meetings where we enjoy the input from experienced professionals in brainstorming solutions to critical issues.

- Abraham Taub


Frequently Asked Questions


Yes the Advisory Board can last longer than one year. The client and SCORE Advisory Board will jointly discuss the need and benefits to extend our time with you.
The CEO is not directly involved in the selection of prospective Advisory Board members. We work with you to build the Board based on your interests, challenges, and our advisory board experience; it's definitely a conversation with you. We meet with you at your physical site (if applicable) to discuss your business history, financials and pain points before we look for Advisory Board members. We then gather a SCORE team that is broad and deep in their experiences/skill sets which can add a great deal of thoughtful commentary to your AB experience.
There are three general qualifications for an Advisory Board: A. Annual revenues > $2Million B. CEO and key personnel are involved in the Advisory Board meetings C. A demonstrated willingness to be transparent and collaborative D. SCORE capabilities in matching mentors to the skill sets and expertise needed to guide you and add business value.
Yes. Changes to the Advisory Board members can occur if there is a business need.
SCORE has over 80 mentors in the New York City Chapter and over 10,000 across the United States. Many of our mentors are entrepreneurs who have started their own business. The SCORE New York City Chapter has mentors with backgrounds in social media, e-commerce, marketing, law, tax, food, non-profit, media, finance, operations and insurance (this list is not all inclusive). We have the opportunity of working with the other 10,000 nation-wide members when a unique need arises.
In general there are three Advisory Board members but every team is different.
To achieve maximum benefit from an advisory board, conversations should be direct, open and honest about the direction the CEO wants to take the company. It’s very difficult to achieve strategic goals such as scaling up, selling, or franchising for example without key person resources. If there is information you do not want to share, we suggest that you speak with us about it and then we can make mindful decisions.
First, we do not look over your shoulder. It is not our role. We are an objective service team that brings years of collective experience to share with you so that you can make informed choices and see opportunities. We are not a governing body that sets policies for corporate management and oversight. The Advisory Board answers to you, not the other way around.
Yes we work with companies of all sizes. We generally work with organizations between $2 - $25 million in revenues.
The Advisory Board is here to discuss the challenges you are facing. We provide both strategic and tactical advice, however most of our work is at the strategic big picture level.
Most CEO’s of small businesses are mired in the day to day operations of their business. One of the benefits of an Advisory Board is the longer term strategic focus we bring to your business.
The Advisory Board consists exclusively of SCORE mentors. SCORE mentors are business experts in their field; all mentors are unpaid volunteers.
For peer to peer CEO mentoring, SCORE has a Business Roundtable group where peer CEO’s get together on a regular basis to discuss their business pain points and to learn from each other.
During the COVID pandemic, SCORE Advisory Board’s met virtually. Once we are cleared to meet in person, we encourage all Advisory Boards to have in-person sessions.
SCORE Mentors are experts in their field. They continue to have deep contacts and knowledge in their field through networking and continuing education. Our mentors participate in the same workshops as those offered to its clients and potential clients. SCORE also continually recruits for new volunteers which helps us to build our own internal portfolio of professionals. In addition to mentors, we have Subject Matter Experts from various industries and professions. We make every effort to have expertise that is relevant and diverse.
Yes. Our annual service fee is $4,000. If the Advisory Board is extended for another year, an additional $4,000 fee is incurred.
CONNECT
1165 Herndon Parkway, Suite 100
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Herndon, VA 20170
646-580-2066

Copyright © 2023 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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