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SCORE

SCORE. Service Corp of Retired Executives Counselors to America’s Small Business Resource partner of the Small Business Administration. SCORE National www.score.org. Founded 1963 390 Chapters 10,500 Volunteers

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SCORE

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  1. SCORE Service Corp of Retired Executives Counselors to America’s Small Business Resource partner of the Small Business Administration

  2. SCORE Nationalwww.score.org • Founded 1963 • 390 Chapters • 10,500 Volunteers A non profit association dedicated to educating entrepreneurs in the formation, growth and success of small business nation wide.

  3. SCORE Houstonwww.scorehouston.org • 70 Volunteers • Half Entrepreneurs • Half from industry • Not all retired • Extensive backgrounds and expertise

  4. SCORE • We educate • We Counsel • We Mentor

  5. We Educate • Seminar • Workshops • Business planning • Marketing • Money Management • Speakers bureau

  6. We CounselFree and confidential • In Person 8701 S Gessner 7 other locations • E Mail

  7. We MentorFree and confidential • Smart Squad • In Office • On site

  8. Why help Small business ? • 50% of private sector employees • Most first time employers • 45% of private payroll • 60-80% net new jobs • 97% exporters • Majority of innovations and patents • 25 million small businesses

  9. Business Survival • 2 year survival 66% • 4 year survival 44% • 7 year survival 31% With planning and counseling chances for success are increased

  10. Entrepreneurs • When big business has down turn They lay off people • When small business has a down turn They innovate and work harder

  11. Personal factor for success • Are you a self starter? • Are you a leader? • Can you accept responsibility? • Are you a good organizer? • Are you a hard worker? • Is your family supportive.

  12. Factors for success • Business plan • Marketing plan • Financial plan • Quality products and service • Good advice SCORE can help

  13. Business plan Needed for: Lenders Investors You

  14. Marketing • Must have customers to survive and prosper • Know how to market on a limited budget • Know how and when to advertise Track results When business is good When business is bad

  15. Financials • Must have good record keeping • Income statement • Cash flow projection • Balance sheet Amount needed to open door Amount needed to keep door open

  16. Wrap up • We educate • We counsel • We mentor • SCORE Houston 8701 S Gessner Suite 1200 Houston, Texas 77074 713-773-6500 www.scorehouston.org

  17. SCORE can help • Counseling is free and confidential • You can help Volunteer Recommend

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