The author offers an unusual approach to reducing the risk of starting a new business. The author analyzes his experience with a client and proposes a straightforward approach to building a company's financial model from start to finish.The author describes step-by-step the process how to validate the data while also demonstrating the reasons of why clients might face a problem of adapting SCORE spreadsheets to produce a reliable financial forecast.
Norm Beckert emphasizes the role of the employees in the high customer satisfaction. The author's recommendation is to treat the team members - he calls them Team Players - as partners by giving them key leadership roles and to reward them by using Profit Sharing Program.
It’s one of our favorite times of the year here at SCORE, when we honor small business success stories at the SCORE Awards. This year’s honorees and their mentors have diverse business interests and experience, and together, they exemplify the spirit of small business in the United States.
Gidgette and Ken Moshier decided to draw on their love for traveling and tea, as well as their small business backgrounds, to open the English Garden Tea Room.
There may not be any such thing as a ‘typical’ encore entrepreneur, but there are some characteristics they share.