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Building Financial Forecasts

March 12, 2014

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.

Blog

Involve Your Employees, Share Your Profits With Them

February 26, 2014

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.

Blog

Small Towns as Business Incubators

March 29, 2018,

Small towns have undergone dramatic change, from being the central meeting place for farms and villages, to becoming isolated bedroom neighborhoods of larger cities. One of the most successful support structures for small business growth have been business incubators.

success story

Wolf Hollow Brewing Company

The SCORE team continues to meet regularly with us and provides an experienced sounding board for our ideas and strategy moves as a start-up and now, young company. Read more

Peter Bednarek
Co-Owner, General Manager, Wolf Hollow Brewing Company
success story

Terra Dura Landscapes

Tom Barton, SCORE mentor and retired CPA, pushed Walsh to build a solid foundation for his business before moving forward with his big ideas. Read more

Andrew Walsh
Terra Dura Landscapes LLC
success story

L.O.C.A.L. S.T.E.W. U.

The Connells sought SCORE mentoring as they moved their school from rural Virginia to Richmond. Read more

Resi Connell
L.O.C.A.L. S.T.E.W. U.
success story

Touright Bicycle Shop

“We knew experience is the best teacher, so we couldn’t go wrong in reaching out to a SCORE mentor who had successfully run a small business,” David recalls. The couple has worked Read more

David and Susan Sperstad
Owners, Touright Bicycle Shop
success story

Heidelberg Bread Company

Bissell met with SCORE volunteer mentors Phil Owens and Sam Russo, who provided help writing a business plan. Read more

Boyd Bissell
Owner , Heidelberg Bread Company
success story

Homestead Beer Co.

"Without SCORE I don’t know that we would have been able to open. Read more

Adam Rhodes and Kevin Atkinson
Co-Owners, Homestead Beer Co.
success story

Zeponic Farms

“Without Len’s mentorship, Zeponic Farms would still be in the planning phase,” Zepf says, crediting volunteer Len Johnson for helping Zepf overcome the steep learning curve of sta Read more

Zach Zepf
founding partner, Zeponic Farms
success story

Carmel Honey Company

Reisdorf met SCORE mentor Larry Horan, who helped blend his newfound knowledge with a solid business approach. Read more

Jake Reisdorf
President, Carmel Honey Company

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