Welcome to the SCORE Small Business Success Blog, where small business experts and mentors share tips, discuss trends, and provide advice on a wide range of topics affecting entrepreneurs in every industry.

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Cash Cow and Business Portfolio Health

Article Language: English
February 25, 2022

The role played by a “Cash Cow” component in your business portfolio is often undervalued and overlooked. Simply stated, the term “Cash Cow” is a term commonly used to describe a product or service which consistently generates positive cash flow. Typically “cash cows” are well established and within the mature stage of the business cycle. As such they offer limited opportunity for growth and require minimal new investment.

Blog

The Entrepreneur’s Critical First Twelve Months

Article Language: English
February 24, 2022

Start-up businesses typically work with a limited cash reserve. As an initial step in your planning process, prepare a cash flow projection for the purpose of finding the point at which the business will reach a “breakeven” point” and subsequently begin to generate a positive cash flow. Despite the amount of research carried out by entrepreneurs, often revenue projections are overly optimistic and operating costs underestimated.

Blog

Is it a business or a hobby?

Article Language: English
February 23, 2022

Many clients approach SCORE with ideas derived from established hobbies. Before investing large amounts of time and money to launch a new business the owner needs to consider whether It’s a realistic business opportunity or an expanded hobby.

Blog

Starting A Business? You Need a “BAIL” Team

Article Language: English
January 24, 2022

Thinking of starting a business? Maybe you want to own a food truck. Maybe you want to sell products on the Internet. Maybe you have an opportunity to buy an existing business. Well, no matter what your business idea or ambition may be, you need a “BAIL” Team to help you be successful.

Blog

Running with Courage by Zenetria Ward

Article Language: English
December 9, 2021,

Many people tell you that entrepreneurship is not for the faint at heart. And many people going into business wonder why. Well, it’s because stepping into your dreams takes courage. Courage lies at the very seat of your soul.

Blog

Success Should Be Measured By The Balance of Life, Not By How Busy You Are

Article Language: English
November 9, 2021,

The social scene is back! As the holiday season approaches, it’s easy to get overwhelmed with the influx of social and networking events available to our small business community. As a business owner, how do you effectively run your business while efficiently managing your time?

Blog

A Letter from the Chapter Chair

Article Language: English
October 1, 2021,

Welcome to Savannah SCORE! As the newly appointed Chapter Chair, it is a great privilege to lead our team of expert volunteers. Our number one goal is to inspire and assist the small business community that makes Savannah so unique. Over the coming months, you will notice a few enhancements to our local chapter including a new website, highlighting our local clients and mentor team; refreshed education programs that are relevant to today's business community; and an inclusive approach to ensure that our team accurately represents the entire local business community.

Blog

Riding the Small Business Roller Coaster

Article Language: English
May 24, 2022,

As we close out what some call “Small Business Month,” it’s a good time to check in on how small business owners feel and what they think about their future prospects.

Blog

11 Questions To Cover During a Midyear Check-In

Article Language: English
May 17, 2022,

From asking about short and long-term goals to identifying top-performing employees, there are several questions to cover during a midyear check-in.

Blog

9 AAPI Business Owners Share Their Secrets To Success

Article Language: English
May 12, 2022,

From adopting solid business practices to working with a goal-oriented mindset, there are several success secrets shared by AAPI business owners.

Blog

Social Selling Success

Article Language: English
May 10, 2022,

Social media has increasingly become a more important channel for retail sales, so it’s even more an imperative to make social commerce a part of your sales strategy.

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