Top Resources
Download SCORE’s templates to help you plan for a new business startup or grow your existing business.
Download this financial projections template to calculate your small business expenses, sales forecast, cash flow, income statement, break-even analysis & more.
The SCORE Startup Roadmap is the perfect tool to start the journey to your new business.
Our Resources
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.
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.
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.
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.
SCORE, which helps people start and reshape small businesses, also helps people who want to start not-for-profit or community service organizations. These organizations are generally focused on serving a need related to health, social needs, the arts, or other areas where the founder’s drive is service rather than profit.
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.
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?