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Categorized | Business

SCORE: Your gateway to business success

By Ernie Birge, SCORE Counselor

 

SCORE is here to help entrepreneurs, and owners of small to medium-sized businesses be more successful. SCORE provides free business mentoring through more than 40 experienced individuals in our Grand Rapids Chapter. These volunteers offer more than 400 years of business management experience in many different areas.

If you have a vision of a new business you want to start, contact us and let us mentor you through the process of establishing a formal plan for your business.  We’ll show you how to plan your startup. We’ll help you analyze the competition you will face and learn how to show your potential customers why they should do business with you. Your SCORE mentor will help you determine the financial resources you will need to have available as you get ready to open your doors for business.

If you have an established business and you feel challenged in these challenging times, contact us and let one or more SCORE mentors review your business to help you shape a plan to grow your business. Your mentors will help you form a financial plan, look at your marketing activities, or simply listen to you and serve as a sounding board to give you a support system that helps you lead your business. SCORE advisors can assemble a mentoring team with experts from different specialty areas to help you get advice in areas such as finance, marketing, human resources and management.

You can meet with SCORE just once or on a long-term basis. If you have a simple business question or just want an explanation of how a cash flow statement works, SCORE can provide you with answers. However, you really get the best value from SCORE if you set up a series of confidential meetings to talk about a business problem or opportunity.

There are many factors that support your success in your business: a focused business plan, hard work, quality products and services—just to name a few.

Another contributing factor to small business success is good advice. I encourage every entrepreneur that I talk with to seek out advisors. Note that I say mentors, not necessarily a single mentor. Small business owners benefit from having access to numerous perspectives. The effective leader then takes these insights and distills the ideas and advice into what is right for his or her business.

Small businesses represent economic prosperity in America and here in Western Michigan. The success of small business is important to you as a business owner, to your employees and to this community.

Get free and confidential counseling with SCORE, 111 Pearl Street NW, Grand Rapids, MI 49503. Call (616) 771-0305. Visit our website at www.scoregr.org or email us at score@grandrapids.org.

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