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SCORE Can Help Small Business

SCORE Can Help Small Business. For The Life of Your Business. Why is Small Business Important?. The U.S. Small Business Economy. There are 27.8 million small businesses(<500 employees) nationwide.

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SCORE Can Help Small Business

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  1. SCORE Can Help Small Business For The Life of Your Business

  2. Why is Small Business Important? The U.S. Small Business Economy • There are 27.8 million small businesses(<500 employees) nationwide. • Small businesses employ 49 percent of the private workforce and represent 99 percent of all firms. • Small Business births remain below pre-downturn levels.

  3. Why is Small Business Important? The Wisconsin Small Business Economy • There are 439,700 small businesses in Wisconsin. • Small businesses employ 52 percent of the private workforce in Wisconsin. • In SE Wisconsin, there are 168,000 small businesses.

  4. What is SCORE? SCORE National • A resource partner of the SBA • 13,993working and retired professional volunteers • Non-profit • 364 U.S. chapters (8 in Wis.) • More than 9 million small businesses and entrepreneurs served since 1964

  5. What is SCORE? Who Are SCORE Volunteers? • Men and Women • Retired and Working • Diverse • Successful Business owners and Corporate Executives • Real World Experience • Trained in mentoring small businesses and entrepreneurs

  6. What is SCORE? In-Depth Business Experience • Business Planning • Sales & Marketing • Advertising • Social Media • Management • Operations • Customer Service • Accounting & Bookkeeping • Insurance • Personnel & Payroll • Information Technology • Manufacturing • Start-Ups • Global

  7. What is SCORE SCORE SE Wisconsin • SCORE SE Wisconsin provides service to 10 counties in the southeast section of our state: • Milwaukee, Waukesha, Racine, Kenosha, Sheboygan, Ozaukee, Washington, Dodge, Jefferson and Walworth • 70 Volunteer professional business mentors and workshop instructors

  8. What is SCORE? SCORE SE Wisconsin Locations • Main Office—310 W. Wisconsin Ave. Milwaukee • Milwaukee Co. Research Park (Workshops) • West Allis, Upper Iowa University (Workshops) • Milwaukee Urban League • Sheboygan County Chamber of Commerce • West Bend, UW Washington County • Menomonee Falls Chamber of Commerce • Sturtevant, iMET Gateway Technical College • Local Libraries and Coffee Shops

  9. What is SCORE SCORE SE Wisconsin Website • www.scoresewisconsin.org • Sign up for workshop or mentoring. • Access business resources. • Volunteers Insert your own picture or delete picture

  10. What does SCORE do? Products and Services • Provide quality, free and confidential mentoring to small businesses. • Face-to-face • Phone • E-mail • Provide low cost local workshops • Provide tools (Website, alliances, partnerships) for business planning and development. • Provide volunteers for other business related community activities

  11. What Does SCORE Do? Mentoring Process • National training program • Local and national mentors • Strictly confidential • No charge—no limit • Mentoring at SCORE Office, client or neutral location • Team approach • Mentor, coach, cheerleader • Not a consultant or an agency

  12. What Does SCORE Do? National E-mail Mentoring • Opportunity to access vast experience pool. • Client enters capabilities needed (e.g. technology start-up). • Computer matches request with the volunteers throughout US. • Client selects counselor that they feel best meets their needs. Insert your own picture or delete picture

  13. What Does SCORE Do? Who Are the Typical Clients? • Many are start up businesses, or just a person with an idea. • Questions regarding structure, sales, marketing, loans, etc. • Most of the time we try to work with the client to develop business plan • Others are existing businesses • Improve sales or financial performance • Expand the business • Buy/sell a business • Move into a different direction • Develop a business plan

  14. What Does SCORE Do? SCORE SE Wisconsin Workshops • Business Basics • Business Planning • Using Financial Statements • Developing a Marketing Plan • Business Management Best Practices • Internet and Social Media Marketing • Quick Books Insert your own picture or delete picture Small fee to cover expenses

  15. Is SCORE Effective? SE Wisconsin Growth

  16. Is SCORE Effective? New Mentoring Clients Have Increased 29 Percent in 3 Years

  17. Is SCORE Effective? SCORE SE Wis. Helped Nearly 4,000 Small Businesses

  18. Private and Public Funding SCORE SE Wisconsin Funding

  19. Is SCORE Effective? Investment in SCORE has Great Return • $173 SCORE’s cost to help create 1 business • $104 SCORE’s cost to help create 1 job • $57 SCORE clients return to US Treasury for every dollar appropriated to SCORE • 726 New businesses started and 471 jobs created in Wisconsin in 2011 Source: 2011 Gallup Customer Engagement Survey

  20. Is SCORE Effective? SCORE SE Wisconsin Results for 2012 • 2,599 Total clients counseled • 54 % Were self employed • 29 % Started a new business • 68 % Added employees • 77% Recommended SCORE to an associate Source: 2011 Gallup Customer Engagement Survey

  21. How Can You Support SCORE? Become a SCORE Partner • Refer small businesses and entrepreneurs to SCORE for counseling and workshops • Become a SCORE volunteer or create an opportunity for employees to give back to your communities • Sponsor local SCORE events—workshops, counseling events, on-site counseling, etc. • Contribute resources to SCORE

  22. How Can You Support SCORE? What is in it for You? • Help our local economy and business development by helping small businesses be successful. • Help small businesses create jobs and economic growth in our community. • Use SCORE as a partner to fulfill business community involvement goals. • Personally very rewarding to help others succeed.

  23. Questions? SCORE SE Wisconsin 310 W. Wisconsin Ave Milwaukee, WI. 53203 414-297-3942 SCORE National www.score.org SCORE SE Wisconsin www.scoresewisconsin.org Insert your own picture or delete picture

  24. Back Up

  25. What Does SCORE Do? Keeps your business skills up to date—continue to learn. Utilizes skills you have developed during your career—clients think you are amazing. Gives you a great appreciation for small businesses — plate spinning analogy. It is personally very rewarding. What are the Benefits of Being a SCORE Mentor?

  26. SCORE Counselors Are Backed Up By Great Business Tools Insert your own picture or delete picture

  27. Financial Templates Insert your own picture or delete picture

  28. Volunteer Site to Keep Our Skills Current Insert your own picture or delete picture

  29. Online Counselor Training Insert your own picture or delete picture

  30. Materials to Help Do Our Job Insert your own picture or delete picture

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