4. Reality: Business Success
After 5
Years
Percent of
New Businesses
(2+ employees)
Source: U.S Dept. of Commerce, Bureau of
the Census, Business Dynamics Statistics
5. Be on the Right Side of the Ratios
Take advantage of the resources that can help
you beat the odds:
7. SCORE
– Non-profit all volunteer
organization dedicated to
helping entrepreneurs and
small business men and
women start, develop, and
grow businesses
– 350 chapters with 13,000
volunteers across the United
States
– Spreads business knowledge
through one-on-one
mentoring and via group
workshops
8. Broward SCORE
• Established 50 years ago
• Very strong chapter with
continuous business
community involvement
• Cadre of 54 volunteers
• 75 face-to-face and on-line
mentoring sessions each
month
• 175 South Florida
entrepreneurs per month
attend our workshops
9. Broward SCORE Mission
• Our mission is to help entrepreneurs and business men
and women start , develop and grow small businesses in
Southeast Florida
– Growing business will have a multiplier effect on the total
community
– To use a well worn mantra….we teach people to fish, rather than
give them fish
10. Volunteers’ Backgrounds
• People committed to helping our
area’s small business community
• Working and retired managers
and owners
• Some have worked for big
companies in our area
• Others have direct ownership
experience and know the
demands put on entrepreneurs
• Many experienced highs & lows
of business cycles
• Most can offer perspective to
help plan short and long range
"What's even better than dreams, is making a
targets and evaluate business
dream come true. Volunteer your expertise,
performance
you've got it- share it!" - Tom Patty, SCORE
Mentor
11. What We Do
Provide Knowledge
Group Settings
• Workshops
• Expositions
• On Line Resources
• Radio
Individually
• Mentoring
• Face-to-Face
• E-Mail
• Telephone
12. SCORE’s Tune Up Team
• Team of SCORE counselors works with business owners and management staff to
identify problems and issues, create solutions, and develop an updated business
plan for your company’s growth
• SCORE counselors on the Team chosen for their expertise in client’s category of
business, or area of need. (Accounting, Marketing, Operations, IT, etc.)
• Turnaround program conducted in series of 4 highly-interactive workshops at your
place of business, with full participation of ownership and management
encouraged
13. ScoreBoard 17 Program
• Board of Advisors for small businesses
• 3 senior executives with CEO experience
• Meets quarterly with the business owners/managers to help:
– Review performance & results
– Discuss issues challenging the business & work through actions to be
taken
– Evaluate opportunities
– Be a sounding board for owners/managers
• Offers non-binding feedback & advice. Owner-Manager remains the
ultimate decision maker.