1. SCORE Service Corp of Retired Executives Counselors to America’s Small Business Resource partner of the Small Business Administration

2. SCORE National www.score.org Founded 1963 Founded 1963 390 Chapters 390 Chapters 10,500 Volunteers 10,500 Volunteers A non profit association dedicated to educating entrepreneurs in the formation, growth and success of small business nation wide.

3. SCORE Houston www.scorehouston.org 70 Volunteers 70 Volunteers Half Entrepreneurs Half Entrepreneurs Half from industry Half from industry Not all retired Not all retired Extensive backgrounds and expertise Extensive backgrounds and expertise

4. SCORE We educate We educate We Counsel We Counsel We Mentor We Mentor

5. We Educate Seminar Seminar Workshops Workshops –Business planning –Marketing –Money Management Speakers bureau Speakers bureau

6. We Counsel Free and confidential We Counsel Free and confidential In Person In Person 8701 S Gessner 7 other locations E Mail E Mail

7. We Mentor Free and confidential Smart Squad Smart Squad In Office In Office On site On site

8. Why help Small business ? 50% of private sector employees 50% of private sector employees Most first time employers Most first time employers 45% of private payroll 45% of private payroll 60-80% net new jobs 60-80% net new jobs 97% exporters 97% exporters Majority of innovations and patents Majority of innovations and patents 25 million small businesses 25 million small businesses

9. Business Survival 2 year survival 66% 2 year survival 66% 4 year survival 44% 4 year survival 44% 7 year survival 31% 7 year survival 31% With planning and counseling chances for success are increased

10. Entrepreneurs When big business has down turn When big business has down turn They lay off people When small business has a down turn When small business has a down turn They innovate and work harder

11. Personal factor for success Are you a self starter? Are you a self starter? Are you a leader? Are you a leader? Can you accept responsibility? Can you accept responsibility? Are you a good organizer? Are you a good organizer? Are you a hard worker? Are you a hard worker? Is your family supportive. Is your family supportive.

12. Factors for success Business plan Business plan Marketing plan Marketing plan Financial plan Financial plan Quality products and service Quality products and service Good advice Good advice SCORE can help

13. Business plan Needed for: LendersInvestorsYou

14. Marketing Must have customers to survive and prosper Must have customers to survive and prosper Know how to market on a limited budget Know how to market on a limited budget Know how and when to advertise Know how and when to advertise Track results When business is good When business is bad

15. Financials Must have good record keeping Must have good record keeping Income statement Income statement Cash flow projection Cash flow projection Balance sheet Balance sheet Amount needed to open door Amount needed to keep door open

16. Wrap up We educate We educate We counsel We counsel We mentor We mentor SCORE Houston SCORE Houston 8701 S Gessner Suite 1200 Houston, Texas 77074 713-773-6500www.scorehouston.org

17. SCORE can help Counseling is free and confidential Counseling is free and confidential You can help You can helpVolunteerRecommend