Ask the Right Questions Before You Start a Small Business
If you plan to start a small business, chances are you have many questions. And, that’s a good thing. For example, if you haven’t already, sooner or later you may be wondering:
• How do I get a business loan?
• Where are good places to advertise?
• What workplace safety laws govern my business?
• Should I be a sole proprietor or form a corporation?
• What should my pricing formula be?
• Can my community support another business like mine?
• How do I interpret an advertising rate card?
• Should I run the business from home or rent space?
• Where will I find suppliers?
• Should I trademark my business name?
• Is my product marketable online?
• What goes into preparing an employee handbook?
• Should I have an attorney review all my documentation?
One proven resource for getting the right answers to all of these questions is SCORE “Counselors to America’s Small Business.” SCORE is a nonprofit association that aids the formation, growth and success of America’s small businesses. Nationwide, 11,000 expert business experts donate their skills, experience and insights through free, confidential counseling.
SCORE’s business counselors have owned or worked for successful small businesses, plus corporations known worldwide, like Hewlett Packard, IBM, Xerox, Procter and Gamble, Exxon Mobil and Citicorp. You can be mentored by bankers, accountants, marketing experts, computer programmers, line managers, human resources professionals or CEOs. SCORE brings expertise that covers both the general issues every business must face and such specialized areas as defense contracting, direct mail marketing, freelance fashion design and toy manufacturing.
To learn more about SCORE, visit www.score.org or the U.S. Small Business Administration (SBA) Web site, www.sba.gov. These Internet resources provide information on starting, financing and expanding your business. In addition, SCORE’s Web site offers how-to information, success stories and access to more than 1,200 online counselors.
If you prefer person-to-person contact, SCORE has 389 chapters throughout the United States. A call to 1-800/634-0245 will provide a referral to the one nearest you. Counselors are on duty throughout the week to schedule appointments with aspiring entrepreneurs and current small business owners.
