www.scoresewisconsin.org score can help small business for the life of your business

www.scoresewisconsin.org

SCORE Can Help Small Business

For The Life of Your Business


Why is Small Business Important?

• 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.

The U.S. Small Business Economy


Why is Small Business Important?

• 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.

The Wisconsin Small Business Economy


What is SCORE?

• A resource partner of the SBA• 13,993 working and retired

professional volunteers• Non-profit• 364 U.S. chapters (8 in Wis.)• More than 9 million small

businesses and entrepreneurs served since 1964

SCORE National


What is SCORE?

• Men and Women• Retired and Working• Diverse• Successful Business owners and

Corporate Executives• Real World Experience• Trained in mentoring small

businesses and entrepreneurs

Who Are SCORE Volunteers?


What is SCORE?

• Business Planning

• Sales & Marketing

• Advertising• Social Media• Management• Operations• Customer

Service

• Accounting & Bookkeeping

• Insurance• Personnel &

Payroll• Information

Technology• Manufacturing• Start-Ups• Global

In-Depth Business Experience


What is SCORE

• 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

SCORE SE Wisconsin


What is SCORE?

• 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

SCORE SE Wisconsin Locations


What is SCORE

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• Sign up for workshop or mentoring.

• Access business resources.

• Volunteers

SCORE SE Wisconsin Website

http://www.scoresewisconsin.org/


What does SCORE do?

• 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

Products and Services


What Does SCORE Do?

• 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

Mentoring Process


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• 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.

National E-mail Mentoring

What Does SCORE Do?


What Does SCORE Do?

• 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

Who Are the Typical Clients?


What Does SCORE Do?

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• Business Basics• Business Planning• Using Financial Statements• Developing a Marketing Plan• Business Management Best Practices• Internet and Social Media Marketing• Quick BooksSmall fee to

cover expenses

SCORE SE Wisconsin Workshops


Is SCORE Effective?

53

58 59

65

70

0

10

20

30

40

50

60

70

80

2009 2010 2011 2012 2013 Est.

Mentor Volunteers

SE Wisconsin Growth


Is SCORE Effective?

669639

748

863

0

100

200

300

400

500

600

700

800

900

1000

2009 2010 2011 2012

New Face-to Face and Phone Clients

New Mentoring Clients Have Increased 29 Percent in 3 Years


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


Private and Public Funding

SCORE Na-tional33%

Workshops27%

Membership4%

Foundations7%

Sponsorships29%

Others0%

Funding Plan 2013

SCORE SE Wisconsin Funding


Is SCORE Effective?

• $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

Investment in SCORE has Great Return

Source: 2011 Gallup Customer Engagement Survey


Is SCORE Effective?

• 2,599 Total clients counseled• 54 % Were self employed • 29 % Started a new business • 68 % Added employees • 77% Recommended SCORE to an

associate

SCORE SE Wisconsin Results for 2012

Source: 2011 Gallup Customer Engagement Survey


How Can You Support SCORE?

• 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

Become a SCORE Partner


How Can You Support SCORE?

• 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.

What is in it for You?


Questions?

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SCORE SE Wisconsin310 W. Wisconsin AveMilwaukee, WI. 53203

414-297-3942SCORE National www.score.org

SCORE SE Wisconsin www.scoresewisconsin.org

http://www.score.org/

http://www.scoresewisconsin.org/


Back Up


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?


SCORE Counselors Are Backed Up By Great Business Tools

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Financial Templates

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Volunteer Site to Keep Our Skills Current

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Online Counselor Training

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Materials to Help Do Our Job

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www.scoresewisconsin.org score can help small business for the life of your business

Documents

business slide

small business important

small businesses