Welcome to the SCORE Small Business Success Blog, where small business experts and mentors share tips, discuss trends, and provide advice on a wide range of topics affecting entrepreneurs in every industry.
One of the questions I get asked when mentoring startup entrepreneurs is “How much money do I need to start my business?” While there’s no easy answer for how much money you’ll need, here are some questions you might ask yourself as you develop a startup budget.
Monique joined SCORE as a volunteer in July 2020. Monique is a veteran, having spent 22 years in the Navy (Thank You for your service!). Her motivation for joining SCORE was to give back to the community by sharing her knowledge in operating a business and helping others succeed.
Properly pricing your product or service is key to your business's success or failure. A smart pricing strategy starts with understanding the market price, which is the average price charged by all your competitors & the price at which their product or service is generally valued in the marketplace.
If you’re a devotee of iPhones, it’s time to get excited—Apple just unveiled its new lineup of smartphones. Since the release of iPhones in June 2007, they have changed how we work and live.
Whether you’re a loyal iPhone user or a fan of Android, there is likely a lot you don’t know about how smartphones can improve your team’s efficiency and productivity.
Here are some tips for how smartphones can boost your business.
Starting a business in the next 12 months is a smart move, despite fears of a recession or inflation. Read this blog by small business expert Rieva Lesonsky to learn why.
To help you see the benefit of mentorship, we asked entrepreneurs this question for their best insights gained as mentees. From owning your own mistakes to breaking big goals into small steps, several pieces of advice may help you shape your career and personal life into success, just like the entrepreneurs who shared them
To help Black-owned businesses identify the best funding sources available, we asked CEOs and business leaders this question for their best insights. From the iFundWomen of Color Program to Reign Ventures, there are several options available particularly for Black business owners to secure funding for their businesses.
Now that most cities and states have lifted mask mandates and people are returning to their offices, women are buying more cosmetics. They are purchasing 70% more than they did pre-pandemic, according to the “Makeup Attitudes and Usage Report” from The NPD Group.
To help you best support Black-owned businesses, we asked Black business owners and leaders this question for their best recommendations. From promoting Black-owned businesses on social media to providing Black founders with more access to funding, several recommendations may help you offer the best support to Black-owned businesses as you celebrate National Black Business Month.
To help you develop the best habits for success as an entrepreneur, we asked successful entrepreneurs and business owners this question for their best insights. From learning to make quick decisions to demonstrating moral courage, several habits are considered important in making entrepreneurs successful.
If the past few years have taught small business owners anything, it’s the unpredictability of life. Assuming that your SMB weathered the pandemic, you are understandably concerned about shoring things up ahead of the next crisis. If you’re starting your own company, you’ll want to adopt a few tried-and-true practices to guard against the unexpected.