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How SCORE Can Help Your Startup Succeed

By: Startup 101
Last Updated: November 15, 2024

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Are you ready to turn your entrepreneurial dreams into reality? There are a number of resources that are available to help, and one such resource is SCORE, a nonprofit organization dedicated to assisting small businesses and startups. In this article, we’ll explore how SCORE’s resources can help you get your startup off the ground.

What is SCORE?

SCORE (Service Corps of Retired Executives) is a nonprofit organization and resource partner of the Small Business Administration (SBA). Its mission is to provide mentoring and resources to people starting and growing small businesses. SCORE offers online services, seminars, and workshops specifically designed to assist entrepreneurs and small businesses in navigating their business endeavors.

As a 501(c)(3) corporation, SCORE is funded through government grants and donations, allowing it to offer most of its programs free of charge to those in need of business assistance. Since its creation in 1964, SCORE has helped over 11 million entrepreneurs with its resources, volunteers, and online and in-person assistance.

SCORE’s Mentoring Program

One of the most valuable resources SCORE offers is its mentoring program. Aspiring or current business owners can either be connected to a mentor of their own choosing or matched with someone in a SCORE chapter in their area. These mentors are usually former business owners themselves and have the knowledge to consult others in setting goals and objectives for their businesses.

Mentors help with writing business plans and offering the next steps for any business challenges or questions. Sessions are kept confidential and can be completed over the phone, video chat, email exchanges, or in person for about an hour. Receiving advice and conversation with an entrepreneur who has walked the path you are currently on can be a rewarding and eye-opening experience.

Webinars and Courses

SCORE offers free webinars and courses for entrepreneurs to learn more about business basics. It has the option to sign up for weekly live webinars that offer tips and strategies for small business owners. Additionally, SCORE keeps recorded webinars that it has done in the past if you want to browse the archives or have missed a webinar date.

Online Resources

SCORE offers online resources like articles and other educational content and support for new business owners. When you browse its resource library, you’ll find checklists you can use within your business, as well as guides, articles, and tools that can help build your toolkit for a successful startup.

Local Events

Many SCORE chapters host in-person workshops and roundtable discussions for entrepreneurs. Finding your local chapter is as simple as visiting SCORE’s website and entering your zip code. Many events are free, but others are free of charge to register and attend.

Conclusion

SCORE is a valuable resource for entrepreneurs and small business owners looking to start or grow their businesses. With its extensive network of mentors, online resources, webinars, courses, and local events, SCORE provides the tools and support needed to navigate the challenges of starting and running a successful business. By taking advantage of SCORE’s free and low-cost services and expertise, startups can increase their chances of success and achieve their business goals.

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