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Click to edit Master title style Creating Small Businesses & Jobs for America Bill Ruttledge, Chairman SCORE Vancouver Free Mentoring Services at Vancouver,

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Presentation on theme: "Click to edit Master title style Creating Small Businesses & Jobs for America Bill Ruttledge, Chairman SCORE Vancouver Free Mentoring Services at Vancouver,"— Presentation transcript:

1 Click to edit Master title style Creating Small Businesses & Jobs for America Bill Ruttledge, Chairman SCORE Vancouver Free Mentoring Services at Vancouver, Camas, Longview and Stevenson

2 State of Small Business 99.7% of US firms were small businesses (<500 employees) as of 2010 63% of net new private-sector jobs 48.5% of U.S. private-sector employment 42% of U.S. private-sector payroll Women-owned businesses growing at 1½ times national average Hispanic owned business growth rate is double national average Where Does Small Business Stand Today? Source: Office of Advocacy estimates based on data from the U.S. Dept. of Commerce, Bureau of the Census, and U.S. Dept. of Labor, Employment and Training Administration.

3 Small Business & Innovation Of High Patenting firms (15 or more patents in a four-year period), small businesses produced 16 times more patents per employee than large patenting firm. Source: U.S SBA Office of Advocacy, FAQ, March 2014

4 Small Business Shares Source: SBA Office of Advocacy FAQ, March2014 Kind of Business% Home-based business52 Franchise2 Sole Proprietor72 Corporation19 Employer Business20 Non-Employer Business80

5 Improving success rates improves the economy. Today, only about half of small businesses survive for 5 years and on-third survive 10 years or more. Let’s change that. Improving the Success of Small Business Setting the Stage for Growth Source: U.S Dept. of Commerce, Bureau of the Census, Business Dynamics Statistics.

6 SCORE: An Overview About SCORE SCORE was formed in 1964 as a resource partner of the Small Business Administration whose mission is to help aspiring and existing businesses succeed. Facts 11,000+ volunteer across 300+ chapters 1 million hours of service donated by volunteers 500,000+ total services delivered annually 300,000+ people served annually 50,000+ new businesses created annually 70,000+ jobs created annually

7 SCORE Statistics (2014) Source: SCORE Client Data 2014 Business Starts: 56,079 Jobs Created: 47,187 Clients Who Increased Revenue: 107,201 Total Mentoring/Training Sessions: 148,000 SCORE’s Goal is to Grow 1 Million Successful Small Businesses by 2020

8 SCORE is America’s small business resource One-on-one mentoring in person & online. Seminars & webinars. Business tools & templates at www.score.org. www.score.org Free & confidential mentoring We help small biz grow – over 1,400 volunteer hours last year Over half of Vancouver chapter clients return for additional mentoring 25% of local clients are in- business SCORE Vancouver

9 60% of SCORE clients say these SCORE-mentored tools are very important to the growth of their business. Marketing Plan Business Plan Cash Flow Analysis Financial Strategy Entrepreneurs’ Favorite SCORE Resources SCORE as an Expert Resource Source: Gallup SCORE Client Outcomes Survey 2010.

10 Who Are Our Small Business Clients? Building Entrepreneurship Starting and Existing Early stage entrepreneurs, who are considering to start a business but who need help defining their ideas, building their plan and obtaining financing Start-up businesses, who are seeking to establish their business and manage their finances Established businesses, who are seeking to grow their business and increase their clients Mention the Simple Steps Series of Seminars – May, 2016

11 Services for Small Business Clients Mentoring: SCORE provides free face-to-face counseling in each of its 300+ chapters and also provides online counseling through www.score.org. Meet with a SCORE Certified Business Mentor at Vancouver, Longview or Stevenson. www.score.org Seminars & Webinars: SCORE provides educational sessions on a myriad of topics for entrepreneurs, ranging from business planning & taxation, QuickBooks training, to marketing and financing. Sign up for monthly “SCORE Business Tips” and current local seminar and webinar schedule. SCORE volunteers want to serve your needs and help our local small businesses and community thrive.

12 Mentoring Free. Personalized. Confidential. Expert Advice For the Life of Your Business Aspiring and existing entrepreneurs can get FREE, confidential, business advice from expert advisors committed to helping them succeed. Every SCORE chapter offers expertise in a variety of fields and industries. Whether your just starting out, in business, or ready to sell or retire, SCORE can help – providing guidance and resources to help with your decisions. Turn to SCORE for assistance with 1 question - or 1,000. Avoid timely and costly mistakes by learning from someone who’s “been there, done that”. Feel confident knowing you have an experienced resource available for simple questions or more complicated strategy development.

13 SCORE Vancouver 35 Active Volunteers – Provided over 1,400 Client Contact Hours of Service in 2015 Will Offer 35+ Seminars in FY 2016 Mentoring & Seminar Locations in Vancouver, Longview and Stevenson Just Recently Recognized as a SCORE National Platinum Chapter

14 Vancouver Chapter Growth Plans Clients Seek to Increase FY 2016 Client Services by 25% Recently opened branch mentoring facilities in Longview and Stevenson Clients may “self schedule” a mentoring session at www.score.org Members Seek to increase volunteers by 25%; will need additional members for two new branch offices Most, but not all, volunteers are business mentors SCORE National and Vancouver colleagues provide extensive training

15 How Do I…. …..become a SCORE Client? Go to www.score.orgwww.score.org Review all of the free tools and templates along the Search Bar near the Top of the screen Push the “Get Free Business Advice Now” or “Get Started” Buttons Enter Your ZIP Code & Answer a few SBA compliant questions – that’s it! From there, you can actually “self schedule” a first meeting with a local SCORE mentor

16 How Do I…. …..become a SCORE Volunteer? Go to www.score.orgwww.score.org Go to the “Volunteer” tab Learn about the Benefits of Volunteering and Types of SCORE Volunteer jobs Click the “Become a SCORE Volunteer Today” tab and That’s It!

17 Thank You Together, let’s contribute to the success of small business and continue to grow America’s economy. Call or visit us online: 360-545-3210 www.score.org www.scorevancouver.org Care to Learn More? Text SCOREVANCOUVER to 32828


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