 SCORE Card
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Greetings!
Welcome to our July 2009 issue of SCORE Card, the eNewsletter for SCORE clients, partners, and friends. This monthly communication shares advice, news, and resources. Help people in your "network" --- forward our Newsletter to them!
This month we have a variety of information to share!
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| Five Sources of Quick Cash |
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During the current recession, many businesses could use a little more cash...and fast. Here are five quick & practical ways to get the cash you need in a tight credit market.
- Get Paid up Front
- Collect payment
- Try Factoring
- Slow Your Payments
- Borrow from Alternate Sources
Get the details. |
Top 10 Bookkeeping
Mistakes by Small Business |
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Bookkeeping is a significant part of any business endeavor. While it is typically not one of the more glamorous jobs, bookkeeping is at the heart of a company's success, and errors can cost the company significantly.
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Not saving receipts under $75
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Doing it yourself
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Forgetting to track reimbursable expenses
See what the others are and get the details |
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Our Sponsors |
Canandaigua National Bank Citizens Bank
NY State Senators
Jim Alesi
NY State Assemblymen:
David Koon
Joseph Morelle
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| Client Spotlight
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The Rozestraten Brothers, Ted and Frank, have captured the American Dream. Born in Holland their family came to the United States after WWII with a goal to own their own business.
In 1974 they started their siding company and for thirty years they have provided their customers with reliable, high quality siding and workmanship. They are proud to have been awarded the prestigious VSI Award from the Vinyl Siding Institute.
Ted and Frank contacted SCORE asking for help with their marketing efforts to ensure they would not lose market share in the fast paced business climate they faced. SCORE counselors are working with the Rozestraten Brothers in the area of sales communication emphasizing customer cost savings as well as effective use of their total marketing communication tools.
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| Upcoming Workshops |
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D O W N T O W N W O R K S H O P S
Wednesday July 15, 2009 8:45 am -12:30 pm
Wednesday August 12, 2009 8:45 am - 4:00 pm
Wednesday Sept. 16, 2009 8:45 am - 3:30 pm
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| In the News |
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Two New Community Resource Partners
We are pleased to announce that the CANANDAIGUA NATIONAL BANK and THE BANK OF CASTILE have joined SCORE Rochester as Community Resource Partners to support the small business community in our area. Their confidence in us is very much appreciated.
Bay Trail Middle School and SCORE Rochester Announce the Larry H. Clarke Jr. Entrepreneurship Award Recipients
Since 2006 the Larry H. Clarke Jr. Entrepreneurship Award has been given to seventh and eighth grade students who have exhibited exceptional work in the Entrepreneurship unit in the Home and Career Skills class at Bay Trail Middle School.
Students nominated must demonstrate outstanding creativity and effort to conceive and develop the idea for their business and business plan. This year's winners were Megan Murante of Rochester and Elliot Wood of Macedon.
SBS News . . .
June 15th - SBA now accepting loans for a temporary new program called America's Recovery Capital. "ARC" loans up to $35,000 are designed to provide a "bridge" for viable small businesses with immediate financial hardship to keep their doors open until they get back on track. Read More.
June 24th - Small businesses seeking to expand will be able to refinance existing loans used to purchase real estate and other fixed assets as a result of permanent changes to the SBA's 504 Certified Development Company loan program. The changes are part of the American Recovery and Reinvestment Act of 2009. Read More.
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| Looking Towards 2010 |
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Senate Financial Services and General Gov't. Subcommittee Hearing on FY 2010 Budget
On June 16th SBA Administrator, Karen Mills testified on her support the President's 2010 Budget for the SBA, as well as providing a brief update on the SBA's progress with the Recovery Act.
In her speech she identifies the 4 core functions of the SBA - disaster assistance programs and 3 divisions; capital access, government contracting and entrepreneurial development (she mentions 350 SCORE chapters). She requests $779M for the 2010 budget outlining specific spending plans.
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I hope you've enjoyed our Newsletter. You can read past issues by visiting our Archives.
Have an idea for an article? Let us know! Send an email to: scorerochester@frontiernet.net
Sincerely,
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| $5 OFF |
Cut this out and send it in with your workshop registration or bring the entire Newsletter with you when you attend and get $5 off the regular workshop price.
Good for one workshop per person per month. |
| Offer Expires: 07/31/09 back to top |
Brought to you by SCORE "Counselors to America's Small Business," a non-profit association and resource partner with the U.S. Small Business Administration (SBA). SCORE is dedicated to entrepreneurship and the formation, growth and success of small businesses. It provides professional guidance and information, accessible to all, to maximize the success of America's existing and emerging small businesses. Since 1964 SCORE has helped more than 8 million entrepreneurs.
The material in this newsletter is based on the work supported by the SBA under cooperative agreement number SBAHQ-05- 0001. Any opinions, findings, conclusions or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the views of the SBA.
© 2001-2009 SCORE Chapter 23, Rochester, New York | |
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