DECATUR SCORE NEWSLETTER
June 2016

Your Monthly News & Updates
Entrepreneur's Toolkit
Financing
A Quick Self-Assessment of your Business

The second half of the year is always a great time to pause and ask yourself, "How is my company doing?"  Very often we as business owners are so busy solving day-to-day issues and running the business that we don't take time to reflect on "Is my business performing the way I want it to?"

The following Self-Assessment can be completed in less than 5 minutes.  If you answer "No" or "I'm not sure" to any of these 11 issues, it may be time to sit down with a SCORE Counselor for a free and confidential session.

SCORE can ask the additional questions that can help identify the improvement opportunities for your firm.  We can then guide you in developing an action plan.

Most of our initial sessions last less than an hour so what do you have to lose besides some problem spots in your business?

Financial:
  • Is your firm as profitable as you think it should be?
  • What are the trends of your profitability over the past 3 years?
  • In your opinion, why are you not meeting your profit expectations?
  • Is your firm in a solid position with your cash flow?
Marketing:
  • What makes your product/service better than your competition?
  • What is really important to your customers when they consider your product or service?
  • Are you satisfied with your market share compared to your competition? 
  • Do you have a good handle on your sales trends over the last three years?
Customer Service:
  • What do your customers say and think about your overall customer service?
  • How many customers do you lose annually due to service issues?
  • What portion of your customer's purchases come from your company?





We need your help !

We are always looking for volunteers, who might have a interest in assisting our SCORE chapter by mentoring our clients who request our help.  A training program is provided.

This is a great way to give back to the community. Please contact us, if you or your friends may find this of interest.

Simply click on this link and send us your thoughts: [email protected]

Thank you.
Did you Know its FREE? 


Our local Score Chapter#296 has been counseling and mentoring entrepreneurs and small businesses for over 20 years and have provided this service to our community on a "NO FEE" basis.

Last month we assisted 12 new clients, and continue to add new clients each month.

We are willing to work with those individuals who think they would like to go into business, and would like to simply talk to someone about their idea to the businesses who are struggling with growth issues or cash flow problems.

We have over 25 counselors, who volunteer their time to assist anyone who feels the need for guidance when it comes to such issues as, a Business Plan,  Financial Projections, Marketing, Insurance issues etc.

If you know of someone who 
could benefit from our services please feel free to contact us at 217-424-6297 or visit our website www.decaturscore.org





Chapter 296 Goals and Mission Statement
 
To provide "free" guidance and mentoring to individuals who wish to go into business and to make sure they have the necessary tools and facts to be successful.  In addition, we will assist in mentoring businesses who are struggling with growth or financial issues.

To foster vibrant small business communities through mentoring and education.
 

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