|Heres the preimer edition of our BrowardSCORE chapter newsletter.
Each month, well be sending out useful links, business tidbits
and more to help you become more successful. Email
us! Wed love
to learn your thoughts and insights for future content.
|As most of you know, weve launched our first satellite office
in Margate. Many thanks go out to Margate City Manager, Frank Porcella,
Margate Redevlopment Assistant Director, Dennis Holste, Chamber
President, Jack Tobin and Chamber Executive Director, Jamie Milner. Without
their expert knowledge and support, it never would have become a reality.
BrowardSCORE presents small business workshops on the first and third Tuesdays
at the Margate Community Center, located at 6199 NW 10th Street. You can check
upcoming workshops by following the links in the right sidebar.
In addition to the workshops, counselors are available, by appointment, for meetings
at the Margate Chamber of Commerce. The Chamber offices are located at 1025 State
Road 7, Margate, FL 33063. The Chamber phone is 954.582.0399. Appointments can
be made by phone to 954.356.7263, or by email to email@example.com.
|BrowardSCORE LinkedIn Group
On the heels of Paul Hartmanns excellent workshop, Grow
Your Business With Social Media, we thought it would be a good
idea to practice what were preach. So, in addition our Facebook
Page and Twitter,
weve set up a LinkedIn
Group for the chapter.
Youll find news and resources, but one of the best parts will
be the Discussions. Our hope is that you participate in the conversations
and network with SCORE counselors and other small business owners
in the area. Post your burning questions and maybe answer a few too.
If you're not already a LinkedIn
member, join up, post your profile and get
in on the conversation. We look forward to seeing you there.
From BusinessWeek | Small Business
to Defeat Big-Box Competitors Strategies for independent retailers
Independent retailers compete with Goliaths by inspiring "customer love," says
Dave Ratner, founder of Dave's Soda & Pet City, a small Massachusetts chain.
Listen to the podcast.
From the Wall Street Journal Online | Small Business
Three Best Ways to Create a Brand Name
Creating a great brand name is almost half the battle in establishing your company
or your product. But getting there involves the kind of creative thinking that
might be outside a small-business owner's purview.
Read the article.
Odds of Success Calculator
Answer eight important questions which were chosen from over
30 questions used in analyzing a businesss odds of success. Whether youre
just starting up or youve been in business for a while, this calculator
can help you better understand your odds of success and how to improve them.
|Small Business Impact on the Economy
The estimated 29.6 million small businesses in the United
Employ just over half of the countrys private sector workforce
Hire 40 percent of high tech workers, such as scientists, engineers and
Include 52 percent home-based businesses and two percent franchises
Represent 97.3 percent of all the exporters of goods
Represent 99.7 percent of all employer firms
Generate a majority of the innovations that come from United States companies
Source: U.S. Small Business Administration Office of Advocacy, September
Small Business Survival Rates
Small Business Openings & Closings in 2008:
There were 627,200 new businesses, 595,600 business closures
and 43,546 bankruptcies.
Seven out of 10 new employer firms survive at least two years, and about
half survive five years.
Findings do not differ greatly across industry sectors.
Sources: U.S. Small Business Administration Office of Advocacy, September
Survival and Longevity in the Business Employment Dynamics Database, Monthly
Labor Review, May 2005.
Redefining Business Success: Distinguishing Between Closure
and Failure, Small Business Economics, August 2003.