Q: Much has been written recently about identity theft and hacking of individual email accounts. As a small business owner should I be concerned about my business being compromised by these cyber criminals?
Q: I am a relative newcomer to Richmond and do not have many contacts here. I need guidance in selecting the right insurance for my small business. Any suggestions you can offer will be appreciated.
A: The first step is to select a qualified insurance agent. If you are new to the area, you should solicit recommendations from other business owners. Local trade associations and the Chamber of Commerce are a good source for references.
Mary Hart owns and operates a private outpatient clinic for physical therapy patients called, not surprisingly, Hart Physical Therapy.
When she first contacted SCORE, Hart had no employees and limited knowledge about how to run her own own business. She was a very experienced physical therapist with years of successful treatment to her name, so she wasn't starting entirely from scratch! From a business perspective though, she had to learn about marketing skills and positioning herself to make a real profit.
Dr. Mary Kaye Rueth, DPT offers oncology and orthopedic physical therapy services for complex/chronic conditions and wellness consulting. She has been serving the Southwest Florida market since 2007. She is a PORI certified clinician for oncology rehab, the only provider on the west coast of Florida. Mary Kaye came to Score in April of 2012 and SCORE has been mentoring her since then. The issues she faced when she came to SCORE were how to develop a business plan, budgets, and a financial template.
L Design Studio is a turnkey interior design business with a focus on kitchen and bathroom remodeling, furniture, window treatment, art accessories, and design build services. The client needed assistance managing the rapid growth of her business, maintaining its organization, and evaluating its cash-flow, profit and loss, and balance sheets. SCORE helped to identify the main issues facing the business and assisted with formulating a step-by-step plan to implement solutions.
Genesis Non-GMO Vitamins is a wellness store that provides longevity coaching, organic hair services, holistic beauty services and more. The client came to SCORE to get assistance with inventory control and cash flow. SCORE helped the client to implement new systems to manage purchasing, keep track of inventory, and better understand financials and projections. Now the client reports that purchasing and inventory are completely under control and she can simply look at a single sheet and monitor all of her spending.
This year, we’re collaborating with Weber State University to offer our Mini-MBA training course to the business communities north of Salt Lake City. Ogden, Kaysville, Layton, and everyone else up north – from Bountiful to Logan - get ready!