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SCORE Spokane News
Coralie A. Myers, Marketing Chair, (509) 863-7246

For Immediate Release

Special Workshop: **Special Workshop June 29, 2011:
Understanding Business Valuation - Evaluating a Business for Buy/Sell

Spokane, Washington.  A special SCORE workshop, “Understanding Business Valuation - Evaluating a Business for Buy/Sell” will be held on June 29, 2011 from 8:30am-12:30pm at the SBA Training Room, Suite 444, 801 W. Riverside Ave. Spokane, WA. The presenter, J. Shawn Coleman, CPA, ABV, CFP, is an experienced SBA Business Valuation Expert with Griffiths & Company. Cost is only $40 in advance, $50 at the door. Register at: www.scorespokane.org/workshops.php.

Knowing the value of your business is important to most business owners. This presentation will give you an understanding of how businesses are valued, how SBA financing works, and share with you the five strategies of highly successful business owners.

 

Class Outline:

 

Understanding Business Valuation

·        Your Business as an Investment

·        How small business investments are valued 

·        Making value visible

·        What  benefits are valued

·        Understanding a range of values


What you will Learn:

·        How purchases and sales are financed, including SBA 

·        How to approach a bank for proposed financing on a business purchase

·        Critical items to bring with you or discuss during your first contact

·        Six C's of Credit

·        The SBA specific requirement regarding different size and or structures of business purchases and how business valuations play a integral part

·        Other options for business purchase funding

·        The five strategies of highly successful business owners

1.      Always know the value of your business

2.      Use tax strategies that build your wealth

3.      Stay informed about exit and succession planning

4.      Develop investments outside your business

5.      Create a wealth management plan that serves your vision for life

 

Did you know that SCORE’s “Starting a Business Workshop” is offered free for Veterans?” The next workshop is July 7, from 8:30am-12:30pm. Veteran’s can attend free by e-mailing info@scorespokane.org.

For additional information on SCORE workshops or counseling, go to www.scorespokane.org, e-mail info@scorespokane.org, or call 509-353-2821

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SCORE Spokane News
Coralie A. Myers, Marketing Chair, (509) 863-7246

For Immediate Release

Special Workshop: Benefits and Pitfalls of an S-Corp and
SCORE 2011 Small Business Resource Guides now available

Spokane, Washington.  A special SCORE workshop, “The Benefits and Pitfalls of an S-Corp” has been scheduled in Liberty Lake on Saturday, May 21, 2011, from 9:30am – noon.  If your business an S-Corporation or a Limited Liability Company filing taxes as an S-Corp, or you are trying to decide if you should go that route, this workshop is for you.  You probably know there are great tax benefits filing as an S-Corporation, but there are also issues that may be a snag for your business if you aren’t aware of them.  In this workshop, you’ll find out what the #1 reason why business owners choose to be treated as an S-Corporation and the 3 biggest tax pitfalls and how to avoid them.  Plus you’ll learn about the legal requirements for S-Corporations and what you need to know to maintain your S-Corp status. Instructors are Sandra McNett of Andrean Accounting and Garrett Hall of Hall Law Offices.

Cost: $25 with advance registration, $35 (cash only) at the door. Time: 9:30am-noon. Location: TierPoint, 23403 E. Mission Ave.,Rm 116, Liberty Lake, WA. Register at: www.scorespokane.org/workshops.php.

 

The 2011 SCORE Small Business Resource Guide for Eastern Washington and North Idaho is now available for pick up at the SBA, SCORE or GSI Offices at 801 W. Riverside Ave., The Spokane Valley Chamber or Liberty Lake Business Development Center or at Sterling or Banner Banks throughout the region. This 52-page guide has information and resources on starting a business, business planning, and financing a business as well as contacts for organizations and local, state and federal agencies across the region. It now includes more helpful articles for entrepreneurs such as "Employee vs. Independent Contractor", "Credit Score and How it Affects Your Credit", "The 7 Deadly Sins of Business" and "Healthcare Legislation and Tax Incentives".  Every page of the guide has changed from the previous issue in 2009, whether it is updated contact information or new resources. Check it out! The guide is also available online with links to the various resources at: http://www.scorespokane.org/resources.php.

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SCORE Spokane News

                                                                                                                                Coralie A. Myers, Marketing Chair
                                                                                                                                                                     (509) 863-7246

For Immediate Release

Spokane SCORE Counselor Receives Technology Award
 
Spokane, Washington
.  Billie Moreland, PhD, of Billie Moreland and Associates was given an Award of Honor by Sirti at their October Board Meeting.  The award was “in special recognition of her efforts and vision for the Terabyte Triangle and its positive impact on the Spokane community.”  Moreland is a member of Spokane SCORE, Chapter 180.
 
“I am delighted to receive this award, and especially happy to know that my last 15-years’ work with Sirti and the technology sector in downtown Spokane has been valuable,” says Moreland.  “Nurturing and facilitating the growth of small technology start-ups has been especially rewarding.  Being able to chronicle small and large companies for the last ten years has been my pleasure as well as my work.”
 
There have been many highlights in the work leading to this award.  Highlights include: 

·        Facilitating Spokane’s nomination for, and being named as, one of seven “Intelligent Communities” by the World Teleport Association

·        Contributing to the All America City Award for Spokane, 2004

·        Ten years of technology-based newsletters and Web publication

·        Contributing to the real estate community to establish 150 technology companies in downtown Spokane.

·        Contributing to community education to facilitate high speed, optical fiber connectivity availability in most downtown buildings.

·        Assisting with VPnet, a private collaborative broadband network that connects Inland Northwest higher education institutions with each other as well as with other educational-based organizations, healthcare organizations, research organizations and corporate partners.

·        Assisting with the Northwest GigaPop, a not-for-profit serving leading edge organizations and Research and Education networks throughout the Pacific Rim to provide robust, highest-speed access to current state of the art Internet; Next Generation Internet services and technology; and the exclusive R&D testbeds where tomorrow’s Internet technologies are being developed. The PNW Gigapop is built to be the highest caliber Research and Education networking services hub in the world..

·        Nurturing and chronicling technology businesses as they grow from startups to success
 
About Sirti.  Sirti accelerates Inland Northwest technology-based companies toward success and positive regional economic impact. We deliver entrepreneurial coaching, a mix of no- or low-cost business services, access to capital, and the legal services needed for successful formation, IP protection and long-term growth.

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SCORE Spokane News 

SCORE Contact:
                                                                           Coralie Myers, Marketing Chair
                                                                                                            509-863-7246

How To Get Started in Social Media Marketing:
Developing a Low-Cost Strategy for the Busy Business Owner

Spokane/Coeur d'Alene, ID  SCORE is proud to offer Social Media Marketing 101 in conjunction with Dennis Isip, a SCORE volunteer and owner of Spokane Web Profit Engineer.  Cost is $25.

Social Media is here to stay, it is not a fad. You either get on board or get left behind. Are you puzzled on how to get started and promote your business using Twitter and/or Facebook? Will you get any return on investment of your time and money? Are you challenged by the internet? This is your opportunity to learn the basics, without the "techno-babble", presented in business termsTwitter is a safe baby step to get your feet wet. Facebook is excellent to identify and attract your ideal customers.

Social Media Marketing 101 Agenda

  • What is Twitter/Facebook, and all the other social media platforms?
  • Why do I need social media for my business?
  • How do I find prospects?
  • How do I use these tools together?
  • What do I say?
  • How do I find the time?
  • Case studies: including local Spokane businesses

    Pre-registration is required. To register go to: www.scorespokane.org, then "workshops" and follow the registration link.

Twitter 101 - September 8, 2010 11am - 1pm      Bring your own lunch, if desired

Location:  ITT Technical Institute, 13518 E Indiana Ave., Spokane Valley, WA

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SCORE Spokane News 

SCORE Contact:
                                                                                    Coralie Myers, Marketing Chair
                                                                                                            509-863-7246

New SCORE Roundtables with the Spokane County Library


Spokane/Coeur d'Alene, ID – SCORE Chapter 180, Serving Spokane, Northeast Washington and North Idaho has partnered with the Spokane County Library and SNAP to offer six free roundtables this summer for business owners and people looking at starting a  business. Register by calling the library where the workshop is located.

**Topic: Money for your Business-How & Where to Get It
June 7, 7pm Argonne Library, 4322 Argonne Road, Spokane Valley, WA. Phone: (509) 893-8260.
June 14, 7pm Deer Park Library, 208 S. Forest Ave., Deer Park, WA. Phone: (509) 893-8300.

Summary: Learn from a SCORE lending specialist what you should have before you go to the bank, and what you can do to maximize your success. Do you have questions you always wanted to ask your lender but were afraid to? No problem, that is why we are here. Registration required; please sign up at the library.

**Topic: Starting a Small Business
July 13,
6pm Cheney Library, 610 First St., Cheney, WA. (509) 893-8280

Summary: Learn how to get started with a small business, the importance of a business plan, and the resources available to you for funding and business assistance. Topics covered include business licensing, legal forms of ownership, and financial projections. Presented by SNAP/SCORE. Registration required; please sign up at the library.

**Topic: Understanding Credit & Credit Reports
July 21,
6pm Spokane Valley Library, 12004 E. Main Ave., Spokane Valley (509) 83-8400.

Summary: Get tips on the best ways to use credit, including how credit works and how to get it, ways to get your free credit report / what your report tells you, your consumer rights, and new credit laws and their affect on your wallet. Presented by SNAP/SCORE. Registration required; please sign up at the library.

**Topic: Marketing for Success in Print and Online
Aug. 19,
7pm Spokane Valley Library, 12004 E. Main Ave., Spokane Valley (509) 83-8400.
Aug. 26, 7pm, N. Spokane Library, 44 E. Hawthorne Rd. Spokane, WA 99218. (509) 893-8350.

Summary: You have identified your target market, now reach them. Marketing specialists with SCORE discuss ways to get the word out. At the Spokane Valley session, a graphic designer will review your marketing materials and make suggestions, and discuss what makes a winning brochure or business card. At the North Spokane session, a web designer will explain different types of websites and what to consider when setting up your image for the Internet. Registration required; please sign up at the library.

 

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SCORE Spokane News 

SCORE Contact:
                                                                                    Coralie Myers, Marketing Chair
                                                                                                            509-863-7246

Come Soar with SCORE, and get the satisfaction of helping small business succeed!


Spokane/Coeur d'Alene, ID – SCORE Chapter 180, Serving Spokane, Northeast Washington and North Idaho is having a Small Business Week Open House/Reception on May 27, 2010 from 4-6pm at the new Valley Chamber Business Center at 1421 N. Meadowwood Lane, Liberty Lake, WA 99019. Learn more about what SCORE is doing for small business, and how you can participate.

SCORE, “Counselors to America’s Small Business” is looking for you – the working and retired business owners, corporate executives and professionals who can create a legacy of community service by sharing the time, experience and the wisdom they have gained in business. SCORE offers a broad range of opportunities to let people contribute at different times and at different levels of commitment.

These options may include one-time or occasional responsibilities to help you find out what you enjoy doing. Many volunteers discover that tutoring, teaching and mentoring are very satisfying, while others find value in fundraising, professional and management leadership, and general support.

The need is great in this economy. We need more counselors, mentors and workshop presenters to meet the demand. Please come and join us, and learn more about SCORE.

Where:         Valley Chamber Business Center, Liberty Square Bldg, 1421 N. Meadowwood Lane, Liberty
 Lake, WA 99019

When:           May 27, 2010, 4 - 6pm
What:           A short program, and reception. Hors d'oeuvres and beverages will be catered, so please RSVP!

If you are interested in making a difference and helping our area businesses, please e-mail your name (and business name, if applicable) to cmyers4business@yahoo.com, or register online at http://www.launchpadinw.com/events/come-soar-with-score.

 

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SCORE Spokane News 

SCORE Contact:
                                                                           Coralie Myers, Marketing Chair
                                                                                                            509-863-7246

SCORE Success Series - NEW!
Small Business Tax Workshop - Liberty Lake, WA

Spokane/Liberty Lake, WA  SCORE Spokane offers special Small Business Tax Workshop on January 30, 2010 from 9am - 1pm in Liberty Lake, WA. Learn about your tax situation and tax reporting for your small business.  Presenter are a retired IRS agent and an accountant, so you will learn the latest on how your business taxes are affected by recent stimulus legislation.
Cost: $35 per person with advance registration, $40 at the door.
VISA payment by advance registration only, cash at the door

DATE: Wednesday: January 30, 2010
Registration: 8:30am  Class: 9am - 1pm
Location: 21950 E. Country Vista Drive, Suite 500, Liberty Lake, WA

To Register:
Call SCORE at (509) 353-2821 on Tues. or Wed. from 8am - 12pm, or (509) 928-8500.

For Directions: Call 509-928-3958

Since 1964, SCORE “Counselors to America’s Small Business” has helped more than 8 million aspiring entrepreneurs and small business owners through counseling and business workshops. More than 10,500 volunteer business counselors in 389 chapters serve their communities through entrepreneurial education dedicated to the formation, growth and success of small businesses. 

For additional information on score workshops or counseling, go to www.scorespokane.org, call 509-353-2821, or e-mail info@scorespokane.org.

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SCORE Spokane News 

                                                         SCORE Contact:
                                                                           Coralie Myers, Marketing Chair
                                                                                         &nbs

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