SCORE is your destination for free business templates, e-guides, checklists, blogs, infographics, videos, tools and other helpful resources to help you start and grow your small business.
New Paycheck Protection Program (PPP) Loans: How to Qualify and Apply
More PPP loans, EIDL grants, Pandemic Unemployment benefits, and other small business relief are coming soon. Here we do our best to explain the legislation that includes a new... Read more
What the Latest Covid-19 Relief Bill Means for Your Small Business
On December 21, 2020, the U.S. House of Representatives passed a new coronavirus relief bill. Here’s what it means for the coronavirus relief programs: Paycheck Protection Program... Read more
What's New with PPP and Other Relief Options for Small Businesses
After months of waiting for much-needed relief, small businesses are finally getting renewed support from the federal government. Read more
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The 3 Pillars of a Successful Relationship with Angel Investors
Here are a few things entrepreneurs can do to build strong relationships with angel investors and increase their chances of getting follow-on funding - regular email updates, demonstrate momentum, and teach them something
Balance Sheet Template
Your balance sheet helps you understand the relationship between your income and your expenses, so you can maintain profitability. This document will help you become a profit... Read more
12 Month Cash Flow Statement
As a startup, you’ll need to include a cash flow statement in the financial section of your business plan. “How can I have cash flow when my business isn’t open yet?” you may ask... Read more
Financial Projections Template
Financial projections use existing or estimated financial data to forecast your business’s future income and expenses. They often include different scenarios so you can see how... Read more
Benefits of Using the Business Model Canvas
The Business Model Canvas is one of the most valuable business planning tools available to small business owners. By creating your own canvas you’ll refine you strategy, alleviate risks, fill planning gaps, and strengthen your business plan.
Home-Based Business Information
In addition to all of the concerns with any small business, starting a business from your home has additional issues that you'll need to be concerned with. Read more
"Startup Basics" Workshop Presentation
The "Startup Basics" is essential for those thinking about starting a business, or anyone who has a business idea but needs assistance in getting focused and organized. Read more
Two Critical Steps Before Setting Up Payroll for Your Small Business
When you start off as a team of one, handling every job to keep your business moving on your own is tough. Most owners dream of the day they can afford to bring on another set of arms and legs.
Hiring an employee is also a big step towards scaling your business and planning for growth. But, when you make the shift from a solopreneur to an employer, the game changes. Suddenly, owners find themselves delegating the day-to-day tasks of running their business in exchange for the internal tasks of managing the business. In the case of hiring, one of those tasks is payroll.
3 Financial Reports Every Small Business Owner Should Understand
After setting financial goals and a budget for your small business, it's crucial to monitor how well your company is performing. Is it on track to achieving its revenue and profitability goals? Is it controlling its costs?
Even if you’ve contracted the help of an accountant, it’s helpful to develop your understanding of your business’s financial affairs. One way to accomplish that is to become familiar with and regularly review the following reports.
● Profit and Loss Statement
● Balance Sheet
● Cash Flow Statement
Self-Employment Tax 101 for Small Business Owners
When you’ve made the transition from someone else’s employee to being your own boss, you gain the autonomy to create your own professional path. You get additional responsibilities, as well—including paying self-employment tax.
Self-employed individuals are required to not only directly submit the income tax they owe to the federal, state, and local governments, they must also remit self-employment tax to the IRS.
Philadelphia Opportunity Zones
The City of Philadelphia invites and encourages you to be part of its continued evolution, history, and prosperity by investing in our federal opportunity zones. We are seeking... Read more
How Non-Tech Savvy Small Businesses Can Use Google Analytics to Improve Their Marketing
Google Analytics is one of the most important tools for measuring the effectiveness of your marketing. Even non-tech savvy business owners should be using Google Analytics to make better marketing decisions. Here’s how.