Foundation for Business Success

SCORE Cape Fear News

April, 2025

BIZ SUCCESS TIPS

Building A Strong Foundation For Your Business

What begins as an inspirational idea can grow into a profitable business when you have the right combination of knowledge, skills and capital. The SBA (Small Business Administration) offers access to a learning platform (MySBA Learning) that includes modules developed by experts in entrepreneurship. Within each module (Journey) you will find Excursions (the tools you need to master a topic). Each excursion includes a time estimate for completion. Find out more here.

WEBINARS OF INTEREST

Exploring Career Transition Into Business Ownership

April 16 | 12:30 PM

In today's economic environment, it is beneficial to have a backup plan as organizations respond to uncertainty and market shifts. This webinar will share details about important steps you need to take to make critical decisions regarding starting your own business.

How To Start And Run A Franchise Business

Recorded Webinar

Franchising offers a proven, structured path to business ownership, combining the independence of entrepreneurship with the support of an established system. With countless franchise options available—ranging from food and fitness to education and home services—there is a franchise out there for almost every aspiring business owner! Everyone is unique, and your business should align with your own needs, wants, and goals to ensure it’s the perfect fit for YOU!

VIEW WEBINAR

UPCOMING LOCAL EVENTS

Welcome to Entrepreneurship

April 29 | 5:30 PM

This class is a must for anyone that is thinking about starting a business or has recently launched a business and has questions that need to be answered. We encourage you to bring with you any questions you might have.

During this in-person session you will learn about:

• Personal characteristics of an Entrepreneur

• Legal entities—LLC vs. Sole Proprietorship

• Federal Employer Tax ID Number (EIN)

• Business Feasibility Analysis

• Capital—Equity vs. Debt

• Basic Bookkeeping Made Easy

• Business Modeling

• Insurance

• Taxes—Filing requirements for Federal and State

This in-person seminar will be held at the Cape Fear Community College Small Business Center, Building G, Classroom 113A, 402 North Front Street in Wilmington. Learn more and register here.

MENTORING WORKS!

Get Free Business Advice From Experienced Mentors

Small business owners who receive three or more hours of mentoring report higher revenues and increased growth.

Talk to a SCORE mentor for expert answers to any of your business questions; no question is too big or too small.

FIND A MENTOR

SCORE is a nonprofit association dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship. SCORE is funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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