Presented by the Nevada
District Office of the SBA.
SBA is Organized for Small Businesses
SBA
District Offices
BICs 69 WBCs
70 Locations 80 Locations
SBA
SBDC & SCORE Tribal
1,400 service BICs
locations 17 Locations
General SBA Information
Administrator Hector Barreto and all the
employees of the U.S. Small Business
Administration invite you to join in
celebrating our 50th Anniversary
1953-2003
General SBA Information
USHCC / LCCN Workshop
SBA July 22, 2003 MGM MIRAGE
www.score.org
Seek Out SCORE Advisors
•Small Business
•About SCORE
•SCORE Resources
www.score.org
Small Business & the Nation
23 million small businesses
25 % are employers
75 % of new jobs
2 million formed in 2002
53 % home based
26 %Woman owned
15 % Minority owned
www.score.org
Small Business & NEVADA
•Nevada is the Fastest growing State
97,000 Businesses
94,000 Small Businesses
47% are employers
9,000 formed each year
26% Women
15% Minority
www.score.org
Small Business & the Economy
Successful Small Business Means
Economic Prosperity
www.score.org
Small Business and Leadership
Why people own a small business
Bring a new idea to life
Be your own boss
Create financial independence
Convert a hobby into a profitable
business
www.score.org
Average Statistics
One out of two new
businesses will be
here in four years
www.score.org
Why Small Businesses Fail
Under Capitalized
Lack of “appropriate” experience
Poor Planning
Lack of information (no system)
Conflict with family goals
www.score.org
About SCORE
We at SCORE want to
CHANGE
The Statistics
www.score.org
About SCORE
“Counselors to America’s Small Business”
SCORE is a national, nonprofit, volunteer
association.
SCORE’s mission is to provide small
business counseling and training to help
America’s entrepreneurs succeed.
www.score.org
About SCORE
How can a SCORE business counselor help?
Business Plans
Organization of the Startup Process
Problem-solving
Practical advice
Growth strategies
Sounding board
www.score.org
About SCORE
HOME LEADERSHIP SCORE SERVICES RESOURCES LOOKING AHEAD
SCORE counselors are volunteers.
Experienced business owners and
executives
Experts who’ve seen both economic highs
and lows
Pros with expertise in professional
disciplines
www.score.org
About SCORE Nationwide
Founded 1965
SBA Resource Partner
Over 11,000 volunteers
380 staffed chapters
Over 5,000 seminars and workshops
1.3 million free counseling hours
440,000 clients served (80,000 Internet)
www.score.org
About SCORE in Nevada
85 volunteer business counselors
Free counseling at seven locations
One-on-one or team counseling
E-mail and telephone counseling
Low cost monthly workshops
On-site counseling
Web access – www.lvscore.org
www.score-reno.org
www.score.org
About SCORE Nevada
Special Teams:
•Customer Service Assessment
Customer identification,advertising, promotion,
distribution, follow up
•Vital Signs Assessment:
Measurement of vital areas such as
growth,working capital efficiency, financial leverage,
benchmarking
www.score.org
Three Locations in Clark County
The Business Information Center (BIC)
1951 Stella Lake Street,Las Vegas
702-638-0853
City Centre Place
400 South Fourth Street, Las Vegas
702-388-6104
Henderson Business Resource Center
112 Water Street, Henderson
702-992-7200
www.score.org
Resources for Your Business
Visit SCORE’s Web Site
www.score.org
Email Counseling for biz advice online
Locate any chapter
2,000 pages of content for small
business owners
Online seminars
www.score.org
SCORE Resource: www.score.org
Free e- Newsletters
SCORE eNews a free,
email newsletter with
small business news
and how-to’s
SOHO eSource a free,
email newsletter on
leadership topics for
entrepreneurs
www.score.org
SBA Resource: www.sba.gov
Visit www.sba.gov
Check out the
Starting a Business
and Financing A
Business Sections
www.score.org
Next Steps
Call FOR help
Or
Call TO help
702-388-6104
www.score.org
Lending entrepreneurs the tools to succeed
NMI at a glance…
• NMI is a nonprofit business development
corporation serving the entire state of Nevada
for more than 10 years.
• We are certified by the US Department Treasury
as a Community Development Financial
Institution (CDFI).
• NMI is the only U.S. Small Business
Administration Intermediary Lender of the
Microloan Program in the State of Nevada.
NMI’s Mission
– To enhance the economic self-
sufficiency and quality of life of
low to moderate-income
individuals through
entrepreneurial training, technical
assistance and access to loans for
new and expanding businesses
throughout the State of Nevada.
What is a Microenterprise?
• A Microenterprise is a small business
which has 5 or fewer employees.
"NMI is great! They
help people and give
them the little extra
push they need."
- Daniel Lopez
BUSINESS TOOLS AVAILABLE
• Business Microloans
– Funding Phase
• Business training
– Business Plan Development Phase
• One-on-one technical business assistance
– Pre and Post Loan Phase