Q: My wife and I have lost our jobs and think now would be a good time to start our small business. What success tactics can SCORE recommend for our consideration?
A: The time is right for you to consider enrolling in SCORE's "How to Really Start Your Own Business."
This small business series meets the next three Thursdays (Oct. 15, 22 and 29) from 6:30 to 8:30 p.m. at Hagerstown Community College's Valley Mall Center. Topics include "Organizing and Managing," "Finding and Minding the Money" and "Marketing/Sales for Success."
To register, call 301-790-2800, ext. 236.
SCORE's tactics for small business startup success include:
o 1. Learn as much about your proposed business as you can before startup. There is nothing like experience.
o 2. To the best of your ability, project your sales and expenses for at least your first year, and preferably for three years. Allow for all expenses, including your living costs, possible losses and costs such as fringe benefits and taxes before figuring your potential profit.