You should always be looking forward to predict if your products could be made obsolete by developments you make, by those of your competitors, or by new entrants to the marketplace – or a combination of all. It can be difficult. What do you do if you are a dominant typewriter company and demand drops to near-zero?
A recent story in The Jewish News provides a testament to entrepeneurial ingenuity, perseverence and innovation—featuring a client of SCORE of Southeast Michigan.
Are you a current or retired business executive or small business owner? Do you have experience, wisdom, insights and expertise to share? Are you ready, willing and able to share elements of what made you successful with the next generation of small business owner and operator in southeastern Michigan? Then volunteering with SCORE just may be for you!
The Southeast Michigan chapter of SCORE is working in collaboration with the City of Detroit and Techtown Detroit, among many others, on a project to get our community's local small businesses back to work post COVID-19, known as "Detroit Means Business," beginning with a workshop series this week.
he Southeast Michigan chapter of SCORE has published a downloadable checklist for owners and operators of small businesses and retail storefronts to make sure their businesses are prepared for their return-to-work operations
The outbreak of the novel Coronavirus has had devastating effects on the entire restaurant and hospitality industry, with small businesses taking an even harder hit. As I’ve navigated the uncharted territory recently for my own business and advised SCORE Detroit clients, I’ve compiled the best tactics for managing a restaurant amid COVID-19.
Risk is made tangible by evaluating the likelihood of the risk and the severity of the consequences should it happen. For example, a pandemic is one of those things that seemed somewhat unlikely (we thought) but would have a catastrophic consequence on most every piece of our existence (proven in real-time).
SCORE partner NEI (the New Economy Initiative) has collaborated with Startup Space to launch a page connecting you to critical resources, programs and funding. Sign up to access a digital hub that brings all COVID-19 resources, such as links to grant and loan applications, best practices, and trusted information, under one platform.