Category Archives: Workshops

The SCORE Startup Roadmap: Your Guide to Successfully Starting a Business

Take the SCORE Startup Roadmap

Are You Ready to Start Your Business?

The path to business ownership is an exciting journey. As you embark on your journey, you need a few things to successfully reach your destination. First and foremost, you need a good roadmap or GPS to successfully navigate your way.

The SCORE Startup Roadmap, sponsored by FedEx, guides your journey, from your business idea through opening your doors to customers.

Whatever startup route lies ahead of you, the Startup Roadmap provides direction along the way. It will help you chart a course to success, minimizing detours and dead ends so you can get to your goal faster. This Roadmap will take you from the initial step of defining your business idea through your ultimate destination: launching your business. In each chapter, we’ll teach you what you need to do and give you the resources and expertise you need to get it done. Continue reading

What’s the best way to pay your employees?

by Joe Heinrich, SCORE Seattle

Congratulations!! You’ve grown your small business so much that you need help, and so you’ve hired your first employee. Now you’re confronted with the task of paying that employee properly in accordance with IRS regulations and State of Washington statutes, along with making payments to taxing authorities and reporting to them periodically. And now you’re stomach’s churning!!

payroll

Overview

To correctly pay an employee in Washington, the employer needs to deduct the following taxes from the employee’s pay and report and remit timely these amounts to the relative taxing authorities:

  • Social Security Tax and Medicare Tax (just the employee’s share)
  • Federal Income Tax
  • Washington Labor & Industry Premiums (just the employee’s share)
  • Washington Paid Family & Medical Leave Tax (just the employee’s share)

There may be other withholdings from the employee’s pay, such as garnishments for child support, contributions to a retirement plan, donations, and the like. Continue reading

Your Business Roundtable

Kitsap SCORE and local Chambers of Commerce are working to develop a series of roundtable discussions for people who want to solve problems, find opportunities, and grow their businesses. Please share your answers to four simple questions and help us pick the best time to meet and choose topics for conversations.

Zero cost federal tax deduction — business use of your home.

by Joe Heinrich, Certified SCORE Mentor

Nirvana would be that a small business owner could generate a deduction from her/his business’s taxable income at no cost. Well, that situation is available for many small business owners: the business use of the home deduction. However, not all of small business owners are taking advantage of this deduction due to not knowing about it or fearing that taking the deduction will trigger an IRS audit.

First, the facts. IRS regulations allow a business owner to take a deduction for the business use of the home, provided that the space is used “exclusively and regularly” for business purposes. The space can either be a room, a part of a room, a closet, the basement or garage, or a separate building on the home’s lot.  Continue reading

Your concerns are important to us.

Kitsap SCORE is working with other organizations to create a series of business roundtables and workshops. Each meeting will focus on issues raised by the group’s members. Presentations and discussions will be aimed at helping each member solve problems and grow their businesses.

If you were a member of one of these groups, what would you want to discuss?  Continue reading

Does your small business need an app?

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Apps are everywhere. From your phone to your tablet to even your desktop computer, businesses of all types are offering easy-to-download applications to make your life easier. (helpful workshop)

If your business runs a little better with technology’s help, you might be tempted to develop an app of your own. Or you might have been approached by a company that claims that having an app for your business will be critical for increasing sales or customer engagement.  Continue reading

Your concerns are important to us.

Kitsap SCORE is working with other organizations to create a series of business roundtables and workshops. Each meeting will focus on issues raised by the group’s members. Presentations and discussions will be aimed at helping each member solve problems and grow their businesses.

If you were a member of one of these groups, what would you want to discuss?

Simple Steps for Starting Your Business – Online Workshop

SSSBMake a smart start on your business idea with the Simple Steps for Starting Your Business series by SCORE mentors, sponsored by Canon, U.S.A.

Watch the online workshop modules and download the free guide to get practical information and exercises that will help you determine whether starting a small business is right for you.

Take the Online Course

Are Your Ready for a Mentor?

Kitsap SCORE is here to help. Click this link to request a mentor. If you don’t happen to live on the Kitsap Peninsula, visit score.org. More than 11,000 volunteers nationwide are ready to help.

Why New Businesses Should Incorporate or Form an LLC

Summary

After developing your idea of what product or service that your business will offer,  a critical next step is to decide on how you will structure your business.

Join SCORE and The Company Corporation to learn more about this critical next step.

View This Pre-Recorded Webinar

Discussions topics include:

  • Benefits of incorporating?
  • What is an LLC? Why has it become such a popular entity?
  • Differences between forming a corporation (C-corp or S-Corp) and an LLC
  • Preparation of Articles of Incorporation
  • Tax implications of each business format
  • Business structure for your company
  • Compliance issues

Presenter: The Company Corporation
Duration: 1 Hour
Host: SCORE Association

About The Company Corporation

The Company Corporation is a long-time, SCORE sponsor. Through their sponsorship, The Company Corporation brings entrepreneurs a number of start up resources including the How to Really Start Your Own Business workbooks & webinars and the 10 Steps to Form a Business interactive guide.

Free webinars can help you start your business.

These free webinars are available now at score.org