Northwest biz-newz from SCORE

Welcome to biz-newz Northwest, a business newsletter for Washington, Alaska, and Northern Idaho small businesses, presented by SCORE Washington. The purpose of this newsletter is to provide news, tips, and inspiration to entrepreneurs, to inspire potential volunteers to consider joining SCORE in our mission, and to encourage partners in the small business ecosystem to join us in supporting entrepreneurs and encouraging the dream.

SCORE is a nationwide nonprofit organization whose mission is to foster vibrant small business communities through mentoring and education. We aim to give every person the support they need to thrive as a small business owner. SCORE’s 11,000+ mentors generously volunteer their time to provide free mentoring and education for entrepreneurs and small business owners so they can pursue their dreams.

A Client's Success

Silver Slice Bakery

During the pandemic, owner Tanyia Smith created a gluten-free wood-fire pizza crust that is par-baked, frozen, and is sold to hotels and restaurants. She is currently working on pizza packaging and has a co-branding opportunity with Hormel Foods to expand into the frozen pizza industry. Like other businesses, post COVID, she made it through the storm and the future looks very bright, with a new product that tastes great, has a high demand and produces a new stream of revenue.

In Tanyia’s words, “I recommend SCORE to anyone who wants to start a business or is already in business. The experience and knowledge that the mentors have is not found in any books I read thus far. You’ll get the tools, insight, inspiration, knowledge, motivation and understanding to continue on your entrepreneurial journey.”

Biz-Tip of the Quarter

Corporate Transparency Act:

There is a new Federal Law, the Corporate Transparency Act (“CTA”), which became effective January 1, 2024. It is part of the Anti-Money Laundering Act of 2020 and requires privately held companies to identify their beneficial owners to the Financial Crimes Enforcement Network (“FinCEN”) bureau of the United States Department of Treasury. This essentially affects all Limited Liability Companies (LLCs) and small corporations.

To learn more about this new requirement, register for this free one-hour webinar:

Seminar offered on January 10, 2024, at 1:00PM EST.

The Corporate Transparency Act - What Small Businesses Need to Know.

Mentor's Story

Jack Stiegler

“I get a great deal of satisfaction in helping and encouraging clients by taking the mystery out of the process and simplifying the many steps involved.”

“I feel I receive as much as I give from mentoring. I meet very interesting clients, continue to learn personally, and have the opportunity to associate with some great SCORE volunteers."

“I estimate that (over 25 years) I have served over 2000 clients and put in over 3000 hours.”

Workshops

Have you heard the biz-newz? As of January 1st, 2024 SCORE Seattle’s workshops are sponsored. This means that now all of our SCORE services are completely FREE to you!

SCORE offers high quality, no cost workshops for new entrepreneurs and established businesses. Register today for an upcoming workshop!

Learn More

Featured workshop

Tax Essentials for New and Existing Business Owners

Featuring Information About Federal, State, and Local Tax Reporting

Presented by Amelia Lockhart

Upcoming Events

2024 Small Business Awards Gala

Save The Date!

The 2024 Washington State Small Business Awards Gala is the largest annual state-wide event that recognizes outstanding entrepreneurs and small businesses in Washington State. Bankers, brokers, accounting firms, the Small Business Administration, and numerous organizations that serve the small business community in the Pacific Northwest participate in this must-attend event, in addition to award winners and their guests. They come to the Gala to honor award winners, network with each other, and enjoy a wonderful evening.

Award winners in a variety of categories will be recognized by SCORE, the Small Business Development Center (SBDC), the Women’s Business Centers (WBCs), the Veterans Business Outreach Center (VBOC) and the Seattle District of the Small Business Administration (SBA).

Wednesday, May 1st, 2024

Cocktails: 4:30PM- 6:00PM

Plated Dinner: 6:00PM-8:00PM

Location:

Museum of Flight

9404 E. Marginal Way S.

Seattle, WA 98108

Watch for registration information coming to your inbox in early spring. For Corporate sponsorships and underwriting, please contact Tom Hughes at Tom.Hughes@scorevolunteer.org.

Coming This March and April

2024 Women's Pitch Event

This Pitch Contest is open to women entrepreneurs and women small business owners in the Puget Sound region. Our aim is to help prepare women entrepreneurs and business owners to successfully seek financing, whether it's from an angel investor or a bank. The winner(s) of the Pitch Contest will receive a cash prize.

Mentor's Story

Jack Stiegler

Workshops

Save The Date!

Coming This March and April

﻿2024 Women's Pitch Event

2024 Women's Pitch Event