2017 Business Alternatives for the Entrepreneur:
Should I Start-up a New Business, Buy an Existing Business or Buy a Franchise?
Contact
lraman611@yahoo.com713-487-6565
is an all-volunteer group with real-world business experience, dedicated to your success.
Our Mission: Help Small Businesses Succeed.
Our Mantra: We educate, counsel, mentor.
Founded in 1964, SCORE is a non-profit association and a Resource Partner of the U.S. Small Business Administration.
For more information, go to houston.score.org
You want to own a business but you face a choice. Should I start up a new business, should I buy an existing business or should I buy a Franchise?
We will review the ten most important factors you need to consider in evaluating each of the above alternatives.
Sample topics include: What management experience is required? Is funding one alternative easier than funding another? Will I control my own destiny? What are the valuation metrics?
Presented by Mike Fadden - SCORE counselor and mentor
Mike has founded three private companies in the energy sector. He was CEO of two and EVP of the third. At various times, he has been involved in (i) oil and gas marketing and risk management, (ii) business development, (iii) acquisition and divestitures and (iv) financing (both public offerings and private placements) of acquisition targets and for general corporate growth and (v) acquisition of hydrocarbon raw materials for a major chemical company.Mike also managed a hydrocarbon exploration program for the chemical company and, early in his career, he was a staff accountant for what was at that time one of the Big 8 accounting firms.