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3 Brands That Support Aspiring Entrepreneurs

Starting up your own business isn’t easy. The biggest challenge most small business owners face is finding enough money to keep the business running, with 67 percent of entrepreneurs citing lack of capital and cash flow as a top challenge, a Guidant Financial study found. Marketing and advertising, time management, managing administrative tasks such as bookkeeping, and handling recruitment and benefits ranked among other top challenges.

3 Brands That Support Aspiring Entrepreneurs

Instead of facing all these challenges alone, it’s prudent to tap into resources that are available to help entrepreneurs navigate the pitfalls of the start-up phase. You can find help from government agencies such as the Small Business Administration, which provides an online guide to starting a business as well as other resources. Your local chamber of commerce is another great resource. You can also find help from nonprofits and private companies.

Here are three brands that support aspiring entrepreneurs you can turn to for support:

SCORE

One of the SBA’s nonprofit partners is SCORE, a nonprofit dedicated to promoting small business through mentoring and education. SCORE runs a network of 10,000 volunteer business experts organized into 300 chapters around the country. Through SCORE’s small business mentoring program, you can get partnered with an experienced business mentor who can provide you with guidance in areas such as how to write a business plan, how to finance your business, how to market your products and services, and how to manage key administrative tasks. In addition to mentoring services, SCORE’s website provides resources to help you secure support in critical areas such as financing.

Amway

Another excellent resource for aspiring entrepreneurs to lean on is Amway. With six decades of experience supporting American entrepreneurship, Amway has recently begun using the Internet to train a new generation of small business owners. Amway’s business model allows independent business owners to earn money from selling high-quality health, beauty, and home care products and from recruiting others to become Amway representatives. To support this mission, Amway has developed a startup experience called Pathway to Success, which combines offline and online support for its independent business owners. IBOs have access to an 80-lesson virtual course that provides a complete education in how to start up your company, how to leverage tools such as social media to grow your business, and how to develop skills to become an effective business owner and leader. IBOs also receive personal mentoring support from their sponsors and can go online to ask the Amway community answers to common business questions.

Office Depot

Another brand helping small businesses get started is office supply chain Office Depot, which recently launched its BizBox platform to help aspiring entrepreneurs set up an effective infrastructure. For decades, Office Depot has combined its offering of office supply products with services such as copying and printing. Recently, tech services such as design and web building have been added to this line of offerings. Last year, Office Depot took its support for entrepreneurs to a new level by launching the BizBox platform to provide all the tools, services, and expertise to start and run a small business. The platform is designed to assist entrepreneurs with key steps such as incorporating a business, designing a logo, building a website, and online marketing. End-to-end services that are offered include accounting, SEO marketing, email marketing, social media marketing, payroll and HR, and technical services.

Conclusion

Resources such as SCORE, Amway, and Office Depot make it easier for entrepreneurs to start a business than ever before. Tapping into these resources can help you secure business financing, learn how to run your business, and set up your infrastructure. By relying on established companies to support your start-up, you can give your business a jump start, accelerating you along your path to success.

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