What Can the SBA Do for You?

The Small Business Administration offers entrepreneurs a wealth of support whether the focus on the federal, state or local markets or private companies large or small. The following is a brief synopsis of the some of the key services the SBA provides and for more information please go to www.sba.gov

SCORE

The SBA has an agreement with a volunteer organization that is primarily composed of retired business professionals who seek to assist business owners to launch, grow or improve their business.  Most of their services  are free and they have more than 400 chapters across the United States  and its territories with more than 10,000 volunteers willing to assist small businesses become successful. You can go directly to SCORE’s website www.score.org or to the SBA to find out more information

Small Business Development Centers

SBDCs are partially funded by the SBA and are often located on college campuses as separate institutes and exist to provide more detailed and dedicated to support small businesses.  Services range from business plan development, market research, developing loan packages and an array of other business support services.  The cost of their services range from free to discounted rates for certain services.  There are more than 900 lead and service-center broad based SBDCs located throughout the United States and its territories. Please go to the SBA website and click on SBDCs for more information.

Women’s Business Centers

The SBA has established 114 community based centers to promote, assist and support the growth and development of women owned businesses. WBCs offer an array of services similar to SBDCs with an emphasis on women entrepreneurs often offering child care services to minimize the impact to obtaining support or training on personal schedules and responsibilities.  Please go to www.sba.gov/women for more information

Financing

The SBA offers an array of financial assistance from counseling, loan package development and loan guaranty and support programs depending on the type of business and the amount of working capital required.  Please go to www.sba.gov and click on financing for more information

This is only a snap shot of the various services that the SBA provides and most of it Is free so I strongly encourage to take advantage of all of their support to benefit your business.

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