SBA.gov is a website where prospective and existing small business owners can come for help. It’s divided up into several sections including starting and managing a business, getting loans and grants, getting contracts and seeking local assistance. Learn more about how SBA.gov (The Small Business Administration) can help you launch your small business and find long-term success.
Information and Advice
One of the main reasons why prospective small business owners go to SBA.gov is to get general information and advice about starting a small business. The site provides countless resources, including a learning center section for entrepreneurs and categories on starting and managing a business. Topics include everything from hiring employees to business laws and healthcare options.
The SBA also has a program called SCORE, which helps you find a business mentor in your area. You can talk to your mentor about your business idea and get expert advice on how to proceed via email or in person.
A lot of prospective and existing business owners look to the Small Business Administration for help with financing. If you walk into a bank and ask for money to fund your business, the chances of getting approved aren’t that good. New small business ventures are extremely risky. But if you get approved by the SBA, the loan funds are guaranteed by the Small Business Administration, which greatly improves your chance of getting financing from a bank.
Small Business Development Centers (SBDCs) are scattered all over the country. They’re commonly located on college campuses, where students are studying business, economics and entrepreneurship. The representatives at an SBDC can help you develop your business plan, do research, find a business location, apply for financing and complete countless other tasks that are necessary to start your company. Just locate and call your local center to schedule an initial appointment.
There are a number of other ways that SBA.gov can help you establish and expand your small business. It’s good to know that there’s assistance out there when you need it.
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