The SBA website demystifies concepts such as writing a business plan, taxes, small business loans, and getting a mentor. Most of the services are free or low cost, and offered with one goal in mind. That goal being the success of small business in America. Listed below are the top four resources the SBA offers, and why they are such wonderful resources.
How to Write a Business Plan
The SBA provides a free online course on writing a business plan. They provide items such as sample business plans, and will provide a certificate of completion once finished.
A business plan is necessary for any start up business, and this free course from the SBA walks you through the process from start to finish.
The mere mention of the word taxes has probably stopped many small businesses from opening shop.
It can be confusing and complicated to figure out taxes.
You can hire (and probably will) an accountant who will help keep your business stay on track. However, you need to educate yourself on the basics of taxes for small business, even if you are not doing the taxes yourself.
The SBA has the best selection of resources for you to educate yourself on taxes for small business. The SBA lay out the proper resources, why you need them, and they explain everything in plain language. This page from the SBA is a necessity for all small business owners.
The SBA explains loan programs that are available for small business.
Many companies out there try to defraud small businesses into thinking small businesses can get free money from the government. One way to avoid being scammed, is to know what programs the government does and does not offer for small business. The website also educates you on finance terms small businesses must become familiar with.
When looking for loan information, it is vital you start at the SBA website for information.
SCORE is not a part of the SBA, but they are good friends. SCORE provides free information, and mentors for small business.
You can even get a virtual mentor. With a virtual mentor, you communicate via email instead of meeting in person.
The volunteers at SCORE are ex-business people who want to help get small businesses started.
The website has a lot of information, and it is hard to digest. However, the tools on here can mean the difference between success and failure of your small business.
Take your time, review the information, and find a mentor who is right for you. No business will succeed without the help of others, including the support of a strong mentor.