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Why Startups Should Seek Help From The Small Business Administration

By James Collister on August 29th, 2008
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Small Business OwnersStarting a new business isn’t an easy task. It takes a considerable amount of planning, marketing know how, capital, dedication. Getting through the regulatory red-tape requires perseverance, business savvy, and knowing where to look and what to do. To get a young business off the ground, consider checking out the resources available at the United States Small Business Administration.

Small businesses carry much of the employment burden without the benefits that larger corporations enjoy. They employ over half of the adult workforce in the United States. Recognizing the important contributions of small businesses, Congress established the US Small Business Administration in 1953 to give small businesses visibility in the marketplace and to promote fair and equitable competition in the business world. Today, the US Small Business Administration is an independent federal agency dedicated to addressing small business concerns, offering forms and publications, advice, and tips to help individuals contemplating starting up their own businesses succeed and grow.

As part of its goal to educate small business owners about the art of running a business, the US Small Business Administration maintains a training network through its Office of Entrepreneurial Development. Free online courses are offered in the following subjects:

Starting a business Managing a business Business planning tools Contracting with governmental agencies Risk management and security E-Commerce Financial management Training in understanding tax laws and regulations Marketing tools International trade topics

Among its more popular course offerings is the online class in Entrepreneurship: Starting and Managing Your Own Business.

The US Small Business Administration also sponsors national training events. These training events are taught by business professionals and offer young start-ups tips on such subjects as the following:

Devising the business plan Enacting e-commerce Driving sales through effective marketing Caring and growing a business Tax planning workshops Negotiation strategies

Information and registration at these training events are accessible through the US Small Business Administration’s training website.

Part of running a successful business requires an awareness of the regulations and policies affecting businesses. The US Small Business Administration provides business owners with regular postings of regulatory alerts, press releases, economic profiles, and new reports issued by Congress. Businesses can use the online law library to access forms, records, procedures, reports, and studies covering various aspects of small business administration.

If business owners aren’t clear about the applicability of specific rules and regulations as it relates to their business, they are free to step into a SBA field office to seek assistance from other local resources and counseling in the community. Each SBA field office features a program that offers information about starting businesses through the Service Corps of Retired Executives (SCORE) or the Small Business Development Center (SBDC). Information about disaster assistance, loans and financing a small business are also available at each field office.

Starting a business doesn’t have to be a lonely endeavor. Take advantage of the resources the US Small Business Administration has to offer, and take the start-up to the next level!

Category: Business and Management


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