The SBDC does not make business loans. However, the SBDC can help you in preparing to get financing. Writing a business plan, making cash flow projections, and suggesting different sources of financing including SBA loans are all available to you.
The SBDC’s objective would be to stimulate the economy and promote job possibilities by aiding small business development. The SBDC provides counseling, training, and knowledge in most facets of small business management. Included in this are but not limited to, areas of finance, marketing, management, procedures, certification, planning, expansion and human resources.
Contact your local Small Business Development Center (SBDC). They are supported by the SBA and provide management assistance to current and prospective small business owners. SBDC's ar located in all 50 states as well as the District of Columbia, Puerto Rico, and the U.S. Territories.
SBDC can help you by supplying details about the procedure and forms you will have to complete to join up your business with the State of New Jersey.
If this business is started in the United States, you can get help from the sba.gov or find a local (SBDC) Small Business Development Center in your area for business advise.
Among many other services, SBA sponsors the Service Corps of Retired Executives (SCORE), Business Information Centers (BICS), and Small Business Development Centers (SBDC).
Once you have finalized your business plan, you should review it with a friend or close business associate. Ask for their comments, recommendations and suggestions for improving the plan and your intended business strategies. You might also consider brining it to a local Service Corps of Retired Executives (SCORE) or Small Business Development Center (SBDC) office. They have counselors on hand to assist you in fine tuning or reworking your business plan. You can find locations nationwide by visiting their individual Web sites at www.score.org or www.sba.gov/sbdc/. In addition, ask your accountant, lawyer or a business planning consultant to take a look at your plan. Keep in mind that these individuals will charge you for their time and services. So if you
A business plan consists of sections on operations, advertising, management and business finances. For an example marketing strategy outline, contact your local SBDC.
The best improvement small businesses can do is take some small business seminar classes to help them grow. Most cities offers training classes such as business plan writing or how-to market your business. Check with the (SBDC) Small Business Development Center in your city or county. Score consultants can help small businesses improve. Score is a group of retired executive that gives free advise through local chambers of commerce or the SBA offices in your district.
The SBDC’s professional counseling services are offered at no cost. Most of the workshops are low or no cost.
You can contact your regional SBDC to ask about startup company assistance and classes which are provided in your town. You may even go to your local company Information Center, see the small company portion of a nearby book shop or library, or make reference to online Internet assets.
Search the grants.gov website to find grants that apply to your situation (ie. grants for your industry). Also, contact your nearest small business development center (SBDC) and speak with a counselor who may be able to tell you if your business is eligible for a grant. Although most entrepreneurs look forward to receiving governmental assistance for their small business ventures, it is better to first evaluate all other sources of financing, since the entire process of Govt. funding is extremely long and unpredictable: You never know if some requirement crops up at the last moment making you ineligible for the funding. Having said that, you can go to http://business.gov/finance/financing/loans/ to obtain extremely detailed information on how to go about obtaining federal assistance. Secondly, strive to make your business financially viable and self-sufficient as early on as possible. A good idea would be to start on a very small scale at first, make some money and then use it to further expand your oper
It is possible to get samples of business plans. Bplans are full of tips and offers free "How To's" and offers a video that guides you in writing your own plan. SBDC also gives out samples of business plans.