Question

In: Economics

Determine several “resources” available from the Small Business Administration (SBA) for entrepreneurs that...

Determine several “resources” available from the Small Business Administration (SBA) for entrepreneurs that might be useful in starting, financing, and managing an entrepreneurial venture. The SBA Web site is http://www.sba.gov.

Solutions

Expert Solution

The SBA provides information that can help the small business owner in setting up the business, helping them to position a company, earn good will for contracting opportunities. Also by helping the small business owner understand the basics of sellin. SBA also provides the resources for Small Business Owners in funding and developing their business.

 

Resources that they provide in funding small business are (loan program) :

  • 7(a) Loan Program
  • Certified Development Company (504 Loan Program)
  • Microloan Program
  • Small Business Investment Company Program Resources that they provide in funding small business are (Entrepreneurial development program):
  • Small Business Development Centers
  • Women\'s Business Centers
  • SCORE
  • Veteran Business Outreach Centers (VBOC)
  • Innovation and Strategic Initiatives Resources that they provide in funding small business are (Contracting and business development program):
  • Business development programme

Related Solutions

Question -In the management assistance area the small business administration SBA provides all of the following...
Question -In the management assistance area the small business administration SBA provides all of the following except free college credit course in management training and education programs counselling by business development Free publication Question - Which of the following is a trend that is changing the face of entrepreneurship and small business ownership a-stagnant demographic b-entrepreneurial diversity c-decreased use of overseas building d- an increase in the number of corporate mergers and acquistions
The Small Business Administration (SBA) tells us that most sole proprietorships will never get to see...
The Small Business Administration (SBA) tells us that most sole proprietorships will never get to see their fifth year of business. Becsides financial mismanagement, the SBA tells us that another major reason for failure is that the business owners dodn't know anything about their demand curves and often chose the wrong price strategy. Please identify at least three major items that any business should study and research in ordee to properly analyze its demand curve. (Example: demographics (i.e. age of...
What are the similarities between social entrepreneurs and small business entrepreneurs?
What are the similarities between social entrepreneurs and small business entrepreneurs?
What are the similarities and differences between Small business entrepreneurs and trading entrepreneurs?
What are the similarities and differences between Small business entrepreneurs and trading entrepreneurs?
what is the difference between small business owners and entrepreneurs
what is the difference between small business owners and entrepreneurs
What value does the Small Business Administration bring to small business and should the role of...
What value does the Small Business Administration bring to small business and should the role of the SBA be expanded or reduced in poor economic times? Should it continue its presence in better economic times?
At the beginning of 2019, three entrepreneurs decided to form a small business and organize as...
At the beginning of 2019, three entrepreneurs decided to form a small business and organize as a corporation. Their business is called The Property People, and they will serve homeowners who require assistance with home maintenance and small home improvement projects. Until the business is established, the owners will not leave their full-time jobs. However, they all have flexibility to arrange their work schedules and cover for one another. Each investor received 100 shares of stock. In return for the...
1. Without SBA loans, what can the small business owner do for finances? Give examples. 2....
1. Without SBA loans, what can the small business owner do for finances? Give examples. 2. What can the employer do during the lockdown to keep employees' attention and interest? Give examples. 3. How is the small business going to re-enter the market? Give examples. 4. What are some strategies you might suggest to stay in business? give examples Note: all 4 questions require Example. Thank you
Identify and critically explain the main features of the small business relief schemes for the administration...
Identify and critically explain the main features of the small business relief schemes for the administration of VAT in the tax year 2019/20.
What considerations should small-business entrepreneurs keep in mind when they are deciding whether a company should...
What considerations should small-business entrepreneurs keep in mind when they are deciding whether a company should follow a growth or a stability strategy?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT