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Are you thinking about starting a business of your own? Congratulations! It’s a huge step, and you’ll need to be prepared. That’s where SBA comes in: In this section, we have brought together the resources you need to get started. Whether you’re sitting down to write your business plan, wondering about your legal obligations, or researching your financing options, you’ll find the information you need right here.
Are you thinking about starting a business of your own? Congratulations! It’s a huge step, and you’ll need to be prepared. That’s where SBA comes in: In this section, we have brought together the resources you need to get started. Whether you’re sitting down to write your business plan, wondering about your legal obligations, or researching your financing options, you’ll find the information you need right here.
Thinking About Starting
If you’re thinking about starting a small business, you should start by weighing the pros and cons, so that you can make a wise decision. The resources in this section are essentially a toolkit to guide your decision-making process.
Finding a Mentor or Counselor
When you’re in the initial phases of getting your small business off the ground, you could probably use some guidance and advice from a mentor or counselor. Experts are available to assist you through local offices and for specific...Writing a Business Plan
Now that you’ve decided that you’d like to open a small business, you should put your thoughts down on paper. This way, your business idea is expressed in a plan – a living document that outlines every critical aspect of its...Establishing a Business
Once you decide that your small business idea is viable, you have several more key decisions to make. SBA is your partner, equipping you with the information you need. Be sure to review the information in this section carefully, because...Preparing Your Finances
Before you head to your bank or credit union to apply for a loan, be sure that you understand your situation and your options. What are your startup costs? At what level of revenue will your business break even? And how does SBA assist new...Loans, Grants & Funding
You have a variety of options when it comes to financing your small business. In addition to traditional loans, you may wish to explore other opportunities that range from grants and bonds to investor-based venture capital.
Business Law & Regulations
As a small business owner, you are subject to the same regulations as large corporations. Even if you’re starting out on a small level and planning to grow, you must comply with business laws and regulations from the day you open for...
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