For entrepreneurs and small business owners, navigating the tricky terrain of creating a sound business plan, forecasting for growth, and developing an operative growth strategy can be a major challenge. Fortunately, American entrepreneurs and operators have access to one of the most effective resources in the worldwide market: The U.S. Government's Small Business Administration (SBA). While leveraging the considerable resources offered by a cabinet-level agency with a budget over $700 million can seem daunting, the benefits offered by accessing the valuable programs, resources and education offered by the SBA far outweigh the potential hurdles. Fortunately, you don't have to navigate the complexity of the SBA on your own. This segment of our four-part report will help you understand the history and structure of the SBA and offer a clear overview of the basic programs offered by the agency. Succeeding parts of this white paper offer strategies to grow your business by leveraging SBA programs, resources, and common sense advice on starting a business, financing your operations, managing operational needs, and marketing your business to the global marketplace.
To learn how to effectively use the SBA to grow your small business, download Part 1: Introducing the Small Business Administration.