Monday, August 20, 2007

Have been browsing the Feds websites for online resources which persons setting up a new business might find useful and beneficial. Here is an excerpt which could, I think, be beneficial:

"The Small Business Administration (SBA) offers a wealth of useful information on their website for those interested in starting a business. By visiting http://www.sba.gov/ you can access information on establishing a business plan, as well as obtaining capital and funding. If you would like more information or wish to speak to an SBA representative, you can contact the SBA toll-free.

As a new business owner, you will need to understand your federal tax responsibilities. To learn more about federal tax responsibilities, visit the Internal Revenue Service (IRS). The IRS also provides resources for starting a business in your state.

The SBA does not offer grants to start or expand small businesses (with some exceptions), although it does offer a wide variety of loan programs. (See http://www.sba.gov/services/financialassistance/ for more information.)

While the SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support nonprofit organizations, intermediary lending institutions, and state and local governments. Please visit http://www.sba.gov/services/financialassistance/grants/ for more information.

Another excellent resource to consult is a private organization called the Service Corps of Retired Executives (SCORE). SCORE is comprised of retired business executives who donate their services and expertise to people starting or expanding a small business. SCORE has offices all over the country.

There also exists a nationwide network of Small Business Development Centers (SBDC), which is administered by the SBA. This program was developed to provide management assistance to current and prospective small business owners. To visit the SBDC online, please visit http://www.sba.gov/sbdc/. There are also Business Development Centers designed specifically to assist women, Native Americans, and minorities to which the Minority Business Development Agency (MBDA) can direct you.

For additional information on starting a business, please visit http://www.business.gov/."

1 comment:

Unknown said...

Think of the possibilities!