Small business resources
Watch the video to learn about free and low-cost resources for your business.
Small business support organizations
These groups provide tools, services, help, and advice to small business owners. Their main goal is to help small businesses grow and succeed by meeting their specific needs by giving direct support and access to important resources.
Small business development centers (SBDCs)
SBDCs offer many services to help small businesses succeed. SBDCs are usually funded by the U.S. Small Business Administration (SBA) and work with state and local governments, universities, and private groups.
Typically, SBDCs offer:
- Business planning and management: help creating detailed business plans, setting goals, and finding solutions to problems.
- Marketing and sales: advice for marketing and sales, including figuring out who your customers are, making a complete marketing plan, and tracking marketing success.
- Financial analysis and access to capital: looking at your business finances, making predictions about your finances, writing a complete business plan, and connecting with places where you can get money for your business.
- Technology and innovation: how to use technology to make your business run better, increase productivity, and reach new customers.
- Export assistance: researching the market, deciding if you are ready to export, helping you create an export plan, and giving advice on export paperwork, rules, funding, and how to get paid.
- Training and education: information about workshops, seminars, and online courses that can help small business owners improve their skills.
To learn more about SBDCs and to find one in your area, visit the SBA website.
Specialized support organizations
Specialized support organizations such as women's business centers, minority business development agencies, and veterans’ business outreach centers are designed to provide targeted assistance and resources to their respective groups.
Women’s business centers
Support the expansion and development of women-owned enterprises by offering services that are specifically suited to the demands and difficulties that women entrepreneurs face.
Here are some of the services that WBCs typically offer:
- Business counseling: individualized support and direction to female business owners through business coaching.
- Training and education: specialized assistance and resources to encourage female entrepreneurs through training and education programs.
- Access to capital: loan application support, tools, and networking opportunities to assist women-owned businesses in obtaining funding.
- Marketing and sales: advice, materials, and training courses to assist women-owned businesses in improving their marketing initiatives and creating successful sales strategies.
- Certification assistance: support for female business owners to take advantage of certifications and access the advantages they provide for business expansion and success.
- Networking opportunities: platforms and events specifically designed to connect and engage women entrepreneurs.
Veterans Business Outreach Centers (VBOCs)
The SBA's VBOCs provide assistance and resources to veterans, active-duty military members, and their spouses who wish to launch or grow their own businesses.
Some of the services and resources that VBOCs offer include:
- Business training and counseling: Training on topics related to entrepreneurship, such as marketing, financial management, business planning, and government contracting as well as tailored counseling and mentorship to help veterans improve their business concepts, create business strategies, and handle the difficulties of beginning and expanding a company.
- Access to capital: assistance in navigating financing options, creating loan applications, and establishing connections with lenders.
- Mentorship and networking: networking and mentoring opportunities to assist veterans in growing their networks, gaining knowledge from professionals in the field, and accessing resources.
- Certification assistance: support in understanding the certification procedure and fulfilling the requirements of various certification programs.
Chambers of Commerce
Chambers of Commerce are local groups that support local businesses. They often give their members services such as networking events, business training programs, and campaigns to support them.
Joining a Chamber of Commerce can give a small business many benefits, including meeting business contacts, getting more attention in the community, and having chances to participate in events and promotions. Chambers of Commerce may also give discounts on business services and products.
Chambers of Commerce usually charge a membership fee, but it can be worth the cost for small businesses. Chambers of Commerce can also help small businesses connect with other businesses nearby and get more involved in the community.
You can find your local chamber of commerce by searching online, looking in local business directories and government websites, or talking to other business owners in your area.
Besides your local chamber of commerce, the US Chamber of Commerce offers programs and services to help small businesses. These include events and conferences, a Small Business Resource Center, and efforts to support small businesses. They offer programs like Small Business Nation (an online community), Small Business Master Class (online training), and the Small Business Council (an advisory group). Also, the US Chamber of Commerce Foundation runs the Corporate Citizenship Center, which helps businesses create and use corporate social responsibility (CSR) programs.
Free business programs
- SBA programs: The SBA offers free programs and resources to help small businesses, including advice and training, funding options, and chances to work with the government.
- Local business incubators and accelerators: many cities have local business incubators and accelerators that offer free or low-cost resources and help to new businesses and small businesses. These programs may include access to office space, mentors, and chances to connect with others.
Community colleges
Community colleges can help small businesses in several ways, including:
- Workforce development: community colleges offer job training programs that give people the skills they need to work in small businesses. These programs are often designed to meet the needs of local industries and businesses.
- Business training and education: community colleges offer business courses and programs that give business owners the information and skills they need. These programs cover topics such as marketing, accounting, money, management, and starting a business.
- Consulting services: community colleges may offer consulting and support services designed for small businesses, including help with planning, market research, financial analysis, and other parts of business development.
- Access to resources: community colleges often have many connections in the community. They can connect small businesses to different services, such as government groups, economic development groups, and industry associations.
- Partnerships: community colleges work with local businesses and groups to create internship and apprenticeship programs. They can also help small businesses find funding and offer other resources to help them grow.
Disclaimer
The information contained here is for educational purposes only and is not intended to constitute legal, tax, or financial advice.