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Tag Archives: Small Business Administration

How to use the Small Business Administration business plan generator

We may not get a lot of help from Washington D.C. but the Small Business Administration business plan generator is one of the real exceptions to that general rule. The system breaks down into two basic components: Narratives that explain your business idea, and Spreadsheets that capture your financial projections. If you’re already in business […]

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Will this wrestling professional fight for small business?

One of the most intriguing picks President-elect Donald Trump made for his team is Linda McMahon to head up the Small Business Administration. The press hasn’t spent very much space reporting on this nomination (as it doesn’t spend very much time on small business issues at all) so you may have heard nothing more than […]

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Play your small business lifeline: Leverage your nearest SBDC

What prevents small business owners from reaching out for help? There are a few good answers to this question: They’re too busy, They don’t know who to ask, and They think they can’t afford it. Do any of these sound familiar? It wouldn’t surprise me if they do, but before I go any further, I […]

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Why We’re Celebrating Small Business Week on a Very Tight Budget This Year

The Small Business Administration says that National Small Business Week – May 4-8 – is for “celebrating America’s entrepreneurs.” But can anyone afford the party favors this year? One of the uplifting facts of entrepreneurship, is that many successful founders start their businesses in slow economies. However, that hasn’t been the case in the past […]

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SBA: Small Business Friend?

Small business is pretty big business in the federal government’s bureaucracy. President Obama elevated the position of Small Business Administration administrator to cabinet level back in 2012 and its operating budget – just salaries and general overhead costs – is about $430 million. Of course, there’s a lot more cash involved in SBA loans and […]

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Programs to Boost Disabled Veteran Small Business Startups

About once a month, almost like clockwork, the national media run stories on the unemployment problems our veterans—especially disabled vets—face. Many are using an age-old strategy to overcome chronic unemployment: They’re starting their own businesses. There are great resources that veterans can tap into to get them started in their own businesses. Some specifically target […]

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The financial press is beginning to report a little easing on bank loans to small businesses. This is especially true for established small businesses. If you’re planning to open a new small business, it looks like banks are still holding on tightly to the purse strings. However, if you have a good track record—uh oh, […]

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Summer is Around the Corner: Are You Ready to Bring Interns Onboard?

The relationship between a business and interns can and should be mutually beneficial. Interns should get valuable insights into the business world and businesses are exposed to ambitious young men and women who are often brimming with new ideas and insights. Before we go any further, we need to point out that there are two […]

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Small Business Administration Soon May Have New Leader

Small business may be important for this country’s economic recovery, but apparently not important enough for President Obama to nominate a new leader for the Small Business Administrator in a timely fashion.  Karen Mills was sworn in as the 23rd Administrator of the Small Business Administration in April of 2009.  During her tenure, the President […]

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A Primer on Small Business Administration (SBA) Loans

When you are thinking of expanding your business, you can go the traditional loan route. But there is another option. Applying for an SBA loan which is partially guaranteed by the U.S. Small Business Administration. We’re about to break-down four of the primary kinds of loans offered by the SBA. Additionally, we’ll give you some […]

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