Who sponsors the SBDC?The SBDC is a public private partnership sponsored by various federal, state and county governments and agencies, as well as private businesses. See our Supporters page for the complete list.
How does the SBDC help an existing small business grow?SBDC counselors can help existing small businesses with issues such as: strategic planning, market expansion, retail merchandizing, cash flow management, government contracting, hiring employees, evaluating sources of expansion capital and many other critical issues that face the typical established small business.
How much does it cost to meet with SBDC counselors and volunteers?All counseling at the SBDC is offered at no charge. Whether you meet with an experienced business counselor, a CPA to discuss taxation issues, an attorney to learn about legal issues affecting your business, or an experienced marketing consultant to learn about low cost marketing techniques to jump-start your business, counseling will be free of charge.
How do I determine if my business will be successful?While there is no guarantee of success when starting a business, there are certainly ways to maximize your opportunities for success. Conducting market research, creating a budget, developing a business plan, and forming a solid management team are all important aspects in creating a successful business. Take advantage of the Center’s counselors and dedicated corps of volunteers who are experienced business professionals available to help your business become a success. The SBDC also houses the Loudoun Entrepreneurial Resource Center, specifically designed to help businesses gather the information they need to grow their businesses.
How do I obtain financing to start my business?In these difficult economic times, the best way to find out about the types of funding you might qualify for is to meet with a SBDC counselor. SBDC counselors can provide information about federal, state and local funding programs, and assist business owners in developing their required business plan.
What permits, licenses, tax ID numbers, etc. do I need so that I can conduct my business legally?The initial start-up steps are unique for every type of business. Legal requirements vary from business to business depending on a number of factors including: the type of industry, location, management/ownership structure, number of employees, the business model, etc. Starting a business may require you to fill out forms with local, state, and federal government agencies.
The best way to learn about what legal/licensing requirements you may be responsible for is to attend one of our bi-monthly Start Your Business seminars, and most importantly, to arrange an appointment with a SBDC counselor to discuss your specific requirements. In your first counseling session you will receive a 10-step start-up checklist for your business.
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