FAQ

  • 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.