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How To Expand Your Small Business
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Article 8: Government And Other Helpers
The daunting task of deciding whether to expand a business should be based on solid research. But the best business thinking goes awry if its raw information is flawed. As the old saw goes: “Garbage in, garbage out.”
Here’s where to find solid information to determine whether and where your business should expand.
Financial and management information
Small Business Development Centers (SBDCs) provide technical small-business assistance, including how, when and where to expand. SBDCs also can help prepare a small business to seek venture capitalists to finance growth. The counselors at SCORE are experts in nearly every area of business management, and their advice is free. Get financial information from the U.S. Small Business Administration, including financial tips for a growing business, and SBA loan programs, ranging from micro-loans to equity financing.
Market information
Exporting information
ELAN, the Export Legal Assistance Network, provides free initial consultation with international trade attorneys. Export.gov provides industry information and trade leads for exporters of U.S goods and services. Get information on trade events, market research, trade agreements, statistics, industry associations and contacts. The SBA also provides online courses on international trade issues at http://www.sba.gov/services/training/onlinecourses/index.html. Assess your “international risk” quotient and get a primer on exporting and international business opportunities. Learn about exporting opportunities to the nations of Europe at EUBusiness.com.
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How To Expand Your Small Business
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