Guided by faculty advisers and sba management

guided by faculty advisers and SBA management-assistance
experts. Like SCORE volunteers, they analyze and help solve the
problems of small-business owners at their business
establishments.
Minority-Owned Businesses.
Are you ready to start your business, but don’t know where to
start or what opportunities are available to minority groups?
The SBA provides information on federal government programs
and services that help people start their own businesses.

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Small-Business Development Centers
Small-business development centers (SBDCs) (
university-
based groups that provide individual counseling and practical training to
owners of small businesses)
are university-based groups that
provide individual counseling and practical training to owners
of small businesses. SBDCs draw from the resources of local,
state, and federal governments, private businesses, and
universities. These groups can provide managerial and technical
help, data from research studies, and other types of specialized
assistance of value to small businesses. In 2017, there were
more than 900 SBDC locations, primarily at colleges
and universities, assisting people such as Kathleen DuBois. After
scribbling a list of her abilities and the names of potential clients
on a napkin in a local restaurant, Kathleen DuBois decided to
start her own marketing firm. Beth Thornton launched her
engineering firm after a discussion with a colleague in the
ladies’ room of the Marriott. When Richard Shell was laid off
after 20 years of service with Nisource (Columbia Gas), he
searched the Internet tirelessly before finding the right
franchise option. Introduced by mutual friends, Jim Bostic and
Denver McMillion quickly connected, built a high level of trust,
and combined their diverse professional backgrounds to form a
manufacturing company. Although these entrepreneurs took
different routes in starting their new businesses in West
Virginia, all of them turned to the West Virginia Small Business
Development Center for the technical assistance to make their
dreams become a reality.

SBA Publications
The SBA issues management, marketing, and technical
publications dealing with hundreds of topics of interest to
present and prospective managers of small firms. Most of these
publications are available from the SBA free of charge. Others
can be obtained for a small fee from the U.S. Government
Printing Office.
The SBA Provides a Variety of Services.
When disaster strikes, the SBA makes available relief for
stricken businesses. For example, the SBA provided disaster
relief to small businesses affected by Hurricane Sandy.
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SBA Financial Assistance
Small businesses seem to be constantly in need of money. An
owner may have enough capital to start and operate the
business. But then he or she may require more money to finance
increased operations during peak selling seasons, to pay for
required pollution control equipment, to finance an expansion,