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How SBDCs Can Help Your Business

3 min read

Running a small business is a difficult job. While it’s liberating to be your own boss, you have to bear all the burdens by yourself as well. Luckily, you don’t have to do it alone. There are several organizations aimed at helping budding entrepreneurs establish, build, and grow their business.

One of these organizations is the US government.

Small Business Administration

Headquartered in Washington, DC, the US Small Business Administration (SBA) is an independent federal agency whose mission is to aid all US citizens wanting to start or expand their small business.

The US Small Business Administration (SBA) is an independent federal agency whose mission is to aid all US citizens wanting to start or expand their small business.

The SBA provides consulting services, as well as legal advice, small business loans, training, and technical assistance for small businesses. Furthermore, it protects the interests of small businesses by assessing their regulatory burden and conducting research on how to improve their situation.

If you don’t want to travel to Washington on a daily basis, we have good news: the SBA has regional and district offices in various US locations. And even better: the SBA contributes to fund more than 1,000 Small Business Development Centers throughout the country.

Small Business Development Centers (SDBCs)

Small businesses comprise 99.7% of all US companies. It’s time somebody did something to help them operate. And while information and assistance provided by the SBA is important and necessary, it may be just a bit too abstract for your day-to-day business needs.

Luckily, Small Business Development Centers (SBDCs) were created with this problem in mind. SBDCs offer free business consulting to you on any topic related to establishing, operating, or growing a small business.

SBDCs offer free business consulting to you on any topic related to establishing, operating, or growing a small business.

SBDCs are an excellent source of help, know-how, and resources when it comes to running a business. The Small Business Administration cooperates with universities, state economic development agencies, and other partners to offer the best resources and hands-on advice to all US small business owners.

In addition, most SBDCs provide regular low-cost trainings on various topics. If you don’t have the time to sit for hours in a conference room, you can take one of the several courses offered online instead.

Locate your nearest SBDC and consult them for advice on any business related matter.

Help for Export/Import Businesses

If you’re entering the global stage for the first time, or you want to improve your international operations, you can ask for extra help. Both the government and civil non-profit organizations offer their assistance to small businesses wishing to establish or strengthen their international presence.

The hassle associated with international payments deter many small businesses from doing business globally.

The hassle associated with international payments deter many small businesses from doing business globally. Luckily, there’s a shortcut that helps small businesses overcome this obstacle.

Veem provides easy global payments to small businesses at a lower cost than your bank. You can send and request international transfers with just a click, which saves you significant amounts of time.

But that’s not all: since Veem charges no wire fees and offers competitive foreign exchange rates, you’ll save a lot of money as well.

Sign up for a free Veem account and enjoy global payments designed for small businesses.

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* This blog provides general information and discussion about global business payments and related subjects. The content provided in this blog ("Content”), should not be construed as and is not intended to constitute financial, legal or tax advice. You should seek the advice of professionals prior to acting upon any information contained in the Content. All Content is provided strictly “as is” and we make no warranty or representation of any kind regarding the Content.