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Small Business Development Centers (SBDCs): Free Business Management Support!

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By: James Timberview/

A Small Business Development Center (SBDC) is one of the most underutilized resources available to small business owners.  Private business consultants can be expensive; SBDCs, however, are paid for by the government, so don’t pass up the opportunity to utilize their free, valuable assistance and vast networks.

According to the SBA (, Small Business Development Centers are partnerships primarily between the government and educational facilities, administered by the Small Business Administration and aims to give educational services to small business owners and aspiring entrepreneurs.

An SBDC generally provides the following services for small business owners & startups:

  • One-on-one consultation in business finance, marketing, management, research and more
  • Assistance with business plan development and business expansion
  • Help develop marketing plans and access market information
  • Advice on securing a grant, bank loan, and equity investment
  • Expertise in financial planning & analysis
  • Training opportunities and business education

Quick facts about SBDCs:

  • SBDC Locations: There are a total of 63 SBDCs nationwide, with at least one in all 50 states.  Click here to find the location nearest you.
  • SBDC Cost: All services given at SBDCs are free.  Optional, low-cost training is also available.
  • SBDC Eligibility: Anyone can join an SBDC, but strongest consideration is given to those who are creating their first small business and cannot afford private consultation.

Written by entrabanker

March 21, 2012 at 2:02 am

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