Help to Start Up My Own Business

If you have ever wondered, "Can I get help to start up my own business?," the answer is a definite "Yes!"

You don't have to go it alone!

When it comes to starting your own business, you need to spend a considerable amount of time planning before you actually begin working the business. This might seem a little frustrating if you have decided that now is the time to to take your dream of being an entrepreneur a reality.

Time spent planning your business is not wasted. If you prepared to say, "I would like help to start up my own business," then you need to be prepared to do your homework to make that experience a positive one.

One source of help for new businesses is the U.S. Small Business Administration ("SBA"). This agency was set up by the federal government in 1953 to provide assistance to small business owners. The SBA offers a number of services to aid new business owners in getting their venture off on the right foot.

If you want to make sure you have all the bases covered for your new business, you may want to take one or more of the online courses offered by the SBA. Courses are designed to be self-paced which means you do not have to set aside a large chunk of time for this purpose. Most of the courses should take less than an hour to complete.

The courses being offered for new business owners are as follows:

• My Own Business (a free course)
• Small Business Primer (a guide to starting your own business)
• How to Prepare a Business Plan
• How to Start a Business on a Shoestring Budget
• Franchising Basics
• Technology 101: A Small Business Guide

The SBA also operates Small Business Development Centers (SBDC) in offices located across the United States. The SBDCs offer a number of programs to business owners, including assistance in getting financing.

The SBDCs don't lend money directly to business owners. Instead, this agency helps businesses get the financing they need by guaranteeing that the money being borrowed will be paid back.

In the case of a small or minority contractor, the SBDC can help to arrange for a surety bond for contracts worth up to $2 million. These guarantees are made to cover:

• The bid
• Performance
• Payment

In this situation, the SBA agrees to assume a certain percentage of the loss if the contractor is in breach of contract. This surety guarantee means that contractors are able to bid on projects that may otherwise be out of reach for them.

Another source of help for a new business owner is through SCORE. This organization was founded in 1964, and offers one-on-one mentoring to business owners. More than 10,000 people volunteer their time to help fellow business owners through SCORE. You can search for a mentor nationwide to get help by e-mail, or if you prefer to meet with someone personally, the SCORE web site can help you find an office near you.

In addition SCORE has a number of online resources available to you on its site. You can get access to an online library of helpful articles, tips for starting a business, suggestions for recruiting top-notch candidates to work for you, and much more.

As you can see, there is help available to a new business owner. Now that you have the question of "Where can I get help to start up my own business?" answered, the idea of becoming an entrepreneur will not be so daunting.

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