Foundations

When you need business advice it’s not always crystal clear which way to turn. Sometimes you have a tax question other times it’s a management issue. Whatever the problem I suggest seeking out the free programs offered by the government first.

In every U.S. state there are SBA (Small Business Association) representatives that can answer nearly any business related question. If they can’t answer your question they can at least set you in the right direction. I would seek out the SBA first if I had questions regarding SBA loans, federal tax questions and for general permit and licensing information. They can also be very helpful when it comes to writing a business plan, developing and patenting ideas and providing information on federal laws. Visit www.SBA.gov to find your local representative.  

Each U.S. state also has state agencies that are experienced in helping small business as well. Sometimes states will have several offices throughout the state set up to explicitly help business owners. Other times there are a small army of offices each with their specialty; taxes, finances, legalities etc. However your state is, if you do not have a local SBA office you should definitely seek out this help as it is almost always free.

Colleges also offer several resources to help local business. Most of the time business owners can take courses through a college without actually enrolling. Locally it is called “workforce training”. Courses obviously vary from school to school but traditionally you can learn a few software programs, write a business plan, knit a sweater and learn a few pertinent laws. While these classes are not free some are close. I have seen classes for as little as $5.

Finally are the private firms. Most of the private firms are reputable… some are not. This is why you must proceed with caution. Personally I would go to these sources last. While they can offer more in depth help by filling and filing paperwork, writing important documents and even providing legal, accounting, or marketing services they often charge for their services. The exception may be non-profit organizations. You may find that financially it makes more sense to do the brunt of this work by yourself. Perhaps you can even have some documents proofread for a fraction of the cost.

Next time you’re stuck and need advice try remembering that there are a few great resources in your own community. Shoot for free and work your way up in cost from there.

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