Small business association

Essay by awargula80College, Undergraduate November 2014

download word file, 2 pages 0.0

Downloaded 1 times
Keywords

Ashley Wargula 9/28/14

The small business administration is a system that provides support for smaller businesses, or people looking to open a small business. The main object behind the small business is quoted as, "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters". There are many offices throughout the US, at least one located in every state. The small business administration has a program that supports counseling partners, as well as resource partners such as SCORE throughout the US.

Here in Buffalo NY we have a small business administration located at 1300 Elmwood Avenue with the district director, Franklin J. Sciortino. The Buffalo headquarters area includes the industrial centers of Buffalo, Niagara Falls, Jamestown, North Tonawanda, Lockport, Olean, and Batavia. The SBA has been opened In Buffalo since 1984 and has worked with over 22,000 businesses helping invest more the 230,000,000 in this area's economy as well as creating more than 12,000 jobs

Working with the small business administration in New York State can help with working around obstacles to become successful.

They will work with their clients to understand what a business plan is and the importance of one. They can help you search and discover sources of funding for your business idea all well as identifying ways for exporting goods and services. They will work with you on complying with any licenses needed to be taken care of as well as reading over the rules and regulations needed to know. The most known elements of the SBA are the loan programs which offer many options to try to work with you. The programs work to try to make loans for longer repayment periods, based on certain criteria. They can even...