Small Business Advisors (SBA) are professional individuals with proven track records to help small businesses take the next steps in opportunity and growth. Small Business Advisors will provide you with a range of options to choose from to help you get your business off the ground and running. Small Business Advisors can help you with every step, from determining your unique entrepreneurial objectives to identifying your business structure, business goals, and strategies. Additionally, they can help you secure financing for your business and help you plan marketing strategies to gain maximum exposure to the marketplace.
Small Business Advisors will provide you with professional, comprehensive financial planning and management services. This includes establishing an appropriate budget, protecting your assets, and investing in your company’s growth. To be successful, a small business owner must also be aware of tax regulations and strategies to minimize financial risk. In short, small business advisors will work with you to ensure your long-term success.
The SBA’s Service Delivery Apartments (SDOs) provide qualified staff members to help you through every step of the process. There are three levels of SDO status, and you can be assigned one or more of them depending on your current level of involvement within your company. The lowest level is a Service Contractor, responsible for basic accounting and small business advisory functions. At this level, the Small Business Advisors will serve as advisors only, working one-on-one with your company’s managers and staff to guide you through every stage of the process.
Professional financial planning and investment management are essential for any business. For many small business owners, however, this may not be possible or affordable. The SBA provides funding for various programs that help new and established companies alike address these issues. For new businesses, the SBA’s Technology Partner Program (TPP) may be the best solution. Through TEP, small business advisors work with companies to develop technology solutions that help reduce financial risk and increase a company’s profitability.
Small business advisors may also choose to utilize the services offered by financial advisors under management consulting. Management consulting firms bring together management teams from different types of companies in order to develop long-term strategies for each industry. When combined with financial advisors, these firms help a company develop and implement a sound business strategy. When combined with their small business advisor partners, the resulting strategy addresses a number of short-term and long-term challenges.