Give people fish, and you feed them once. Teach them to fish, and you feed them forever. I’m paraphrasing an old saying. Here’s my updated version: Give one person a business loan and you help start a business. Teach starting a business, and you help a whole community. That comes up because I’m doing a [...]
Small businesses are the backbone of our economy, creating jobs and adding new and innovative products to the market. The Small Business Administration exists to support both emerging and growing small businesses by offering services, tools, and resources at affordable rates. The SBA also offers several loan programs to help those businesses meet demand, acquire [...]
The SBA is one of the most vibrant sources of funds and tools for small business owners. Their lending programs, especially the 504 program, make it possible for all types of small businesses to secure needed funds to continue to grow their business. It takes many people to successfully secure and close an SBA loan. [...]
I had something else planned for this blog today, but the White House Startup America Partnership makes anything else trivial. OK, yes, it’s government, federal government no less, and it’s political by definition. I was raised to question authority and mistrust the official story. But even so, here’s why I’m optimistic about this one: They [...]
Congratulations to the Small Business Administration (SBA) for a great new redesign of its flagship SBA.gov website. The recent release is a huge improvement. This has always been the granddaddy source of official information on small business in the United States. For years its had thousands upon thousands of pages of information about starting a [...]
The Small Business Administration has announced an all new “Small Loan Advantage and Community Advantage Loan Initiatives” program. From the SBA.gov website: “SBA is committed to expanding access to capital for small businesses and entrepreneurs in under-served communities so that we can drive economic growth and job creation.” The new initiatives promise a smaller application [...]
Banks and bankers have a relatively bad reputation, largely undeserved. Being more of a natural hermit than a networker, I can’t say I ever looked forward to dealing with banks, even though I had to. But over time, through the years of running the business, I’ve met a lot of smart, likable banking people. And [...]
I’m sorry I’m late on recommending John Jantsch’s “These Jobs Ain’t Coming Back” on his Duct Tape Marketing blog. Better late (he posted July 2) than never, though, because it’s important. John doesn’t talk about larger political issues very often, because he’s usually immersed in tools, techniques and practical ways to help real people in [...]
I posted about Good Clean Love last month; it’s a local (Eugene, Ore.) company that won our angel investment contest. And I’ve been meaning to post about the national SBDC program ever since. Good Clean Love is one of several good local companies that have been through our SBDC’s business management program. Do you know [...]
Are you in the U.S.? Are you aware of SCORE? The name stands for Service Corps of Retired Executives, a volunteer organization funded by the SBA that offers free counseling and related help to entrepreneurs and small businesses in the United States. I’ve been one of those SCORE volunteers for about three years now. I [...]