Starting a Small Business with Help from the SBA

Starting and managing a business takes motivation, desire, and talent. It also takes research and planning. Like a chess game, success in small business starts with decisive and correct opening moves. And although initial mistakes are not fatal, it takes skill, discipline, and hard work to regain the advantage. To increase your chance for success, […]

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Starting and managing a business takes motivation, desire, and talent. It also takes research and planning.

Like a chess game, success in small business starts with decisive and correct opening moves. And although initial mistakes are not fatal, it takes skill, discipline, and hard work to regain the advantage.

To increase your chance for success, take the time upfront to explore and evaluate your business and personal goals. Then use this information to build a comprehensive and well thought-out business plan that will help you reach these goals.

The process of developing a business plan will help you think through some important issues that you may not have considered yet. Your plan will become a valuable tool as you set out to raise money for your business. Until Sept. 30, small-business owners are able to access SBA-guaranteed loans with reduced fees. In the simplest sense, SBA loans from our participating lenders are “on sale” until the end of the fiscal year. 

You can access free help to start your own business here in Syracuse through local SBA-funded resource partners: the Onondaga Small Business Development Center (SBDC), the Syracuse Chapter of SCORE, and the WISE Women’s Business Center. Small-business advisers are available to provide free, confidential, and expert counseling services. 

Ready to find a small-business counselor? View SBA lender activity and learn more about our many programs to support your small business? Make the right move and visit www.sba.gov/ny/syracuse.                   

Bernard Paprocki is district director for the U.S. Small Business Administration’s Syracuse district office. He is responsible for the delivery of SBA’s financial programs and business development services for a 34-county region in upstate New York.

 

Bernard Paprocki: