September 8, 2015

By Bob Coleman
Editor, Hot Topic Tuesday

SBA Hot Topic Tuesday — Your Local Small Business Development Center is Main Street’s Best Kept Secret

Who is credited with creating a new job every seven minutes, a new business every 33 minutes, $100,000 in sales every four minutes and access $100,00 in capital every 15 minutes?

America’s Small Business Development Centers!

Tomorrow, I will speaking at their annual conference in San Francisco about loan fraud, so call this my annual pitch to encourage you to reach out to your local SBDC.

SBDC counselors do outstanding work by partnering with colleges, local governments and the private sector — 1,000 centers provide training to over 1 million aspiring and seasoned entrepreneurs annually.

So, why my ask? You should use the SBDC network to help your loan clients become better entrepreneurs. Also, don’t simply deny a loan request. And, this is the key takeaway. Refer those entrepreneurs to you local SBDC.

One-on-one counseling is augmented with every type of small business training imaginable.

Check out some of these class offerings.

  • Managing your Business Effectively
  • Access to Capital
  • Quickbooks Levels 1 through 4
  • Marketing 101
  • Facebook for Small Business
  • Should I Incorporate?
  • Hands On Content Marketing
  • Employee Development

Simply stated, SBDCs create MBA-trained entrepreneurs at a fraction of the cost.