Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business. This article is part of a larger series on SBA Loans. Businesses applying for a loan through the Small Business Administration SBA can benefit from a well-prepared business plan. Using an SBA business plan template can simplify the task of creating a business plan for your business. An SBA business plan is a strategic plan that lays out the objectives of your business and how you plan to meet those objectives.
Assistance for Small Businesses | U.S. Department of the Treasury
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One of the largest functions of the SBA is the provision of counseling to aid individuals trying to start and grow businesses. Localized SBA offices throughout the United States and associated territories offer in-person, one-on-one counseling services that include business plan writing instruction, and assistance with small business loans. The SBA is headed by the administrator and deputy administrator, and also has a chief counsel for advocacy and inspector general—all of which are confirmed by the Senate.
Disclosure: Your support helps keep the site running! We earn a referral fee for some of the services we recommend on this page. Learn more. These businesses have a big impact on the US economy through job creation and innovation. The first part of this article includes recent market studies and small business statistics.