Explain how the Small Business Administration helps small businesses.
The Small Business Administration (SBA) was created in 1953 to assist and counsel the nation's millions of small-business owners. The SBA offers management courses and workshops; managerial help, including one-to-one counseling through SCORE; various publications; and financial assistance through guaranteed loans and SBICs.
It places special emphasis on aid to minority-owned businesses, including those owned by women.
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Small Business
- Analyze the growth of franchising and its advantages and disadvantages ?
- Explain the concept and types of franchising.
- Describe the advantages and disadvantages of operating a small business.
- Assess the contributions of small businesses to our economy.
- Identify the people who start small businesses and the reasons why some succeed and many fail.
- Define what a small business is and recognize the fields in which small businesses are concentrated.
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