Discuss several ways the Small Business Administration assists entrepreneurs.
Small Business Administration or SBA assists entrepreneurs in many ways. Some of them are following. SBA’s assistance could prove vital for entrepreneurs in succeeding in their business startups.
- SBA publishes literature that could prove vital to assist entrepreneurs in their businesses by gaining the necessary knowledge from the published literature.
- SBA had many programs which provides financial help to entrepreneurs to try out their business ideas. Without this financial assistance, many ideas may not even materialize.
- SBA also provides licenses to private investment companies to loan money to entrepreneurs for their small businesses.