Managing Your Business

15224515727_46cbb68e84_bAnalyzing your business

If you are a small business owner, you need to know how your business stacks up with your competitors in order for your business to thrive. SizeUp, a tool from the Small Business Administration (SBA), will help you manage and grow your business by benchmarking it against competitors; mapping your customers, competitors and suppliers; and locating the best places to advertise.

Resources to get you started

SBA has useful resources and information to help you manage your business. Explore different topics such as running a business, business law and regulations, health care, and more on its website.

Minority Business Development Agency (MBDA) also has essential readings on managing your business. Topics include sales & marketing tips, using technology and understanding business laws and regulations.

Getting certified

  • 8(a) Business Development Program
    The 8(a) Business Development Program is a business assistance program for small disadvantaged businesses. The 8(a) Program offers a broad scope of assistance to firms that are owned and controlled at least 51% by socially and economically disadvantaged individuals. Participants can receive sole-source contracts, up to a ceiling of $4 million for goods and services and $6.5 million for manufacturing. 8(a) firms are also able to form joint ventures and teams to bid on contracts. Find out how to apply to the 8(a) Business Development Program!
  • Historically Underutilized Business Zones (HUBZone) Program
    The program encourages economic development in Historically Underutilized Business Zones – “HUBZones” – through the establishment of preferences. The federal government has a goal of awarding 3% of all dollars for federal prime contracts to HUBZone-certified small business concerns. Find out more about the HUBZone Program.
  • Women-Owned Businesses Program
    On October 7, 2010, the U.S. Small Business Administration published a final rule effective February 4, 2011, aimed at expanding federal contracting opportunities for Women-Owned Small Businesses (WOSBs). The Women-Owned Small Business (WOSB) Federal Contract program authorizes contracting officers to set aside certain federal contracts for eligible WOSBs or Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs).
  • Veteran-Owned Business Program
    If you are a veteran or service-disabled veteran, SBA has resources to help you start and grow your small business. From creating a business plan to finding your first customer, we’re here to help you succeed.

Getting assistance

Getting training

  • SBA Learning Center
    The Small Business Administration launched a SBA Learning Center that provides educational information on how to manage small businesses. Watch webinars and training videos on various topics, including cybersecurity, patents, customer service, business technology, and many more!
  • MBDA Webinars
    MBDA offers an ongoing series of web-based seminars that allow for business owners to explore opportunities, access current information on business trends, and connect with industry experts and peers.

 


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