| Q: What is the purpose of the OCSBDC? |
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A:
Through consulting,
training and referrals, OCSBDC assists small businesses to function more
effectively, increase the chances of success, enhance profitability,
increase employment opportunities, and contribute to the vitality of the
economy in Orange County. |
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Q: Is the SBDC the same as SBA? |
A: No. The U.S. Small Business Administration (SBA)
was established in 1953 as an independent agency of the Federal Government
in order to help people get in business, stay in business and grow.
The Small Business Development Center Program receives funding from
the SBA to assist small business through no-cost business consulting
and low-cost training.To learn about the Orange County Small Business Development Center’s
Services, please call 714.564.5200.
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| Q: Do you have to be in business to use the services
of SBDC? |
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A: No. You only have to be considering the idea of opening
a business or researching the feasibility of a proposed profit-making
venture. To take the first step toward small business success, please call
714.564.5202.
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| Q: Do I need to write a business
plan? |
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A: Starting and running a business is a very demanding,
difficult, and hopefully, rewarding experience. By writing a business
plan you are planning for the success of your business. You will
look to the future to anticipate potential problems and opportunities
and develop a plan to handle them. Your business plan is an operational
tool for running your business and is mandatory if you are looking
for investment capital or a small business loan.
For assistance with business plan writing, or to
attend a training seminar on Business Plan writing, please contact
714.564.5200.
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| Q: Are there grants for small
businesses? |
A: No. The only grants available for "for-profit"
businesses is in research. Small Business Innovation Research program (SBIR)
is a highly competitive program that encourages small businesses
to explore their technological potential and provides the incentive
to profit its commercialization. Small businesses must meet certain
eligibility criteria to participate in the SBIR program:
- American-owned and independently operated
- For-profit
- Principal researcher employed by business
- Company size limited to 500 employees
Three-Phase Program:
Following submission of proposals, participating agencies make SBIR awards
based on qualification, degree of innovation, technical merit and future
market potential.
For more information on the SBIR program, please contact the Orange
County Small Business Development Center at (714) 564-5200 or visit
www.sba.gov.
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| Q: What is the most useful
financial report for a start-up business? |
A: One of the most valuable financial reports for a
start-up business is the Statement of Cash Flow Projection. It is
advised that a business should project out 12 months of income and
expense items for two separate scenarios:
- Expected Revenue
- Break-even revenue & expense
For assistance on accounting software training seminars, or to make
an appointment with our business consultant, please call 714.564.5200.
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| Q: What are the requirements
for an SBA Guaranteed loan? |
A: There are several key requirements that the SBA looks
at before reviewing a loan application.
- For profit business only.
- US or legal permanent resident status- verified with INS.
- Eligible purpose for loan proceeds. (i.e. working capital, machinery,
equipment, etc)
For more information on loan assistance, please contact 714.564.5200.
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| Q: Can you help if my business
is set-up as a not-for-profit business? |
| A: Because of the funding guidelines for
the SBDC, we are not able to assist those businesses that are established
as not-for-profit. If you would like to receive assistance on a non-profit
please contact either Volunteer Center for Non-Profits at 714-953-5757
and or Non-Profit Resource Center at 909-886-2890. |
| Q: I want to start a business
from my home, what should I do? |
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A: As with any other business, a home-based business
must have proper zoning approval and a business license. For home-based
business, zoning is particularly important, Please check with the
city or county clerk to find the zoning laws for a particular area. For more information on how to start a home based business, please
contact 714.564.5200.
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| Q: I have a small business
and would like to sell to the Federal Government. Where do I find Government
solicitations that I can bid on? |
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A: The best place to start looking for Federal Government
procurement opportunities is FedBizOpps (Federal Business Opportunities).
Go to the Internet and enter www.fedbizopps.gov.
The FedBizOpps web site provides assistance by e-mail and a toll-free
helpline. The site also links to FirstGov.gov, Federal Asset Sales,
Federal Commons, Department of Defense Business Opportunities, the
Minority Business Development Agency, Pro-Net, and Sub-Net.
FedBizOpps has been designated as the single source for federal
government procurement opportunities that exceed $25,000. Commercial
vendors seeking Federal markets for their products and services can
search, monitor and retrieve opportunities solicited by the entire
Federal contracting community. Government agencies use the FedBizOpps
system to post any and all relevant procurement information on the
Internet, including procurement notices, solicitations, drawings,
and amendments, and eventually receive proposals electronically.
FedBizOpps can be searched for procurement opportunities by; key
word, solicitation number, date, procurement classification code,
and agency for active or archived solicitations. Vendors can also
sing up to automatically receive procurement information, by solicitation
number, selected organizations, and product service classification,
allowing vendors to react more quickly to procurement opportunities
because they are better informed.
For assistance with Federal or State government opportunities please
contact Dick Brown with the Orange County Small Business Development
Center, at 714.564.5200.
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| Q: How do I get a good Public
Relations article printed in the local paper that will promote my business? |
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A: Typically the media is not interested in publishing
information regarding the promotion of your business unless your
organization has something to offer that benefits the community.
There are two types of articles you can write that will give your
business exposure to the media.
Time hook: This type of article is time sensitive and
is of interest to the community due to the issue being of interest
to a large number of people at a particular point in time. Example-recently
a clients business was written up in the Orange County Register
because of a concern that businesses were not using environmentally
friendly products. An auto detailer called the paper and mentioned
that he only uses environmentally friendly products and he was
given a third of a page discussing his business.
Ever Green: This is a Public Relations article that is
of interest to a large number of people in the community; however
it is not time sensitive. It is just simply a great-human interest
story that of interest to readers regardless when it is printed.
Example-this could be a story about an organization that provides “7
Tips on how to care for an elderly patent.”
For more information or make an appointment with a business consultant
regarding marketing, or register for a marketing training seminar,
please call 714.564.5200.
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| Q:
Can you assist clients who that are not fluent in English? |
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A: Yes. We have business consultants that may assist
you in Spanish, Vietnamese, as well as English.
To make an appointment with any of our bilingual business consultants,
please call 714.564.5200.
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