Growing Business
IN BUSINESS 3+ YEARS. WE’RE READY TO ASSIST YOU WITH OPERATIONAL AND STRATEGIC PLANNING, MANAGING AND FINANCING GROWTH.
Our services are offered at no cost throughout the Los Angeles area and beyond. The list below contains services we commonly offer to growing businesses in existence for three years or more. Our services are tailored exclusively to your individual needs; if you do not see a specific area of need listed below, please make an appointment to speak with one of our consultants.
Don’t forget to check out our resource and partner pages!
Business Planning
Permits and Licenses: For relocation, expansion and the like, the SBDC will define the permit project scope, identify the required permits for the project, provides contact information for the correct agency.
Succession Planning: The SBDC assists the client with an evaluation of the business, identification of key positions in the organization and potential successors as well as any necessary training and support planning. In addition, the SBDC can help the client pland and develop talent pipelines for the future.
Franchise Development Planning: The SBDC will assist the client develop a franchise strategy and business plan, guide the client with any necessary market research, competitive benchmarking, gap analysis or financial modeling.
Finance
Loan Packaging: The SBDC collects lender requirements for clients seeking business loans. Preparation of the client’s business financial statements, loan narratives, and other necessities required by lenders for a loan package are completed with the aid of the SBDC. One of the most valuable aspects of this service is the SBDC will shop your loan to our network partners to help you obtain the best terms and rates.
Tax Planning: The SBDC works with the client and his or her needs and objectives to develop a tax strategy that identifies incentives and rebates for the client’s business while complying with regulations. Resources and referral partners are also suggested to the client.
Legal & HR
Hiring Employees: The SBDC will consult the client on creating/improving the organizational structure, any recommendations on possible management positions, and effective delegation. The SBDC will also recommend available employee subsidy programs, relevant training programs, and related services.
Managing Employees: The SBDC mentors client’s strategic plan for scheduling, professional development, and team development within his or her business, assisting and providing feedback where necessary.
Lease Negotiation: The SBDC will analyze potential client lease agreements to determine advantages and disadvantages of each option when relocating or expanding to multiple locations. The SBDC will develop a cost analysis based on the targeted leases and review with the client to determine the best opportunity.
Marketing
Rebranding: The SBDC assists clients with envisioning how consumers may value his or her brand, reevaluate the purpose and meaning of the brand as it may have grown, and repositioning the brand based on the new competitive environment. A strategy for brand redevelopment, customer communication and rebrand launch is then designed to allow clients to monitor customer feedback. Resources to implement the new brand strategy are also shared with clients.
Market Identification: If the client’s market has expanded to include new clientele, changed focused or in need of identifying new opportunities in the market, the SBDC assists clients in redeveloping a marketing strategy and execution plan based on a market segmentation analysis and industry research.
Government Contracting
Bids: The SBDC will help define the requirements, due dates, and outcomes of prospective bids as well as evaluate the likeliness of the client attaining the bid.
8(A) Certification: The SBDC identifies key requirements for 8(A) certification. If/Once 8(A) certified, the SBDC then outlines the necessary steps for clients to apply for the 8(A) program.
Federal/Local, State, Private, Utility and Other Opportunities: The SBDC recommends various agencies that have bids to match your firm’s services. Criteria for bid selection are then analyzed in order to determine the client’s business’s probability of a bid award.
Procurement: The SBDC assists the client compile procurement needs for his or her business and/or the business the client wishes to sell products/services. Then, a RFP or RFI can be framed for purchases from and sales to business partners.
Download Tools
This document is provided by the U.S. Patent and Trademark Office, it outlines the steps necessary to obtain a non-provisional (utility) patent.
This document summarizes common federal, state and local certification criteria, certification lengths, certifying agencies, and associated fees.
The Trade Finance Guide: A Quick Reference for U.S. Exporters, was designed to assist small and medium-sized companies in the U.S. This guide provides vital information necessary for knowing the financial aspect of trade. This information gives small businesses the basics of trade finance to turn their export opportunities into the achievement of sales and profit.
A great checklist for any small business owner or entrepreneur outlining consideration before signing a commercial lease.
