Starting your own business can be very rewarding. While you may think you have to do everything yourself, it’s probably not the best idea. Asking for help is always a great idea in business. It’s good to network with other people as you never know what useful connections you can make to benefit your business. If you need legal advice, small business loans, or discounts on office supplies and travel, there are many places to turn. If you do a little research, you will find many wonderful perks and resources available for small business owners. Here are just a few of those great resources to help your business hit the ground running.
Legal Benefits
There are legal benefits available for small business owners. The Small Business Association (SBA) offers help on keeping your business compliant with federal and state laws. They also offer free business counseling. You can contact your local SBA for additional information. According to Capterra, there are lots of places you can get free legal advice. Local libraries, nonprofits, and courts often host free legal aid clinics where attorneys volunteer to provide basic legal advice. Your local state bar association is another valuable resource for legal aid hotlines and can help with small business topics. Law schools have clinics where professors and law students can also help with basic legal advice for your business.
Loans for Small Business
There are small business specific loans that offer many advantages for small business owners when getting started. They can help you become successful faster and there are many more options today than just regular traditional bank loans. There are options like Small Business Association loans, invoice-based financing, and convenient business lines of credit. According to Franchise Gator, small business loans are backed by the government and offer rate advantages over traditional loans. These loans are usually available to businesses that have been running successfully and earning revenue for at least a year. Revenue must be at a certain rate per year to qualify as well.
Small Business Discount Programs
Discount programs are offered by a range of different companies with everything from travel discounts to savings on merchandise and office supplies. They are available at stores where you earn purchase rewards and as a part of having a business credit card for purchases.
Running a small business can be a big job but knowing that there are so many resources and support can help. These resources can your company save time and money. This, in turn, can help you focus on growing your business.
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