Author:M. Azim Ulfati          

   Funding a Business

To analyze funding opportunities for small businesses, including the role of the Small Business Administration (SBA) and to evaluate the effectiveness of these funding opportunities in light of the current economy.

In this time of economic challenges, to suggest two ways that the SBA might be of assistance to your small business. To explain how you would request this assistance.

I believe that all small businesses are the leaders to innovate, enhance, improve and drive the economy forward or backward. All small businesses are patent holders and create two thirds of all private sector employment opportunities and employing hall of all working Americans.

The small business administration and government agencies are the administrations that provide funding opportunities to the franchisees and the ones who starts business from the scratch. The loans are made through private lenders as micro loans. When SBA lends loan to the business owners, it also presents training to the employees of business and also provides information about the resources for improvement of business toward success. There is also the United States of America federal government as the largest buyer of the universe that spends more than $500 billion each year. And the Federal government contracts with small businesses and small businesses get revenue they require for creation of jobs and driving economy forward.

All these small businesses creates new jobs every year and make tremendous contribution to the United States economy, it gives the business people the chance for developing new ideas, improving goods and services.

There are two ways that SBA might be of assistance to your small business. First direct loans and second micro loans by private lenders and sectors like banks, certain private leaders like credit unions and small business investment companies. These assistance are requested in some special circumstances like, natural disasters recovery, development programs, humanitarian programs and energy conservation, In the mentioned cases, SBA largest direct loan program and also SBA program is in charge to provide affordable, timely and accessible financial assistance for landlords, home owners and tenants.