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U.S. Small Business Administration Resource Center
The AICPA has joined the U.S. Small Business Administration (SBA), an independent agency of the federal government dedicated to helping Americans start, build, and grow their small businesses.
As CPAs and trusted advisors assisting your clients or employers through each stage of their business life cycle, you will benefit from the strategic alliance between the SBA and AICPA when you leverage the valuable SBA library for your firm or organization and your clients. This site will continue to evolve over time, so be sure to check back for additional tools and resources to help you with your business and your small business clients
The SBA offers a myriad of tools and resources, and we’ve culled through these volumes to identify primary categories that will serve as excellent starting places when preparing to use them internally or share them with your clients: Resources for Start-Up Businesses, Resources to Help Manage Existing Businesses and Other Resources and Tools.
Small business is the driving force for many CPA firms. As their CPA and most trusted advisor, you should be aware that the U.S. Small Business Administration (SBA) is immediately implementing two key provisions of the Recovery Act. The SBA supports Obama in the important steps to be taken to address the economic challenges facing small businesses and entrepreneurs across the country!
The 2009 Stimulus Bill has huge impact on small business financing opportunities! Learn More>>
 President Obama Announces New Efforts to Improve Access to Credit for Small Businesses
The President announced new measures to help expand access to capital for small businesses as part of an ongoing effort to help small businesses access credit and create jobs. The announcement includes his call for legislation to increase the maximum loan sizes for 7a, 504 and microloans, as well as steps to support more small business lending through local community banks. For further details on the Presidents proposals, click here.
Resources for Start-Up Businesses:
For those that are just getting started or thinking about starting a new business, you may consider the following resources:
Resources to Help Manage Existing Businesses:
For those organizations with established small businesses, the following tools and resources may be of benefit:
Other Resources and Tools:
Frequently Asked Questions
SBA has published it’s Frequently Asked Questions annual report on small businesses and estimates that there were 29.6 million small businesses in the United States in 2008, and small firms accounted for 64 percent of the net new jobs generated between 1993 and the third quarter of 2008.
A Guide to the U.S. Small Business Administration
A new booklet for member CPA’s and their small business clients describes how small businesses can take advantage of the many tools and resources the SBA has to offer. Take this High-resolution PDF to your local print/copy shop for reproduction and start educating your clients today about how the SBA can help their small business succeed.
Economic Stimulus Act of 2008: How It Impacts Small Business –Client Brochure
Use this brochure to inform your small business clients how the new regulation can benefit their small business. This High-resolution PDF is provided for you to forward to your local print/copy shop (i.e., Kinko’s, Sir Speedy) for reproduction. Be sure to supply the print shop with a high-resolution file containing your firm name, logo and/or graphics (if any), and contact information to be inserted (in the space provided on the back of the brochure) by the print shop before reproducing.
SBA Tax Savings Resource Center – Economic Stimulus Act of 2008
The SBA created a Depreciation Calculator and an On-Line Seminar that demonstrates how business owners can maximize tax savings as a result of the new act.
SBA Environmentally Friendly Loan Programs
The SBA is Green! Two loan programs targeted for environmental capital assistance are offered by the SBA.
SBA ARC Loan Program
For small business stressed in meeting expenses, the SBA announced a new loan program scheduled to go into effect on June 15, 2009. It is designed to help small businesses meet current expense needs in this down economy. This program is only for established small businesses, not for startup businesses.
Expedited Loan Service!
Did You Know the SBA offers a financing program with a turn-around-time of no more than thirty-six hours? The SBA has streamlined the financial assistance procedures so financing under the SBA Express program can be guaranteed for a variety of general business purposes, and can be processed quickly! Click here to learn more about the express loan programs the SBA has to offer.
If you don’t find the tool you need in these resources, the SBA site at http://www.sba.gov/ has many other articles and tools that may cover the specific category you or your client may be seeking. If you encounter a great tool, article, or presentation on the SBA site that you feel would benefit other CPAs, their firms or organizations, or clients, please feel free to contact us at 1 (800) CPA-FIRM or e-mail us at pcps@aicpa.org.
Enjoy the new benefits available to you via this important alliance with the SBA!
DISCLAIMER: This publication has not been approved, disapproved or otherwise acted upon by any senior technical committees of, and does not represent an official position of, the American Institute of Certified Public Accountants. It is distributed with the understanding that the contributing authors and editors, and the publisher, are not rendering legal, accounting, or other professional services in this publication. If legal advice or other expert assistance is required, the services of a competent professional should be sought.
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