Explore Subcontracting Opportunities with the Small Business Administration

A Home Business Article Contributed by G. Uma Bennett

Explore Subcontracting Opportunities with the Small Business Administration

Ready to step into subcontracting with the Small Business Administration? There are many opportunities for small businesses depending on your areas of expertise.

The Small Business Administration hosts a website where prime contractors post subcontracting opportunities, as well as notices of sources sought for teaming partners and subcontractors on future contracts. Large businesses, Federal agencies, state and local Governments, non-profit organizations, educational institutions and even foreign Governments post subcontracting opportunities for small business as well. This helps small business to use their resources to identify tangible opportunities and then bid on them.

The Small Business Administration and Enterprise Development

The fact that the art of enterprise is complex and challenging is well understood by the Small Business Administration. This agency has issued hundreds of documents from its many departments to assist business owners to manage their companies effectively. Making an enterprise profitable takes money and the information to use it in the way that will leverage its impact.

The Small Business Administration's Office of Advocacy hosts a resource website that provides instant access to current state laws, proposed legislation, statistics, timely research and statistics, events, working papers, demographics, technology and procurement.

How the Small Business Administration Handles Disaster

Helping companies recover from disaster is a large part of the Small Business Administration focus. If your business is located in a Declared Disaster Area, you will be eligible for assistance. Business insurance proceeds, or any other type of compensation must be either first used or pledged to the loan. This applies to homeowners, important for those who operate home businesses.

The amount you receive from your insurance coverage on your personal property/home will be deducted from the total damage to your property in order to determine the amount for which you are eligible to apply to the SBA.

Management Counseling from the Small Business Administration

The Small Business Administration understands the value of experience when it comes to managing a business and has several resource partners, located strategically around the country. The Service Corps of Retired Executives, has over 10,500 SCORE volunteers in 389 chapter locations plus an online counseling initiative. Small Business Development Centers, the SBA's largest resource partner, draws expertise from the private sector, educators and government agencies.

The national Women's Business Centers is a network of more than 80 educational centers that focus on the challenge women face in the business world.

Going with the Legal Current at the Small Business Administration

Keeping up with business laws and regulations can be difficult for small businesses, so the Small Business Administration has created online resource designed to provide legal and regulatory information. The fact is that one of the main reasons small businesses fail is because they don't seek legal help at critical development stages. The SBA serves as a gateway to federal, state and local information, quickly check zoning codes for their local area, or file a complaint with the Office of the National Ombudsman.