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 South Bay 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.
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.
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.
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.
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.
Advanced Analytics/Search Engine Optimization: The SBDC consults clients on how to analyze and develop a comprehensive strategy to maximize SEO, AdWords, and website promotion strategies.
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.
Agreements: The SBDC develops an outline based on the client’s expectations, obligations, and other details necessary for international business agreements. The SBDC makes the client aware of different agreements and the potential risks within the legal frameworks of various countries. To further develop effective legal agreements, the SBDC suggests resources and legal references necessary to help develop effective legal agreements.
Compliance: The SBDC identifies the HTS, Schedule B, and other related identification codes necessary to research import or export compliance data. The SBDC helps clients research regulatory taxes, duties, fees, and regulations related to the client’s products or services. Additionally, clients receive assistance developing operational and documentation compliance procedures to reduce, manage, and monitor potential compliance risks.
Finance: The SBDC assists clients with accessing and identifying sources of capital for sales purchases, international pricing, reduction of payment risk and more.
Logistics: The SBDC and clients develop cost-benefit analyses for international logistics costs for each key trade lane. An action plan is created to address risks and opportunities to reduce logistics costs and increase value and efficiency in the client’s supply chain. Resource partners and vendors are recommended to support the client’s supply chain needs.