Benefits for Clients

The Pacific Islands Small Business Development Center Network is your resource for expert business advice and guidance in all areas of business management, including pre-venture feasibility, business plan development, marketing, record keeping, financial and human resource management, operations management, and access to capital, as well as specialized areas such as international trade and technical services. SBDC Counselors offer one-on-one confidential counseling at no charge to make sure you have the information you need to make the decisions that are right for you and your company. Small Business trainings are also offered at low to no cost. Conveniently located in 6 locations throughout Micronesia (Guam, Palau, Yap, Chuuk, Kosrae and CNMI), the SBDC offers a host of services designed to help start, sustain and/or grow your business, achieve higher profits and improve operations.

 

 

Starting a Business

SBA defines a small business concern as one that is independently owned and operated, is organized for profit, and is not dominant in its field. A start up business is defined as a new business. It is not necessarily a new type of business, rather just a business that is new to the general public. The SBDC can help you start a business by providing free, confidential, one-to-one counseling in all areas of business management, including pre-venture feasibility, business plan development, marketing, record keeping, financial and human resource management, operations management, and access to capital (loans & investors). The SBDC also offers a range of introductory business workshops that will help to start your business.

 

 

Expanding Your Business

Expanding a business is defined as the growth of a business' product and service offerings. The SBDC can help you expand your business by providing free, confidential, one-to-one counseling in all areas of business management, business plan development, marketing, record keeping, financial and human resource management, operations management, and access to capital (loans & investors), as well as specialized areas such as international trade and technical services. The SBDC also offers a range of business workshops taught by our trained SBDC staff and/or industry professionals that will help to start your business.

 

 

Managing Your Business

Managing a business is defined as the organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included as a factor of production along with machines, materials, and money. The SBDC can help you manage your business by providing free, confidential, one-to-one counseling in all areas of business management, business plan development, marketing, record keeping, financial and human resource management, operations management, and access to capital (loans & investors), as well as specialized areas such as international trade and technical services. The SBDC also offers a range of business workshops taught by our trained SBDC staff and/or industry professionals that will help to start your business.

 

 

Small Business Training

The SBDC offers an ongoing program of workshops, conferences, and seminars all designed to meet the needs of local small businesses. Courses range from introductory workshops for those just starting out in business to advanced programs aimed at enhancing the growth potential of established businesses. Training courses are presented at low to no cost and are offered at either the SBDC training center or other convenient, central locations based on demand.