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Starting a Business in New Orleans? Start Here Small business development centers offer professional help for free. You have thoroughly researched the concept, found a perfect business location and even started shopping for office furniture.
Business consultant Carmen Sunda has three words of advice: Helping people reach that point is her bread and butter. Sunda is the director of the Louisiana Small Business Development Center in New Orleans, which is part of a nationwide network of small business assistance centers that help entrepreneurs start new businesses or grow existing ones.
Every day, she and a team of a dozen or so experienced advisers work with startups and existing businesses in seven area parishes to guide their progress and help them stay on track toward realistic business goals. The center, which is in its 30th year of providing assistance to small businesses, recently got a big pat on the back for its efforts.
Sunda, who went to Washington, D. Finding access to capital is a high priority, and the consultants can help identify sources ranging from banks to nonprofit lenders and state financing programs. John the Baptist parishes.
The center also periodically offers classroom training, in partnership with other providers, to accommodate groups of entrepreneurs. Initial services typically involve guiding entrepreneurs through planning, organizing and registering a new business.
Counseling often continues with advice on marketing and managing the business and planning for future growth.
While startups might seem the most likely candidates for help from the small business assistance center, Sunda says 70 percent of clients are existing companies looking to expand.
The consultants try to help such clients understand all the challenges and implications of an expansion before they take on debt. Say a small business owner wants to add a second location and at the same time hopes to buy equipment that will help increase sales at the current location.
The Louisiana Small Business Development Center has taken on a higher profile in recent years, owing to the way it stepped in to help in the wake of devastating hurricanes. The Small Business Administration has tapped the center to help train other center staff around the country.
These partnerships enable them to reach entrepreneurs through an extensive education and training network that touches businesses and industries throughout the region.
The consulting team also has developed strong ties with area chambers, economic development organizations, banks and other lenders. The center estimates that 6, area jobs have been created or retained through its assistance.
It provides all of its services free of charge. To access services, an individual can call for an appointment. Online registration for counseling, technical assistance and training resources is also available at lsbdc.
Center Director Carmen Sunda says the first phone call by a prospective client usually involves a brief assessment during which a consultant will ask questions to determine what type of assistance is appropriate. Depending on the results, the consultant may schedule a one-on-one meeting, or suggest attending a workshop about starting a business, writing a business plan or financing, among other topics.
Whatever the starting point, each client eventually is paired with an individual consultant who will help the entrepreneur with next steps, from the business plan and financing options to permitting procedures, tax requirements, business location and legal matters.Our team in New Orleans delivers high quality, professional business plans that can be presented to immigration authorities or financing institutions.
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Work through the sections in any order that you want, except for the Executive Summary, which should be . Business consultant Carmen Sunda new three words of advice: Helping people reach that point is her bread and new.
Sunda is the director of the Louisiana Small Business Development Center orleans New Orleans, which is part of a nationwide network of small business assistance centers that help entrepreneurs start new businesses or grow business ones.
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