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Money Smart for Small Business
… Thinking of starting or already managing a business? The Financial Literacy and Education Commission was established … Credit Transactions (FACT) Act of 2003 to improve the financial literacy and education of persons in the United … U.S. Small Business Administration (SBA) wishes to bring financial literacy not only to America as a whole, but … -
Break-even point
… you complete the break-even analysis you have all of your financial commitments figured out, limiting surprises in the … will help you start your business based on facts. Limit financial strain Mitigates risk by showing when to avoid a … potential businesses avoid failure as well as limit the financial toll of a bad idea through realistic analysis of … -
SBA Spanish glossary
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Audit Report ROM 10-09: Lack of Approval for a Recovery Act Surety Bid Bond Guarantee
… findings discovered during the Audit of SBA’s FY 2009 financial statements. Report ROM 10-09 On December 15, 2009, … letter in Audit Report ROM 10-09, Audit of SBA’s FY 2009 Financial Statements - Management Letter. The management … findings discovered during the Audit of SBA’s FY 2009 financial statements. During test work on the American … -
Privacy Act request guide
… determination in whole or part will include a brief statement of the reason(s), include any Privacy Act … a correction or amendment request within 10 working days. Statement of disagreement If a requester is still in … of the specified record(s), they may submit a written statement of disagreement to the office that maintains the … -
About the Office of Inspector General
… Improving SBA program management Audits OIG conducts financial and performance audits of internal agency functions … carrying out their SBA-related programs and operations. Financial audits examine the presentation of financial information, internal controls, and adherence to … -
SBA Announces Selection of Jihoon Kim to Lead the Office of Financial Program Operations
… SBA Announces Selection of Jihoon Kim to Lead the Office of Financial Program Operations WASHINGTON – Administrator Linda … of Jihoon Kim as the director for the SBA’s Office of Financial Program Operations (OFPO). In this role, Kim is … “I’m pleased to announce Jihoon as the new director of Financial Program Operations and we look forward to his … -
Statement by Administrator Guzman Applauding President Biden’s Appointees to Lead Two SBA Regions
… Statement by Administrator Guzman Applauding President … sectors and industries to create more equitable paths to financial security for small business owners and the … strategic education programs, policy, research, and financial development efforts in the Midwest and oversaw … -
SBA’s 2022 New Hampshire Financial Services Champion Denise Roy-Palmer of Wentworth Economic Development Corporation (WEDCO)
… SBA’s 2022 New Hampshire Financial Services Champion Denise Roy-Palmer of Wentworth … Corporation (WEDCO) Meet SBA’s 2022 New Hampshire Financial Services Champion Denise Roy-Palmer, Executive … them navigate programs and find creative and innovative financial solutions during the pandemic. Over the years, she … -
Stay legally compliant
… requirements to look out for: Annual report or biennial statement. Most states require one or the other. Some states … and other states pick a specific day for all businesses. Statement filing fees. Fees normally accompany the annual report or biennial statement, which can exceed $300.00. Franchise tax. Some … -
Report 12-06 Recovery Act 504 Loan Pool Transaction Entry Process
… a matter identified during KPMG's audit of SBA's FY 2011 financial statements. Report 12-06 The attached Management … a matter identified during KPMG's audit of SBA's FY 2011 financial statements that relates to SBA's compliance with … a matter identified during KPMG's audit of SBA's FY 2011 financial statements. … Report 12-06 Recovery Act 504 Loan … -
ROM 10-06 - Inadequate Documentation to Support a Loan Approved Under Section 504 of the Recovery Act
… came to their attention during the audit of SBA's FY 2009 financial statements. Report ROM 10-06 Attached is the … came to their attention during the audit of SBA's FY 2009 financial statements. The objective was to determine the … came to their attention during the audit of SBA's FY 2009 financial statements. … ROM 10-06 - Inadequate Documentation … -
Office of Native American Affairs
… Office of Native American Affairs Content Mission statement The Office of Native American Affairs mission is to … such as marketing, strategic and operational planning, financial analysis, opportunity development and capture, … -
Office of Field Operations
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Office of Women's Business Ownership
… advocacy, outreach, education and support. Content Mission statement The Office of Women’s Business Ownership’s mission … the Internet, as well as offering access to all of SBA’s financial and procurement assistance programs. Training and … -
Office of Small Business Development Centers
… through its national network of centers. Content Mission statement The Mission of the Office of Small Business … but are not limited to: Assisting small businesses with financial, marketing, production, organization, engineering … -
Office of Government Contracting & Business Development
… to develop policies and regulations. Content Mission statement The Office of Government and General Contracting's … -
Manage your finances
… clarity. GAAP There are many strategies for preparing financial statements for a small business. Generally accepted … as GAAP or “Gap,” provides a common a way to standardize financial reporting using the accrual method. Private companies aren’t required to follow GAAP. The Financial Accounting Standards Board (FASB) maintains GAAP in … -
Jim Wilson of Bangor Savings Bank is SBA’s 2023 NH Financial Services Champion
… Jim Wilson of Bangor Savings Bank is SBA’s 2023 NH Financial Services Champion Commercial lending goes beyond … serve. That is what makes this year’s SBA New Hampshire Financial Services Champion, Jim Wilson of Bangor Savings … so that he can offer them the best path forward for financial success. He brings a positive, can-do attitude to …