James could also explore the possibilities of financing through a government agency that advises and assists small businesses. This organization is known asMultiple Choicethe SBA.SCORE.the DEA.the Federal Business Program.the Better Business Bureau.

Which of the following organizations is an independent agency of the federal government that offers managerial and financial assistance to small businesses like JCF Health and Fitness?Multiple ChoiceSmall Business Development Centers (SBDCs)Small Business Institutes (SBIs)Active Corps of Executives (ACE)Small Business Administration (SBA)Service Corps of Retired Executives (SCORE)

Which of the following is not an organization from which Randy should consider seeking advice and resources?Multiple ChoiceThe Service Corps of Retired Executives (SCORE)Small Business Administration (SBA)The Active Corps of Executives (ACE)IncorrectSmall Business Institutes (SBIs)Better Business Bureau

Identify a true statement about the Small Business Innovation Research (SBIR) program that was created as part of the Small Business Innovation Development Act.Multiple choice question.Small businesses submit proposals directly to only one agency using a nonstandardized format.Each agency in the program evaluates business proposals from small businesses on a noncompetitive basis.It offers research and development funds to small businesses from all federal agencies with budgets in excess of $100 million.It fails to offer a uniform method by which each participating agency can solicit, evaluate, and select the research proposals for funding.

Multiple Choice QuestionFinancial assistance by the Small Business Administration (SBA) for a new startup company is a form of _____ financing.Multiple choice question.capitalprofitworking capitaldebt

Multiple Select QuestionSelect all that applyThe SBA is the government agency that advises and assists small businesses by providing which three services?Multiple select question.Management assistanceTax assistance for the ownersLegal assistance for the owner(s)Training for owner(s) and their employeesConsulting on improving operations