Question

Which government agency provides the most useful advice for writing a business plan?

Answer 1

Small Business Administration provides the most useful advice for writing a business plan.

What is Small Business Administration?

• The United States Small Business Administration (SBA) is a federal government agency in United States that assists entrepreneurs and small businesses.
• The Small Business Administration's mission is to "maintain and strengthen the nation's economy by facilitating the establishment and viability of small businesses and assisting in the economic recovery of communities following disasters."
• The agency's activities have been summed up as the "three Cs" of capital, contracts, and counseling.
• The Small Business Administration has the best advice for writing a business plan.
• Banks, credit unions, and other lenders who work with the SBA make SBA loans.
• The SBA guarantees a portion of the loan with government funds.

Therefore, Small Business Administration provides the most useful advice for writing a business plan.

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