SBA adds online tools for economic recovery

Free online training and other resources announced by the U.S. Small Business Administration are aimed at helping entrepreneurs survive current economic conditions.

Course topics, available at www.sba.gov/services/training, include revising business plans to align with current conditions, winning customers in a slowing economy, restructuring existing debt and diversifying customer bases with federal contracts.

According to a news release, the most recently added course is "Downshifting in a Slowing Economy: A Business Planning Guide." This course is designed to help business owners reorganize and streamline their business strategies. Other related business tools include a new automated business plan template and an assessment and strategies guide for surviving in a slowing economy.

"In addition, SBA offers a variety of resources and referrals to small businesses uncertain about what to do in the current economy on its Web page on Economic Recovery at www.sba.gov/helpingmainstreet," said Jeff Andrade, associate administrator for entrepreneurial development, in the release.

The SBA can also help entrepreneurs tap into local expertise. Business owners can talk with SBA representatives about financing options and identify local, participating SBA lenders; learn about SBA's Loan Guaranty Program; and train with expert counseling and mentoring services. The Springfield SBA branch office, 830 E. Primrose St., Ste. 101, may be reached at (417) 890-8501.