Answers to Frequently Asked Questions

I want to start my own business, where do I start?
You may start by attending some small business seminars offered through the SBDC, visit our offices and take advantage of our resource center, or call First Stop Illinois at (800) 252-2923. You may also email your preliminary questions to us at sbdc@jjc.edu.

What does the SBDC charge for its services?
Almost all of our services are free, including consultations, referrals and use of our resource room. We also conduct seminars that are available for a nominal fee and provide many free co-sponsored workshops with community organizations including libraries, chambers and banks.

I'm investigating financing options and would like to explore all possibilities including the SBA or state programs.
Can the SBDC help?
After maximizing personal equity, partners, investors, family and friends; those with good credit can investigate debt financing through conventional methods. Most government "loans" through SBA and state programs are guarantees to banks rather than direct loans to businesses. These programs are quite effective and do not deserve the "horror stories" many people have heard about them. However, these loans are not for everyone. The lending programs generally work through banks, require collateral, equity (owner) investment, a business plan and other supporting documents. Preparation is key to successful borrowing. Call the SBDC offices to discuss your needs, and we'll advise you on the processes.

Does the SBDC write business plans for people?
No, we do not write them, but we will review them, critique them and help you "fine tune" them. We can also direct you to workbooks, text books, computer programs and consultants that can help you through the process.

Developed in cooperation with the U.S. Small Business Administration, the Illinois Department of Commerce and Economic Opportunity, and Joliet Junior College as a service to Illinois businesses under cooperative agreement #SB-2M-00097-15.

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