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Bradley University - Small Business Development Center

The Illinois Small Business Development Center at Bradley University provides free business counseling and low-cost training programs for existing and startup businesses in Central Illinois.

About

The Illinois Small Business Development Center at Bradley University provides free business counseling and low-cost training programs for existing and startup businesses in Central Illinois.

Services Offered

Startup Businesses

  • Guidance through business startup steps, including license/permit issues, choosing legal structure, name registration, startup financing, and sales/income tax responsibilities.
  • Training on how to write a Business Plan, with an emphasis on bank expectations.
  • Critique and suggestions on Business Plan content, financial projections and marketing plans.
  • Analysis of feasibility of new business ideas.
  • Provide low cost marketing ideas.
  • Referrals to area professional services providers and lending institutions.

Existing Businesses

  • Complete analysis of past financial performance and comparison to industry benchmarks.
  • Diagnosis of cash flow problems and recommended solutions.
  • Assistance with preparation of Business Plans and financial projections.
  • Marketing ideas, eBusiness strategies, and general business advice.
  • Facilitation of company strategic/growth planning process.
  • Free consulting projects by teams of senior-level Bradley business students.

Financing

  • Information on federal, state and local loan programs for new and existing businesses.
  • Guidance through the bank financing process and contact information for local lenders.
  • Advice on structuring company debt and equity.
  • Referral to angel investment groups and venture capital firms.

Education

  • Free "How To Start A Business" workshops every month.
  • Half day and full day seminars on marketing, HR, finance, taxes, and regulatory compliance.

Services

Business Planning

  • Business Plan Consulting, Development and Review
  • Demographic/Census Data
  • Feasibility Studies
  • Forming a Business
  • Identification/Research of Foreign Markets
  • Market Plan Development
  • Market Research

Buying or Selling a Business

  • Buying or Selling a Franchise

Financial Resources and Assistance

  • Budget, Financial Statement and Cash Flow Training
  • Insurance Requirements
  • Obtaining Debt Funding
  • Obtaining Equity Funding
  • Obtaining Government Funding

Human Resources

  • Employee Development, Hiring and Policies

Management Issues

  • Human Resources
  • Insurance Requirements

Marketing/Sales

  • Feasibility Studies
  • Market Plan Development and Training
  • Market Research
  • Student Marketing Projects

Mentoring

  • Mentoring Programs

Networking Organizations

  • Small Business/General

Regulatory Compliance

  • Insurance Requirements

Selling to the Government and Large Corporations

  • HUB zone Certification

Starting a Business

  • Business Research Resources
  • Feasibility Studies
  • Forming a Business
  • Home-Based Business Training
  • Registration, Licenses and Permits
  • Startup Business Counseling
  • Startup Classes

Technical Assistance

  • Bookkeeping/Accounting Software Training

Training

  • Bookkeeping/Accounting Software Training
  • Budget, Financial Statements and Cash Flow Training
  • Business Management Training
  • Business Plan Training and Assistance
  • E-Commerce/Internet Marketing
  • Home-Based Business Training
  • International Trade Training
  • Marketing Plan Development and Training
  • Startup Classes
  • Trade Education and Training
Primary ContactKevin Evans
Addresss801 W. Main St.
Peoria NEXT Innovation Center
Peoria, IL 61606
Phone(309) 677-4989