Frequently Asked Questions
In what areas do you offer assistance?
Specializing in direct one-to-one counseling, the NJSBDC offers assistance in the following business areas:
- Start-up Assistance
- Business Plan Development
- Accounting and Financials
- Sources of Financing
Who qualifies for SBDC services?
Any small business owner or manager or any individual considering starting a business or purchasing a business to be located in New Jersey may contact the NJSBDC at Brookdale Community College for free assistance.
How do you apply for help?
Contact us for an appointment by calling (732) 842-8685 or online by clicking here.
How much do these services cost?
There are no fees for direct confidential counseling. However, reasonable fees are charged for some training programs and events.
I want to start a business. I hear there are government grants to help me. Where can I get one?
For the most part, there are no grants available to start-up businesses. Contrary to what you might have heard, the government is not giving away free money. In some cases, such as educational, scientific or human development programs there may be funding available through private foundations to assist in the development of those programs. Most government grants are given to municipalities for local “quality of life” projects.
Do I need a Business Plan?
Yes, it serves as a foundation for your business. In addition, it is mandatory if you are seeking funding from a bank or economic development agency.
What role does the SBDC play?
The NJSBDC/MOSBDC is staffed by professionals who can help develop the written plan. Those professionals can help with the market research and compare similar businesses to yours. They can help you create and understand the financial forecasts for your business and help you prove to you and others that your business can be successful. NJSBDC/MOSBDC Advisors are familiar with local bank and SBA loan requirements and can get you “bank ready.” The NJSBDC/MOSBDC is available to you for as long as you need us and there is no charge to you.
Have A Question?
For more information, please contact our office or call (732) 842-8685.