Help is available for Illinois small business formation

Southeastern Illinois College is the home of the Workforce and Illinois Small Business Development Center. The center provides invaluable assistance to those overwhelmed by the minutia involved in small business formation. Many people fail to realize that it is not enough just to have an idea for a business -- that is only the first step.

Services like those provided by the center not only help small businesses either open their doors, find a new location or keep from closing, but also provide jobs for the people in the communities in which they operate. As the economy in Illinois continues to recover from the recession, creating and keeping jobs in communities is a priority. These are some of the many reasons centers like this one are supported by the Illinois Department of Commerce and Economic Opportunity and the U.S. Small Business Administration.

The center at Southeastern Illinois College has been in operation for nearly 20 years. During that time, it has helped small business owners secure loans in the approximate amount of $15 million, open nearly 32 businesses and expand another 22. Hundreds of jobs were created or retained because small business owners sought assistance.

No entrepreneur has to struggle through small business formation on his or her own. Many details involved in beginning a new business could cause issues later on if not dealt with from the start. A working knowledge of the laws, rules and regulations regarding starting a new business could help ensure that the business has the best chance of success.

Source: thesouthern.com, SIC center offers services to small businesses, Nick Mariano, Jan. 5, 2014

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