The Pace University Small Business Development Center (SBDC) is part of a statewide network of 22 regional centers located throughout New York State.

 

Financing for your business

Do you need help securing the capital to launch or grow your small business? The Pace SBDC has worked with a wide range of lending institutions, crowdfunding platforms and other sources of capital to secure the funds needed to purchase equipment or property, or for working capital to operate your business. A Pace SBDC business advisor can identify the most likely funding options, including the SBA’s 7(a) and 504 loan programs, and begin “packaging” your financial request.

Developing financial projections

Forecasting realistic financial projections is crucial to both effectively plan for your business’ growth as well as to potentially secure financing from prospective lenders and/or sources of equity. A Pace SBDC business advisor can help you understand and develop financial statements, and analyze how to improve its cash flow and profitability.

 

Marketing & Sales

In a competitive market place it is crucial to communicate the benefits of your products/services and develop your strategy to continually grow the sales of your business. A Pace SBDC advisor can work with you to develop effective marketing and sales strategies, including an expanded social media presence as well as creating/improving a website using Wix. Click here for sample lead generation strategies, and here for select social media presence recommendations.

Business planning

The Pace SBDC has a breadth of experience helping its clients write a business plan, the “roadmap” for a business venture. A formal business plan is recommended whether or not you are seeking funding, as it helps the entrepreneur focus on their goals and ensures that they concentrate on business priorities. Click here for a good format from the SBA to follow, or http://entreskills.org/ to learn more about EntreSkills, an online resource that walks entrepreneurs through how to develop a business plan.

Selling to the Government

City, State and Federal agencies purchase billions in goods and services each year. If your small business does construction work or a wide range of other services, a Pace SBDC business advisor can help you identify and submit for relevant contract opportunities. Click here to learn more.

Support for Minority and Women-owned Businesses (MWBEs)

Pace SBDC advisors work closely with relevant Government agencies to help our MWBE clients with certification and to access financing and contract opportunities. Click here to learn more.

Market research

Researching your target market will help you determine if your product or service has potential. As a member of the NYS Small Business Development Center network, the Pace SBDC can offer its clients free access to demographic, economic and other key market research available through our Research Network. Click here to learn more.

 
Operations

A Pace SBDC advisor can provide invaluable guidance on how to manage your business, from handling licenses and regulations, dealing with suppliers, hiring & managing staff, and explaining basic accounting concepts.

Business start-up assistance

Starting a business can be more complex and take longer than you expect. So before making financial or life changing commitments (like signing a lease or quitting your day job), meet with a Pace SBDC business advisor to help you bring your idea from concept to reality.

 
Legal Forms of Business Structure

Will your business be a sole proprietorship, corporation, limited liability partnership or not for profit? The Pace SBDC can help explain the respective obligations and responsibilities and guide entrepreneurs through the process of forming their legal structure.

International Trade & Export Assistance

A Pace SBDC advisor can help Identify avenues for exporting goods and services and entering international markets. Click here to learn more.

IN PARTNERSHIP WITH:
VISIT US

Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   

CONTACT

Office:  (212) 618-6655

Email:  sbdc@pace.edu

SUBWAY

A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge

CAREERS

Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

© 2019 Pace Small Business Development Center. All rights reserved.