Key Products Research Assignment: Services of SBOA

Services of SBOA
Name
Institutional Affiliation
Services of SBOA
Small Business Owners of America (SBOA) assists future businesses with right procedural activities to ensure their businesses receive the needed start of their operations. Their support to businesses comes in several categories and subcategories. Three broad categories in their service listing are business development, financing, and membership program. These are subdivided into other different functions as listed here.
In business development, SBOA includes business startup, operation, plans, memoranda and development among other duties. Business startup incorporates both the small and premier businesses. SBOA provides certificates of incorporation, tax numbers, and Dun and Bradstreet registrations to small businesses (Small Business Owners of America, 2017). Premier companies receive almost similar services but with additions of online and cloud systems of management, progress reports, access to experts, plan development and monthly services like waiver on late pays, credit information access among others. With these documentations, an operating agreement follows. The operating agreement protects a small business from the liabilities by highlighting the roles of the firm and conditions of operations to ensure proper management of finances ad funds. The next crucial duty of the firm is to outline the plan of activities and provide credible information about activities. To any newcomers or experts in business, these services assist them in realizing their development and continuous work.
Most business plans and ideas can be good and promising, but without finances, they will never pick up. It becomes discouraging if other people come through them and jump at the opportunities if they have enough finances. SBOA came in to ensure this does not happen. They offer the best advice to starters to find the right sources of finances and management (Small Business Owners of America, 2017). In addition, personal businesses receive financing on credit to jumpstart their operations. In their services, they ensure the two categories: low credit score and high credit scores, receive the necessary credit and advice to enable them to manage businesses under their conditions. Other than starting businesses, the credit offer gives the benefit of trust to these firms to get even greater amounts of credit in future.
Improved packages to businesses come when they are members of SBOA. First, with the membership plan, it is easy to access more document that one needs for their businesses. These documents are also available at the attorney general's offices, but they last a limited time. It is that limitation in time and accelerated expiry that SBOA brought the membership plan to give these same documents for a longer time and a cheaper pay (Small Business Owners of America, 2017). Three broad categories exist for these papers; business management forms like balance sheets, capital–raising forms like term s...