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Start

Ready to start your own business? There are many decisions and paths to take to start a business. There is no “one size fits all”. Every business idea is unique and may require a different approach. Read More

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Grow

Do you currently own a business? Whether your business has been open for decades or just a few months, our consultants provide one-on-one assistance in a number of areas to help your business reach its potential. Read More

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Train

Want to learn more about starting or operating your business successfully? SBDC offers both in-person and online training. Attend training sessions that will prepare you to tackle your real world tasks head-on!

About Us

The Abilene center has enjoyed a long history of assisting business owners in starting and expanding businesses. The SBDC center is located in Abilene; however, the service area extends to the 17 counties surrounding Abilene.

The SBDC center provides all consulting services at no cost to the client with a rare minimum fee for certain seminars if workbooks are required. These services are for you the current business owner and the aspiring entrepreneur. We value our client’s comments to help us deliver the quality service you would expect. The SBDC is allowed to provide the no fee consulting, training and research services due to the financial assistance from the U.S. Small Business Administration, Development Corporation of Abilene (DCOA) and the Comptroller’s office via Texas Tech University. These organizations value our services and invest in us with trust and expectations that we will provide you with the assistance you require in starting and running successful businesses. Our goal is to assist in the continuation of the building of great communities.

The center offers research for pertinent information that will assist the established business owner in making informed decisions for the company’s future. The center also offers training courses through seminars provided by an experienced counselor or offerings from individuals with expertise in their respective fields.

Economic Impact Since 2010

Capital Formation-5,000,000-6,000,000

Jobs Created -200-250 per year

Community Profile: ABILENE MSA

Starting Your Business

Why are we FREE?

We are part of Texas Tech University and are affiliated with the Northwest Texas SBDC Region. We receive our financial support from TTU, the United States Small Business Administration, the State of Texas, and other sources.

Consulting services are always offered free of charge and our consultants are prepared to provide small business help for many aspects of your business from advertising to exporting to financing.

Seminars and specialized services are offered at low-cost to attendees and clients and are a great resource for networking with other business owners while brushing up on skills like marketing, copywriting, and human resources.

Upcoming Events

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November 14, 2017

Meet the Banker Panel

6pm – 8pm

November 28, 2017

Demopgraphics for Your Business

6pm – 8pm

December 05, 2017

How to Tell If Your Business is Profitable

6pm – 8pm

December 12, 2017

How to Determine Good Customer Service

6pm – 8pm

Workshop(s) will be held at the Texas Tech SBDC Abilene, Training Room. 749 Gateway Street, Ste. #301 Building C Abilene, Texas 79602.

Seating is Limited. Please call and reserve your spot today. 325.670.0300

Success Stories

SBDC Business Articles

SBDC Resource Tools to Improve Your Business

SBNA

What is SBNA?
That America’s SBDC is part of the Small Business Network of America’s (SBNA). SBNA is comprised of small business service providers helping more than two million entrepreneurs create jobs locally by connecting globally. America’s SBDC has partnered with the International Business Innovation Association (InBIA), the Regional Center for the Promotion of Small Business in Central America (CENPROMYPE) and the University of Texas San Antonio (UTSA) to help small business service providers across the globe get the education and assistance they need to launch and grow their business through the  SBNA Small Grants Program.

http://americassbdc.org/sbna/

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How to Transition Your Consulting Practice to a Subscription Business Model

https://transition-to-caas.eventbrite.com

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A tax increment reinvestment zone (TIRZ) is a political subdivision of a municipality or county in the State of Texas created to implement tax increment financing. They may be initiated by the city or county or by petition of owners whose total holdings in the zone consist of a majority of the appraised property value. (Some states refer to these zones as TIF, or Tax Increment Financing.)

For more information please click the link

http://www.abilenetx.com/city-hall/departments/general-government/city-secretary/boards#TIRZ

Tee Rowe: Women Entrepreneurs More Risk Averse than Men, but More Focused on Planning

Published on Jul 13, 2017

I also spoke with Tee Rowe, CEO of America’s SBDC. Tee discusses how millennial entrepreneurs are different than their predecessors, and how those differences drive changes in the way organizations like America’s SBDC assist in helping

Published on Dec 12, 2016

To promote safer workplaces, a new rule will make data that is already collected regarding on-the-job injuries publicly available. Learn more at www.osha.gov/recordkeeping.

The Texas Department of Transportation (TxDOT) posting a solicitation seeking entities with the capabilities of administering TxDOT’s Business Development Program (BDP).

Overview of BDP

The purpose of the BDP is to further the development of Disadvantaged Business Enterprises (DBE), including but not limited to assisting them to move into non-traditional areas of work and compete in the marketplace outside the DBE program.

 

The BDP will evaluate and provide a structured process for DBEs to receive firm specific training and technical assistance to increase opportunities for successful participation as primes or subcontractors on highway related contracts.

 

The BDP is a two stage program:

  1. Development stage – Designed to assist the DBE to overcome social and economic disadvantage by providing such assistance as may be necessary and appropriate to enable the DBE to access TxDOT contracts and strengthen their financial and managerial skills. DBEs will be provided various trainings and resources through this stage based on their business needs.

 

  1. Transitional stage – Follows the development stage, and is designed to assist the DBE to overcome, insofar as practical, their social and economic disadvantage and to prepare the DBE for leaving the program. DBEs will be provided coaching to assist them to compete in the marketplace in becoming either a prime or subcontractor on TxDOT related highway projects.

The solicitation will be posted on the Texas Comptroller of Public Accounts’ Electronic State Business Daily (ESBD): http://esbd.cpa.state.tx.us/.

Secretary of State Kerry Speaks on the Power of Entrepreneurship and America’s SBDC’s at the 2016 Global Entrepreneurship Summit 

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FastCompany.com has an interview with Secretary of State Kerry about the power of entrepreneurship to spread prosperity and stability around the world, and the role of SBDCs in this effort.
Fast Company:  What are some of the things that you and the State Department have done to promote entrepreneurship overseas, that people in the U.S. tech and innovation communities would be surprised to learn about?

U.S. Secretary of State John Kerry:  “One of our standout entrepreneurship initiatives is the Small Business Network of the Americas (SBNA), which President Obama launched in 2012 to strengthen the small business support infrastructure in Latin America and the Caribbean by sharing with these countries the U.S. Small Business Development Center model and methodology to encourage replication of this model abroad, and connecting thousands of these centers throughout the Western Hemisphere. In 2015, there were 118 centers operating in Latin America and the Caribbean based on the U.S. SBDC model. In collaboration with over a dozen other countries in the Western Hemisphere, by 2018 we expect these centers across the region to be serving 100,000 businesses every year.”

To read more:

www.fastcompany.com

Partners

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FAQs

Where do I get a tax number?

There is more than one kind of tax number so the first thing is to identify what you need one for. You will need a Federal EIN (employer I.D. number) if you will have employees, a business partner other than your spouse, and possibly also to open a business bank account. You can obtain an EIN number at irs.gov. You will need a Texas Sales & Use Tax Permit if you are required to collect sales tax on your products and/or services. That application is completed through the Texas Comptroller’s website at window.state.tx.us/taxpermit.

Am I required to collect sales tax?

In Texas, most products are taxable and some services are taxable. A search of the State Tax Automated Research (STAR) database will help you determine the answer for your business. If you’re unable to locate the answer to your specific question, the Comptroller can be emailed at tax.help@cpa.state.tx.us.

What legal structure am I required to use?

You’re free to choose from any legal structure you like. The most popular in Texas are sole proprietorships, general partnerships, and limited liability companies (LLCs).

Research

Whether you’re trying to grow your existing business or start a new business, there are many sources of information available to help you make the best decisions possible. The time and expense required to use these databases is cost-prohibitive to all but the largest of firms. So what’s a small business to do? The SBDC has access to some of the most sophisticated research databases available and best of all, the research is provided to SBDC clients FREE OF CHARGE!