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Information and Assistance for Small Business Owners

From time to time we receive information from various government agencies or non-profit groups that might be of use to Small Business Owners.
They will be posted here and updated periodically.

Please scroll down to see all the articles.
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From the BACP

Restaurant Start-Up Workshops Will Feature Industry Experts Monthly at City Hall

The City of Chicago is doing more than encouraging people to dine at their favorite restaurants during "Chicago Restaurant Week." To help budding restaurateurs and established business owners, the Small Business Center (SBC) is hosting a series called "A Comprehensive Guide to Starting a Restaurant" at City Hall, 121 N. LaSalle St., Room 805.

"The City is dedicated to helping small businesses succeed," said BACP Commissioner Maria Guerra Lapacek. "That's why we've partnered with Attorney Lema Khorshid and an array of industry experts to provide advice to anyone operating or looking to open a restaurant in Chicago."

The series is the made up of seven free workshops held once a month and covering a variety of topics. A complete list of workshops can be found at "www.cityofchicago.org/SBC.

The workshop series is free and open to the public. To register for the workshop, call 312.744.2086 or send an email to bacpoutreach@cityofchicago.org.
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From the SBA

SBA Loans Explained – A Small Business 101
If you have struggled to get financing in the past or are thinking of venturing into small business loan territory for the first time, you may be wondering what SBA's loan programs are all about. Here's what you should know!

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From the SBA

How to Guesstimate Your Starting Costs

How much will it take to start that new business you're thinking of? Use these simple steps to develop a good estimate. You don't get to know for sure, but if you have the discipline to break things into meaningful pieces, and then research each of the pieces, you'll have a good idea.

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From the SBA

How Do I Find an EIN?

One of the key requirements for most new businesses (or businesses that are restructuring) is obtaining an Employer Identification Number, or EIN, from the IRS. Here's what you need to know about EINs and how to go about getting one for your business.

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From the SBA

5 Things to Know About Guaranteeing Your Company’s Debt

When your company needs financing, it may be difficult or impossible to obtain it unless you give your personal guarantee. This means if the company fails to pay its debt, you’re on the hook. Make sure you fully understand what you’re getting into before you sign on the dotted line.

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From the SBA

6 Golden Rules for Building Your Business with Social Media
Is your small business on social media? Is it working for you? Tried it but not convinced? Social media is the top online activity in the U.S., according to Marketing TechBlog it also has a huge influence on consumer buying decisions.

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From the SBA

Avoid Job Interview Pitfalls

While job interviews are useful to assess a candidate's qualifications, asking questions that are related to the candidate's protected status such as race, age, marital status or parental status may violate the Chicago Human Rights Ordinance. To prevent problems, only ask interview questions directly related to the position. More information can be found here.

Click the link below for more information from the Commission on Human Relations www.cityofchicago.org/humanrelations.
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From the SBA

What Kind of Business Insurance Do You Need?
Business insurance is one of those gray areas. Do you need it or don’t you, and, if so, what kind? For certain businesses, it’s an absolute necessity. But what if you run a freelance business or engage in low-risk work? Is business insurance a requirement? Here's what you should know.

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