Small business owners and start-ups in South Florida now have a new business tool to help them compete and grow. This free tool helps businesses identify new customers and compare their performance against other businesses in their industry. Collection of data is from hundreds of private and public sources. The SBA New SizeUp Tool can be found at www.sba.gov/sizeup.
If you are a small business owner, you need to know how your business stacks up with the competition. This is for you to know your edge in order to succeed. SizeUp will help you manage and grow your business. This is done by benchmarking it against competitors, mapping your customers, competitors, and suppliers, and locating the best places to advertise.
“This exciting and useful new tool is the latest of SBA’s many efforts to ensure the nation’s small businesses rebound from the recession and thrive in our new economy,” said Francisco “Pancho” A. Marrero, SBA South Florida District Director. “I encourage entrepreneurs to use SizeUp to become more competitive, grow, and strengthen our economy.”
Note: The SBA rules consider us as a Lender Service Provider. This is a much more extensive role than a “Packager”, whose job is to take an already structured and approved a loan and prepare the paperwork for submission to the government. While packagers perform a valuable function in the process, they do not provide the comprehensive range of services that we do.