Frequently Asked Questions
Have a question about small business in Texas? We've got you covered! Get answers to frequently asked questions on common business topics.
What is the SBDC?
The Small Business Development Center (SBDC), helps entrepreneurs start, grow, and succeed in their business ventures through one-on-one no-cost consultations with professional business advisors.
What is a business plan and do I really need one?
A business plan is your roadmap to entrepreneurial success. A good plan defines your business and the product and service that you are providing to meet the needs of your customers. There are several different methods and ways to create a business plan. It is a necessary tool in obtaining financing and assists you in running a profitable business!
Are there costs associated with a consultation?
No! Advising services are provided at no cost. All clients, their businesses, and related information are kept strictly confidential – UHV SBDC will not provide your information to anyone without your provided consent.
What is the difference between a regular employee and an independent contractor?
An employee receives benefits and regular wages, is managed by the employer, and has taxes withheld from their paychecks. Where an independent contractor typically is paid by the project, chooses when and where to work, and handles their own taxes. Check out this link to the Texas Workforce Commission site.
Will my discussions, research, and materials with the UHV SBDC be kept confidential?
The information you provide will be held in confidence and will not be released to any parties outside of the Texas South – West SBDC network. Your information will not be provided to other organizations and information on you and the nature of your engagement with the SBDC will not be released without your consent.
Are there any fees associated with services?
Business advising is a no charge service. We offer some paid training opportunities.
Do you support existing businesses with your services?
Yes! The UHV SBDC assists both new and existing businesses and entrepreneurs. UHV SBDC also supports existing businesses with common challenges such as financing an expansion, redesigning business plans, management reorganization, and much more!
Funded in part through the State of Texas and a Cooperative Agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities or limited English proficiency will be made if requested at least two weeks in advance. Contact the UHV SBDC at email@example.com or (361) 485-4485.