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Louisiana Small Business Development Center at University of Louisiana Monroe

The Louisiana Small Business Development Center offers high-quality technical assistance to existing and start-up small businesses, and to small business entrepreneurs in Louisiana at no cost to the client. The Small Business Development Center Network is the largest provider of management and technical assistance for small businesses in the United States, and the LSBDC is a member of that network. The LSBDC is funded in part through a cooperative agreement with the U.S. SBA, LED, and participating institutions of higher education. The LSBDC was established in 1983 and is located strategically to service all 64 parishes in Louisiana. With seven regional centers throughout the state, the LSBDC offers an array of specialized consulting services including growth acceleration, international trade, government contracting, and emergency preparedness. The LSBDC at the University of Louisiana at Monroe currently serves 15 parishes, to include Caldwell, Catahoula, Concordia, East Carroll, Franklin, Jackson, LaSalle, Lincoln, Madison, Morehouse, Ouachita, Richland, Tensas, Union, and West Carroll Parishes.

About

The Louisiana Small Business Development Center offers high-quality technical assistance to existing and start-up small businesses, and to small business entrepreneurs in Louisiana at no cost to the client. The Small Business Development Center Network is the largest provider of management and technical assistance for small businesses in the United States, and the LSBDC is a member of that network. The LSBDC is funded in part through a cooperative agreement with the U.S. SBA, LED and participating institutions of higher education. The LSBDC was established in 1983 and is located strategically to service all 64 parishes in Louisiana. With seven regional centers throughout the state, the LSBDC offers an array of specialized consulting services including growth acceleration, international trade, government contracting, and emergency preparedness.

The LSBDC empowers businesses by providing:

On-going consulting help for the duration of the business
Cutting-edge and contemporary business solutions
Resources that can address any aspect of a business’ operations
Insight on how to access capital and other resources necessary to grow a business
Honest and forthright advice

Our Mission

To facilitate the formation and growth of small businesses through individual one-on-one consulting services, entrepreneurial workshops and training programs. We provide the business education and information resources to help develop Louisiana’s economy.

Services Provided

Economic and Site Development

  • Economic Development

Buying or Selling a Business

  • Buying or Selling a Franchise
  • Purchasing or Selling an Existing Business
  • Valuation

Business Planning

  • Business Succession Planning
  • Diversification
  • Business Plan Consulting
  • Feasibility Studies
  • Demographic and Census Data
  • Forming a Business
  • Identification and Research of Foreign Markets
  • Market Plan Development
  • Market Research
  • Ideation
  • Business Model development
  • Technology Transfer

Financial Resources and Assistance

  • Budget, Financial Statement and Cash Flow Training
  • Financial Modeling

Human Resources, Workforce and Talent

  • Leadership/Professional Development

Import and Export Assistance

  • Identification/Research of Foreign Markets
  • Networking/Exploring Exporting
  • Trade Education and Training

Libraries and Research

  • Business Research Resources
  • Demographic/Census Data

Marketing and Sales

  • Competitive Analysis
  • Demographics/Census Data
  • Feasibility Studies
  • Identification/Research of Foreign Markets
  • Market Plan Development and Training
  • Market Research

Mentoring

  • One-on-One Counseling

Networking and Associations

  • Geographically Based
  • Industry Specific
  • International Trade
  • Small Business/General

Starting a Business

  • Business Research Resources
  • Feasibility Studies
  • Home-Based Business Training
  • Registration, Licenses and Permits
  • Startup Business Counseling
  • Startup Classes

Training

  • Online Courses and Videos
  • Trade Education and Training
  • Bookkeeping/Accounting Software Training
  • Budget, Cash Flow and Financial Statements Training
  • Business Management Training
  • Business Plan Training and Assistance
  • E-Commerce/Internet Marketing
  • Home-Based Business Training
  • Human Resources Training
  • Marketing Plan Training
  • Startup Classes
  • International Trade Education and Training

Accelerators and Incubators

  • Accelerator
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Contact Information
Virendra Chhikara
Address
Stubbs hall room- 250
700 University Avenue, University of Louisiana Monroe
Monroe, LA 71209
Phone
(318) 342-1224
Website
https://www.louisianasbdc.org/lsbdc-at-university-of-louisiana-monroe
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