Lesson Plan: Acquiring a Business Using SBA 7(a) Loans - Week 1: Introduction and Preliminary Research
Week 1: Introduction and Preliminary Research Objectives: Understand the basics of SBA 7(a) loans. Identify the steps involved in acquiring a business. Activities: Research SBA 7(a) Loans: Read articles and guides on the SBA website about the 7(a) loan program. Watch educational videos on YouTube about SBA loans. Familiarize with the Business Acquisition Process: Review resources on SCORE.org about buying a business. Read case studies of successful business acquisitions. Resources: SBA.gov SCORE.org YouTube (search for SBA 7(a) loan tutorials) --------------------------------------------------------------------------------- Research SBA 7(a) Loans: To get started on acquiring a business using SBA 7(a) loans, you can follow these steps and use the available resources: Understanding SBA 7(a) Loans SBA 7(a) Loan Overview: The SBA 7(a) loan program is the SBA’s primary program for providing financial assistance to small businesses. These loans can be used for various purposes, including