North Carolina Small Business Help: A Comprehensive Guide

Whether you’re opening a business or want to grow an existing one in North Carolina, you can find many resources available to give you the support you need to succeed. From new business counseling and funding resources to hiring support and mentorship programs, North Carolina offers a great deal of assistance to small businesses.
Let’s review the primary support services available to help North Carolina small businesses.

6 Types of Support Services Available for Small Businesses in North Carolina

North Carolina has many small business resources you can access to receive assistance with launching, funding, developing, and managing your business. Review the following top support services for small businesses in North Carolina:

1. Support for Opening Your Business

When you want to start a business in North Carolina, you’ll want to contact Small Business Advisors from the North Carolina Department of Commerce. These advisors offer one-on-one phone consultations for people interested in starting a business, counseling them through each step of the process.
You’ll also want to review the advice and resources the Economic Development Partnership of North Carolina offers new businesses. With their team, you can learn how to create a small business plan, decide on a business structure, meet license requirements, and gather tax information. They can also help you identify sources of funding and understand your responsibilities as an employer. Your local chamber of commerce may also offer startup assistance and education programs.

 

2. Funding Resources

Whether you’re launching a business or trying to grow, you’ll likely need outside funding to reach your full potential. The primary funding resources available to North Carolina business owners include:

• Small Business Center Network (SBCN) Funding Advice: Before you look for funding for your business, you can review funding advice from the SBCN. They have multiple resources for business owners who want to be fully informed while they search for funding.
• SBTDC’s Funding Resources: SBTDC has a full guide for capital opportunities that provides information about financial resources available to small businesses. They also have private equity initiatives that help companies receive counseling assistance when they’re seeking funding from venture capitalists and/or angel investors.
• Technology Funding: If you operate a business that performs research and development, you may be qualified for technology-related Federal funding. For example, the Small Business Technology Transfer and Small Business Innovation Research programs offer grants to businesses.

3. Hiring Support

Need help hiring top-tier talent for your organization? The following resources can help you find new hires and receive hiring-related grants or tax credits:

• NCWorks.gov: If you’re looking to hire new employees, NCWorks.gov is a free job search site designed for business owners and those looking for employment in NC. The site gives businesses the tools they need to access labor market data, search for ideal candidates, post job listings, review resumes, and track applicants.
• Grants and Tax Credits for Hiring or Training Employees: North Carolina offers several workforce grants for businesses that want to upskill their employees to better meet their industry’s needs. The Federal government also offers the Work Opportunity Tax Credit (WOTC), which provides a tax credit to businesses that hire people from eligible groups who face barriers to employment but are qualified for the position. Alongside the WOTC, employees can receive tax benefits when they hire and accommodate people with disabilities.
• Local Chamber of Commerce Resources: Your city’s chamber of commerce should have resources for businesses looking to hire new talent. For example, the Greensboro Chamber of Commerce has a talent and workforce guide for finding and retaining employees.

4. Business Development and Marketing Assistance

After you’ve launched your business, business development resources and marketing advice can help it grow. North Carolina business owners can access the following marketing and business development programs:

• Training Programs From SBTDC: SBTDC provides several online training programs for businesses that employers can access.
• Thomas Entrepreneurship Hub Events: The Thomas Entrepreneurship Hub hosts a variety of events designed to help North Carolina businesses grow their business. These events and webinars cover topics like financing, time management, using social media to market a business, and bookkeeping basics.
• Market Research Support: SBTDC and SBCN both offer market research services for small businesses. SBTDC’s marketing analysts can help you better understand and analyze data while creating a marketing plan. SBCN’s marketing research program focuses on ensuring small business owners understand their market.
• Local Chamber of Commerce Business Development Programs: If you’re looking for local business development assistance, your chamber of commerce should have programs available to you. The Greensboro Chamber of Commerce offers a variety of business development programs, such as Launch Greensboro, which aims to accelerate growth for small business owners and entrepreneurs.

5. Networking Opportunities

Knowing other business owners and entrepreneurs in your area can be huge for your business’s overall success. Your local chamber of commerce should offer networking events and opportunities for you to meet other entrepreneurs in the area. Whether you want to talk shop or develop connections with others in your industry, you won’t want to pass up networking opportunities in your area.

6. Mentorship Programs

Some mentorship programs are available for small businesses in North Carolina. Partially funded by the U.S. Small Business Administration, SCORE mentoring is a free service offered to U.S.-based businesses or entrepreneurs with a business idea. Once you fill out a mentoring request form and provide your zip code, you’ll be matched with a local SCORE mentor right for your business.
If you’re looking for a mentor who knows your area and target demographics, you’ll also want to check if your local chamber of commerce offers mentorship programs. The Greensboro Chamber of Commerce, for instance, has mentorship opportunities for college students and local entrepreneurs.

Greensboro Chamber of Commerce: Supporting Small Businesses in NC

If you’re looking for small business support services in Greensboro, North Carolina, the Greensboro Chamber of Commerce has you covered. With networking and mentorship opportunities, resource information, educational programs for entrepreneurs, community events, and talent development advice, we’re confident we can help your business reach its full potential.
Learn more about how the Greensboro Chamber of Commerce can serve your small business today.