Small Business Services
What is a virtual incubator?
The business incubator has evolved over the years since its inception. The traditional model required start-up companies to operate at one specific location. Today’s virtual incubator model affords clients access to a variety of advisory services and other resources without actually being located at a physical incubator site. Think of it as a “One-Stop” shop for starting and growing a business venture.
Who qualifies for the services?
The services are available to a broad range of business owners. Please feel free to contact us for more information.
Do you work with start-ups businesses?
Yes, We offer services to help start-up businesses create a solid foundation with business planning, personal money management, and access to capital.
What services are available for existing businesses?
We work with established businesses to help you gain overall management of your business with advisory services related to business planning and personal money management. We help your business in growth areas such as marketing, access to capital, and cash flow management.
How do I qualify for a loan?
The small business loans are provided by our partner, the Women’s Opportunities Resource Center (WORC). The program provides start-up loans ranging from $500 to $2,500, and expansion loans from $2,500 to $10,000. You must meet the income guidelines of 80% of median income as defined by HUD. Collateral is not a requirement but may be requested for larger loans and for most products, credit need not be perfect but must be either in repair or repairable.
How do I get started?
You can call for an appointment at 302.655.0803.
Small Business Taxes & Other Services
Can you help me file a business return?
Yes. You must make an appointment by dialing 211 from January 1 – March 31. Your contact information will be forwarded to our office, and we will contact you. Otherwise, you can call the office directly.
Do I need to file a business return?
There are many benefits that come from being your own boss. If you work for yourself, as an independent contractor, or you carry on a trade or business as a sole proprietor, you are generally considered to be self-employed. It is highly likely you will need to file an IRS Schedule C, Profit or Loss from Business, or C-EZ, Net Profit from Business, with your Form 1040. Click here for more information.
Can you help me get organized so I can get my return prepared?
Yes. You can schedule an appointment with us!
Is there access to financial products or services?
Yes. We partner with a local bank (Artisans’) for individuals who want to open a savings account; the US Treasury for Savings Bonds, and another partner for Prepaid Debit Card accounts.