The SizeUp tool is available at Source: SBA.įor more information about SBA 504 loans in Florida, contact Florida First Capital, Florida's original statewide SBA Certified Development Company (CDC). SizeUp helps level the competitive playing field by providing this data to small businesses at no cost. Small businesses typically cannot afford to do this, so they are at a competitive disadvantage. Big businesses are more able to afford hiring expert consultants or have internal staff experts to interpret massive data and help make informed decisions. SizeUp empowers small businesses to make smarter choices by providing many of the same types of business analysis large corporations use - for free. For more help, the SBA connects small businesses to its vast partner network, including Small Business Development Centers (SBDCs), Women's Business Centers (WBCs), or SCORE where small businesses can receive hands-on mentoring and training to help them understand their opportunities and growth potential. The free tool, called SizeUp, helps businesses identify new customers and compare their performance against other businesses in their industry with data. When starting or managing your small business, defining your market using data analysis is an essential part of developing your business plan. Custom demographic reports can also be created. Finding the best places to advertise by choosing from pre-set reports to discover areas with the highest industry revenue and the most underserved markets.Mapping competition to see where competitors, customers, and suppliers are located and.Benchmarking an existing business to see how it sizes up by comparing performance to all other competitors in the same industry.SizeUp enables business owners to evaluate their competitiveness and make decisions that will help them increase revenue and save money. That's why the Small Business Administration (SBA) has made available SizeUp, an online small business support service that can deliver customized business analysis to an unlimited number of businesses. SizeUp enables business owners to evaluate their competitiveness and make decisions that will help them. A key foundation of success in business is to leverage data analysis to discover insights and make smarter decisions.ĭelivering these types of services online provides the greatest opportunity to reach the most businesses. In today's challenging economic environment, where small businesses create two out of every three net new jobs in the United States, help for small businesses is more critical than ever before. SizeUp Tool Delivers Free Analysis to Small Businesses
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