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Los
Angeles Business Assistance Program (LABAP)
LABAP
offers free training and technical assistance to business owners
seeking to improve their operations and profitability. It also offers
training to people wanting to learn how to open and operate their
own small business.
MICROENTERPRISE
& ENTREPRENEURIAL PROGRAM
Training
for entrepreneurs and small business owners includes screening
and assessing participants in order to determine business aptitude
and level of interest, in addition to the following course work:
-
Financial
planning, inventory and cash flow analysis
-
Formulation
of a business plan
-
Establishing
a business
-
Obtaining
a business license
-
Incorporating
the business
-
Developing
a marketing strategy, including internet sales and international
marketing
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TARGETED
RETAIL PROGRAM
This
program focuses on small business merchants who create a business
in downtown Los Angeles and Panorama City's emerging commercial
areas. The downtown program targets new and existing retail businesses
along the Broadway, Spring, and Los Angeles Street corridors,
as well as redevelopment areas. In Panorama City, the targeted
retail area is Van Nuys Boulevard from Roscoe to Sherman Way.
The
Targeted Retail Program also serves retail business owners by
providing technical assistance in:
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Market
analysis
-
Space and tenant improvement
-
Financial planning and analysis
-
Developing or refining business plans
Technical
assistance is customized for each business' particular needs,
but businesses must apply for this assistance. An additional financial
planning and analysis component is limited to businesses participating
in retail loan programs offered in conjunction with commercial
lenders. Federal funding, along with leveraged private capital,
may be used to assist retail businesses to locate to downtown's
targeted commercial areas. A consultant will assist the business
during loan underwriting and negotiation.
Download this comprehensive list of LABAP provider agencies
updated February 2008
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