The Federal Deposit Insurance Corporation (FDIC) today highlighted the agency’s resources to help small businesses get the most from their banking relationships. The information is being emphasized to coincide with National Small Business Week, May 1-7.
Small businesses employ roughly half of all Americans and account for more than 60 percent of net new jobs, according to the U.S. Small Business Administration (SBA). Their ability to generate new jobs depends, in large part, on access to credit and other banking services.
FDIC provides Money Smart for Small Business (MSSB), a practical introduction to topics related to starting and managing a business, as a free educational tool. Developed jointly by the FDIC and the SBA, this instructor-led curriculum consists of 13 modules.
In addition, the following articles from the agency’s quarterly newsletter FDIC Consumer News offer strategies to help entrepreneurs and other small business owners and managers avoid fraud or scams and find solid financial options that work for them and their growing companies:
For more information on National Small Business Week, visit the Small Business Administration’s website.
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