Small Business Development Thrives in Cumberland County, PA
Cumberland Valley is a great place to start a business. It is one of the fastest-growing counties in Pennsylvania and is within a three-hour drive of Washington DC, Baltimore, New York City, Philadelphia, and Pittsburgh. It offers easy access to locations along the East Coast and Canada. View the resources below on where to get started to move your business forward.
Getting Started
Whether you are just getting started or already operating a successful business that you are looking to expand by location or market, a strong plan will keep you on track and is required for most financing programs. Cumberland Area Economic Development Corporation can help you navigate through each step in the process. Items to consider include:
- A thorough business plan and financial projections showing three years are required. The Small Business Development Center in Shippensburg offers free assistance with these items.
- Historical Financials (if you are expanding an existing business)
- Financing – We offer a variety of fixed-rate loan programs to help. (All previously listed items are required to assess eligibility for financing.)
- A commercial lender. Our staff can provide recommendations.
- An attorney to assist with filing your business name, drafting organizational documents, etc.
- A financial planner to discuss retirement plans and insurance coverage
- A succession plan to plan the future of your business
- Your local Chamber of Commerce can connect you with the business community
Helpful Articles
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As a small business owner, you probably know that business expansion can hold several different meanings. Expansion may mean opening more brick-and-mortar stores, expanding into international markets, adding online services…
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Getting financing for your business can feel daunting, and when lenders speak in technical jargon that you don’t understand, it can seem utterly overwhelming. Having a solid grasp on the…
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Nearly 90% of small business owners cite technology as a leading factor for surviving and thriving in challenging conditions — and that goes for new, existing and aspiring owners. Embracing the digital…
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