When specific funds are available for single-owner businesses. Certain loan funds have been created by businesses and other private sources for profit businesses. Many local development agencies run by cities and associations of businesspeople are making such loans available to privately owned businesses. If such a loan can be found to start a business that provides products or services to the community and it takes people off welfare or retains local income, then single-owner enterprises should be considered. The Small Business Administration

—a government agency—provides such loans, financing single-owner businesses and providing small firms with technical assistance. LO.1