SBANC’s counseling and consulting services are provided to Arkansas small businesses, as well as businesses nationally and around the world via electronic mail, telephone, personal visits by faculty, and in person by SBANC staff members and student consulting teams. Consulting is provided in areas such as computerization, market analysis, financial management, loan information, accounting and bookkeeping, economic and community development, and other areas deemed necessary. Counseling services by faculty and staff are also available on a fee basis.

SBANC and the University of Central Arkansas have conducted the Small Business Institute (SBI) program since its inception in the early 1970s. The program involves undergraduate and graduate students, supervised by faculty, obtaining information from a business, analyzing that information and presenting their recommendations to the business owner. The program provides college students with hands-on business experience and gives the business valuable information that will potentially help their business to expand and become more efficient.

The SBI program was previously federally funded and administered by the U.S. Small Business Administration. Federal funding for the program is no longer provided therefore donations are requested.