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New Data Shows the Scope of Small Business in US Economy

Discussion in 'General Business' started by pcdoc, Aug 6, 2005.

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  1. #1
    We have over three million new small businesses started in the US every year, ranging from the newly self-employed to new small businesses formed as S-corps and LLCs to emerging high potential businesses backed by angels or VCs. A new study released by the Office of Advocacy of the SBA sheds light on how important small business is in our economy. Here are some facts from this new study....

    http://forum.belmont.edu/cornwall/
     
    pcdoc, Aug 6, 2005 IP
  2. Steve MacLellan

    Steve MacLellan Peon

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    Interesting article. I think the correct link is:
    http://forum.belmont.edu/cornwall/archives/003147.html

    But it is going to get tougher for small business owners in some cases.

    Drew Armstrong's article on BusinessWeek Online announces "The Bush Administration is eliminating funding for the SBA's MicroLoan Program — a move critics say will hurt urban entrepreneurs."

    They are still making loans available for more established businesses, but this doesn't help the solo entrepreneur. Those who are going to need some assistance getting started will need to explore their options.

    Regards,
    Steve MacLellan
     
    Steve MacLellan, Aug 8, 2005 IP