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The Senate Small Business and Entrepreneurship Committee voted Tuesday to approve former World Wrestling Entertainment head Linda McMahon to lead the Small Business Administration (SBA). Expand small business access to export financing by increasing the number of lenders providing export financing solutions from 430 to 555 and the number of small business exporters receiving financing through SBA loan programs from 1,346 to 1,480 by FY2015.
Large bank institutions, such as Chase, Bank of America and Wells Fargo, generate the bulk of their SBA loan volume by loans, especially the express loan and line of credit, offered to those who would be declined for ‘normal’ bank credit due to factors such as length of time in business or slightly more conservative underwriting factors.
Programmatic changes resulting from enactment of P.L. 111-5, the American Recovery and Reinvestment Act of 2009, P.L. 111-240, the Small Business Jobs Act of 2010, and P.L. 112-239, the National Defense Authorization Act for Fiscal Year 2013, are discussed.
When, following the suggestion of President Eisenhower, congress passed the Small Business Act and created the U.S. small Business Administration (SBA) in 1953, its stated mission was to aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns,” and also ensure small businesses a fair proportion” of government contracts.
This week the Obama administration has indicated that they intend to rely heavily on the existing infrastructure of the Small Business Administration to get funds moving once again through the banking system and into the hands of small business owners.…Read More
There has never been a better time to be an entrepreneur According to the Small Business Administration (SBA) , there were 27.9 million small business in the US. Hey Ryan, great post, in regards to tutoring i was thinking about the online tutoring mainly and having done some brief market research into this field it would seem quite saturated, i just graduated with a degree in economics, but my passion rests in business.
Still, in case you can get men and women to return a card, or leave an email address when they come into your shop, you are able to construct a list and use that list for future email marketing campaigns, and if you give men and women an incentive to join up like offering a totally free drink with a pizza as an example, you will be amazed how lots of folks will give their email addresses and you may reward them with coupons and special provides in future campaigns.
The 2008 credit crisis has made it more difficult for small businesses to get a start-up loan than in previous years, according to Lydia Dishman of In 2009, for example, the U.S. Small Business Administration reduced its lending to small businesses by 36 percent over the previous year.
What’s more, freelance writing & editing can afford you a lifestyle that lets you travel the world as a digital nomad You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Upwork , which makes this a high-demand side business idea.
A strong brand can be the be all and end all in a business’s ability to succeed so this is an extremely important business to be in. You’ll be a highly analytical individual who listens to research and …Read More
But it does, if there are other issues at stake as well – community, the corrosive corruption of power, even serendipity. Without being perceived as a sign of economic strength, social responsibility has today the form of corporate civic – a way to create stable and profitable business relationship for all parties, a non-aggressive way, less harmful to work around the community, a friendly way of communication with society.
It disregards the utilitarian concern for the consequences of an unsafe working environment on the social fabric, the resulting product or service created, the morale of the workforce, the community and other large-scale results of an unhealthy workplace.
II. A corporate organization acts” only if (1) certain human individuals in the organization performed certain actions in certain circumstances and (2) our linguistic and social conventions lay down that when those kinds of individuals perform those kinds of actions in those kinds of circumstances, this shall count as an act of their corporate organization.
A responsible business can contribute to a successful evolution to a market economy by improving its business performance; by helping build social capital in its economy; and by working with leaders in business, government, and civil society to develop essential market-oriented institutions.
It was suggested that, when considering the ethics of consequences , that there is limited value in considering the consequences of past actions, except as a method of deriving guidance, from experience, for making decisions that will have consequences in the future.…Read More
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. The report concludes with an assessment of the Obama Administration’s proposals and pending legislation, which would authorize changes to the 7(a) program that are designed to enhance small business access to capital, including H.R. 3854, Small Business Financing and Investment Act of 2009; S. 2869, Small Business Job Creation and Access to Capital Act of 2009; and the Senate’s version of H.R. 5297, the Small Business Jobs Act of 2010, which was passed by the Senate on September 16, 2010.
In addition, the agency provides grants to support counseling partners, including approximately 900 Small Business Development Centers (often located at colleges and universities), 110 Women’s Business Centers, and SCORE, a volunteer mentor corps of retired and experienced business leaders with approximately 350 chapters.
Service-Disabled Veteran-Owned Business Designation – This establishes an annual government-wide goal of not less than 3% of the total value of all prime and subcontract awards for participation by small businesses owned by service-disabled veterans.
Several bills are also discussed, including S. 3020, the HUBZone Improvement Act of 2010, which would require the SBA to implement several GAO recommendations designed to improve the SBA’s administration of the program and extend for three years HUBZone eligibility for firms that lose their HUBZone eligibility due to the release of 2010 decennial census economic data.
Congressional interest in the Microloan program has increased in recent years, primarily because microloans are viewed as a means to assist very small businesses, especially women- and minority-owned startups, to get loans that enable them to create jobs.…Read More