BizBuySell.com's survey results reveal that small businesses have yet to feel significant benefits from the Small Business Jobs Act, while lack of available financing continues to hinder business-for-sale transactions.
San Francisco, CA - November 16, 2010 -- BizBuySell.com, the Internet's largest marketplace for buying or selling a small business, today released results from a survey of the nation's business brokers on the state of the business-for-sale market.
According to surveyed brokers, most agree that the small business market continues to face major hurdles in today's economy, and the government is doing little to educate owners about the benefits of the Small Business Jobs Act. In fact, three in four brokers report that small business owners do not know how governmental initiatives, namely the Small Business Jobs Act, can and will benefit them.
To read the full article... click here.
Showing posts with label small business bill. Show all posts
Showing posts with label small business bill. Show all posts
Sunday, January 2, 2011
Tuesday, September 28, 2010
Check out Finding Surprises in the Small-Business Jobs Bill
By: Robb Mandelbaum
New York Times
Business Day - Small Business
Monday, September 27, 2010
Most of the controversy surrounding the small-business jobs bill that cleared the House of Representatives on Thursday - after nearly a year of discussion - concerned a $30 billion small-business lending fund to be established by the Treasury Department.
But like most of the legislation, the lending fund is a temporary fix. It will make investments in banks for just one year. The tax breaks in the bill, worth about $12 billion, are mostly good for a year or two.
But one part of the bill, which President Obama will sign into law on Monday, also makes permanent and far-reaching changes to the Small Business Adminstration's guaranteed loan programs - it both allows banks to make much largers loans and permits bigger businesses to take advantage of them - changes that have not been widely discussed. Taken together, these measures potentially could alter the essential character of the S.B.A.'s borrowers - it could make them not very small.
to read the full article... click here.
New York Times
Business Day - Small Business
Monday, September 27, 2010
Most of the controversy surrounding the small-business jobs bill that cleared the House of Representatives on Thursday - after nearly a year of discussion - concerned a $30 billion small-business lending fund to be established by the Treasury Department.
But like most of the legislation, the lending fund is a temporary fix. It will make investments in banks for just one year. The tax breaks in the bill, worth about $12 billion, are mostly good for a year or two.
But one part of the bill, which President Obama will sign into law on Monday, also makes permanent and far-reaching changes to the Small Business Adminstration's guaranteed loan programs - it both allows banks to make much largers loans and permits bigger businesses to take advantage of them - changes that have not been widely discussed. Taken together, these measures potentially could alter the essential character of the S.B.A.'s borrowers - it could make them not very small.
to read the full article... click here.
Wednesday, September 1, 2010
Check out 5 Things Small Businesses Want from Washington | Business News Daily
5 Things Small Businesses Want From Washington
August 23, 2010
By Jeanette Mulvey
Business News Daily Managing Editor
Hardly a day passes without President Obama calling on Congress to pass the small business bill in September. The legislation would free up $30 billion in loans and institute a number of tax credits for small businesses. Small business owners are skeptical about how effective the bill will be.
Business News Daily asked 50 small business owners across the country how Washington can help get their businesses back on track. Five key trends emerged.
Ease lending requirements...
Repeal 1099 reporting requirements...
Make it easier to get government contracts...
Communicate better...
Get out of the way...
"Let business do what it does best: Make stuff and provide services that meet the needs of the customers." said Paul Chase, a Pennsylvania-based real estate agent. "There is certainly a need for some regulation, but companies are being regulated to death."
To read the full article... click here.
August 23, 2010
By Jeanette Mulvey
Business News Daily Managing Editor
Hardly a day passes without President Obama calling on Congress to pass the small business bill in September. The legislation would free up $30 billion in loans and institute a number of tax credits for small businesses. Small business owners are skeptical about how effective the bill will be.
Business News Daily asked 50 small business owners across the country how Washington can help get their businesses back on track. Five key trends emerged.
Ease lending requirements...
Repeal 1099 reporting requirements...
Make it easier to get government contracts...
Communicate better...
Get out of the way...
"Let business do what it does best: Make stuff and provide services that meet the needs of the customers." said Paul Chase, a Pennsylvania-based real estate agent. "There is certainly a need for some regulation, but companies are being regulated to death."
To read the full article... click here.
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