This is National Small Business Week. It has been so designated by the SBA. Our question is whether this week should be a time to celebrate accomplishments or to reflect on the work that remains to be done to continue to level the playing field for small businesses.
Over the years I have learned that training programs are not intended to be a one stop shop for everything I need to know about a particular topic.
If there's broad agreement that small businesses are the engine that powers the American economy, shouldn't it be easier to fuel the tank?
The SBA's mission is to help small businesses grow. When companies that were once small become some of America's biggest brands with our help, it gives all of us here at the agency a reason for holiday cheer.
Today the Bureau of Labor Statistics reported that our economy added 321,000 jobs in November. That's 57 consecutive months we've added jobs -- the longest employment growth streak since America started keeping track.
History has shown repeatedly that business dreams are birthed through chaos and from the ashes of despair, new business ideas rise. I encourage all the small and black-owned businesses impacted by looting and fire in Ferguson, MO to stay in the game and to know that their customers are waiting for them.
One of the reasons that (expensive) alternative loans like merchant cash advances became so popular was because banks dramatically reduced their small business lending after the great recession.
Here are 6 ways businesses can optimize their chances of receiving an SBA loan.
Our nation's smallest businesses -- the self-employed and micro-businesses -- represent the heart and soul of America's middle class. Yet, America's small businesses face critical challenges that prevent them from opening, growing and expanding.
When you are starting a business, where you get your money from has mostly to do with who is willing to give it to you. Most entrepreneurs just want to get funded, and often don't think through the ramifications of their funding source.