Tucson business owner worries SBA proposal could squeeze smallest firms
A small Tucson business owner worries the SBA's proposal to expand its definition of small businesses could leave the smallest firms competing against larger, better-resourced companies for limited assistance. The proposal by the US Small Business Administration (SBA) could potentially squeeze the smallest firms. The proposal relies heavily on employee counts and less on revenue-based measures in many industries. This is a concern for anyone who values fairness and effective public policy. Two companies with the same number of employees can have vastly different levels of revenue, assets, profitability, market power, and access to capital. The SBA should consider creating tiers for businesses with fewer than 20 employees, fewer than 50 employees, and larger qualifying firms could be offered different levels. This approach would recognize that a one-size-fits-all definition fails to capture the wide range of businesses. However, this approach could result in less support for entrepreneurs taking the greatest risks, creating local jobs, and building the next generation of American companies.
发表 : 5小时前 经过 Erica Yngve Special to the Arizona Daily Star, erica yngve special to the arizona daily star 在 Business
Listen now and subscribe: Apple Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts The SBA's proposal would also rely more heavily on employee counts and less on revenue-based... [3081 symbols]
