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History. The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction ...
Small business. Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy.
On December 4, 1941, the U. S. House of Representatives created the first House Select Committee on Small Business in response to a growing number of small business activists and organizations advocating for more protections and better government policies for America's small businesses. While it had no legislative authority, the select ...
The pros of being a small business owner include financial and emotional rewards as your business succeeds. The downsides are that you assume personal risk and responsibilities when owning a ...
Use your computer to hone your craft and market yourself in online groups and social media like LinkedIn. 5. Event planner. If your eyes light up at the thought of organizing and pulling off the ...
Factors to consider when choosing a small business lender. It’s always responsible to compare lenders and terms before you sign on the dotted line for financing. You’ll want to educate ...
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