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How about a small business & entrepreneur bailout

December 6th, 2008 by admin No CommentsNo Comments

Why isn’t the government talking about a small business stimulus package? Β 

The SBA has always been touted as the small business owners friend. Although, I agree the SBA is a great resource for small business consulting, entrepreneur development training advice, counseling and local seminars, but for financial assistance the SBA always falls short. There was a recent comment on Fox Business News this week where the morning host had said that” if you can qualify for an SBA loan, then you don’t need an SBA loan”. Maybe it is time for the government to create some programs to help the little guy as well as the big, help young entrepreneurs, and start ups.

In one of my ventures, I have 17 people who rely on me for their income. I contribute to the local economy, pay my taxes, and do my part to keep the economy chugging along. In tough times like this, my resources are limited for raising additional capital or finding favorable loan terms.

Let’s take a portion of the bailout funds and create some SBA programs that actually help small businesses where they need it most, in their cash flow. I am not talking about a hand out, just less hurdles and more favorable terms.

Β 

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Filed under: entrepreneur coaching, small business budgeting, small business consulting, successful companies
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