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To Franchise Or Not To Franchise?

YoungUpstarts

Instrumental decisions like hiring employees, running the day-to-day operations, and training all relies on the owner. According to the Small Business Administration (SBA), 50 percent of small businesses fail within the first year, and 95 percent fail within five years. Brandon Moxam joined U.S. He has been instrumental in the U.S.

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The Importance of Small Business and Jobs

The Entrepreneurial Mind

The importance small businesses for both job creation and job loss in our economy is highlighted in a new study from the SBA Office of Advocacy. In the current recession, firms with fewer than 20 employees began losing jobs as early as the second quarter of 2007. Small business have accounted for 60% of all job losses.

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The Real Story Of America Is About Small

VC Adventure

innovation and competitiveness,” says the SBA , which tracks business trends for the U.S. The result was 117,000 fewer companies in 2014 than there were in 2007. The Federal Payroll Protection Program (PPP) enabled some small businesses to keep their employees, at least for a time. government.

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What Policymakers Don’t Understand About Small Business

VC Adventure

The current programs, including the Payroll Protection Program authorized by Congress and the Main Street Lending Program from the Federal Reserve, seek to help small businesses and their employees. Most businesses have few employees. The sheer magnitude of the problem makes it almost impossible for the SBA and its banking partners.