Comments on: The SBA Should Simplify the Definition of “Small Business”

By: » Blog Archive » Sizing up Small-to-Medium Business (SMB)

» Blog Archive » Sizing up Small-to-Medium Business (SMB) — Wed, 07 Apr 2010 13:24:22 +0000

[...] The SBA Should Simplify the Definition of “Small Business” Posting on Small Business Trends Anita Campbell October 30, 2009 [...]

By: Online Small Business » Should Small Businesses Be Allowed to Be Bigger?

Online Small Business » Should Small Businesses Be Allowed to Be Bigger? — Thu, 05 Nov 2009 19:37:52 +0000

[...] I liked the analysis of Small Business Trends executive editor Anita Campbell, who opined last week that the SBA should stop tinkering with its arcane list of hundreds of various qualifying size [...]

By: Should Small Businesses Be Allowed to Be Bigger? | Entrepreneursbuzz

Should Small Businesses Be Allowed to Be Bigger? | Entrepreneursbuzz — Thu, 05 Nov 2009 19:21:08 +0000

By: Raul Espinosa

Raul Espinosa — Tue, 03 Nov 2009 05:24:24 +0000

Attempting to fix ‘size standards’ without addressing three of its key elements: size protests, the penalties and their enforcement is akin to fixing a flat tire on a car without an engine.

Small biz have called for congressional hearings to strengthen the size protests. You can read about it on this link. http://www.prweb.com/releases/2009/11/prweb3146134.htm

By: Joel Libava

Joel Libava — Mon, 02 Nov 2009 17:38:18 +0000

Anita,

This probably can be simplified, but the government doesn’t seem to have that word in their playbook.

How much of our money will be spent and wasted on this study?

The Franchise King
Joel Libava

By: Robert Brady

Robert Brady — Mon, 02 Nov 2009 14:40:15 +0000

I agree with Anita 100%. The government needs to make things simpler for small businesses (and themselves).

By: INFO4HER - MyCity4Her.com’s BLOG » Blog Archive » Finding Funding for your Start-Up - What to know

Mon, 02 Nov 2009 11:22:11 +0000

[...] Click here to read more [...]

By: Martin Lindeskog

Martin Lindeskog — Sat, 31 Oct 2009 18:34:28 +0000

Anita:

Great paragraph and insight:

“The more complex the definition of the “size of small businesses” the more regulatory bureaucracy you need to define, monitor and enforce all those size standards. It just makes government and government contracting more complex, and then we pay more in taxes to support all that complexity.”

By: Grant Wickes (@gwickes)

Grant Wickes (@gwickes) — Sat, 31 Oct 2009 12:57:41 +0000

I like the overall approach SBA is trying here…”help make SBA lending, assistance and government contract programs available to more small businesses” but to focus on retail and service?

Retail and service areas (of small business) are relatively easy to start and therefore there tends to be lots started. However, they tend to stay small and there is lots of churn in the first few years (ie they go out of business as new ones start). Few really grow, adding employees as they do.

SBA should spend less time on tweaking definitions and more time on helping the funding needs of all business… especially in sectors (eg manufacturing) that have start up capital needs and drive long term employment growth…

My 2 cents… Cheers, Grant