Lloyd Chapman
President, American Small Business League
Prescription: Boost funding
"There are 27 million small businesses. The budget needs to be pushed up to $5 billion to $10 billion per year.
Obama had a rescue plan and a promised budget for small businesses, but those plans are absent from his Web site. With no mention of the SBA, I take this as a crystal ball into the future, that Obama has no intention of fixing the SBA.
But assuming a plan does fall in to place, the mission of the SBA needs to be restored. But the other crucial recommendation is to fix the lack of oversight. There are not enough people to make sure programs operate. Staff those departments where people review the contracts. Field offices should be open and staffed up, as they have been cut back dramatically."
NEXT: Leonard Greenhalgh
Prescription: Boost funding
"There are 27 million small businesses. The budget needs to be pushed up to $5 billion to $10 billion per year.
Obama had a rescue plan and a promised budget for small businesses, but those plans are absent from his Web site. With no mention of the SBA, I take this as a crystal ball into the future, that Obama has no intention of fixing the SBA.
But assuming a plan does fall in to place, the mission of the SBA needs to be restored. But the other crucial recommendation is to fix the lack of oversight. There are not enough people to make sure programs operate. Staff those departments where people review the contracts. Field offices should be open and staffed up, as they have been cut back dramatically."
NEXT: Leonard Greenhalgh
| Sponsored by |
More Galleries
Beer, lingerie, ad space and high-end electronics were some of the offerings business owners put up for swap at this week's Barter Business Unlimited holiday trade show. More
The Motor City needs new industries. These 7 entrepreneurs are bringing tech, medical research and design jobs to the Detroit metro area. More
Sponsors
