ASBL President Lloyd Chapman issued the following: Ronald Reagan tried to permanently close the Small Business Administration (SBA) during his administration. His plan to permanently close the SBA was to combine it with the Department of Commerce. In November of 2008, I predicted President Obama would try and close the SBA by combining it with… Keep reading →
Small Business
Obama’s Justification for Closing the Small Business Administration Doesn’t Add Up, According to the American Small Business League
By businesswire
NEW YORK (CNNMoney) — Just as the government expands its disaster loan program for businesses hurt by the drought, a new report shows the agency that distributes the loans is letting millions of dollars go unpaid.
As of late last year, taxpayers were owed $171 million for delinquent disaster loans, according to an audit by the inspector general of the Small BusinessAdministration. Keep reading →
Navigating the complex federal contracting road that small businesses travel when pursuing business with the federal government can be daunting. The key to successfully partnering with the federal government is through the mutual sharing of information between government and industry and by understanding how the government procures its goods and services.
The challenge for small business is the education required to follow the right road that will lead a small business to accelerate and achieve success. Keep reading →
Federal Chief Information Officer Steven VanRoekel declared BusinessUSA, the administration’s new website designed to help American businesses, officially open for business.
The new website, announced last month, and still in beta, is an online platform that “will make it easier for businesses to access the services and information they need to help them grow, hire and export,” VanRoekel said in a White House blog post Feb. 17. Keep reading →
The U.S. government is the world’s largest single purchaser of goods and services. But not even the federal government has been immune from needing to cut costs dramatically, which in turn has had a sweeping impact on contractors–and small business contractors in particular.
A new survey of 740 active small businesses pursuing government work found that small businesses are having to spend more to bid on government contracts, are being rebuffed with greater frequency, but being rewarded for their persistence. Keep reading →
McCaskill Plan Would Overhaul Small Business, NAICS Industry Classification System
By Richard W. Walker
When is a small business not a small business? When it’s a large business. Confused? So is Sen. Claire McCaskill (D-Mo.).
McCaskill thinks the classification standard used by the government to categorize businesses for statistical purposes “simply doesn’t make sense” when applied to the federal small-business contract-award process and wants to do something about it. Keep reading →
Federal contracting officials are currently challenged with meeting their required small business procurement goals. Although the Obama Administration is creating more outreach and contract awareness programs, not every federal contracting official has the ability to locate, educate and guide small businesses on how to successfully secure and continue to grow their business with government contracts.
The federal government has yet to meet its statutory small business procurement goal of 23%. However, in 2010, the federal government managed to reach 22.7%, which translated to nearly $98 billion in federal contracting opportunities for small businesses. Keep reading →