Your
Small
Business
Advocate,
You're Not Alone!
So if you are tired of navigation the treacherous icebergs of regultion
How
important are small
businesses to the US economy?
Small firms:
Represent 99.7 percent of all employer firms
Employ about half of all private sector eployees
Pay nearly 45 percentof total U.S. private payroll
Have generated 60 to 80 percent of net new jobs
annually over the last decade
What is the survival rate for new small businesses?
Two-thirds of new employer establishments survive at least two years, 44 percent survive at least four years, and 31 percent survive at least seven years, according to a recent study.
Source:
Business Employment Dynamics Data Survival and Longevity, II, by Amy E. Knaup and Merissa C. Piazza, Monthly Labor Review, vol.30, no. 9(Sept 2007), pp.3-10.
Redefining Business Success: Distinguishing Between Closure and Failure? by Brian Headd Small Business Economics, vol. 21, no. 1 (August 2003), pp. 51-61.
What is the threat to small businesses?
The greatest threat to small business is Government. For instance, the Great Depression of the 1930s, the Savings and Loan Fiasco of the 1980s & 1990s, and the Farm Loan Crash of the 1980s have been attributed to Federal Reserve monetary policy.
see: Monetary Policy Disasters of the Twentieth Century
It's Our Business Association, Inc. is your small business advocate. The repeal of the Health Care Reform Law, repeal of the Financial Services Regulation Law, the reauthorization of the Bush tax cuts, stopping cap and trade under any name, stopping America's dependence on foreign oil by openning up domestic exploration and the use of nuclear power plants for electricity, are just a few areas where a small business advocate is urgently needed.
Small Businesses must be politically involved with Congress in order to protect themselves from Government interference in the market. As small business owners ourselves, we have been involved in other associations. Most talked about political issues, showed pictures of lobbiest with Congressmen and Senators and associatio executives attended receptions. But, little else was accomplished. In approximately five years we were never ask to contact our elected officials.
Join Us Today! Let's change politics as usual. Become a small business advocate with us.
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