In The News: What’s Happening at the SBA? Small Businesses Don’t Know

From The Huffington Post:

“I didn’t even know they still exist,” Eric Segal, owner, Security Business Solutions, responded when I asked a group of small business owners if they thought the U.S. Small Business Administration was fulfilling its mission of helping small business.

The U.S. Small Business Administration was founded to strengthen the overall economy by helping small businesses start and grow. Does the SBA actually do what it’s supposed to do?

Senator Olympia Snowe, (R-Maine) ranking member of the U.S. Senate Committee on Small Business & Entrepreneurship, recommending to President-Elect Obama that the position of the SBA Administrator be elevated to a cabinet level post so the voice of small business can be heard. In theory, Senator Snowe’s proposal seems to make sense. After all, it’s small business that will be the savior of our country’s economy. However, in practical terms, would a cabinet level post enhance the operations of the SBA and its effectiveness in helping small business?

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