October 29, 2009 Press Release from the Small Business Administration's Office of Advocacy:
- WASHINGTON, D.C. – Small businesses will play an important role in the nation’s economic future. The Office of Advocacy’s Small Business Profile for the United States, released today, provides details about small business employment, business starts and closings, bank lending in 2008, the demographics of business ownership, and firm and employment change by major industry and firm size.“The United States continues to depend on the health and ingenuity of its small business sector for the nation’s economic growth,” said Susan Walthall, Acting Chief Counsel for Advocacy. “In today’s economic climate, it is especially important for policymakers to keep small business concerns in mind as they formulate policy.”
Read more on Small Businesses Are Important Players in U.S. Business and Job Growth…
Filed under SBA Releases by 1 Comment. 
5/1/2009 SBA Office of Advocacy Press Release:
Small Wholesalers More Likely To Close Due To Rising Dollar
WASHINGTON, D.C. – A strong dollar (making imports cheaper and exporting more difficult) appears to have little effect on the survival rate of small retailers, according to a study released today by the Office of Advocacy of the U.S. Small Business Administration. The study covers 15 years of data, from 1990 through 2005, from the U.S. Census Bureau’s Statistics of U.S. Businesses and other sources.
Read more on Strong Dollar Has Little Effect On Small Retailers, Larger Effect On Wholesalers…
Filed under SBA Releases by Comment.
4/2/2009 SBA Office of Advocacy Press Release:
Sole Proprietorships Face Lowest Rates, S Corporations Highest
WASHINGTON, D.C. – The effective federal income tax rate faced by small businesses varies by the legal form of organization, according to a report issued today by the Office of Advocacy of the U.S. Small Business Administration. Average rates range from 13.3 percent for sole proprietorships to 26.9 percent for S corporations. The effective federal income tax rate is the actual amount of taxes paid by a firm as a percent of its net income.
Filed under SBA Releases by Comment.
