eFranklin Circle M-F at noon Denver, Starts Monday, 7-6-2020

Join us for first eFranklin Circle Monday, to be on the show as a guest we promote on Facebook call me (303)861-1447

The SBA's dramatic effect on startups.

What effect has the start of the SBA in 1953 had on the rate of business startups? The more talk about startups the fewer startups!

What do you think?

Tomorrow (Tue, 5/2)  I'm going to post a review here of the new book "The Miracle of a Definite Chief Aim." 

Would you do me a favor? Click on the above link, go to your favorite bookstore or library,  or in some other way get your hands on the book, then call me or send me your thoughts about it, ok?

I read Mitch Horowitz' One Simple Idea and had great respect for the quality of the research, he writing style, and most of all his debunking of the Law of Attraction.

This new book is much different.

Please let me know what you think here, on Facebook, with a telephone call, I'll let you know what I think in part today on our SBCC IDEA Cafe Twitter Chat at 10 a.m. MDT, 11 a.m. Central (where I am now, visiting family in Houston.) Join there in a few minutes for the live chat or post any time, see http://Twitter.com/IDEACafeChat 

John
Houston, Texas

Startup Show: Practices of Faith and Thinking

Each Friday, 10 a.m. Mountain or here for recording later:



What do you think? Post your comments here or on our Facebook Page http://Facebook.com/Small.Business.Chamber

PLEASE SHARE WITH YOUR FRIENDS

Edited version will be up here with titles by 8 a.m. tomorrow (Sat, 1/9).

SBA may call business with 1,500 employees small.

This is crazy. I just received this media release from the Small Business Administration. New director's first major effort is to make larger businesses eligible for SBA assistance by changing the definition..

The definition of "small business" that the SBA has used for years of 300 employees does need to be changed, but they are going in the wrong direction.

Here's my idea: let's cut from 500 employees to 300. EF Schumacher (author of Small is Beautiful)  makes a good case for 300 being the right number, beyond that it's hard for the owner/manager to know all the employees personally.

Below is contact information. If you think cutting to 300 is a good idea, I hope you'll take a couple of minutes and send in an email. Thanks!

John S. Wren, MBA+++
Founder & CEO until fired, Small Business Chamber of Commerce, Inc.
www.SmallBizChamber.org  Facebook.com/Small.Business.Chamber
(303)861-1447

SBA Proposes Revisions to Size Standards for Wholesale Trade and Retail Trade Industries WASHINGTON – The U.S. Small Business Administration has proposed increasing small business size standards affecting businesses in 46 industries in North American Industry Classification System (NAICS) Sector 42, Wholesale Trade, and in one industry in Sector 44-45, Retail Trade.  If they are adopted, nearly 4,000 more firms will become eligible for SBA’s loan programs.  The proposed rule was published in the Federal Register today.   The proposed size standards would define the maximum number of employees a firm in these industries could have and still be a small business.  The proposed revisions reflect changes in marketplace conditions. SBA proposed to retain the current size standards for the remaining industries in those sectors.  SBA reviewed all of the employee-based size standards for both sectors to determine whether the size standards should be revised or retained.  The SBA has also proposed to retain the current 500-employee size standard for federal procurement of supplies under its non-manufacturer rule because Wholesale Trade and Retail Trade NAICS codes and their small business size standards cannot be used for procurement of supplies.  These proposed revisions primarily affect eligibility for SBA’s financial assistance programs.  Comments can be submitted on this proposed rule on or before July 18, 2014, at www.regulations.gov, identified by the following RIN number: (RIN 3245-AG49).  You may also mail comments to Khem R. Sharma, Chief, Office of Size Standards, 409 3rd St., SW, Mail Code 6530, Washington, DC  20416. As part of an ongoing review of all size standards, SBA takes into account the structural characteristics of individual industries, including average firm size, startup cost and entry barriers, the degree of competition, and small business share of federal government contracting dollars.  This ensures that small business size definitions reflect current economic conditions and federal marketplace in those industries.  Under the Small Business Jobs Act of 2010, SBA plans to continue its comprehensive review of all size standards for the next several years.  An SBA-issued White Paper entitled, “Size Standards Methodology,” which explains how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards, can be viewed at http://www.sba.gov/size. For more information about SBA’s revisions to its small business size standards for various industry sectors, click on “What’s New with Size Standards” on SBA’s Web site at  http://www.sba.gov/size.                                                              ###