Episode notes
Explore the ramifications of tightening SBA budgets for micro-businesses. This episode sheds light on how budget cuts threaten essential programs and make funding less accessible, with practical tips for mitigating these hurdles.
In this poignant episode, we discuss the recent (2017) changes to the SBA's budget and its profound implications for small businesses, particularly those at the solo, early stage, or micro level. Our discussion reveals a concerning trend: as the SBA's budget tightens, the very programs designed to support these fledgling entities face the threat of reduction or elimination. This shift not only marginalizes the smallest of small businesses, which the SBA ostensibly aims to support, but also exacerbates the challenges these businesses face in securing necessary funding.
Moreover, we explore the ramifications of ...
Keywords
business funding obstaclesSBA lending alternativessmall business advocacyfinancial strategies for startupsearly-stage business funding