Small business owners seem to have a new friend in Senator Charles Schumer. The New York-based politician wants to compensate for our nation's credit freeze by creating an emergency loan program aimed at little companies.
Expect Schumer's efforts to either pay off really quickly or not at all, since Reid J. Epstein reports that the program is intended "to serve as a bridge until funds kick in from the $700-billion federal bailout for Wall Street banks." That window is expected to be two to three months in length.
As for the amount of money that would be involved, look for sums of at least $20 billion to get discussed. And the loans would go through the Small Business Administration, in case you're wondering what agency would have its named attached.
Think this is a case of too little, too late? Or too much, too early? Schumer claims, "If you did nothing, you'd lose permanently thousands of small businesses."
With that possibility looming, he may receive all sorts of support. On the other hand, people are paying a great deal of attention to how the government spends their money, so don't be surprised if some opposition rises, too.
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If you would like a tool to
If you would like a tool to manage your small business activities and Projects, you can use this web aplication:
http://www.Gtdagenda.com
You can use it to manage and prioritize your Goals (for business but also in other areas of your life), Projects and Tasks. It has a Checklists section, for the routines and repetitive activities that any business has to do. Also, it features a Schedules section and a Calendar, for scheduling you time and activities.
Some features from GTD are also present, like Contexts and Next Actions.
And it's available on the mobile phone too, so you can access it from anywhere.
SBA Loans Would be Good for the Economy
Small business is the heart of this nation's economy. I think this is at least something worth seriously considering.
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