President Obama has signed the repeal of a Form 1099 reporting rule that the SBA said would be costly to small businesses.
Some small businesses that have previously filed for bankruptcy are no more burdened than other small firms by poor cash flow, high health insurance costs, or excessive taxes.
There is more proof that lending to small businesses is starting to recover in some loan size categories even in the midst of a continued decline of activity by financial institutions.
According to new data from the SBA, an estimated 552,600 new employer firms opened for business and 660,900 firms closed shop in 2009.
Last year, an estimated 552,600 new employer firms opened for business and 660,900 firms closed shop, according to new data released today from the SBA.