Archive

Archive for the ‘U.S. Small Business Administration’ Category

Demographic Characteristics of Business Owners and Employees: 2013

May 4, 2015 Comments off

Demographic Characteristics of Business Owners and Employees: 2013 (PDF)
Source: U.S. Small Business Administration

Business owner characteristics and the economic and business environment are changing. Small business owners and entrepreneurs make important contributions to business creation and growth in the American economy. Understanding the characteristics of business owners and how they differ from employees is important for measuring the overall economic well-being of the economy including the economic incentives for entrepreneurship. This issue brief examines business owner demographic characteristics in 2013 and compares these characteristics to those of employees in the U.S. economy.

Equity-based Crowdfunding: Potential Implications for Small Business Capital

April 22, 2015 Comments off

Equity-based Crowdfunding: Potential Implications for Small Business Capital (PDF)
Source: U.S. Small Business Administration

For small business owners and entrepreneurs to build, grow, and support their business, it takes capital, and today, many of these individuals are choosing alternative forms of capital. One popular avenue is crowdfunding. “Crowdfunding systems enable users to make investments in various types of projects and ventures, often in small amounts, outside of a regulated exchange, using online social media platforms that facilitate direct interaction between investors as well as with the individual(s) raising funds.” There are three basic types of crowdfunding. Money is given in exchange for a clearly defined good (reward), a piece of the venture (equity), or a loan agreement (peer-to-peer). Typically, these three types of crowdfunding occur on different types of websites or platforms. Today, crowdfunding is steadily reaching critical mass as it is now estimated to be worth $3 billion to $5 billion worldwide.

Despite the growth of crowdfunding in the alternative lending landscape, one major crowdfunding method remains untapped. Equity-based crowdfunding was created under Title III of the Jumpstart Our Business Startups (JOBS) Act (2012), but the rule under Title III is still being written at the Securities and Exchange Commission (SEC) to expand the ability for entrepreneurs to sell equity to prospective investors online. Until the SEC issues final rules under Title III, equity-based crowdfunding for the vast majority of Americans remains off-limits.

Small Innovative Company Growth—Barriers, Best Practices and Big Ideas: Lessons from the 3D Printing Industry

March 11, 2015 Comments off

Small Innovative Company Growth—Barriers, Best Practices and Big Ideas: Lessons from the 3D Printing Industry
Source: U.S. Small Business Administration
From email:

Small Innovative Company Growth—Barriers, Best Practices and Big Ideas: Lessons from the 3D Printing Industry identifies 11 barriers that range from the individual level (e.g., academic debtload) to the systemic level (e.g., the reliable exchange of research advancements).

The report was written by Mark Harrison, the Office of Advocacy’s entrepreneur in residence, over a 12-month period. The report draws on input from numerous contributors and contains extensive links to news articles, research studies, and innovative programs. To plant it in the practical realm, the author examined the barriers specific to advanced manufacturing/3D printing, an emerging industry that has the potential to affect traditional economic patterns and produce breakthroughs in dozens of fields.

The Small Business Advocate — February 2015

February 22, 2015 Comments off

The Small Business Advocate — February 2015 (PDF)
Source: U.S. Small Business Administration
From e-mail:

The Office of Advocacy has released the February 2015 issue of The Small Business Advocate newsletter. This edition features Advocacy’s newly released Small Business Profiles for the States and Territories, and includes the United States profile in full. In addition, the newsletter contains regulatory news and a summary of the Report on the Regulatory Flexibility Act FY 2014.

Small Business Profiles for the States and Territories, 2014

February 5, 2015 Comments off

Small Business Profiles for the States and Territories, 2014
Source: U.S. Small Business Administration

The Office of Advocacy’s Small Business Profiles for the States and Territories are an annual analysis of each state’s small business activities. They provide information on small business employment, industry composition, small business borrowing, exporting, and survival rates, as well as business owner demographics. The profiles provide information for the 50 states, the District of Columbia, the U.S. territories and United States. Detailed historical data may be found in the Small Business Economy.

New From the GAO

October 23, 2014 Comments off

New GAO Report
Source: Government Accountability Office

Small Business Administration: Additional Steps Needed to Help Ensure More Timely Disaster Assistance. GAO-14-760, September 29.
http://www.gao.gov/products/GAO-14-760
Highlights – http://www.gao.gov/assets/670/666218.pdf
Podcast – http://www.gao.gov/multimedia/podcasts/666521

New From the GAO

May 30, 2014 Comments off

New GAO Reports and Testimony
Source: Government Accountability Office

Reports

1. DOD Financial Management: Improvements Needed in Army’s Efforts to Ensure the Reliability of Its Statement of Budgetary Resources. GAO-14-60, May 30.
http://www.gao.gov/products/GAO-14-60
Highlights – http://www.gao.gov/assets/670/663693.pdf

2. Inspectors General: A Sample of the Treasury IG for Tax Administration’s Audits Were Generally Consistent with Standards, but Additional Review Could Address Exceptions. GAO-14-70, May 16.
http://www.gao.gov/products/GAO-14-70
Highlights – http://www.gao.gov/assets/670/663280.pdf

3. Information Security: Agencies Need to Improve Cyber Incident Response Practices. GAO-14-354, April 30.
http://www.gao.gov/products/GAO-14-354
Highlights – http://www.gao.gov/assets/670/662900.pdf

4. Small Business Administration: Cosponsored Activities Can Benefit Small Businesses but Lack a Consistent Feedback Mechanism. GAO-14-260, May 30.
http://www.gao.gov/products/GAO-14-260
Highlights – http://www.gao.gov/assets/670/663711.pdf

5. Public Transit: Length of Development Process, Cost Estimates, and Ridership Forecasts for Capital-Investment Grant Projects. GAO-14-472, May 30.
http://www.gao.gov/products/GAO-14-472
Highlights – http://www.gao.gov/assets/670/663715.pdf

6. Trusted Travelers: Programs Provide Benefits, but Enrollment Processes Could Be Strengthened. GAO-14-483, May 30.
http://www.gao.gov/products/GAO-14-483
Highlights – http://www.gao.gov/assets/670/663723.pdf

Testimony

1. DOE Loan Programs: DOE Has Made More Than $30 Billion in Loans and Guarantees and Needs to Fully Develop Its Loan Monitoring Function, by Frank Rusco, director, natural resources and environment, before the Subcommittee on Oversight and Investigations, House Committee on Energy and Commerce. GAO-14-645T, May 30.
http://www.gao.gov/products/GAO-14-645T
Highlights – http://www.gao.gov/assets/670/663708.pdf

Follow

Get every new post delivered to your Inbox.

Join 1,052 other followers