The Problems Facing Small Businesses Today....

The Government is trying to close the SBA

According to Inc.com in 2006 the SBA's budget was $456.5 million. In 2005 the budget was $579.5 million. In 2001 -- the final year of the Clinton administration -- the budget was $1.1 billion.

SBA's Budget Cut - Again
By Walter Alarkon, Inc.com

SBA Budget:
$100 Million Less Each
from House Committee
on Small Business

U.S. small businesses lose billions of dollars per year to large firms

The Small Business Act of 1953 mandates that every year the federal government must spend 23 percent of the total value of all federal prime contracts with small business.  

According to statistics from the SBA Office of Advocacy, small businesses: make up more than 56 percent of the US economy, provide 75 percent of the net new jobs added to the economy, represent 99.7 percent of all employers, employ 50.7 percent of the private work force, provide 40.9 percent of private sales in the country and represent 97 percent of all U.S. exporters.

Despite their clear economic impact, we estimate that the federal government counts more than $60 billion a year in federal small business contracts to large and international corporations towards the federal small business procurement goal.