Posts Tagged ‘small business’
From the Argentine Chamber of Commerce does not keep telling us that some still believe that the economic value, creating wealth and jobs, and only achieved with the production of physical goods. On the basis of this concept is wrong, it discriminates against commercial activities and services and this has resulted, for example, tax rates applicable to this sector is higher in gross revenue, advertising, seals, slaughter, etc. ..
Another consequence of the implementation of this approach is that national laws on investment promotion discrimination and does not include lines of credit to companies that develop these activities. Also recognized in the current draft of financial institutions before Congress.
Even today many do not realize that a series of activities are responsible for 68% of GDP. The service sector employed 3,770,336 workers in Argentina registered trade has 1,039,468 registered workers in white.
Based on these figures we can summarize the activities that we belong to is the main generator of GDP, the main employer, with large participation of SMEs, and in many cases is the major contributor, a state that we must carefully analyze and assess the importance of considering the past, both fiscal, social, economic and especially political, to fully enforce our rights in the appropriate field.
We must be clear that no nation in general, even in provinces and cities, strategic plans and long-term goal to strengthen and develop this sector.
That is why we cannot as a businessman away from the political and macroeconomic direction, let alone limit them to the sector policy.
On the other hand, the more a struggle between the competing union that trade union framework. When this happens, we ask to block access to the company to stop functioning. Disputes should be resolved peacefully within the labor ministry, internally in the CGT or justice is used as a corporate battlefield
Loans from the Small Business Administration (SBA) made by banks to small businesses owned by Hispanics in California dropped 84 percent from 2007 to 2009, the highest percentage decline in minority business loans reported Monday.
According to the California Reinvestment Coalition, a nonprofit advocating for minorities equal access to the bank, “small businesses” that make the work more than any other segment of the economy have no access to credit, what they cut staff and many have had to close. “
Coalition explained that the amount of loans to small businesses in California declined by 1.5 million between 2007 and 2009, which means a reduction of 21.000 million dollars.
Five of the largest banks in the Hispanic market, Bank of America, Wells Fargo, U. S. Bank, Union Bank and Citibank-trimmed SBA loans to Hispanic businesses by 89 percent.
As a result of the economic crisis and lack of credit support, in Los Angeles was closed on 25 percent of businesses in 2009 compared with 2007, which means the city which has lost more than 150,000 jobs.
The report “Small Business Access to Credit: The Little Engine That Could” noting that in addition to Los Angeles in five counties-Alameda, Fresno, Sacramento, San Diego and Santa Clara-loans to small businesses located in low-income people has been reduced from 70 to 79 percent.
1. Talking with some business professionals, for example: A good accountant can show you how to keep your tax records, a lawyer who specializes in small business can legalize the name of the company and advice on how to protect business-related demands as possible, and so forth. Specialist consultations relating to the turnover of your business so that they can give better advice.
2. Make sure you know exactly what type of business insurance you need:
3. Knowing in advance if you plan to go into business for yourself or with a partner: If you do one you are the owner and you are solely responsible for the company. If you decide to have a co-owner, be sure to discuss this with your attorney to discuss preventive maintenance.
4. Make sure you have a solid idea of the cost of your business: This lets you know whether you need financial assistance such as a bank loan or you have to look for other outside investors.
5. Choose whether your business will take place at home or go: All this will come together to create a strong foundation for your business. Knowledge is power when it comes to creating their own business.