1 I suggest that whether a person is doing business in their own name, as an LLC or a corporation, that they be protected from losing everything. You should not be at more risk as an individual.
2, I suggest that you give the option of having to file taxes or pay a flat tax so that you can reduce paperwork.
3. I suggest that accounting, bookkeeping and small business management be a required course for all kids, because many will be involved in running a business in one way or another - hairdressers, doctors, lawyers, mechanics - many run their own business or practice. Even non-profits must be sustainable with good business practices. It could be a required math class.
4. Encourage all businesses to be debt free and keep a cushion to prevent and protect from future recessions.