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Too expensive to start a small business

It takes years to build a large enough market share to sustain most small businesses. Government regulations, taxes and fees are the largest barrier to creating that success. The best idea I can think of is rather than offer a subsidy, offer a plan where business owners who have a gross income of under 50,000 pay no taxes on employees and business income. That's a five year incentive to succeed. And I agree with first-lady-luvs,... more »

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Capital access for small biz in underserved rural/urban markets

I suggest that SBA looking into finding support (guarantees, arrangements with banks) to support royalty funds for small businesses (in rural and inner cities) that have not got the growth of gazelles that would support venture capital and are not big enough to support debt or mezzanine. Royalty funds are an emerging "near equity" instrument that is being put to good and effective use in places like NH (www.vestedforgrowth.com)... more »

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5 votes
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Better than "Patent Reform"

Rather than completely rebuilding the Patent System... reinstate a version of The Disclosure Document Program with information to be kept Confidential by the USPTO but to be accessed as evidence of Date of Invention if needed. Keep electronic files Indefinately.

I actually have a more thorough explanation but this is a simple, cost effective, way to address some of the issues brought up by Internation Mega-Corporations... more »

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5 votes
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Reduce burden of private student loans

I suggest an interest holiday, or a switch to monthly compound interest rather than daily, on private student loans which are subject to regulation by the federal government. I also suggest repeal of the 2005 provision which made private student loans non-dischargeable in bankruptcy. The reduced debt loads will encourage aspiring entrepreneurs to take more risks.

Likely entrepreneurs are often young, educated professionals... more »

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Re-Direct Oil Subsidies to American Entrepreneurial Enterprises

Entrepreneurs, such as myself, need operating capital for the first 3 years of business. Eliminate oil subsidies and re-direct funding to small AMERICAN enterprises that require operating capital for the first 3 years of operations. Currently, bank loans are not easily attainable, and they add debt to the balance sheets of small enterprises -- making it more difficult to attract private investors. Re-invest in American... more »

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Reducing Barriers and Business Education

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,... more »

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REINSTATE GLASS-STEAGALL & PUT SMALL INVESTMENT BANKS TO WORK

"REINSTATE THE GLASS-STEAGALL ACT of 1933."

Then just let Nature take its course… “That’s all!” You can pay yourself $100K Bonus and retire on your pension now…

The Simplest Fix is simply to REINSTATE THE LAW (Glass-Steagall), and that will do "EVERYTHING...!" However, there is NO WAY that President Obama or the “SBA” has the ability or strength to buck the $300MILLION in Bribes that the Lobbyists paid to Repeal... more »

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Startup and Growth Capital through "CrowdFunding"

I suggest you have the SEC allow regulation-exempt public stock offerings when the maximum individual investment is less than or equal to $100.00: http://crowdfundinglaw.com/. This would allow any entrepreneur to do a public offering for tiny investments, aka “crowdfunding”. Of course, this group of investors would then meet the prior existing relationship for other regulated private offers.

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