Why Washington Has It Wrong on Small Business

By bcchrisc • November 12th, 2012

For starters, policy makers should ask a simple question: What is a small business, anyway?

By AARON CHATTERJI

It’s time for the government to get a lot smarter about small-business policy.

In an era when political battles are nastier than ever, small business is the American dream we can all agree on. Democrats and Republicans alike line up behind the idea that small firms are job creators—the backbone of the economy—and they deserve a helping hand from the federal government.

Yet we’re not doing all we can to support them—because we’re treating them all exactly the same.

It’s obvious that small businesses are incredibly diverse, with very different needs, aspirations and potential. The government, though, lumps them all into one category, covered by the same rules, policies and federal agency. Generally speaking, if you have fewer than 500 employees, you’re a generic “small business”—whether you’re the dry cleaner who’s been on the same corner for a decade or a tech company that just launched in a dorm room.

For the rest of the article click here:  http://online.wsj.com/article/SB10001424052702303768104577460040429463650.html?mod=ITP_thejournalreport_0

Or email Christopher Campagna at cmc@braddockcommercial for PDF of the article.

 

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