First, let me give you my definition of “small business”; a firm owned by one person, and having no more than one employee. In many cases, it is simple ownership, not a corporation. Compensation for the owner is based upon the revenue received ( after expenses)_ for the products or services offered. There are thousands, perhaps millions of such “firms” in our country, who are not counted in any way. Most of these owners do not qualify for unemployment benefits and rely strictly on their own abilities to survive.
In tough economic times, they suffer more than bigger firms, and have little opportunity to borrow money to grow their business or to help them during slow periods. Their hopes and dreams are to break out of the pack and “hit” the big product or service.
There is little education available to these folks and virtual no place to find support in the way of a mentor or advice. They fall prey to promises of help, all for a cost, which they struggle to pay, and then receive little or no benefit.
Part of the problem is a lack of trust on the part of the small owner, even when an offer for help does come.
The time has come for funds to be made available for a non-government entity to provide support and education. These small businesses are the true backbone of our country and unless there is some positive and worthwhile help, their loss could spell disaster with major reprocussions for our country.
Help me start such a movement to provide the needed help at the level it belongs. Spread the word, tell your friends, clients and small business owners. There is strength in numbers.
The value of a man should be seen in what he gives and not in what he is able to receive.
Have a great day!