Small businesses in American have undergone rapid growth in the past 20 years.
It’s important to understand the vast amount of resources available to the small business communities in the United States.
One powerful resource is the Small Business Administration.
The SBA was launched in 1953 as part of the Small Business Act put into law on July 30th. Congress launched SBA with the purpose assisting and protecting the interests of small businesses in the Univted States.
The key clause in the Small Business Act was to provide small businesses with a fair porportion of government contracts.
It is a federal agency that is dedicated to small business counseling, growth, and access to capital.
As of today, it is the government’s chief resource for small business.
