We're seeing from sources that the massive financial reform package passed recently by the U.S. Senate will not negatively impact investment in the small business and entrepreneurship community. Time will tell. Tighter regulation might certainly tend to further tighten bank lending but perhaps this isn't the best source of business financing anyway since it involves incurring long-term debt. If the new regulations hurt the investment community, on the other hand, this could be a problem because investment in small business is one thing very necessary for economic recovery. Share your thoughts.





Comments


Written by ShawnHessinger
4447 days ago

Anita,

Agreed. I think there's a huge difference here between saying the financial reform package won't kill investment in small business and saying it won't hurt small business. Interestingly, no one is saying it won't hurt small businesses themselves. It almost certainly will be more expensive for everyone. And, of course, there are ever increasing costs associated with the new health care reform also reflected in the roundup. The sum total of these regulations will not be good certainly. But it's also interesting that the angel and VC community and even the National Federation of Independent Business aren't being more vocal on this thing preferring to focus on what they managed to keep out of the bill.



Written by smallbiztrends
4447 days ago

Hmm, I don't know about not hurting small businesses.... Who's going to pay for all these massive government programs and bailouts? Small business owners and John Q Public, that's who. Washington needs to stop spending our money -- NOW.



Written by ivanpw
4446 days ago

From a non-US business owner stand point, I think that the US Gov't financial reform programs are showing no respect to small businesses and their hard working owners. I always see small businesses are those that "move" the economy, and exercising such degree of pressure will only slow down economic recovery.

My 2 cents :)



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!