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Barbara Weltman

Big Ideas for Small Business, Inc.

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Business formation declining?

September 29, 2014 / By Hudson Fusion

That’s what’s happening, according to recent testimony before the House Small Business Committee. John Dearie, executive VP of the Financial Services Forum, a trade organization in D.C., reported that only 8% of companies are in business less than one year, compared with the 15% rate in effect since the 1970s. And for the first time in 30 years, business deaths (closures, bankruptcies) are exceeding business births. What do you think the government can or should do?

Did you miss this month’s issue of Big Ideas for Small Business®? No worries, you’ll find it right here on my website along with past archived issues. Be sure and sign up to have your own free copy delivered to your inbox each month!

I’m delighted to announce that I’ve been named a Top 100 Small Business Influencer for 2014!  Many thanks for your votes and great support!

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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