On February 26, 2016, a revised definition became effective. Under the new definition, many more businesses can qualify as “small” and, thus, can be considered for SBA-backed loans. The change does nothing to help really small businesses (e.g., those with fewer than 50 employees that are considered small for ACA purposes), and could be harmful by channeling SBA loan dollars to larger firms. Time will tell.
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health