Blog Post

30 June 2015

ALARMING REALITIES FROM AMERICA’S SMALL BUSINESS SUMMIT

During the recent Small Business Summit, Tom Donahue, the US Chambers President and CEO stated an alarming fact  “Indeed, the number of American small businesses has dipped in recent years, Donahue pointed out, while even more troubling, the number of newly created businesses has plummeted.  In fact, studies have shown that existing companies are now closing faster than new ones are starting.  He states “I think we need to recognize that the fundamental strength in this country is the independent, owner-driven small business that basically… ignores the government and all the people who tell them ‘you can’t start that business, that won’t really work.’”  Donahue talks about what we can do about this:    www.uschamber.com/blog/chamber-s-donohue-small-businesses-need-more-trade-fewer-regulations?