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Hi there for the public#39;information this is a video presentation for my administrative law class and therefore was not created for your viewing pleasure you#39’re welcome to watch it and to get any information from it that might be useful for you but keep in mind it was not made specifically for you for my class I'm sorry I wasn't able to be there for your guys'presentations I hope you guys have awesome speeches and I hope that we can have some fun with this video version ofminethe SBA is an agency that basically helps small businesses thrive in American small business is defined as any business that has under 500 employees this includes everything fromself-employed carpenters working from their garages to a local small restaurant almost any idea can be turned into a small business and so the chances for that are infinite according to Forbes com over fifty percent of working um citizens in America are employed by a small business there are almost 28 million small businesses in America and of those 22million are called non employers which means that these small businesses alone person with no employees and then#39’t have a payroll, and they don't have anybody else that they have to be accounted for that means like there are22 million people in America that done#39;have a boss they don't have employees they have total control over their company, and they are only answerable to their clients and so while this provides lot of freedom it can also provide a lot of responsibility and this is where the SBA comes in so what I'm going total to you guys today about is the general focus and history of the agency the financing and capital that it provides as well as some resources and programs that it makes available to small business owner sin addition to helping small businesses and protecting their interests the SBA also aims to preserve free competitive enterprise and maintain and strengthen the overall economy of our nation they make it easier for small businesses to start up and to stay in business with the information they provide as well Ashe loan so that they guarantee through banks and other partners basically the SBA helps to prevent large corporations from monopolizing the nation's economy and from wiping out the little guys before the SBA the federal government made other attempts to stabilize the economy and by supporting businesses first was the reconstruction FinanceCorporation created by President Hoover during the Great Depression and this happened in 1932 President Franklin Roosevelt who was his successor adopted the program when he came into office directly afterwards and continued to try to boost the economy by lending money to businesses of all sizes in World War two smaller businesses were having trouble campaigning for the large government contracts and were therefore missing Mouton the world's biggest customer so in1942 congress created the smaller mo replants corporation to help provide loans for smaller companies and advocate on...
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