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NEXT EVENT |
Please join us for
our next Regional Regulatory Reform Roundtable event. Registration is free.
Register here:
Glen Allen, VA –
October 16, 2017
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NEW ADVOCATE
Mitch Tyner Appointed Senior Advisor/Director of Regional Affairs
Mitch Tyner, an experienced lawyer and small
business owner and investor from Mississippi, has joined the Office of Advocacy
as a Senior Advisor to the Chief Counsel and Director of Regional Affairs. In
his new role, Tyner will work closely with the office’s Regional Advocates, who
serve as the direct links between their region’s small business owners, state
and local government agencies, state legislators, small business associations...
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FREQUENTLY ASKED QUESTIONS
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Q: WHAT
IS THE STATUS OF THE STARTUP MARKET?
A: Average
employment at startups has fluctuated over the past decade, declining from 6
employees per firm in 2004 to 5.6 employees per firm in 2013.
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Q: HOW ARE SMALL BUSINESSES FINANCED?
A: The most common source of capital to finance
business expansion is personal and family savings (21.9% of small firms),
followed by business profits and assets (5.7%), business loans from financial
institutions (4.5%), and business credit cards from banks (3.3%).
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