GET YOUR OWN BACK

CNN asks “Can Sandy Baruah save the SBA?

Since the SBA is the US federal government’s Small Business Administration, perhaps the question ought to be “Should he bother?”

There is something inherently wrong in the very concept of government, especially national government on a scale too big to handle anything small, setting up a bureaucracy to “help” small business.

The best way that any government can help small business is to stay out of its way – and abolish as much bureaucracy as possible.

So the best advice to Mr Baruah is “Abolish your own job.”

Since he is obviously going to do nothing of the sort, the best advice to small businesses is to grab any soft money on offer from such organisations, and anything else you can get out of them that might be of use.

Be assured that you are paying for it many times over in high taxes and unnecessary compliance costs, so reclaim a little of your own whenever you get the chance.

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