It is apparent that business owners are going to have to take various aspects into account, loans amongst them. However, it has not exactly been easy to attain these as of late, especially when given the various restrictions that have been placed. Even though there has been concern on the matter, the hiring of a new administrator for the Small Business Administration stands a chance of helping matters matter. If nothing else, I'd have to believe that the impact of CFO services would be more positive.
According to an article on the Republic, President Barack Obama recently appointed a new administrator for the Small Business Administration. Obama chose Maria Contreras-Sweet, who has a reputable job history to consider. She previously worked for the California Business, Transportation and Housing Agency in addition to ProAmerica Bank. With these in mind, it goes without saying that Contreras-Sweet has a wealth of experience to consider in terms of finances. However, she is also quite savvy as far as helping small and medium-sized businesses is concerned.
The previous year was a troubling one when considering the interactions of small businesses and the SBA. The goals of the SBA were not met on time and companies were not left in the best of financial shape. It's clear that the business world possesses an element of trust; if goals are put forth and are not being met on time, chances are that individuals will be hesitant to interact with those entities again. Without much room for businesses or job openings, it's easy to see why the SBA has struggled.
It's hard to deny that Contreras-Sweet has a stellar background to consider and I feel as though it will help her when tackling the current challenges of the SBA. The Republic stated that because of the troublesome nature of attaining loans, amongst other factors, businesses have not been very confident as far as federal matters were concerned. It's an important point to consider and it's one that should have the attention of authorities such as CFO Consulting Services. If Contreras-Sweet can take on the challenge, perhaps CFO services can become more beneficial.
The best course of action that Contreras-Sweet can go about now, from what I have seen, is simply attempt to ease the problems that exist within SBA. It's out of the question to think that issues in the way of finances are going to be solved in a day, which is why the process has to be gradual. Improvements have to be seen so that companies can observe and determine whether they can put their trust in the SBA again. Hopefully this will happen sooner as opposed to later.
According to an article on the Republic, President Barack Obama recently appointed a new administrator for the Small Business Administration. Obama chose Maria Contreras-Sweet, who has a reputable job history to consider. She previously worked for the California Business, Transportation and Housing Agency in addition to ProAmerica Bank. With these in mind, it goes without saying that Contreras-Sweet has a wealth of experience to consider in terms of finances. However, she is also quite savvy as far as helping small and medium-sized businesses is concerned.
The previous year was a troubling one when considering the interactions of small businesses and the SBA. The goals of the SBA were not met on time and companies were not left in the best of financial shape. It's clear that the business world possesses an element of trust; if goals are put forth and are not being met on time, chances are that individuals will be hesitant to interact with those entities again. Without much room for businesses or job openings, it's easy to see why the SBA has struggled.
It's hard to deny that Contreras-Sweet has a stellar background to consider and I feel as though it will help her when tackling the current challenges of the SBA. The Republic stated that because of the troublesome nature of attaining loans, amongst other factors, businesses have not been very confident as far as federal matters were concerned. It's an important point to consider and it's one that should have the attention of authorities such as CFO Consulting Services. If Contreras-Sweet can take on the challenge, perhaps CFO services can become more beneficial.
The best course of action that Contreras-Sweet can go about now, from what I have seen, is simply attempt to ease the problems that exist within SBA. It's out of the question to think that issues in the way of finances are going to be solved in a day, which is why the process has to be gradual. Improvements have to be seen so that companies can observe and determine whether they can put their trust in the SBA again. Hopefully this will happen sooner as opposed to later.
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