The Small Business Administration (SBA) Essay

Decent Essays

The Small Business Administration “aids, counsels, assists, and protects the interests of small business concerns.” They assist small businesses by providing them with whatever is necessary and will not stop until they get the business to be successful without their assistance. Although they are not able to give the business all of the necessities they need, they do their best and as much as they can do. Their motto is, “Aid, counsel, assist, and protect insofar as is possible, the interests of small business concerns.”
The U.S. Small Business Administration, is also known as the SBA. It was established on July 30, 1953. The Small Business Administration’s main offices are located in the United States, but they do help with many countries …show more content…

The Small Business Administration has many roles in the global and the national economy. One role the SBA has is that it helps many businesses around the world. Some places in the world that the SBA helps are the U.S. Virgin Islands, Guam, and Puerto Rico. Another role that the SBA has is that they help with business that may have had some hard times with the economy. The economy can be very bad at some times and some businesses can get all they help they can get for this business to be running smoothly. Luckily, the SBA wants to help those businesses. They want to better the small business by giving loans to them if they qualify it. Many people have their own views on the Small Business Administration. Two women who know about the SBA have their own opinions about the overall administration in an article called, “Should the Small Business Administration be Abolished?” The women’s names are Veronique de Rugy and Barbara Kasoff. Ms. de Rugy wrote a small article with the title, “Yes: It Is a Waste of Money.” Ms. Kasoff goes against what Ms. de Rugy and creates an article with the title as, “Its Role Is a Crucial One.” In Ms. de Rugy’s article she goes off saying, “...the SBA hurts more small businesses than it helps, wastes taxpayer money, and distorts economic activity.” Opposing what Ms. de Rugy said Barbara Kasoff believes that, “About half of the people who work in this country are employed by a small business.” She also

Get Access