Business owners tend to rely on a number of different aspects in order to move forward, one of them being loans. One might think that these are easy to come across but the truth of the matter is that there are a number of regulations that can impede such efforts. Can the appointment of a new administrator for the Small Business Administration help matters? I have to believe that, if successful, this will lead CFO services to be much more beneficial for companies that would like to utilize them.
The Republic put up a story that talked about the hiring of a new Small Business Administration administrator by President Barack Obama. The individual who was hired for the job was Maria Contreras-Sweet, who previously worked for the California Business, Transportation and Housing Agency. In addition, she was part of ProAmerica Bank for many years. Its apparent that she has a tremendous background to consider and it is because of her experience that small and medium-sized businesses stand a chance of being assisted in the biggest of ways.
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. Its 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, its easy to see why the SBA has struggled.
With the background that Contreras-Sweet possesses, its clear that she stands a chance of tackling the current challenges associated with the SBA. The Republic made note of the troubles of companies that have been trying to attain loans, leaving businesses less than confident on the federal side of things. This is just one of the reasons why this story is one that should have the attention of organizations the likes of CFO Consulting Services. That being said, if Contreras-Sweet can approach the SBAs current problems with a clear idea, maybe CFO services can benefit from it.
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. Its 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.
The Republic put up a story that talked about the hiring of a new Small Business Administration administrator by President Barack Obama. The individual who was hired for the job was Maria Contreras-Sweet, who previously worked for the California Business, Transportation and Housing Agency. In addition, she was part of ProAmerica Bank for many years. Its apparent that she has a tremendous background to consider and it is because of her experience that small and medium-sized businesses stand a chance of being assisted in the biggest of ways.
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. Its 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, its easy to see why the SBA has struggled.
With the background that Contreras-Sweet possesses, its clear that she stands a chance of tackling the current challenges associated with the SBA. The Republic made note of the troubles of companies that have been trying to attain loans, leaving businesses less than confident on the federal side of things. This is just one of the reasons why this story is one that should have the attention of organizations the likes of CFO Consulting Services. That being said, if Contreras-Sweet can approach the SBAs current problems with a clear idea, maybe CFO services can benefit from it.
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. Its 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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