Business owners have a number of aspects to take into account as far as growth is concerned, loans being one such example. Loans have not exactly been easy to obtain, though, and I feel as though restrictions have been partially responsible for this. Even though companies across the board have been hesitant to interact with the Small Business Administration as of late, the hiring of a new administrator might shift matters in a more positive direction. Is it possible that this shift could lead to CFO services being even stronger?
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.
Last year was especially troubling for small businesses in regards to the SBA. Many of the goals of the company were not met and, as a result, companies were left in financial disarray. No matter what kind of industry a given company may find itself in, when goals are not met and failures on the matter are seen time and time again, individuals may be hesitant to do work with the company in question. Businesses have to be helped and jobs have to be made but both endeavors have seen difficulties.
As much of a background as Contreras-Sweet has, though, it's apparent that she has her work cut out for her. The Republic detailed that a number of small business owners have lost faith on the federal side of things, seeing as how it has been troubling to try to attain loans. This is a problem, to say the least, and it is one that authorities like CFO Consulting Services should place focus on. That being said, perhaps the element of challenge is one that Contreras-Sweet can tackle, thereby positively impacting CFO services in general.
While Contreras-Sweet may not be able to fix every last problem of the SBA right away, this does not mean that she can't make them easier. Financial matters are some of the most important, meaning that they have to be approached carefully. I have to believe that, if Contreras-Sweet can make steady improvements, this will be able to draw the attention of small businesses that might have lost trust in the SBA months ago. It will be because of this level of progress that businesses will become more confident in addressing the SBA.
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.
Last year was especially troubling for small businesses in regards to the SBA. Many of the goals of the company were not met and, as a result, companies were left in financial disarray. No matter what kind of industry a given company may find itself in, when goals are not met and failures on the matter are seen time and time again, individuals may be hesitant to do work with the company in question. Businesses have to be helped and jobs have to be made but both endeavors have seen difficulties.
As much of a background as Contreras-Sweet has, though, it's apparent that she has her work cut out for her. The Republic detailed that a number of small business owners have lost faith on the federal side of things, seeing as how it has been troubling to try to attain loans. This is a problem, to say the least, and it is one that authorities like CFO Consulting Services should place focus on. That being said, perhaps the element of challenge is one that Contreras-Sweet can tackle, thereby positively impacting CFO services in general.
While Contreras-Sweet may not be able to fix every last problem of the SBA right away, this does not mean that she can't make them easier. Financial matters are some of the most important, meaning that they have to be approached carefully. I have to believe that, if Contreras-Sweet can make steady improvements, this will be able to draw the attention of small businesses that might have lost trust in the SBA months ago. It will be because of this level of progress that businesses will become more confident in addressing the SBA.
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