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Log In / Register | May 24, 2013

Small Business Agency Criticized for Big Business Ties

Posted Tue, 2013-03-19 01:19 by Sam Blake

The SBA's Office of Advocacy is entrusted with representing the interests of small businesses before other federal agencies.

Government Warns Again: Franchises Do Not Succeed More than Small Businesses

Posted Sat, 2012-09-15 14:51 by Don Sniegowski
A troubled KFC franchise in Kentucky gives up on its franchisor and closes its doors for good
A KFC franchisee in Kentucky gives up on its franchisor and closes its doors for good. photo/bluemaumau

LEXINGTON, Ky. — The Small Business Administration has declared yet again to the public that franchises have the same success rates as independent small businesses.

Franchise Loans Difficult to Get

Posted Wed, 2012-09-05 10:13 by Don Sniegowski

Rick Kimsey, a twenty year veteran of the wireless telephone industry, decided he wanted to leave the increasingly competitive market of cell phones and invest where the grass looks greener - health care.

SBA Says Franchises Are 'Proven' Success

Posted Sun, 2012-03-18 15:20 by Paul Steinberg

Utah's top SBA official touts buying a franchise as buying into a proven business model.

10 Most Active SBA Lenders

Posted Tue, 2012-03-13 17:32 by BMM

WASHINGTON, D.C. — Some of America's largest banks are among the ten most active lenders of Small Business Administration backed loans.

Obama Asks for Leaner Govt, Promotes SBA Head

Posted Sat, 2012-01-14 16:43 by BMM
In East Room, Obama asks Congress to give him authority to consolidate federal government agencies
photo: Lawrence Jackson, White House Photographer

WASHINGTON, D.C. — President Obama announced yesterday an initiative to merge commerce-related departments of the federal government into one entity and to promote the Small Business Administration head to Cabinet member. Franchisor and franchisee advocates are generally positive about the move.

Small Business Lending Declines

Posted Fri, 2011-10-14 10:57 by BMM
Small business lending and gross domestic product, june 2005 - june 2011
Source: U.S. Small Business Administration Office of Advocacy

WASHINGTON — A quarterly report released today from the Small Business Administration shows that lending to small businesses continues to shrink.

SBA Liar Loans Are Not Surprising

Posted Mon, 2011-10-03 16:58 by Bob Snelling

Regarding the current exposé by Blue MauMau on bogus franchise loans by bankers, loan brokers and franchisees in order to have Small Business Administration-guaranteed loans for otherwise bad investments...

Liar Loans Pt 5: Different Books for Different Folks

Posted Mon, 2011-10-03 10:09 by Don Sniegowski
See no evil, hear no evil, speak no evil
Representing the franchise lending process? photo/rose robinson

LEXINGTON, Ky. — Franchisees of Huntington Learning Center, The Coffee Beanery and more say that the system was stacked against them. What irks them is that their franchisors had access to the real numbers while they struggled to get a scrap of financial information, any information, from a single store.

Liar Loans Pt 4: SBA Franchise Lenders Hit

Posted Fri, 2011-09-30 02:29 by Don Sniegowski

franchisees, tax payers and investors feed bankersLEXINGTON, Ky. —Franchisees aren't the only ones who have been hurt by bad SBA liar loans backed by tax payer dollars.