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As if small businesses didn’t have enough daily challenges, now the federal agency that’s supposed to have their back is redefining what it is to be small. The SBA proposes granting large conglomerates eligibility to compete for the same small business funding pot and resources. Host Gene Marks says such a move will create additional barriers. From barriers to borders, the Canada-U.S. trade standoff has the two lobbing massive percentage spikes on top of imported goods, so Gene offers a few workarounds. In AI news, Google sees prices for tech becoming cost-prohibitive so it proposed a pay-as-you-go plan, which Gene says could work but owners should do a cost analysis. Listen to the podcast.
Topics:
00:00 – Introduction
00:57 – SBA Plans to Redefine Small Business
03:56 – U.S.-Canada Trade Dispute
07:32 – Google Proposes Pay-As-You-Go AI Plan
10:29– Episode Wrap-up
Additional Resources
Meet Paychex: https://bit.ly/3VtM6bs
Mid-Year Check-In: https://bit.ly/midyear-compliance-checklist
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
