Perilous time for small business
I am a small businessman.
In fact, our family has a long history of small business ownership that includes gas stations, shoe stores, jewelry stores and beauty shops.
We know the risk that brings. According to the Small Business Administration, 30% of new businesses fail during the first two years of being open and 50% during the first five years.
As a small business, I don’t have the luxury of making reckless real estate loans that bring the nation’s economy to its knees, only to be bailed out.
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