The Small Business Administration (SBA): Question 19 options: helps people start and manage small businesses is a privately-owned company is a financial institution does not have a Web site is accurately described by all of the above

Answered: The Small Business Administration…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Question

The Small Business Administration (SBA):

Question 19 options:

	helps people start and manage small businesses
	is a privately-owned company
	is a financial institution
	does not have a Web site
	is accurately described by all of the above

Expert Solution

Step 1

Small businesses have fewer employees, and their overall revenue is less than regular business corporations. Small businesses include sole proprietorship, partnerships, etc. The benefit of a small business is that it can be able to apply for the government's support and qualification for preferential tax policy which varies across the world.