Economic growth vs budget deficit?
As the government tries to reduce the budget deficit, what do you think is the best use of our budget to get maximum economic growth? Where should the money be invested for small businesses?
Jef Lippiatt Owner at Startup Chucktown
I think one thing that would be great for all small businesses is reduced redundancy (aka more intuitive processes).
Many times there are multiple applications you have to log in to (everything from filing forms, requests, paperwork, taxes, etc.) Those should be streamlined into a single application (1 username 1 password).
Make all deadlines publicly published and send out systematic, automated emails reminding business owners of the upcoming deadlines.
Eliminating bureaucracy that stands in the way of getting a business officially started would be a great help for many.
I would say one other option would be to provide Innovation Incentive Grants/Funding. If a business creates a service or product that leads to more jobs within that State/Coun.try (of a certain level) or has the potential to make a meaningful (positive) impact on the overall economy