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Small Business Think Tank [This Network is not currently active and cannot accept new posts] | | Topics
Commonsense Approach To The EconomyViews: 191
Feb 02, 2009 6:03 pm re: re: re: re: re: re: Commonsense Approach To The Economy

Reg Charie
Give a man a fish and you will feed his hunger for the day.
Teach the man to fish and he will eat every day, (or until he over fishes and depletes his supply :(

With the huge amounts of layoffs occurring in just about every segment of industry, the US gov't should be setting up programs to teach people how to set up their own businesses.

Our Provincial Government has done this in the past.
Individuals are trained and each step of the process is monitored.

The two step process starts with the client being schooled in proper business functions, licensing, accounting, structure, marketing, and most importantly, the writing of a business plan.
When the plan is submitted for evaluation the client is either advanced into long term support while they structure and open their business, or told to go back and rewrite a better plan.

The plan can also be used to obtain other financing for equipment and start up.

The government only provides support in the neighborhood of about $1500 a month for about a year. Three months are taken for the first training section and then the rest of the year is for the actual business startup.

In all, approximately $18,000 is given as a grant and no deductions are made to this because of business generated revenue.




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