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July 08, 2008

Top 10 Federal Rules for Review and Reform

Incase you don't stay current with the news from the small business administration; there is a new regulatory review and reform initiative that you should pay attention to. Earlier this year, the SBA Office of Advocacy unveiled the 2008 Top 10 Rules for Review. These recommendations were made by small business owners and their reps for federal agencies to act upon.

The Office of Advocacy is now looking for nominations to rules that need attention in 2009. Make sure you go to the SBA website and nominate and select issues that you believe need the government's attention. Keep in mind that complying with federal regulations costs our economy over $1.1 trillion per year... that can't be right, right? Well it's true. And guess who is paying the brunt of it? One clue, its not big corporations or the average Joe.

We need to work with federal agencies and get involved with the SBA Office of Advocacy. So if you aren't involved, please do so. We all know the bureaucracies of our government and all the red tape we need to go through to resolve issues... that is why it's so important to find outdated and ineffective regulations for federal agencies to review and make changes.

Remember, improving rules improves your business.

~Philip Mathew
Trade Shows Editors

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