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What is the government’s role in the success of small businesses?

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Question added by Mariam Eid , Marketing and Communications Manager , Executive Solutions
Date Posted: 2015/07/15
Wali Abdul-Salaam
by Wali Abdul-Salaam , Director of Community Services , City of Orange Township

Governments should offer incentives to small businesses like corporate tax breaks, access to grants/loans, and seminars to help improve quality, aptitude and acumen.  Many small businesses are also faced with increased costs directly resulting from market increases, e.g., health care costs could debilitate a small fledgling operation.  Governments should foster and facilitate that companies of a certain size be placed in larger insurance risk pools to reduce costs.

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