There is an accepted belief in politics and generally in the economy that small business is the engine of the American economy. But recently there has been a backlash with people trying to make a case that larger corporations are really the economic engine – creating more jobs and driving larger revenues. And sometimes it seems like government agrees – for all the rhetoric from both parties, very little is actually done to make things better for small businesses specifically. So who is right?
This infographic from OnDeck Capital has some of the answers. But it also highlights how much small businesses are in fact in danger from big business moving in and homogenizing local markets throughout the US. Here at Yahoo! Small Business Advisor we are obviously small business partisans – but every big business was a small business first. And the new legal and political rules categorically do favor larger businesses which can afford to support SuperPACs and lobbyists to drive regulation thatRead More »from Small Business Rising