aem120-9-14 - 9/14 Chapter 4 The Role of Government...

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9/14 – Chapter 4: The Role of Government Government Policies and regulations o May make it harder or easier to start and run a new venture o Gather relevant information on the government policies and regulations that will affect a new business o Shelia Black (BET) You need to know the tax laws and must need to keep receipts and shit o Small Business Regulatory Enforcement Act o Unfunded Mandates Reform Act o Small business Innovation Research Program (SBIR) o 8(a) Business Development Program o Small Disadvantaged Businesses o HubZone Empowerment Contracting Program o Amy Arrigo (Lincoln Financial Group) Government incentives and promotion o Tax Incentives Reduction of Marginal Tax Rates Growth of New Ventures Depreciation Location in certain geographic regions Renovations and improvement of older buildings Tax Credits Bill Higgins (Saratoga Garlic) Initiatives on disadvantaged groups Legal Forms and Taxes o
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