Learn English: Small Business Owner Faces Uncertainty Amidst Government Funding Changes (hard)

3 days, 12 hours ago

Small Business Owner Faces Uncertainty Amidst Government Funding Changes

Taelor Salmon's government contracting firm, TJS Group, heavily relies on funding designated for disadvantaged businesses.

A significant portion of their revenue comes from these programs, creating concerns about potential future alterations.

Upcoming changes in government policy, particularly regarding the 8(a) program, pose a considerable risk to TJS Group's stability.

Salmon emphasizes the importance of proactive measures, diversification, and competitive bidding to mitigate potential negative impacts.

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Source

Original: Business Insider

Tags

#government contracting #small business #minority-owned business #SBA funding #8(a) program

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