Posted at 1:46 p.m., Thursday, December 6, 2007
Business owners' input sought in federal rules review
Advertiser Staff
The U.S. Small Business Administration's Office of Advocacy is asking business owners to identify federal rules that they believe are in need of reform.The top 10 rules that are nominated by small business owners, trade associations and others will be sent to appropriate federal agencies for review and reform. The deadline to submit a recommendation under the "Regulatory Review and Reform" initiative is Dec. 31.
The Office of Advocacy said that complying with federal regulations costs the economy $1.1 trillion each year. The smallest of businesses bear the brunt of the business regulations and pay 45 percent more per employee to comply than big businesses, the office said.
For information, visit www.sba.gov/advo/r3, or call Keith Holman at (202) 205-6936. Nominations also can be sent to advocacy@sba.gov.
