The Small Business Administration is a government agency dedicated to supporting and promoting the economy by helping small businesses.
The agency was established in 1953.
The SBA is led by an administrator and deputy administrator who are approved by the Senate.
The agency offers a variety of resources for small businesses, including access to capital, entrepreneurship development, government contracts, and advocacy services.
The SBA loan guarantee program is one of its most visible elements.
A legacy clause is a provision that allows people or organizations to follow the old rules that once governed them instead of the new ones, often for a limited time.
The Multi-Employer Social Security Facility (MEWA) is a way for a group of employers to pool their resources to provide their employees with the best health insurance options.
Voting trust agreements allow shareholders to transfer their voting rights to the trustee, effectively giving the trustee temporary control of the corporation.
Choice 83(b) is an Internal Revenue Code (IRC) provision that gives an employee or startup founder the ability to pay taxes on the total fair market value of the restricted shares at the time of grant.
Carriage and insurance paid until when the seller pays the freight and insurance to deliver the goods to the party appointed by the seller at the agreed place.