SBA Redefining ‘Small’, U.S.-Canada Trade Dispute Widens, AI Sticker Shock

As if small businesses didn’t have enough daily challenges, now the federal agency that’s supposed to have their back is redefining what it is to be small. The SBA proposes granting large conglomerates eligibility to compete for the same small business funding pot and resources. Host Gene Marks says such a move will create additional barriers. From barriers to borders, the Canada-U.S. trade standoff has the two lobbing massive percentage spikes on top of imported goods, so Gene offers a few workarounds. In AI news, Google sees prices for tech becoming cost-prohibitive so it proposed a pay-as-you-go plan, which Gene says could work but owners should do a cost analysis. Listen to the podcast.

Topics:

00:00 – Introduction

00:57 – SBA Plans to Redefine Small Business

03:56 – U.S.-Canada Trade Dispute

07:32 – Google Proposes Pay-As-You-Go AI Plan

10:29– Episode Wrap-up

Additional Resources

Meet Paychex: https://bit.ly/3VtM6bs

Mid-Year Check-In: https://bit.ly/midyear-compliance-checklist

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