Small Business

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Weekly Update Newsletter - January 2017 #2

GOVERNMENT CONTRACTS - Federal Acquisition Regulation; Federal Acquisition Circular 2006-95 - This Federal Acquisition Circular provides a summary presentation of final rules issued by the Department of Defense...more

Why is it Time for an Annual Checkup for Both You and Your Company 2016 Version

Over the past few years many of you probably read my blog regarding having a checkup for you and your business. This does not involve the doctor, but it does involve all the other professionals in your personal and business...more

Top Legal Issues Facing the Automotive Industry in 2017

Foley’s Automotive Industry Team has prepared this report that examines what the litigation, enforcement, and regulatory landscape will look like in 2017. Inside, you will learn about: - Managing warranty, recall, and...more

2016/2017 Labor & Employment Observer

Activist NLRB Created More Problems For All Employers in 2016 - What Happens Under President Trump? During 2016, the National Labor Relations Board (NLRB or the Board) maintained its generally pro-union, anti-employer...more

Government Contracts Increasingly Further Labor-Policy Goals

This past year, the federal government implemented a variety of rules requiring that its contractors meet certain fair-labor requirements. For example, a federal rule finalized in September requires federal contractors to...more

SBA Increases Leverage Available to Family of SBIC Funds

On Dec. 28, 2016, the U.S. Small Business Administration (SBA) amended Section 521 of the Consolidated Appropriations Act to increase, from $225 million to $350 million, the maximum amount of leverage available to two or more...more

New Year brings new SBA financing rules

The Small Business Administration (SBA) has been a supportive, albeit imperfect, partner in helping franchisees obtain financing and thus helping franchise systems grow. Among other things, the SBA guarantees a significant...more

Lower Tier Small Business Subcontracting Plan Credit Finally In Sight

Right before the tail end of 2016, SBA delivered its long-awaited Final Rule regarding lower-tier small business subcontracting plan credit. Implementing directives initiated by Congress in the 2014 National Defense...more

SBA Corrects Discrepancy in Small Business Joint Venture Rules

On December 23, 2016, the U.S. Small Business Administration (“SBA”) issued a technical correction to its July 25, 2016 final rule regarding the new mentor-protégé program for all small business concerns to address an...more

Weekly Update Newsletter - January 2017

GOVERNMENT CONTRACTS - Memorandum: Implementation of Defense Federal Acquisition Regulation Supplement Final Rule 2016-D002, Enhancing Effectiveness of Independent Research and Development On January 4, 2017, the Under...more

Sustainable Development Update - January 2017

Sustainable Development Focus - Why is improving the efficiency of small businesses so challenging? - Greentech Media - Dec 28 - Many voices have highlighted the expected leadership role of private-sector...more

DBE Contracting Opportunities under the Trump Administration

With President-elect Trump’s promise to turn America’s crumbling infrastructure into an opportunity for accelerated economic growth, there are likely to be significant investments in the next four years in transportation,...more

SBA Expands and Clarifies Ability of SBICs to Finance in Passive Businesses

New SBA rule affects the holding company and the blocker corporation exceptions for SBICs’ financing passive businesses. On December 28, the U.S. Small Business Administration (SBA) released a Final Rule modifying its...more

2016 Antitrust Year in Review

Wilson Sonsini Goodrich & Rosati is pleased to present its 2016 Antitrust Year in Review. In this report, we summarize the most significant antitrust matters and developments of the past year. We begin with a look at the...more

SEC Small Business Advocate Act of 2016

President Obama on December 16, 2016, signed into law the SEC Small Business Advocate Act of 2016. During a period of exceptional political division, it was noteworthy that the Act passed with bi-partisan support and...more

My 2017 Crowdfunding Wish List

2016 brought with it many developments in the crowdfunding industry, most notably the introduction of the long-awaited Title III crowdfunding rules. While admittedly not all crowdfunding legislation passed this year was as...more

Investing in Small Businesses Through SBA’s SBIC Program

We work with many firms that have or would like to invest in small businesses. One of the biggest issues for an investor in a small business is the potential that the investment will create an affiliation between the investor...more

Alert: Republican FCC Commissioners Fire First Shot in Next Network Neutrality Battle

In a statement released on Friday, December 16, and a letter to leaders of industry trade groups released on Monday, December 19, Michael O'Rielly and Ajit Pai, the two current Republican FCC commissioners, began the next...more

The New SBA Addendum

Effective January 1, 2017, any franchisor that wants to offer SBA guaranteed financing for its franchisees will use a single, two-page form addendum. In a notice issued just before Thanksgiving, the SBA announced that it...more

President Signs SEC Small Business Advocate Act into Law

On December 16, 2016, President Obama signed H.R. 3784, the SEC Small Business Advocate Act of 2016, into law just six days after it was approved by the Senate....more

Mentor-Protégé Joint Venturing: Friend or Foe?

With the arrival of the All Small Mentor-Protégé Program, the question of how to structure teaming relationships has come to the forefront of many contractors’ minds. This is especially true because companies in approved...more

CFPB announces 2017 fair lending priorities

In a blog post published last Friday, Patrice Ficklin, Associate Director of the CFPB’s Office of Fair Lending, outlined the CFPB’s fair lending priorities for 2017. Ms. Ficklin wrote that, going forward, the CFPB will...more

Protect Against Cyber Attacks: A New Guide to Help Small Businesses

No business is too small to be the victim of a cyberattack. In fact, as larger companies invest more resources in cybersecurity, attackers are beginning to target smaller, less secure businesses. It is important for every...more

Trump Taps Linda McMahon to Lead SBA

On December 7, 2016, President-elect Donald Trump announced he will nominate former professional wrestling executive Linda McMahon as the head of the Small Business Administration. McMahon, 68, is the former CEO of the WWE,...more

Senate Passes SEC Small Business Advocate Act

On December 10, the Senate passed H.R. 3784, the SEC Small Business Advocate Act, without amendment and by unanimous consent. The measure, which was passed by the House in February 2016, is now cleared for the President to...more

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