According to Business Week, the U.S. House passed two measures aimed at removing barriers to investments in closely held firms. “What we’re doing is giving investors the power, the opportunity and relieving this restriction that prevents them from having an equity stake in their favorite business, their favorite idea, their local coffee shop, their favorite band or even the next Facebook,” Patrick McHenry, a North Carolina Republican and the sponsor of the measure, said on the House floor before the vote. This is great news for the main street business or small to mid size business that needs investment dollars. Small business is the way to get America working again.
In a recent Gallup poll, 79 percent of America felt that small businesses owners were the most trusted people who have the ideas for creating and stimulating jobs.
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