Business.gov Newly Remodeled For Small Business

Business.gov, which was discussed in a prior blog article, has been revamped and re-released to better serve small businesses and make it easier to maintain governmental compliances.  It's now re-opened for businesses and billing itself as "The Official Business Link To The U.S. Government", providing a one-stop source to compliance assistance resources from all Federal regulatory agencies.

According to busines.gov news releases, "One of the greatest challenges businesses face in dealing with the federal government is the large number of different agencies they must work with, each with its own set of regulations. Each agency organizes compliance information on its Web site differently, which could make finding this information more difficult. Business.gov is intended to address this problem, providing one Internet source for businesses seeking information on how to comply with government regulations. For the first time, businesses can go to one Web site to get this information.
 
The U.S. Small Business Administration (SBA), in a partnership with 21 other federal agencies, manages Business.gov, the official business link to the U.S. government. This partnership, known as Business Gateway, is part of a Presidential e-government initiative of the U.S. federal government to utilize technology to improve how the federal government services citizens and businesses. The Small Business Paperwork Relief Act (SBPRA) of 2002 requires that agencies name a staff contact for compliance assistance. The Web site Business.gov, with its new focus on compliance assistance as of October 2006, provides easy, one-stop access to those contacts as well as compliance information and federal forms from across the U.S. government."

The web site is designed to provide the following benefits to businesses:
·  Helps businesses find compliance information and services by searching multiple government Web sites and by organizing the information into industry and topic categories.
·  Reduces businesses’ time and effort by consolidating compliance information onto one Web site and offering a consistent way to find them.
·  Minimizes business expenses in the form of time savings or cost avoidance.
 
Features of Business.gov
·  Over 20,000 compliance-related documents from 94 government Web sites.
·  Relevant and official government resources.
·  Quick and focused compliance search results.
·  A comprehensive catalog of federal government forms.
·  Directory of knowledgeable government contacts.
·  Links to key industry resources and “how to” information for starting, growing and managing a business.
 
Future Enhancements
In the future, Business.gov plans to offer:
·  State and municipal government compliance information.
·  Ability for users to customize the site to meet their specific needs.

Saving Small Businesses Time and Money
Business.gov is designed to help small businesses save time and money in complying with Federal (and eventually state and local) regulations.  Reducing this burden on small businesses is an important government effort because small business is critical to the U.S. economy. Research sponsored by the U.S. Small Business Administration states that small businesses with less than 500 employees make up 99.7% of the 24.7 million businesses in the U.S., employ half of all private sector employees and pay 45% of total U.S. payrolls. Small business has generated 60-80% of net new jobs annually for the last decade. Additionally, small business makes up 97% of all identified exporters.  (Source: SBA, Office of Advocacy)
 
Source: Business.gov
 

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