New Rules Favor SD Small Business



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> Jerry Wheeler, executive director of the South Dakota Retailers
Association and several other small business groups, including the National Federation of Independent Business, and the South Dakota and Sioux Falls Chambers of Commerce, led private sector support for the bill.

?The Office of Advocacy saved small business owners over $6 billion in foregone regulatory compliance costs last year alone,? said
Sullivan. ?We did that by bringing the voice of small business to federal agencies early in the regulatory process. The same thing can happen in the states when they adopt small business friendly regulations,? he said.

By listening to small business, state agencies can ensure that small business resources spent on overly burdensome new regulations are instead available for hiring new employees and making new investments. At the same time, agencies still meet their regulatory goals, such as higher environmental quality, greater travel safety, better workplace conditions, and increased family financial security.

The Office of Advocacy, the ?small business watchdog? of the federal government, examines the role and status of small business in the economy and independently represents the views of small business to federal agencies, Congress, and the President. It is the source for small business statistics presented in user-friendly formats and it funds research into small business issues. For more information, visit the Office of Advocacy website at www.sba.gov/advo


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