News and Information for Gloucester and Mathews, Virginia | Thursday, May 16, 2013 Vol. LXXVI, no. 20 NEW SERIES
subscriber/user login
  • Home
  • About
    • Advertise
    • Subscribe
    • Gazette-Journal Store
    • Contact Us
  • News
    • Gloucester
    • Mathews
    • Business News
  • Opinion
  • Schools
  • Sports
  • Food
  • Obituaries
  • Classifieds
    • Classified Ads
    • Real Estate Ads
    • Place an Ad
  • Real Estate
  • Store
    • Subscribe
    • Find Your Ancestors
    • Books
    • Photo Prints
Home » Business

Wittman addresses Gloucester Chamber of Commerce

Bill Nachman | Posted on Sep 26, 2012 - 11:23 AM Printer Friendly View

Small business is an important part of the overall American economy, Rep. Rob Wittman (R-Montross) said during a Gloucester Chamber of Commerce program Monday morning at Main Street Event Center.

Wittman told the dozen people on hand that one way to help small businesses succeed is to "level the playing field" of the country’s tax laws so that some large businesses don’t receive too many tax breaks.

He said following the program that the ultimate responsibility for a small business’s success or failure is on the individual. "You must have a business plan," Wittman said, something he said many businesses fail to draw up.

Without having a plan it is almost impossible to get bank financing to help launch your business, Wittman said. He said small business owners also would benefit from taking courses offered by planning districts, community colleges and others that offer useful information on the many pitfalls of starting and running a business.

The federal government does make available some grants to assist start-ups, he said.

Part of the reason many small businesses fail, Wittman said, is that they are not adequately financed. He said the industry standard for those starting a business is have capital to keep the business afloat for three years so it has a chance to succeed.

 

To view this article in its entirety, subscribe here. Already an online subscriber? Login Here

{snp_social}
More Business News:
  • Draft plan looks at infrastructure needs for Middle Peninsula’s business community
  • Restaurant promotion to benefit G-M Free Clinic
  • Regional economic numbers adjusted upward
  • Distinction now open one day a week as restaurant
  • Virginia Power seeks approval of rate increase

Support our advertisers

www.gloucestermontessori.org

Subscribers

  • Log in

Pages

  • News
  • Sports
  • Schools
  • Food
  • Churches
  • Business
  • Opinion
  • Events
  • Classifieds
  • Real Estate
  • Obituaries
  • Gazette-Journal Store
  • Photo Prints
  • Weather
Latest Gloucester, Virginia, weather

Links

  • Subscriptions
  • PDF Subscriptions
  • Place an Ad
  • RSS News Feed
  • VA News
  • Printing Services
  • Find Your Ancestors
  • Advertise With Us
  • About Us
  • Newspapers in Education
  • Having trouble with this site?
  • How to Place a Notice
  • Contact Us
  • facebook
    twitter rss

    Special Sections

    weather

    Quick Links

    • Advertise With Us
    • Place a Classified Ad
    • Find Your Ancestors
    • Place a Notice
    • Printing Services
    • Purchase Photo Prints

    Recent Posts

    • Sen. Kaine’s representative to visit Middle Peninsula
    • Mathews to roll out red carpet for cyclists
    • Historic Thomas James Store opens to the public
    • VIMS to hold Marine Science Day Saturday
    • Tribute run has coincidental stop in Gloucester
    • Gloucester Relay to be held this weekend

    Subscribers

    • Log in
    • Download Past Issues (PDF Archive)
    • May, 2013 Archive
    • April, 2013 Archive
    • March, 2013 Archive
    • Subscribe Today!
    Gloucester Mathews Gazette-Journal, 6625 Main Street, P.O. Box 2060, Gloucester, VA 23061 Phone: (804) 693-3101
    © Copyright 2011-2013, Tidewater Newspapers, Inc. All Rights Reserved. | Monday, May 20, 2013 - 11:04 am