answersLogoWhite

0


Best Answer

Reduce regulatory burdens upon businesses; repeal Sarbanes-Oxley, Dodd-Frank and Obama Care ... to add certainty to the market place and reduce the financial burden upon entrepreneurial companies.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What actions government should take to encourage people to become an entrepreneur?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How entreprenuership start?

More entrepreneurship start with an idea. By having an idea, the entrepreneur will then create a business plan in order to know how their business will run. Finally, once everything is organized, the person will register their business with the government to become fully known as a business.


What does the term Entreprenology mean?

Entreprenology is the study of being an entrepreneur. It studies how to build, operate and sustain a business. It also teaches the necessary knowledge and skills for people to become entrepreneurs.


Who are considered entrepreneurs?

"Entrepreneur" is someone who can create an idea, it can be either a product or service. Executing idea in a better way and to get better result out it is the main task of an Entrepreneur. To be a successful Entrepreneur, one must excel in qualities like taking risk, quickly adapting to a situation, confidence and determination to get things done. And off course experience plays an important role. smmart Training & Consultancy Services Pvt. Ltd. smmart will really help you to become a successful entrepreneur. smmart is endowed with intensely talented and passionate Trainers and Coaches who bring with them, their rich experience of entrepreneurial mindset.


Why small business become so popular these days?

Small business are started by an entrepreneur who puts in his efforts to build the company and earn profits. Due to the disadvantages of Big corporates, small businesses are flurishing. Small businesses are popular because: they come up with a new idea they try to do some thing which never existed before they get venture capital funding they become more successful in a small duration of time if the business is good, the returns is also good An entrepreneur can explore his own ideas and can show his creativity


If i fail to pay employee taxes when I'm in business can the government garnish my pay check when i get a job for those taxes?

The answer is YES they can. The payroll taxes are assessed as a Trust Fund Penalty once the business has closed. If the business is Incorporated a small percentage of the payroll tax will die with the defunct buiness but the remainder is assessed to the officers/owners of the corporation as a personal liability and therefore can become open to any collection actions the IRS deems necessary. If the business is NOT Incorporated the payroll tax becomes 100% a personal tax liability and therefore can become open to any collection actions the IRS deems necessary. The answer is YES they can. The payroll taxes are assessed as a Trust Fund Penalty once the business has closed. If the business is Incorporated a small percentage of the payroll tax will die with the defunct buiness but the remainder is assessed to the officers/owners of the corporation as a personal liability and therefore can become open to any collection actions the IRS deems necessary. If the business is NOT Incorporated the payroll tax becomes 100% a personal tax liability and therefore can become open to any collection actions the IRS deems necessary.

Related questions

How long does it take to become an Entrepreneur?

There is no specific time frame that it would take to become an entrepreneur. This will depend on one's ambitions and if they have the traits that define an entrepreneur.


How being an opportunity seeker can help become a successful entrepreneur?

to become a succesful entrepreneur,you need to have the PEc of the opportunity seeker...


What education is needed to become an entrepreneur?

none


Is an entrepreneur born or made?

Anyone can become an entrepreneur either born or made doesn't really matter.


Which of these actions by the Han dynasty reflects the meritocracy system?

Men of any social class were eligible to become government officials.


Why did Alan sugar become a entrepreneur?

because he is dench


How does one study to become an entrepreneur?

If you want to become an entrepreneur you should probably take some sort of business classes and talk to other entrepreneurs to see how they did it and learn what works and what doesn't.


How did Emeril Lagasse become an entrepreneur?

No Because I Take A Career Class And We Named All The Entrepreneur's And We Didnt Say This Persons name


Why is it that every typical entrepreneur can become a business manager but not all business managers can become entrepreneur?

Entrepreneur is someone who has an idea (or knows someone who has an idea) and invests his money into making a product or a business. They are willing to put their money into a situation where it can make money or lose money.


Why do people choose to become entrepreneur?

The people choose to become entrepreneur because they can start their own business based on the belief than can make their better product and to provide a better product to the companies...


What attribute does it take to become a successful entrepreneur?

Problem solving ability


How u can learn business marketing. How to become an Entrepreneur?

Get opportunity to flourish