TITLE

Financial Implications of the Stimulus Package

AUTHOR(S)
Feldman, Ronald A.
PUB. DATE
June 2009
SOURCE
Franchising World;Jun2009, Vol. 41 Issue 6, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the financial implications of the American Recovery and Reinvestment Act of 2009 signed into law by U.S. President Barack Obama for franchised small businesses. The Small Business Administration states that under the new law, businesses can take a bonus first year depreciation totaling 50 percent of the cost of the purchased capital asset. According to the article, the government did not give much attention to small business in the stimulus, even though it is the primary sources of new jobs.
ACCESSION #
42098385

 

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