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October 12, 2006

SBA Turns Web Site Into Compliance Center

The Small Business Administration is unveiling a revamped Web site today to give business owners a centralized source of regulatory information, according to the Wall Street Journal.

Business.gov, formerly devoted to starting and managing a business, now focuses solely on compliance. The site pulls together links from 94 federal agencies' Web sites on business compliance topics ranging from hiring and firing employees to importing goods. New features will be added in coming months, including MyBusiness.gov to let businesses customize the site to their industry. (No association area yet.)

The decision to redesign the Web site came after focus groups of business leaders revealed last year that many small businesses had trouble finding regulatory information online. (And, interestingly, businesses with fewer than 20 employees spend an average $7,647 per worker on compliance, or 45% more than larger firms, according to the SBA's Office of Advocacy.)

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