Finance expert Mike Periu on the financial challenges that may lie ahead for small-business owners. What to Expect in the Next Four Years?
The next four years may prove challenging for small-business owners. According to Dr. Jeffrey Cornwall, the Jack C. Massey Chair in Entrepreneurship and Director of the Center for Entrepreneurship at Belmont University in Nashville, Tenn, it is a near certainty that taxes on small businesses will increase. This includes the potential approval of a Value Added Tax (VAT).
The trend of increasing regulations will continue, which will increase the lead time to launch projects and the administrative costs of management. Healthcare reform will remain an unknown, as the agencies tasked with implementing the reform are still working out the details.
Who is Mike Periu?
Mike Periu is the President of Proximo, LLC, a company that markets education and training programs to small business owners, entrepreneurs and consumers.
Mike Periu has been interviewed over 500 times for broadcasters including CNN, NBC TVE, RTE and others. Mike is a contributing author to OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike graduated from Georgetown University in Washington, DC. His degrees are in Finance and International Business. In addition to his work Mike is also on the Board of the Council for Economic Education.
A little about Mike Periu
Periu founded Proximo, LLC nearly 15 years ago. The company provides small business education and training services with an emphasis on finance and technology.
Periu teaches empowerment through entrepreneurship and economic opportunity. He regularly appears on television and radio talking about these subjects.
Periu also writes for leading blogs about finance. These include: American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Periu studied Finance and International Business at Georgetown University. He is a Board member at the Council for Economic Education.