All Press Releases for November 28, 2016

Memphis Tier One Review What a Trump Presidency Could Mean For Small Businesses

Sales and marketing firm Memphis Tier One have reviewed and responded to recent claims that Donald Trump could have an extreme impact on Entrepreneurship in the USA.



    MEMPHIS, TN, November 28, 2016 /24-7PressRelease/ -- In what was one of the most cut-throat and unpredictable elections in American history, the 2016 presidential race was won by businessman Donald Trump - sending shockwaves around the world. While many Americans are unsure what the next four years may hold with Trump in power, America's business owners are especially concerned as to Trump's impact on entrepreneurship in the USA.

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For many American's Donald Trump's business journey doesn't sit well with the American dream, which is the ideal by which equality of opportunity is available to any American. Trump's experience in business was not that of a self-made entrepreneur who built his own success up from nothing. In 1971 he was given control of his father Fred Trump's real estate and construction firm - later renamed it The Trump Organization. From this venture, and a significant loan from his father Trump was able to build his business empire and rise to public prominence. Some business experts are concerned that not only is Trump's business experience elitist but that it could impact future entrepreneurship and deter people who are less fortunate from pursuing their entrepreneurial dreams. With economists agreeing up and down the country that entrepreneurs are the backbone of the country's economy, this could have significant repercussions.

Business owners across the U.S are not only concerned by the potential loss of American entrepreneurs. In research conducted by Moody's Analytics in the weeks running up to election night, it was found that the USA could be heading straight for a major recession if Donald Trump was elected. A recession would lead to a significant loss of business for small, independent companies and as a result millions of jobs throughout America could be in jeopardy.

However, despite these worrying claims, Memphis Tier One, a Tennessee-based sales and marketing agency are urging the entrepreneur community in the USA to stay positive. Some of Donald Trump's proposed policies could be set to support American entrepreneurship. The President-elect has spoken openly during his campaign of cutting taxes on businesses, and despite his own journey to business, Trump has experienced entrepreneurship and can empathize with the challenges business owners are up against day in day out. Trump has also proposed plans to offer incentives to businesses to prevent over outsourcing overseas, which could help generate more jobs in the USA.

For Memphis Tier One, entrepreneurship is a crucial part of their business, and the firm is proud to be able to offer young professionals the opportunity to gain entrepreneurial skills. Due to the unstoppable growth of the outsourced sales and marketing industry, the firm has committed to supporting the professional development of the next generation of industry leaders, and offer a range of workshop and networking and mentoring opportunities. While the firm is aware that in many respects the future of entrepreneurship is currently unknown, the company is confident that for those working in outsourced sales and marketing the opportunities for growth and success are still unlimited. This is because the industry can cater to any client budget, and focuses on in-person consumer communication. This delivers a personalized brand experience which guarantees an increase in sales, improved brand awareness and better customer relationships - even in times of economic uncertainty.

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Hemanathan Thambyrajah
Memphis Tier One
Memphis, Tennessee
United States
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