Chairman of the global board of directors for The Entrepreneurs' Organization and CEO of Lumen Legal, a legal staffing company with 25 employees
Galbenski thinks it is critical for the government to create incentives for small businesses to hire and invest in their business. He says that could come in the form of tax credits when a business owner hires a new worker or permanent accelerated depreciation schedules for new equipment. "Small business owners are holding on to cash right now," Galbenski says. He worries that reluctance to invest and expand could extend the economic downturn.