Government, Politics and the Economy
Will Small Business Get a Bailout Afterall?
The Obama Administration is considering a plan to use money from the $700 billion TARP program assist millions of small businesses, which officials now say are essential to any economic recovery because they employ so many people. WashingtonPost.com
Employment Legislation: Two Ways to Get it DoneThere are two bills making their way through Congress, and they illustrate the starkly different ways that important employment-related legislation is created in Washington. Workforce.com
Management and Operations
By Charles M Cooper · July 13 2009
small business brief, marketing, small business, economy
If you are planning to start a new business this year, you must be aware of your responsibilities regarding federal taxes. Here are the seven things that the IRS considers vital for you to know if you plan on opening a new business this year.
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1. Business Structure
First, you must decide what type of business entity you are going to establish. The type you decide upon will determine a great deal about your taxes, such as which tax forms you have to file. The most common types of bus...
By Charles M Cooper · July 13 2009
small business, taxes, irs
Tips from July 10, 2009 The Small Business tips today will be about time management.
Spend most of your day doing what you do best. Allocate 60-70% of your day doing what impacts your business the most.
Create a daily plan & stick to it. Stick to this schedule & post it around your business for everyone to see what you’re up to.
Keep a calendar at your business to have easy access to future events. This helps to coordinate your day with everyone else’s.
Be thorough when you contact people. Leave detailed messages with contact information, business information, & what you need.
Daily Overview: Make the best of every minute of your business day and accomplish your goals.
By Cheryl Sowa · July 10 2009
small business tips, small business, time management, plan
Small businesses that would otherwise have difficulty securing private equity or venture capital may now find funding easier to get as a result of changes made as part of the American Recovery and Reinvestment Act to the US Small Business Administration’s Small Business Investment Company (SBIC) program.
“The Recovery Act expands SBA’s venture capital program to increase the pool of investment funding available to the Small Business Investment Companies licensed by SBA,” said SBA Administrator Karen G. Mills. “We believe those companies will be better equipped by these changes to help sustain and grow small businesses for their next important growth steps.” SBICs are privately owned and managed venture capital firms which are licensed and regulated by SBA. SBICs use a combination of funds raised from private sources and money raised through the use of SBA guarantees to make equity and mezzanine capital investments in small businesses. There...
By Charles M Cooper · July 10 2009
small business, sba, stimulus, sbic
Government, Politics and the Economy
Senate Considers Medicare Tax on Capital Gains to Fund Health Plan
According to insiders, the Senate Finance Committee is considering whether to apply Medicare taxes to capital gains and other non-wage income to help pay for healthcare reform. Bloomberg.com
Management and Operations
The Equity Factor
People try to keep a balance between what they contribute to a relationship and what they get back from it. When they feel little or no return on that investment, engagement slips dramatically. The employer-employee relationship is no different, and that ca...
By Charles M Cooper · July 10 2009
small business brief, marketing, small business, economy
Tips from July 9, 2009 The Small Business tips today will be about getting rid of the clutter and cleaning your desk.
Clean out your desk drawers & designate a purpose for each one. Example: supply, personal, and brand/logo drawers.
Only keep supplies you use on a regular basis on your desk: several pens/pencils, stapler, post its, notepad, and calendar.
Consider buying multifunctional equipment: all-in-one printer, scanner, copier & fax machine eliminate clutter & allow space.
Keep quirky items to personalize your desk that don’t get in the way of necessities: pictures, posters, comics or mementos.
Daily Overview: A cluttered desk shows others you are not focused about your job. Get organized and get serious.
By Cheryl Sowa · July 09 2009
small business tips, desk, supplies, clutter
Government, Politics and the Economy
Does The Small Business Majority Represent You? Don't Bet on It!
They conduct polls and claim to represent all small business by not representing any particular small business. Who are they and what are they all about? We have some answers. NYTimes.com
Obama's Health, Energy Legislation Facing Democrats' Questionable Support
The fates of President Obama's top two priorities: extending health coverage to the uninsured and reducing greenhouse gases, rest in the hands of a group of pivotal Democratic senators, and so far they don't seem convinced. Bloomberg.com
Management and...
By Charles M Cooper · July 09 2009
small business brief, marketing, small business, economy
We often say that you judge a company not by what it does right, but by how it fixes things when it does wrong, and United Airlines did a big wrong to musician Dave Carroll and his band, Sons of Maxwell. While sitting on the tarmac at O’Hare International Airport in Chicago, they looked out the window and saw the baggage handlers throwing their guitars around. That was the beginning of a long and painful ordeal with United, but why don’t we let Dave tell the story?
Dave has written a more detailed version of his ordeal on his
By Charles M Cooper · July 09 2009
small business, customer service, united, dave carroll