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Tips from Friday, May 1, 2009 The Small Business tips today will be about how to use social networking to market your business. The top 3 places to represent most businesses are on Twitter, Facebook and LinkedIn. Maintain consistent presence. Don’t solicit. If you wouldn’t like it, don’t do it to others. Social networking is about being social. Do that instead. Being trustworthy and adding value will add value to your brand and your business: increasing conversions. Have contests, giveaways or special discounts. Encourage interaction. Incentives go a long way. Daily Overview: Participate in the social networks in a way that isn’t off putting and give your network a reason to talk about you.
By Kim Fenolio · May 01 2009 small business tips, marketing, small business, internet
Government and Economy House Forgets Small Business in New Credit Card Reform Bill The Credit Cardholders Bill of Rights, which restricts some aggressive tactics by credit card companies, passed the House but doesn’t apply to small business credit cards even though such cards function the same way consumer credit cards do. BusinessWeek.com Stress-Tests Results Delayed With banks disputing the findings of the recent federal stress tests, the Fed and US banking regulators will now reveal the results on May 7 after the financial markets close. Bloomberg.com
By Charles M Cooper · May 01 2009 small business brief, marketing, small business, economy
Government and Economy Obama: Working to Clear the Economic Wreckage President Obama tried to reassure Americans during his Wednesday evening press conference that he is making real progress in dealing with the recession and improving the US image abroad. However, he urged patience in dealing with these and other issues. Yahoo.com/Reuters Taxes Coming on Digital Goods A number of states are looking to tax digital goods, yet enacting these taxes while trying encourage broadband adoption and develop a low-carbon economy sends the wrong message, according to opponents. ZDNet.com
By Charles M Cooper · April 30 2009 small business brief, marketing, small business, economy
Government and Economy Small Business: Mixed Reviews for Obama's Fist 100 Days Some are happy, others are not. Some feel the president is ruining the economy with taxes, costs and regulations while others take solace in seeing specific agenda items like healthcare reform move forward. WSJ.com Fed Keeps Purchase Targets—A Sign That the Worst of Recession Has Passed The Federal Reserve has decided not to increase its purchases of Treasuries and mortgage securities, saying that the economy is beginning to show some signs of stability. Bloomberg.com
By Charles M Cooper · April 29 2009 small business brief, marketing, small business, economy
Government and Economy Specter's Party Switch Raises Hopes for Card Check Senator Arlen Specter claims that his move to the Democrat Party will not change his vote when it comes to the union-organizing legislation, but a compromise that could allow the bill to slide through may now be easier. BusinessWeek.com House Leader Pushes for Mileage Tax Rep. James Oberstar (D-MN), chairman of the House Transportation and Infrastructure Committee, wants Congress to enact a mileage-based tax on cars and trucks to pay for highway programs now, rather than wait the results of a pilot program, to make up f...
By Charles M Cooper · April 28 2009 small business brief, marketing, small business, economy
Government and Economy The Push for Online Sales Taxes States and the federal government are working hard now to turn e-tailers into tax collecters. In these efforts, some powerful online entities like Overstock.com and eBay stand opposed, while others like Amazon.com are calling for uniformity. BusinessWeek.com Small Business Tax Cuts Dwarfed by Proposed Tax Increases Business owners are watching the President spend more money than any president in history while, at the same time, proposing an extra $1.3 trillion in taxes for business and high earners over the next decade to pay for it. Wash...
By Charles M Cooper · April 27 2009 small business brief, marketing, small business, economy
Government and Economy The Real U.S. Corporate Tax Bill A new study commissioned by BusinessWeek shows that Corporate America pays the IRS anywhere from zero to 400% of income. Where does your business fall on that line? BusinessWeek.com Banking Industry Bracing for Stress Test Results In a slow-motion move designed to blunt market reactions, federal regulators will soon tell the banks—privately—the results of their stress tests and to release the test methodology, which could point to the banks that may be in trouble and alarm depositors and investors. The results will be r...
By Charles M Cooper · April 24 2009 small business brief, marketing, small business, economy
Government and Economy Obama Meets with Credit Card Industry—Wants to End Deceptive Practices Executives from the nation's credit card issuers met with President Obama, who is pushing for consumer protections that go beyond proposals approved yesterday by a US House committee and rules issued last year by the Fed, to argue against new limits on fees and interest rates. Bloomberg.com BofA's Lewis: Feds Pushed Merrill Purchase According to New York's attorney general, federal officials pressured Bank of America Corp. CEO Ken Lewis with threats to his job security to complete the bank's purchase of Merrill Lynch. Breitbart.com
By Charles M Cooper · April 23 2009 small business brief, marketing, small business, economy
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