Government and Economy
Microlenders Growing Fast
As banks continue to freeze lending, more small-business owners and would-be entrepreneurs are turning to microlenders, organizations that offer smaller loans ranging from as little as $500 to $35,000, as a viable alternative. WSJ.com
Senate Proposal Sends Remaining TARP Money to Small Business
In a nonbinding vote, the US Senate endorsed a proposal to use the remaining funds in the Treasury Department’s Troubled Asset Relief Program (TARP) to help small businesses. Bloomberg.com
Management and Financial Issues
By Charles M Cooper · April 03 2009
small business brief, marketing, small business, economy
Government and Economy
Mills: Small Business Aid is Coming
During her Senate confirmation hearing, incoming Small Business Administration chief Karen Gordon Mills acknowledged the agency's troubles while maintaining that the SBA's problems are fixable. CNNMoney.com
Report: Small Business Job Loss Up
According to a new ADP National Employment Report, small companies are shedding jobs as fast, if not faster, than large firms, which is very unusual in recessions. WSJ.com
By Charles M Cooper · April 02 2009
small business brief, marketing, small business, economy
Government and Economy
Lenders Reject Obama Plan for Small Business
President Obama's $15 billion initiative to spur small business lending has been rejected by every major provider of these kinds of loans. They say the plan simply will not work. WashingtonPost.com
As SBA Guarantees More and More...
...fewer and fewer firms are borrowing. While the government measures may help some businesses, the rest are looking for great economic improvements before looking for loans. Kiplinger.com
By Charles M Cooper · April 01 2009
small business brief, marketing, small business, economy
Government and Economy
Federal Confusion Stifling Credit Flow
The federal government wants banks to lend more money to small businesses, but demands from federal regulators for more capital and higher deposit insurance premiums, and fears about what Congress may do next, are choking off the flow of much-needed money. MSNBC.com
Small Businesses Need Relief, Too
On Main Street, small businesses have been hit hard by the recession. Unable to obtain affordable capital and often in need of technical assistance to help them survive, many small businesses—needing direct help—are closing their doors and laying off workers. Reuters.com
By Charles M Cooper · March 31 2009
small business brief, marketing, small business, economy
Government and Economy
GOP Continuing Fight With Dems Over Small Business Taxes
While there would be only a few small businesses that would see a tax increase under President Obama's budget plan, those companies in line for higher taxes employ the most workers and could be hit hard. ABCNews.com
SBA Raises Surety Bond Limits
The SBA is raising the guarantee ceiling on contractor surety bonds to $5 million, more than double the previous $2 million ceiling. BizJournals.com
Congress Not Consulted About Wagoner Ousting
By Charles M Cooper · March 30 2009
small business brief, marketing, small business, economy
Government and Economy
UN Planning for Big Economic Changes
A UN document on "climate change" envisions trillions of dollars in wealth transfer, millions of job losses and gains, new taxes and tariffs, industrial relocations, subsidies and complex payments for greenhouse gas abatement schemes and carbon taxes—all under UN supervision. FoxNews.com
Consumer Spending Rises
Consumers increased spending for a second straight month in February even though their incomes slipped due to continuing massive layoffs. Associated Press
Management and Financial Issues
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By Charles M Cooper · March 27 2009
small business brief, marketing, small business, economy
Government and Economy
Saving Small Businesses by Buying Local
Tired of seeing local small businesses being ravaged by the recession, some people are trying to reverse the fortunes of mom-and-pop stores by organizing their towns to “buy local.” WSJ.com
Military Contracts: Big Help for Small Businesses
With the economy the way it is, some small businesses are finding both safety and profits in pursuing military contracts. NYTimes.com
By Charles M Cooper · March 26 2009
small business brief, marketing, small business, economy
Government and Economy
Key Republican Changes Position, Now Opposes Card-CheckSenator Arlen Specter's vote may determine the fate of the pro-union card check bill, which would make it easier for workers to form unions. He declared his new opposition to the bill in a March 24 th Senate floor speech. Workforce.com
SBA Launches Online Community for Small Businesses
SBA’s Business Gateway Program has launched the first government-sponsored online community built specifically for small businesses, Community.Business.gov. Small Business Administration
By Charles M Cooper · March 25 2009
small business brief, marketing, small business, economy