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Banks Pull Another $1 Billion From Small Business Lending

Management and Operations 21st Century Career Development and Its Implications for Learning and Development There has been a significant change between what career development means in the 21st century and what it meant when our parents' generation, or even when my fellow Boomers, entered the workforce. Management and OperationsFirst Lady Michelle Obama Promotes Work/Life BalanceDuring her visit with 400 employees, Obama touched on an issue that has been central to her professional life—simultaneously managing the demands of home and the workplace. Workfor... [Read Full Article]

A Jump Start for Stalled Small Business Lenders

Management and Operations Marketing Lowdown: Five Steps To Better Retail Displays A recent poll asked average Americans which of their five senses they would least be willing to lose. The result? Overwhelmingly, the eyes have it. But before we can learn anything with our eyes, we must be interested enough to look. Our attention must be captured. Management and OperationsManaging the Direct Marketing Supply ChainA direct marketing offer can reach its potential customers through print mailings, e-mail blasts, Website offerings, television advertising, Internet... [Read Full Article]

Are Your Sales Questions Holding You Back?

Government, Politics, and the Economy Key Week for Obama Starts on Feisty Note President Obama starts off the Tuesday after Labor Day by stressing the importance of his new government-run-health-insurance program, while key senators collaborated for a bipartisan deal. Management and Operations Hiring Without the Headaches Salary, taxes, and benefits are just some of the worries that arise for entrepreneurs when they decide to add on to their workforce. Small businesses need to have a hiring process in place to effectively hire employees for their small businesses. Management and Operations Prioritize the Customer Experien... [Read Full Article]

5 Important Exceptions to Know Regarding Minimum Wage

On July 24th, 2009, the minimum wage was raised to $7.25. To employees, this meant another $2,000 per year added to their income, and to employers it meant an even larger headache. Minimum wage is the state and federal law that requires employers to pay their employees a minimum hourly wage. This wage is set up by the federal government, but each state, city, and county is free to impose it's own minimum wage or "living wage." The employer is held accountable to pay the highest--federal, state, or local wage.Understanding the Relevant LawThe Fair Labor Standards Act (FLSA) increased the minimum wage over three years, 2009 being the last section of the law passed. The average employer must abide to the FLSA provisions if: (1) the business earns more than $500,000 in annual sales; or (2) if its employees conduct business between states, better known as interstate commerce. This includes calling, mailing, and shipping or receiving items to or from out-of-state. [Read Full Article]

Finding the Right Business Lawyer

With the Obama Administration now in place, the commercial landscape is changing for business owners. The fair pay law has been signed into law, card-check is probably next and that will likely be followed by new healthcare regulations and other labor-related legislation. It can be hard enough to keep up with your business, staying on top of all these changes makes things all the more difficult. This is where a good business lawyer comes in. Your attorney is more than just your representative in court. She is also an advisor who can help you deal with thorny legal issues before they become major problems. The key is to find one that fits you and your business. Getting Started Probably the best way to do this is to get referrals from people you trust. This actually goes for hiring any kind of lawyer. Make your list and then research them. The Internet is... [Read Full Article]

Small Business Brief for 11/05

Politics and Economics Business groups urge Obama to push stimulus WASHINGTON (AP) - Barack Obama rode a wave of economic discontent to the White House and now faces the daunting task of turning the weakening economy around. Obama's victory makes a new economic stimulus package - perhaps as large as $150 billion - more likely, economists said. Obama Win Offers Lessons for Business Leaders Sen. Barack Obama (D-IL), won the presidency Tuesday by building a campaign that had a clear vision, clean execution and friends in high places, according to Jack and Suzy Welch. Business leaders should heed those three lessons. [Read Full Article]

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