Government, Politics and the Economy
Stimulus Plan: Where are the Jobs?
That is the $787 billion question: Where is all that government stimulus money, and why hasn't it stemmed the rising tide of US unemployment? BusinessWeek.com
Second Stimulus: Democrats Split
Democrats in Congress are divided over whether to push for more deficit spending to end the recession and stem job losses, complicating the possibility of a second stimulus bill. Bloomberg.com
Management and Operations
By Charles M Cooper · July 08 2009
small business brief, marketing, small business, economy
Government, Politics and the Economy
Three Things to Watch in the Second Half of '09
Halfway through the year is a good time to pause, reflect, and take inventory. We have probably survived the worst of the recession but the question is, what's next? Here are three things to keep an eye on. NYTimes.com
Tyson: More Stimulus Needed
According to Obama advisor Laura Tyson, the US should consider a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was “a bit too small.” Bloomberg.com
Management and Operations
By Charles M Cooper · July 07 2009
small business brief, marketing, small business, economy
Government and Economy
Freddie Mac CFO Dies—Police Investigating Probable Suicide
Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said. Bloomberg.com
Lenders Still Cool Toward Small Business
According to NFIB survey data, in March, fewer small businesses reported that their borrowing needs had been met during the previous three months than at any point since well before the recession began. USNews.com
Management and Financial Issues...
By Charles M Cooper · April 22 2009
small business brief, marketing, small business, economy
Government and Economy
Spending Our Way to Prosperity
President-elect Barack Obama warned of dire consequences if Congress doesn't pump unprecedented dollars into the national economy as he made an urgent pitch for his huge spending proposal during his first speech since his election.
SBA Web Chat on Credit and Borrowing
The U.S. Small Business Administration’s Web Chat series starts on January 15th with a focus on small businesses and the credit crunch. SBA Associate Administrator for Capital Access Eric Zarnikow will answer questions about credit and borrowing and other resources to help access credit.
Fed Fac...
By Charles M Cooper · January 08 2009
small business brief, small business, economy, partnerships
Government and Economy
Would a Payroll Tax Holiday Boost Employment and Spending? Taking a six-month holiday from the federal government's 6.2% payroll tax would reduce labor costs to small businesses and help prevent layoffs, says a major small business organization in a recent pitch to Congress.
Consumer Price Drop Greater Than ExpectedA record plunge in consumer prices in November puts pressure on the Federal Reserve to act decisively to guard against a debilitating bout of deflation.
Probe: Small Business Funds Squandered...
By Charles M Cooper · December 16 2008
small business brief, small business, partnerships, customer relations
Let’s say that you and your partners have a thriving business, call it WidgetAmerica LLC. Each of you owns a nice piece of that profitable company, making a good income and reinvesting in the business so that things continue to go well for years to come in the wild world of Widgets. Then something happens, you retire, or something catastrophic happens—car accident, a coma, death, jail time—something that will take you away from the company for good and all; something that will force you (or your heirs) and your partners to make some hard decisions.
The Buy-Sell Premise
One way to make this time of doubt and trouble easier is to institute a Buy-Sell Agreement. Essentially, this agreement stipulates that the other partners or co-owners are required to purchase your stake in the company should a “trigger event” take place, such as death, disability, retirement or some other stated event. Given that you will be paid a fair price...
By Charles M Cooper · June 30 2008
small business, partnerships, buy-sell, agreements