Lenders Reject Obama's Small Business Initiative
Apr 01
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
Rising State and Federal Taxes Stifling Small Businesses
As states like New York increasingly turn to higher taxes to close their budget gaps, small businesses are finding themselves in a very difficult position. WSJ.com
Management and Financial Issues
Dealing With Business Failure
Even if you're 100% sure your company is going to crash in the next six months, don't run. You'll learn more from staying on board, earn the respect of your peers, discover how people break down and lose their cool and find out who you are and who your real friends are. BusinessWeek.com
The Danger of Personal Guarantees
Signing a personal guarantee for a business loan—comingling your personal and business finances—can be a very dangerous and costly move. TheBigMoney.com
Technology Issues
Facebook Applications for Your Small Business
LinkedIn is not the only place for business, Facebook is growing rapidly and it's becoming a destination for businesses and business professionals alike to establish a presence. Here are over 30 Facebook applications to help you accomplish more with your business. Mashable.com
Benefits and Labor Issues
Be Cautious When Trading Equity for Services
It seems like a win-win: find the skills you need for a stake in the company. However, before going ahead with such an equity trade, consider the alternatives and be sure to formalize the deal with your attorney. BusinessWeek.com
Sales and Marketing
Building a Robust Social Media Presence
By establishing professional visibility on the social Web, you can easily differentiate yourself from your competitors. Here are some tips on how to accomplish that. ClickZ.com
Get Better Performance From Your E-Newsletter
By making some simple design changes, you can begin to score double-digit click-through rates. ClickZ.com