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TwitterMore on the SBA Loan issue. An SBA press release yesterday announced that the Treasury and Federal Reserve has taken steps to make pooled SBA loans more attractive to investors. The result will likely mean banks that were out of SBA lending will get back in. This is a good sign for small businesses in need of capital.WASHINGTON, Nov 25, 2008 (BUSINESS WIRE) — A plan by the Treasury and the Federal Reserve to improve market conditions for asset-backed securities – including those composed of SBA-backed small business loans – should be welcome news to credit-hungry small businesses across the country, said U.S.
Archive for November, 2008
SBA Applauds Treasury Action to Bolster Secondary Market for Small Business Loans
November 27th, 2008 
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Small Business Resource: Harnessing The Power Of Email Marketing
November 27th, 2008 admin My friend Stan Relihan is the major domo of the Podcast Newtork … and host extrordinaire of the “Connections” show. Last week on ‘Connections’, Simms Jenkins, from Brightwave Marketing inAtlanta, Georgia, talked to Stan about the benefits, pitfalls and myths ofEmail Marketing.Feel free to listen in at: The Power Of Email Marketing or Simms Jenkins And keep a lookout for the next Episode, featuring John McCrea, VP of Marketing at Plaxo.By the way …..
Numbers are Down on Entrepreneurial Activity: Trend or Time Out?
November 26th, 2008 admin In a post-election survey sponsored by the Small Business & Entrepreneurship Council (SBE Council), respondents were not overly optimistic about the outlook for entrepreneurship and the U.S. economy. However, given the fragile state of the economy it wasn’t total doom and gloom.When we asked participants (800 actual voters) this question: In thinking about entrepreneurship and the future of the U.S. economy, what best describes your outlook for American small business ownership?….the responses were as follows:33 percent felt that the American Dream of starting and growing a successful small business is alive and well.55 percent felt that the American Dream of starting and growing a successful small business is on life support.8 percent felt that the American Dream of staring and growing a successful small business is dead.
Health Care Facilities A Profitable Niche For Your Cleaning Business
November 26th, 2008 admin Writen by Steve HansonA growing area that offers plenty of opportunity and potential profit for building service contractors is cleaning health care facilities. Besides hospitals, there are nursing homes, doctor’s offices, clinics, hospices, and dental offices that all need cleaning. With the aging baby boomer population, the number of medical facilities will continue to increase in the next few years. Most hospitals employ in-house cleaning crews, but there is a growing trend towards outsourcing cleaning services.
The List Of Reasons Why Anybody Should Care About Your Business
November 26th, 2008 admin Writen by Takuya HikichiI love making lists because* The content sticks and you bookmark the page* They save your time and summarize what you need to know* They remind, motivate, encourage and persuade you to take action* They most importantly demonstrate what I know and why you should care?Why Should Anybody Care About Your Business?Your customers or prospects DO NOT care about your business if?1. You over promise and under deliver2. You use “bait and switch” tactic3.
FREE Nuts & Bolts Small Business How-To Workbook From Small Biz Startup
November 25th, 2008 admin 800,000 Americans have already lost their jobs this yearand the tragic figure is expected to rise to 1 million bylate December.Due to outsourcing and downsizing, real employment options might not exist. For many, there is no real alternative but to start a small business.Small Biz Startup presents a FREE Fill-in-the-Blank How-To Really Start Your Small Biz Workbook available at our partner blog: www.smallbizstartupworkbook.blogspot.comThe Small Biz Startup Workbook attempts to demystify entrepreneurship for first-time small business owners and includes strategies,tips, techniques and checklists on finding the perfect business,choosing a name and logo, organizing the launch, investigating business opportunities andfranchises, setting up an accounting system, and much more.We offer it to you with the hope that it will be your small business partner as you embark on this exciting Be-Your-Own-Boss journey.
What NOT To Do on the Economy, Courtesy of the UK
November 25th, 2008 admin As I paged through The Wall Street Journal this morning, I came across a headline declaring, “U.K. to Cut Taxes, Speed Spending in Stimulus Plan.”Well, I thought, maybe the Brits got it half right. Unfortunately, even half right was not the case.The Journal reported:The British government will boost spending and slash taxes in a £20 billion ($29.73 billion) stimulus package announced Monday, an effort to cushion the impact of what is shaping up to be a deep recession.In a speech to present his budget plans for the coming year, Treasury chief Alistair Darling laid out measures including a yearlong cut in value-added tax to 15% from 17.5%, an extension of tax breaks for low-wage workers, the acceleration of £3 billion in spending on infrastructure projects, and debt guarantees for small businesses.To help pay for the stimulus, he said, the government will raise the top income-tax rate to 45% from 40% after the next election, which must be called by the summer of 2010.
Are You Measuring The Right Outcomes
November 25th, 2008 admin Writen by Dr. Yvonne LaMarHow many minutes are in a year? My niece, Sarah, and her third grade classmates sang a song from the Broadway show, “Rent.” The song breaks down how many minutes are in a year and asks us how many ways we count a year. It’s catchy. I’ve been humming the song all day, but I don’t remember how many minutes it turned out to be.Measuring is important. Figuring out what to measure is even more important.
