Archive for July, 2009

Commerce Secretary Locke and Emissions Tariffs

It’s bad enough when the U.S. energy secretary and the Democratic leadership in the U.S. House of Representatives talk favorably or vote in favor of protectionist trade measures in the name of fighting so-called manmade global warming, but the U.S. Commerce Secretary as well?In case you missed it, speaking before the American Chamber of Commerce in Shanghai earlier this month, Commerce Secretary Gary Locke, according to Reuters, said:It’s important that those who consume the products being made all around the world to the benefit of America — and it’s our own consumption activity that’s causing the emission of greenhouse gases, then quite frankly Americans need to pay for that.Reuters went on to report:Though U.S.

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High-Tech Immigrant Entrepreneurs

Immigrants are critical to the well-being of the U.S. economy. And that most certainly includes immigrant entrepreneurs.Earlier this month, the U.S. Small Business Administration’s Office of Advocacy released a new study by David Hart, Zoltan Acs, and Spencer Tracy, Jr. titled “High-tech Immigrant Entrepreneurship in the United States.”Among the findings of a survey of “rapidly growing high-impact, high-tech companies” were:• “We find that about 16% of the companies in our sample had at least one foreign-born person among their founding teams.

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Incoming Searches that might interest you:

America’s Best Companies ….. Helping Small Businesses Grow

Who They Are ….. America’s Best Companies (ABC) is a nationwide small business organization headquartered just outside Chicago, dedicated to helping small business owners stay in business, grow their business, and make more money in their business. They have been built on the strong belief that small businesses are the most important companies in America and the cornerstone of our communities. They built America’s Best Companies to help protect the future of small business in what is, with the influx of big-box corporate chains, an increasingly competitive environment.

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You Need a Disaster Plan for Your Business!

Get the 411 on Disaster Planning forYour Business Dare to Prepare!Can your business handle ANY disaster-natural or manmade-that might come your way? Hurricane? Pandemic flu? Terrorism? Fire?SBDC Certified Business Analysts, will present strategies and tools for disaster planning to help your small business reduce economic damages and stay in business.

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States and Cigarette Smuggling

Both economics and history make clear what will happen when taxes are raised too high on cigarettes. Tax evasion – namely, smuggling and counterfeiting – will flourish. In turn, government spends more money on trying to stop such activities.On July 20, the Wall Street Journal ran a piece on the current situation titled “States Go To War on Cigarette Smuggling.” Three points are worth highlighting here:• In the case of cigarette schemes, authorities see more organized crime and international rings supplanting mom-and-pop operations.

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SBA ARC Loans:Eligibility and Uses of Funds

America’s Recovery Capital (ARC) Loan Program is a new temporary guaranteed-loan program authorized by the American Recovery and Reinvestment Act of 2009 (the Recovery Act) (P.L. 111-5, 123 Stat. 115) enacted on February 17, 2009. ARC Loans provide small businesses access to the capital needed to drive economic recovery and to retain jobs.ARC Loans are deferred-payment loans of up to $35,000 and are available to viable, for-profit small businesses located in the United States that need short-term help to make their principal and interest payments on existing, qualifying loans.

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Phrases A Sales Rep Should NEVER Use

You might get a kick out of some of these. Feel free to leave your own suggestions as a comment (see “below”).- “My product is the cheapest.” – “You need this.” (Let them make their own decision) – “We can’t do that” – “That gives me a problem” – “The competitor’s products don’t work” – “How much are you willing to pay?” – “If you have to ask the price, you can’t afford it.” – even as a joke – “That’s less than out cost” – “I doubt our competitor can meet this price/package ….”- “What’s it going to take to get the deal done?”- “When do you think your husband would be available to go over this?”- “Trust me.” ; “In all honesty, …” ; “To be honest with you, …” ; etc.

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Who Will Win the Nevada-California Battle for Businesses?

The July 17 New York Times an article titled “Nevada Sees an Opening in California’s Troubles.”It tells the latest chapter in the war between the two states over where businesses should locate. It was reported:The president of the nonprofit Nevada Development Authority, A. Somer Hollingsworth, donned a tinfoil hat for part of a speech in which he told local business executives and politicians that California’s excessive government had led to its near-bankruptcy.“Nobody’s really working there — everybody’s a recipient of some kind of state program,” said Mr.

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