The Veteran Business Fund Is Now Available On Amazon Smile

Bob TannenhauserSmall Business

The Veteran Business Fund, a non-profit organization is now available on Amazon.com’s Amazon Smile program for shoppers to help contribute towards the effort. The Veteran Business Fund was created to help assist veterans with the capital they need to run their own business. By providing support and donations to the fund, Amazon shoppers are helping new veteran business owners become … Read More

The Dos and Don’ts When Applying for Small Business Loans

David NayorSmall Business

Whether you need more working capital for expanding your business or for making it through a rough period, getting small business loans can be your best bet. It’s not always easy to secure loans and there are a lot of do’s and don’ts that you will want to know about before you talk to a lender.   Do Look Organized … Read More

Why is there a Credit Crunch for Black-Owned Small Businesses?

David NayorSmall Business

The percent of U.S. Small Business Administration (SBA) backed loans to black-owned enterprises dropped to 2.3% for the most recent fiscal year, down from 11% in 2008, according to an article in the March 15/16 weekend edition of the Wall Street Journal. Although there are several reasons given for this dramatic decline, including tougher scrutiny of loan applications, declines in … Read More

Is the Congressional Budget Office Report on the Effects of Raising the Minimum Wage Worth the Paper it’s Written on?

Jessica SarterSmall Business

CBO

Findings by the Congressional Budget Office (CBO) are often cited by both political parties to advance their particular agendas, as the CBO is nonpartisan and generally offers something for each party to hang its political positions on.  Unfortunately, a careful reading of the CBO’s February 2014 report on the effects of raising the minimum wage to $10.10 an hour on … Read More

Valentine’s Day is Just Not for Lovers

Jessica SarterSmall Business

Valentines-day-spending

We all know that Christmas season sales can make or break a small business owner’s year and the same is true in terms of volume of sales for New Year’s Eve and Halloween.  However, would you think that Valentine’s Day, that “Hallmark-promoted” holiday would rank right up there with these major small business boom times? According to IBISWorld, total revenue … Read More

The Federal Government Can be the Best Customer for Your Small Business.

Jessica SarterSmall Business

Fed Government Contract

As the largest purchaser of goods and services in the world, the U.S. government can be one of your best customers. According to the SBA, over $500 billion in contracts are awarded each year, with at least 23% of these awarded to small businesses.  There are specific mandated goals for federal agencies to do business with small disadvantaged businesses (51% … Read More

What Effect Will the Affordable Care Act (“Obamacare”) Have on Jobs?

Jessica SarterSmall Business

The Congressional Budget Office (“CBO”) recently issued a report dealing with the impact of “Obamacare” on employment. The Republicans and the Democrats, as usual, found some language in the report to support their respective bias concerning the Affordable Care Act, as to whether the Act will cost jobs or reduce unemployment. The report in Appendix C clearly states that the … Read More

Optimistic Outlook for Business in 2014, REALLY?

Jessica SarterSmall Business

In a recent survey of 5000 CEOs of the fastest-growing companies in the United States, 82% of those surveyed expressed “good to excellent” prospects for increased growth in 2014.   Additionally, the same CEOs said they anticipated more employee hiring as well as an increase in the amount of goods and services sold.  “I think the economy’s really good”, says Tom … Read More