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If you are looking for financing there is a 'trick of the trade' that can potentially save your business time, money and frustration. Don't sign the application! Sounds like a crazy idea doesn't it? Let me explain. Like any industries there are the good guys and not so good guys. Once you sign an application there are several things that migh Read More

There's no way to absolutely, positively prevent someone from suing you. What you can do, though, is prevent anyone from succeeding . . . and from having the litigation take its toll on your company's cash flow. Read More

The Small Business Administration plans to begin dispersing funds in mid-June for a new, highly anticipated emergency lending program, but don't race off to the bank to fill out an application just yet. Many lenders are still sitting on the sidelines, waiting for more details from the SBA before they decide whether or not to participate. "Wha Read More

Mike McDonald at WebProNews recently spoke with Khalid Saleh of Invesp Consulting who discusses some things eCommerce site owners should keep in mind when looking to improve their conversions. This is a video that all eCommerce site owners should watch. Read More

Small businesses seeking financing from venture-capital firms need not worry about writing up a solid business plan, since it doesn't sway funding decisions anyway, concludes a new study by researchers at the University of Maryland Robert H. Smith School of Business. Read More

Just a few days after President Obama announced a stimulus plan for small businesses, more breaks might be in the works. Yesterday, Rep. Frank Kratovil of Maryland, a Democrat, and Rep. Chris Lee of New York, a Republican, proposed amending IRS code to allow new businesses to write off more of their operating costs. The bill, the grandly named Read More

America's retail footprint is shrinking. And not just because the industry will lose about 40,000 more stores than it gains this year, when the recession causes retail sales to drop at least 1%. The trend toward smaller stores is picking up steam. Initiated by the popularity of mini-marts, aimed at consumer convenience, the move away from larg Read More

President Obama is seeking to establish automatic retirement accounts for all workers under his fiscal-2010 budget proposal submitted to Congress yesterday. Under the plan, all employers that didn't offer retirement plans would be forced to enroll employees in direct-deposit individual retirement accounts unless workers chose not to participate Read More

The economic stimulus package includes a $35,000 life preserver for small businesses drowning in red ink. Under the law, the Small Business Administration temporarily will guarantee 100 percent of loans of up to $35,000 issued by banks to small businesses that are struggling to make payments on existing debt. The SBA will subsidize the interest Read More

In survey after survey, small business owners have said that health care is their chief concern, exceeding even taxes and the credit crisis. During the presidential campaign, health care was also a key issue, and Obama vowed to make more affordable and more widely available health care a key priority of his administration. So the stage was set Read More