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
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These stories submitted by TimJustus became hot on BizSugar
Bankers wary of small biz ARC loan program
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From http://money.cnn.com 5570 days ago
Made Hot by: on June 9, 2009 4:12 am
How to avoid being sued
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From http://www.msnbc.msn.com 5570 days ago
Made Hot by: on June 6, 2009 8:34 pm
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.
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5 Common eCommerce Mistakes That Prevent Conversions
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From http://www.smallbusinessnewz.com 5612 days ago
Made Hot by: on April 21, 2009 5:57 pm
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.
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Business Plans Don't Matter to Venture Capitalists
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From http://blogs.wsj.com 5617 days ago
Made Hot by: on April 17, 2009 7:19 pm
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.
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House Suggests A Bigger Tax Break For Start-ups
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From http://blogs.wsj.com 5643 days ago
Made Hot by: on March 24, 2009 4:02 pm
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
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Small Is Beautiful at the Mall
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From http://www.kiplinger.com 5657 days ago
Made Hot by: on March 10, 2009 12:34 am
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
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Obama wants "automatic" IRAs for all workers
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From http://www.investmentnews.com 5657 days ago
Made Hot by: on March 9, 2009 5:07 pm
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
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Small loans to keep troubled firms afloat
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From http://www.msnbc.msn.com 5668 days ago
Made Hot by: on February 25, 2009 7:04 pm
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
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Get Ready for the Real Debate on Health Care
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From http://www.allbusiness.com 5671 days ago
Made Hot by: on February 23, 2009 5:24 pm
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
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Barter Fits Bill for Strapped Firms
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From http://online.wsj.com 5671 days ago
Made Hot by: on February 23, 2009 5:24 pm
Small businesses, squeezed for cash and unable to get loans, are turning to an ancient payment system: barter.
As small businesses find it impossible to borrow money and customers are slower to pay bills, the barter economy is becoming a crucial way for many companies to find the cash they need to keep operating.
"It's really of value to s
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