Small Business News
Gaining Customers Not The Only Problem For Small Businesses
Justin Nichols ran an electronics repair shop in a trendy, metropolitan neighborhood whose rebirth was the talk of the town. His storefront was one of 25 or so “mom-and-pop shops” that languished for years before an infusion of young, college-educated people ignited that end of town. The business district around him went from forgotten to […]
Read MorePreparing a Business for a Hurricane
With the latest in forecast technology, it’s no longer a surprise when a monstrous storm like Hurricane Sandy is on the way. There’s usually substantial time for meteorologists to carefully study projected storm paths, make predictions and warn people of potential devastation. As dire warnings of Hurricane Sandy included life-threatening flooding and extensive power outages, […]
Read MoreAmazon Begins Lending to Its Sellers
Amazon.com, Inc., the international electronic commerce giant with a cheerful smile logo, is giving many retailers another reason to grin this holiday season as they extend participation in a new short-term lending program. Amazon Lending by Amazon Capital Services Inc. first began offering low-interest loans to their online merchants in late 2011 in an effort to stimulate […]
Read MoreObama, Romney Tackle Tax Code, Small Businesses, Student Loans
President Barack Obama and Republican nominee Mitt Romney squared off Wednesday night in the first of three televised presidential debates. Although many voters have already made up their minds, political experts agree that the ultimate decision may fall to the small percentage of “undecideds” and “persuadables.” These voters could tip the balance in one direction […]
Read MoreSmall Businesses Show Recent Signs of Recovery
There is good news for small business owners and entrepreneurs considering a new venture — lenders are steadily increasing their volume of small business loans. In May, the overall number of loans to small companies grew 12 percent, the largest month-to-month increase in three years. The Thomson Reuters/PayNet Small Business Lending Index, which calculates the […]
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