January 9, 2012 - 1:00pm
On Friday, the Commerce Department unveiled the COMPETES Report: A Roadmap for Strengthening U.S. Competitiveness. The report makes three important findings: Federal investments in research, education and infrastructure were critical building blocks for American economic competitiveness, business expansion and job creation in the last century; Failures to properly invest in, and have comprehensive strategies for, those areas have eroded America’s competitive position; and,
January 9, 2012 - 7:14am
Did your small business hire employees for the first time in 2011? Did you use the services of an independent contractor? Or do you simply need a refresher on the ins and outs of wage reporting season? Here’s what you need to know about your annual employer reporting obligations. How to Report Employee Wages and Taxes – W-2s Explained
January 6, 2012 - 3:32pm
When a friend or family member asks what you do to help small businesses, what do you say?
January 6, 2012 - 10:00am
The U.S Department of Commerce today delivered to Congress a comprehensive report on “The Competitiveness and Innovative Capacity of the United States.” The report serves as a call to arms, highlighting bipartisan priorities to sustain and promote American innovation and economic competitiveness. At 10am ET, watch Secretary Bryson present the report and then a distinguished panel discuss the findings. [The event has now concluded] The report makes three important findings: Federal investments in research, education and infrastructure were critical building blocks for American economic
January 6, 2012 - 10:00am
The 20th century was a period of extraordinary performance in the United States. Americans were living longer and more fruitful lives. They were better-educated than past generations and residents of other countries. The United States was out-innovating, out-educating, out-connecting, and out-producing the rest of the world, assisted by ground-breaking research and federal funding. Life expectancy was higher than it had ever been, more than 70 percent of teenagers were enrolled in secondary education, and in 1986 the United States comprised 25.2 percent of the world’s economy.
January 5, 2012 - 2:00pm
Two agencies of the Department of Commerce unveiled new home pages for their websites in December—the result of efforts to make news and data more readily available and easily accessible to users. The agencies studied user feedback and website best practices to create a more visual and less confusing approach to the mission of informing the public. Both feature links to agency blogs written by their leadership and guest authors and links to economic indicators and career and business opportunities.On December 20, the U.S.
January 5, 2012 - 1:18pm
The U.S. Small Business Administration yesterday launched a new online tool that helps Native American entrepreneurs prepare for business ownership. The Native American Small Business Primer: Strategies for Success is a free online business course developed for Native American entrepreneurs that gives an overview of basic business principles and of the SBA’s programs and services that help business owners get started.
January 5, 2012 - 8:31am
I’m deeply entrenched in the franchise industry. Like most industries, we have our own collection of buzzwords or jargon. There are words and phrases we use on a daily basis. But you don’t. For example, industry insiders don’t say, “Franchise Disclosure Document*” when we refer to a legal document that’s required to be sent to all serious franchise buyers. We call it the “FDD.”
January 5, 2012 - 7:51am
Ever feel that your employees don’t respect you? You may think: “So what!” But that would be a mistake. The trouble is that when an employee starts to lose respect, your authority and control can quickly be undermined. Even if you are not aware of a problem employee, the effect can be toxic. Productivity levels drop, accountability diminishes, and the problem behavior can spread to others. Why Do Employees Lose Respect for Their Employers?
January 4, 2012 - 7:40am
Interested in getting into the construction business? Now might be the time, with market forecasts (courtesy of IBISWorld) predicting a steady rise in the value of the construction industry over the next five years – 12.5 percent annually for residential construction and 13 percent for private non-residential construction. If you’re interested in starting a construction, home improvement, or contracting business, here are some business and regulatory basics you need to be aware of. 10 Steps to Starting (any) Business