According to Kauffman Foundation, young entrepreneurship in the U.S. is on the rise, with the 20-34 age group comprising 29 percent of the total new entrepreneurship activity in 2011.
Entrepreneurship can be an exciting adventure, and for the young it can be easier than you might think. The barriers – including cost of entry –are low, (working at home, online, etc.), and younger people are often unconstrained by the commitments of family and marriage.
This morning, Acting U.S. Commerce Secretary Rebecca Blank delivered remarks at the National Automobile Dealers Association Legislative Conference. In her remarks, the Acting Secretary discussed how the Obama administration is working to strengthen the U.S. automobile industry, grow the economy and create jobs.New car sales are beating expectations, having just seen the best August sales since 2009—nearly 1.3 million cars and trucks were sold last month. So far this year, sales for new cars are up 20 percent and sales for light-duty trucks are up more than 10 percent.Read More
A new focus on environmental responsibility is making it easier for small businesses and entrepreneurs to “make a difference.” There’s not only a huge variety of organic and eco-friendly products on retail store shelves to help Americans protect our ecosystem, but there are also vast new opportunities open to entrepreneurs who can provide green products to consumers.
This is more than a passing fad. This is big business for environmentally minded entrepreneurs. You can make your business greener and develop products and services to help others make theirs greener.
Today, the U.S. Census Bureau released its report on Income, Poverty, and Health Insurance Coverage in the United States in 2011. As we continue to fight back from the worst economic crisis since
the Great Depression, the Income, Poverty and Health Insurance Coverage report
released today provides further evidence of how critical it is that we
implement policies that benefit and create security for struggling families and
our middle class—and not just the wealthiest Americans.
Every year, countless businesses across the country experience hurricanes, blizzards, power outages, fires, tornados, and other events that can temporarily disrupt activities and, in some cases, put them out of business. For instance, in *2010, there were 98,000 fires to nonresidential structures, resulting in $2.6 billion in property damage. Hopefully, business owners are smart enough to carry adequate insurance to offset their property losses and have business recovery plans that enable them to function again.Read More
Non-compete agreements are commonplace in the workplace, particularly in specialist industries. However, their enforceability varies from state-to-state. California, for example, prohibits them entirely.
But non-competes can also come into play when you sell your business, particularly if you have plans to stay in the same industry. These agreements protect the new business owner against you opening a similar business for a certain amount of time, usually in the same geographic area.
In today's challenging economic environment, where small businesses create two out of every three net new jobs in the U.S., help for small businesses is more critical than ever before. A key foundation of success in business is to leverage data analysis to discover insights and make smarter decisions. Delivering these types of services online provides the greatest opportunity to reach the most businesses. That's why SBA has made available SizeUp, an online small business support service that can deliver customized business analysis to an unlimited number of businesses.
Yesterday, Acting U.S. Commerce Secretary Rebecca
Blank traveled to Chicago, Illinois to deliver remarks
at the International Manufacturing Technology
Show (IMTS), hosted by the Association for Manufacturing Technology. Acting
Secretary Blank discussed the importance of manufacturing to boosting U.S.
economic growth, job creation and exports and highlighted the administration's
continuing efforts to build things here and sell them everywhere.
Warm and dry conditions continue in August; Isaac brings heavy rain to Gulf Coast and some drought relief to the MidwestThe average temperature for the contiguous U.S. during August was 74.4°F, 1.6°F above the long term average, marking the 16th warmest August on record. The warmer than average August, in combination with the hottest July and a warmer than average June, contributed to the third hottest summer on record since recordkeeping began in 1895.The summer season's (June-August) nationally-averaged temperature was 74.4°F, 2.3°F above the 20th century average.Read More
Is business travel critical to your small business success – but hurting your cash flow?
According to a recent travel trends survey by American Airlines, 93 percent of small and medium-sized business travel managers surveyed said that face-to-face meetings are either crucial or helpful to the success of their business.