Today was an important day for America's small businesses. President Obama asked Congress for the authority to reorganize and modernize government and he elevated my position as the SBA Administrator to Cabinet-level status.
These actions are a reflection of the importance he places on small business, economic growth, and job creation.
Guest blog post by John Bryson, Secretary of Commerce. Cross-posted at Chamber Post.Today, the President announced his plan to ask Congress for the
authority to reorganize and consolidate the government so we can provide
more effective, efficient services to the American people. He wants
this authority, which Presidents had until it lapsed in 1984, so that we
can modernize our structure to better compete in the global economy and
maximize services for the American people. And the first priority
On Thursday, Acting Deputy Commerce Secretary Rebecca Blank visited the Consumer Electronics Show in Las Vegas, where she delivered opening remarks and participated in a panel discussion. The panel, titled “Getting Us Back on Track: How Technology and Innovation Can Save America” focused on the integral role innovation and technology play to the U.S. economy.Blank said, “Innovation is crucial to the economy. And while private citizens and private businesses are the primary source of new ideas—from concept to commercialization—the government plays a key role in this effort.Read More
Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International TradeIt’s been called the beginning of a manufacturing renaissance. As President Obama noted at yesterday’s “Insourcing American Jobs” forum, 334,000 manufacturing jobs have been created in the past two years. And, in the third quarter of 2011, manufacturing profits were up more than 7 percent compared to the first quarter.These positive trends are very good news because manufacturing is a key to our economy.Read More
Commerce's National Institute of Standards and Technology (NIST) and the U.S. Department of Transportation (DOT) will host two forums in February 2012 to help U.S. manufacturers prepare for upcoming opportunities to become suppliers for the next generation of railcars and locomotives. The first forum will be held Feb. 8 in Sacramento, Calif., and the second will be Feb. 15 in Chicago.The Next Generation Rail Supply Chain Connectivity Forums will bring together large railcar builders and original equipment manufacturers (OEMs) with smaller, capable and interested U.S. manufacturers.Read More
Has someone opened up a competing business in your town? Are you worried that the town isn’t big enough for both of you and your business may be at risk? Not sure how to react to the new competition?
If you’ve been secure in your market as the go-to business for XYZ and suddenly find that your customers have another option, what can you do to fight back?
Remember, there are no quick fixes, but here are some tips for dealing with competitors and, quite possibly, collaborating with them!
1. Don’t Get into a Price War
In recent weeks, I’ve met with a couple of small business clients seeking to establish social media marketing strategies. On each occasion, we sat down and I asked them questions about their business and their primary customer. While they could have talked for hours about their product, its benefits and how superior it is to all others, my request to describe specifically who their customer is was met with hesitance and sometimes complete silence. Cue the crickets.
Guest blog post by U.S.
this week, Secretary and former CEO John Bryson made his first trip to Detroit,
as Commerce Secretary, where he met with representatives from nearly every
major auto maker that produces cars in the United States. In addition, Bryson
met with United Auto Workers (UAW) President Bob King, Michigan Governor Rick Snyder, Detroit Mayor Dave Bing, as well as members of the Michigan
Congressional delegation. The trip came on the heels of President Obama’s
announcement late last year naming Secretary Bryson as co-chair of the White
If you’ve heard it once, you’ve heard it a thousand times: if you’re starting a business you’re going to need general liability insurance. But what does that mean? What protection does it afford? How do you determine your coverage needs? How does it work?
What is General Liability Insurance?