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
January 3, 2012 - 2:12pm
My company has a pet-friendly office environment. My little four-legged angel, Maxwell, is our Chairman of the Bone. He’s a 14-pound Shih Tzu who regularly comes to the office with me with an ample supply of toys and treats. However, one of Maxwell’s favorite things to do is chase his tail. He runs in a circle at manic speeds until he ultimately collapses having never achieved his goal, if he even knows what his goal is. That doesn't stop him from trying again later.
January 3, 2012 - 9:50am
Last week, President Obama signed a bill reauthorizing the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for another six years. This long-term reauthorization is good news for the innovative small businesses that these programs support. SBIR and STTR invest about $2.5 billion a year in America’s most promising small research and development companies. Through SBIR and STTR, federal agencies with large R&D budgets provide competitive awards to help small businesses bring their best innovations from the drawing board to the marketplace.
January 3, 2012 - 7:47am
If you’re starting a business that requires significant financial investment up front, finding a source of funding can be a challenge, especially since the average cost of starting a business is $30,000. This is particularly true for young entrepreneurs who lack a strong credit history or don’t want the hassle of dealing with banks or private lenders.