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EDA Investments: Supporting Entrepreneurship and Job Creation

Thu, 2013-06-27 13:25

What do the states of Montana,
Vermont, New Mexico, Alaska, and Mississippi have in common? They are, according
to a report published this spring by the Kauffman Foundation, Index
of Entrepreneurial Activity, 1996–2012, the states that posted the highest
rates of entrepreneurial activity in 2012.

According to the Kauffman
Foundation report:

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Supporting and Celebrating Entrepreneurship During LGBT Pride Month

Thu, 2013-06-27 12:33

Today, there are more than 1.4 million LGBT-owned small businesses in the United States. These businesses play an important role in our economy and our communities.
At the U.S. Small Business Administration (SBA), we are working with the LGBT community to spur entrepreneurial activity and to ensure that more LGBT entrepreneurs have the tools and the resources they need to grow successful small businesses and create good jobs.

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Spotlight on Commerce: Ronald Lorentzen, Deputy Assistant Secretary for Import Administration, ITA

Thu, 2013-06-27 10:45

Ed. note: This post is part of the Spotlight
on Commerce series highlighting members of the
Department of Commerce and their contributions to an Economy Built to Last.Guest blog post by Ronald Lorentzen, Deputy
Assistant Secretary for Import Administration, International Trade
AdministrationAs the career official responsible for the day-to-day
management of Import Administration, I perform many
roles: making the budgetary ends meet;
acting as policy adviser plenipotentiary; being an “executive sponsor” of

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Mid-Year Tax Planning: Do It Now to Save Later

Thu, 2013-06-27 10:22

With just about half of the year already in the books, now is the ideal time to take stock of your business activities year-to-date. This will enable you to take wise tax actions that will pay off on your tax bill when you file your 2013 income tax return next year.
What to look for in your books
Determine whether you’ve been profitable so far, and whether your numbers meet, exceed, or fall short of your estimates at the start of the year. Also, face up to losses that you may have experienced to date. If your analysis shows:

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Launch of U.S. Global Business Solutions Pilot: U.S. Government Solutions for Small Business Exporters

Wed, 2013-06-26 14:41

When the President challenged the nation to double exports in five years, U.S. government agencies worked closely together to increase access to export financing and foreign market opportunities.

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10 Important Quotes About Business Strategy

Wed, 2013-06-26 11:53

I worked for several years with a consulting firm called Creative Strategies. The name always struck me as ironic. In real business, from what I’ve seen, the best strategies aren’t creative. Instead, they’re obvious. Do what you do best – what makes you different from the others – and do it for the people who want it or need it. Find a successful business and its strategy seems obvious. Still, maybe what seems obvious after the fact wasn’t obvious beforehand.

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Welcome to the New 2014 Health Insurance Changes Included

Tue, 2013-06-25 13:14

Note: This blog first appeared at on June 21, 2013.
Health insurance is changing in important ways in 2014. We’ve updated to help you get ready for those changes, especially one of the most important: the opening of the new Health Insurance Marketplace.

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MBDA’s Business Centers Expand Reach

Fri, 2013-06-21 14:30

Celebrated since 1963, National Small Business Week
recognizes the contributions of America’s entrepreneurs and small business
owners. Entrepreneurship is an integral part of our country’s DNA and
increasing numbers of minorities are becoming entrepreneurs. However, starting
a business can be challenging in that the majority of small- to medium-sized
businesses often lack access and visibility to helpful resources.

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Acting Secretary Cameron Kerry Honored to Serve the American Public Alongside His Brother

Fri, 2013-06-21 12:00

Guest blog post by Acting
Secretary of Commerce Cameron Kerry.Earlier this month, I was honored to take the helm at the
Department of Commerce as Acting Secretary. Having served as the Department’s
General Counsel for the last four years, I have come to know and cherish the
exceptional work that the people at Commerce do to promote innovation and
economic growth, provide world-class science for the benefit of the American
people, and expand our exports and global
trade. I’m proud to have been called on to lead this work as Acting Secretary.

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A Wealth of International Resources for the American Small Business

Fri, 2013-06-21 10:08

One of the biggest challenges to both current and potential exporters is access to accurate, reliable information about the markets they want to tap. One of the most common ways large exporters address this issue is by contracting “expert” help in each country or region where they do business, that is, a local representative or source in position to provide both information and market analysis. This type of service can be -and usually is- costly. If you happen to be a large exporter, cost may not be a major issue, but for small exporters this challenge can be daunting.

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