Starting or growing a business? Owning a small business can be a fulfilling endeavor, but as you probably already know or are just finding out – it requires that you wear many hats. This of course leaves you with little time to take a deep dive into the many aspects of starting and growing a business. Instead, many business owners turn to search engines for answers when questions come up.
But what if you had access to a small business classroom that provided informed, accurate and always-available access to the advice and guidance you need?
Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International
Trade and David Hinson, National Director, Minority Business Development Agency
Under Secretary of Commerce for Standards and Technology and National Institute of Standards and Technology Director Patrick Gallagher today addressed a group of forensics experts at the American Academy of Forensic Science’s annual meeting in Washington, D.C. Gallagher was there with Elana Tyrangiel, acting assistant attorney general for the Office of Legal Policy at the Department of Justice, to explain each agency’s role in a new National Commission on Forensic Science, announced Friday, Feb.Read More
U.S. Senators Casey, Toomey and Congressman Barletta applaud disaster recover investmentU.S. Deputy Secretary of Commerce Rebecca Blank has announced a $15 million Economic Development Administration (EDA) grant to Columbia County, Pennsylvania, to help build control systems that will help protect vital business infrastructure in Bloomsburg, Pennsylvania, from floods. The grant announcement was applauded by U.S. Senators Bob Casey, Pat Toomey and U.S. Representative Lou Barletta, who worked with the Pennsylvania Congressional delegation to support the grant.Read More
If you are looking to make any major improvements in your business, whether it is a second location, new equipment, or an additional product line, you most likely need business financing. But getting financing for your business can be intimidating. Despite this economic downturn, banks are still lending. However, the way banks are lending to small businesses has changed pretty significantly and they are more cautious about where the money is going, especially when considering a loan to new businesses with no track record.Read More
Trying to grow your business, but thwarted at every turn by problems within your own organization or by external factors such as broken supply chains?
For many businesses, the biggest obstacle to growth isn’t poor sales, financing or tough competition; it’s often the business itself!
So, if you find yourself operationally ill prepared to grow, what can you do about it? Here are some strategies that can help you break through some of the common barriers to growth that many small businesses experience.
1. Watch the indicators for growth
In conjunction with National Entrepreneurship Week (Feb 16-23, 2013), SBA is hosting a series of online briefings to discuss “crowdfunding” strategies for entrepreneurs. The series is comprised of daily webinars Feb 19-21 and a free online briefer to showcase innovative business financing opportunities.
As a business owner, it’s important to understand how the Affordable Care Act can affect your business. However, with so many misconceptions about how the Affordable Care Act works, this can be difficult. To clarify the myths versus facts, we’re launching a new blog series called “Myth vs. Fact: The Affordable Care Act and Small Business”.
This blog covers one of the most common myths we’ve seen out there: All businesses will be required to provide health insurance to all of their employees.
Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International TradeCross-post from the International Trade Administration's blog, Tradeology“We should remember that today’s world presents not just dangers, not just threats—it presents opportunity.” This statement from President Obama’s State of the Union speech confirms the belief that free trade and open markets are a benefit in our globalized world.In Louisville, Ky., this belief is nothing new, as the town has been growing its economy by focusing on exporting to foreign markets.That is why I joined Mayor Greg FRead More
The Great Recession technically ended back in 2009, but you wouldn’t know it from the way Americans are spending (and saving) these days. Despite some natural post-election optimism, issues such as rising food and energy prices, Congress’ “fiscal cliff” and debt ceiling struggles, and the rise in the payroll tax mean Americans are still clutching their wallets tight. With many Americans widely feeling that “we’re not out of the woods yet,” how can your small business develop marketing messages that resonate with penny-pinching prospects?