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.
In just 9 days, many provisions related to the biggest change in U.S. patent law since the 19th century go into effect, and the senior leadership of the United States Patent and Trademark Office spoke about them in an online webinar this afternoon.Read More
Education fairs in Brasília, São Paulo, and Rio de Janeiro promote higher education in the United StatesU.S. Under Secretary of Commerce for International Trade Francisco Sánchez this week concluded the Commerce Department’s largest education services trade mission in history in Rio de Janeiro. Sánchez and representatives from 66 U.S. colleges and university introduced more than 7,500 Brazilian students and parents to educational programs and opportunities for study in the United States during education fairs and meetings in Brasília, São Paulo and Rio de “These distinguished U.S.Read More
Guest blog post by Matt Erskine, Acting
Assistant Secretary of Commerce for Economic Development
Ed. Note: This is cross-posted from the Bureau of Economic Analysis's blog. It highlights the coordination and collaboration between BEA and NOAA to bring value in data and services to the American public.How many jobs are created from the construction of a new bridge or an increase in tourism?
The Bureau of Economic Analysis’ (BEA) new Web portal on the ocean
and Great Lakes economy shows how the Bureau’s Regional Input-Output
Modeling System (RIMS II) can be used to provide answers to such