the president said when he launched the Campaign
to Cut Waste in June 2011, “No amount of waste is acceptable, not when it’s
your money. Just as families are living within their means, government should,
too, so we can invest in the things that we know will create good jobs and grow
the economy.” As part of those ongoing efforts to make government more
accountable to the American people and cut wasteful spending, I am happy to
report today that the Commerce Department has awarded a contract for computers
Ed. Note: This post is part of the Spotlight on
Commerce series, which highlights members of the Department
Social coupon sites have been around for a few years now, and they still continue to attract and perplex small business owners. Companies such as Groupon, Living Social and EverSave have created a marketing phenomenon, delivering huge benefits to consumers – but not always delivering the return on investment that businesses might have expected.
If you’re exploring the use of social coupons, here are some tips for assessing whether they will work for your business and how to plan a successful campaign.
What Can Social Coupons Do for Your Small Business?
Every year, the President honors small businesses and champions of small businesses for their outstanding contributions during National Small Business Week(NSBW). This year, SBA is proud to announce the addition of three awards to honor resource partner staff and volunteer to NSBW. These are the, SBA Counselor of the Year: Small Business Development Center, SBA Counselor of the Year: Women’s Business Center and SBA Counselor of the Year: SCORE.
Today, in conjunction with the
newly-launched BusinessUSA initiative,
the Department of Commerce announced the launch of their business app
challenge. The $10,000 contest challenges app developers to find
innovative ways to utilize Commerce and other publicly available data and information
to support American businesses. The business app challenge calls
on developers to utilize at least one Department of Commerce data set in
creating an application that assists businesses and/or improves the service
SBA employees had the opportunity to hear from Cathy Hughes, the founder of Radio One, who also serves as the Chair of the SBA’s Council on Underserved Communities.
Hughes, who herself started Radio One with the support of an SBA loan in 1979, now runs the largest black-owned media company in the country, and in 2004 launched TV One, a national cable and satellite television network.
Several blog posts on SBA.gov offer plenty of advice on how to hire, mentor, and motivate employees. We also frequently tackle the issue of dealing with difficult or disruptive employees. But what happens when you find yourself at the end of the road with no choice but to terminate an employee?
What steps must you take? What does the law require? What are the employee’s rights? What should you do about employee benefits and continuing health care coverage?
Once you have established a corporation or limited liability company you will need to obtain a Federal Tax Identification Number also known as an Employer Identification Number (EIN).
An EIN number is mandatory, because without one, your corporation will be ineffective for building business credit. A Federal Tax ID or EIN is the corporate equivalent to a social security number. It’s a nine-digit number assigned by the IRS to business entities operating in the U.S. in order to identify each company.
One of the lesser-known benefits of good business planning is collaboration. And it comes from the three r-words: review and revise regularly.
What’s collaboration? In business it’s about dividing tasks, optimizing use of resources, sharing information, and working together. Collaboration includes agreeing about what’s supposed to happen and then making it happen. It also includes tracking and sharing information about results, understanding and sharing what went right or wrong, and agreeing on course corrections.
Earlier today, Secretary Bryson spoke to the first-ever State Department Global Business Conference during an afternoon plenary session entitled, “What the Government Can Do for
Business.” He discussed his top priorities as Commerce Secretary: supporting advanced
manufacturing, increasing U.S. exports, and attracting more investment to the
U.S. Bryson highlighted efforts at making the Commerce Department an effective partner
and resource for American businesses.Secretary Bryson focused on the Administration's jobs effort, saying