This week marks the 5th Annual Global Entrepreneurship Week. In our increasingly interconnected global economy, it’s important for American small businesses to have the tools to compete on the world stage. Ninety six percent of the world’s population lives outside of the United States, which represents a huge portion of the world’s buying power. That’s why President Obama set a goal to double exports by 2015. Here at the SBA, and across the Administration, we’ve made it a top priority to achieve this goal.
One of the benefits to building a creditworthy company is that lenders, creditors and suppliers will determine the level of credit risk based on the company’s creditworthiness rather than that of the owners.
However, there are instances where a lender will require a personal credit check as part of the overall risk assessment. In these cases, it is in the best interest of you, the business owner, to have a positive credit rating with the consumer credit agencies.
If credit scores currently fall below 680, then focus on taking positive steps to improving those numbers.
This week marks the celebration of Global Entrepreneurship Week (GEW), an annual initiative taking place around the world with more than 35,000 events in 135 countries. The events recognize the economic and social contributions of innovative entrepreneurs and bring an unparalleled level of inspiration to those considering a path of entrepreneurship.
On Wednesday, Acting Secretary of Commerce Rebecca Blank traveled to New Jersey where she met with local business leaders for discussions about ongoing efforts to rebuild the region in the aftermath of Hurricane Sandy. During these conversations, she conveyed that the Commerce Department, the Federal Emergency Management Agency, and the administration are focused on providing businesses and communities affected by Hurricane Sandy with all available federal support. In Elizabeth, New Jersey, Acting Secretary Blank met with a group of businesses that were impacted by the storm. Dr.Read More
Sandy breaks records in East as severe drought continues in West, Great PlainsAccording to NOAA’s National Climatic Data Center scientists,
the average temperature for the contiguous U.S. during October was 53.9°F,
0.3°F below the long-term average. This ends a 16-month streak of above-average
temperatures for the Lower 48 that began in June 2011.The October nationally averaged precipitation total of 2.19 inches
was slightly above the long-term average. The Northwest, Midwest, and Northeast
Ever emailed or called a company’s customer service department and got no response or a poor response to your comments? Did you instead post a rant on Twitter or Facebook until you got a response? You’re not alone – more and more customers are expecting brands to step up and respond to these posts.
Acting U.S. Commerce Secretary Rebecca Blank today participated in a Joining
Forces Veterans Hiring Event that recognized Veterans Day and the contributions
of our men and women in uniform. The event, sponsored by Honeywell and their
military recruitment partner Orion International, aimed to identify and match
veteran job candidates with open positions at Honeywell and recognized
Honeywell’s efforts to provide veterans with more career opportunities.
Honeywell’s Chairman and CEO Dave Cote and Joining Forces Executive Director
Acting U.S. Commerce
Secretary Rebecca Blank today named four U.S.
organizations as recipients of the 2012 Malcolm Baldrige National Quality Award,
the nation’s highest Presidential honor for performance excellence through
innovation, improvement and visionary leadership. The winners in this, the 25th
anniversary year of the award, represent four different sectors, one repeat
recipient and a health network recognized for the same honor earned previously
by its flagship hospital.
Do your employees drive commercial motor vehicles (CMVs) as part of your business operations? If they do, it’s important that you and they know about stringent regulations that went into effect nationwide in early 2012, restricting the use of handheld cellular phones while driving.
The U.S. Department of Transportation ruling restricts CMV drivers from the following:
Making a call while holding a cell phone
Dialing a cell phone using more than one buttonRead More
SBA strives to ensure that small business entrepreneurs have access to the resources they need for their business, including information on startup how to’s, marketing, financing, contracting and more.
We’ve learned valuable feedback from entrepreneurs who rely on our website to educate themselves about small business ownership and listened to what they said. We acknowledged that the user experience to access online resources needed to be easy, efficient and engaging. Today I am pleased to share that SBA is launching a new online learning center.