Guest blog post by Thomas Guevara, Deputy Assistant Secretary of Commerce for Economic Development and a native of IndianaAs auto communities across the country work to strengthen and redefine their economies, the Obama administration is making good on the President’s commitment to invest in American innovation and advanced manufacturing to spur growth.In my home state of Indiana, the city of Anderson, located about 25 miles northeast of Indianapolis, was once home to one of the greatest concentrations (after Flint, Michigan) of General Motors facilities in the United States.Read More
“Cash is King,” the old axiom goes, and it is true both in personal and business finance. Whether you are the proud owner of an active, successful company, or just taking the first steps toward your dream business, financing your venture takes center stage.
While the nation’s economy is slowly but surely recovering from the Great Recession, many businesses are still in a financial bind that makes it difficult for them to grow and create more jobs.
One of the questions I’m frequently asked is how to get more traffic to your company website. I always mention blogging as a key technique, of course. You set up a blog as a section of your website. You publish compelling content on the blog. People come to the blog to read it. While on your blog they can learn more about your company, and may jump over to other sections of your site to check out your products and/or services. And if they are impressed by your content, they may share it with their circles of influence, leading to more people visiting.
Starting a retail or service business? Looking to form relationships with wholesale suppliers?
There are currently 300,000 companies in the U.S. wholesale distribution industry, so as you can imagine, finding and forming trusted relationships with wholesalers takes time and research.
Here are some tips for finding wholesalers, and best practices for entering into agreements with them.
1. The Wholesale Business
On July 4, 1776, the Declaration of Independence was
approved by the Second Continental Congress in Philadelphia, Pennsylvania,
setting the 13 colonies on the road to freedom as a sovereign nation. Written
primarily by Thomas Jefferson, the Declaration is a formal explanation of why
Congress had voted on July 2 to declare independence from Great Britain,
more than a year after the outbreak of the American Revolutionary War. The
birthday of the United
States of America—Independence Day—is celebrated
By Matt Erskine, Acting Assistant Secretary of Commerce for
is a lot of talk about innovation today, and how it can be leveraged to promote
economic and job growth. In Austin, Texas, it’s more than just talk. Throughout
the region, businesses are developing cutting-edge technologies,
commercializing them, and—with the help of research parks, incubators, and
other business support facilities—creating jobs.
Is it possible to find a legitimate franchise opportunity that only requires a few hours a week to run? And, if you do find a part-time franchise, can you make enough money for it to be worth your up-front investment, and of course, your time? Let’s find out.
First off, it’s important for you to be able to distinguish a true franchise-type of business, from a non-franchise business.
In most cases, franchise ownership offers;
· A proven business system that’s easy to replicate
· A formal training program
Guest blog post by David Hinson, National Director, Minority Business Development AgencyWhen Muhammad Ali, the legendary world heavyweight boxing champion, was
asked by reporters why he kept boasting about being the greatest in the
ring, he used to say, “It isn’t bragging if you can back it up.”
The MBDA FY2011 Annual Performance Report (APR)
(7MB PDF) backs up what we’ve been saying about MBDA’s achievements under
President Obama. In 2011, we registered the best performance in our
43-year history. It was our third record-breaking year in a row.
Small business procurement is one of the largest and most important programs for small businesses across the federal government. In FY2011 the federal government awarded more than $91.5 billion in federal contracts to small businesses, which represented 21.65 percent of small business eligible federal contract dollars. During the first three years of the Obama Administration, the federal government awarded $286.3 billion or 22.07 percent in federal contracting dollars to small businesses. This is a $32 billion increase over the three preceding years even as contracting spending overallRead More
Whether you’re looking to diversify your product line or leverage cheaper-made merchandise, selling imported goods in the U.S. can be an important ingredient in small business success.