According to The Senior Source, in 2005, 15 percent of working people expect to start their own businesses when they retire. However, given the continued impact of the economic crisis on 401(k) plans and a growing desire to stay career-active into retirement, this statistic seems very likely to grow.
In the fall of 1621, the Pilgrims, early settlers of Plymouth Colony,
held a three-day feast to celebrate a bountiful harvest, an event many
regard as the nation's first Thanksgiving. Historians have also
recorded ceremonies of thanks among other groups of European settlers
in North America, including British colonists in Virginia in 1619. The
legacy of thanks and the feast have survived the centuries, as the
event became a national holiday in 1863 when President Abraham Lincoln
Ed. Note: This post is part of the Spotlight
on Commerce series, which highlights members of
the Department of Commerce who are contributing to the president's vision of
winning the future through their work.
Guest blog by Dee Alexander, Program Analyst, Decennial
Management Division’s Outreach and Promotion Branch, U.S. Census Bureau
Businesses lose employees all the time, but if another firm has ever targeted or hired your employees then you have suffered from employee poaching or “employee raiding.”
Employee poaching is a fact of life for small business owners, particularly in high growth, specialized, and technology industries. In fact you can even do a quick search online and find blogs that will even coach businesses on how to poach employees!
Ed. Note: This post is part of the Spotlight on
Commerce series, which highlights members of the Department
of Commerce who are contributing to the president's vision of winning the
future through their work.
Guest blog by Harold "Pete" Garrison,
Official In Charge, National Weather Service, Bethel Alaska
This week marked the conclusion of the 22nd sssion of the U.S.-China Joint Commission on Commerce and Trade (JCCT) in Chengdu, China. U.S. Secretary of Commerce John Bryson and United States Trade Representative
Ron Kirk co-chaired the JCCT along with Chinese Vice Premier Wang Qishan. The
trip was highlighted by meaningful progress on key elements of the U.S.-China
trade relationship, though much more work remains to be done to open China’s market to U.S. exports and investment.
The work done at JCCT will help boost U.S. exports and jobs through:Read More
Note: This post is part of the Spotlight on Commerce series, which
highlights members of the Department of Commerce who are contributing to the
president's vision of winning the future through their work.
blog by Jan Jacobs, Tribal Intergovernmental Affairs Specialists, Office
of Congressional and Intergovernmental Affairs, U.S. Census Bureau
How much does it cost to start your own business?
Of course, the answer depends on your business model and your chosen industry. However, a useful estimate based on a 2009 study conducted by the Ewing Marion Kauffman Foundation puts the average cost of starting a new business from scratch at just over $30,000.
Many small businesses, particularly freelance, online and home-based businesses come in a lot lower than this, often needing only a few thousand to get started.
But averages aside, what can you do to calculate your specific startup costs? Read on.
This weekend Secretary Bryson will be in Chengdu, China for the 22nd Joint Commission on Commerce and Trade (JCCT), the annual bilateral trade negotiations between the U.S. and China. Before going to Chengdu, the Secretary stopped in Beijing to meet with American business community and Chinese investors. He participated in a meeting with the American Chamber of Commerce (AMCHAM) and the U.S.-China Business Council (USCBC), and met with members of the Chinese business community to discuss bilateral trade and investment issues.Read More
Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of CommerceOne billion dollars.That number represents the two-way trade that happens between the United States and Mexico—every day. It’s
a remarkable statistic, and a powerful symbol of the growing trade
relationship and friendship between our two countries. Clearly, the
story of the U.S. and Mexico is a story of progress. And, many from
both countries are committed to ensuring that the next chapter of this