Today Secretary Bryson returned to his home city and led a roundtable with Los Angeles-area businesses about trade with China. Bryson delivered the message that the U.S. and China need greater balance in our trade and economic relationship – and a level playing field for American businesses. To ensure a level playing field, the President has requested funding for an Interagency Trade Enforcement Center coordinated through Commerce Department’s International Trade Administration and the U.S. Trade Representative’s office.Read More
One of the Chief
Architects of the Obama Administration's
Bottom-Up Innovation Strategies, U.S. Department of Commerce Assistant
Secretary for Economic Development John R. Fernandez to Return to Private
Sector to Promote Innovation, Job Creation and Global CompetitivenessU.S.
Commerce Department Assistant Secretary for Economic Development John R.
Fernandez has spent the last two and a half years – amid the most severe
economic downturn in generations – successfully guiding the Economic
Yesterday, two NTIA Recovery Act broadband grantees were among 11 local leaders from across the country honored at the White House as “Champions of Change.” Joe Freddoso, President and CEO of MCNC, and Donald Welch, President and CEO of Merit Network Inc, were recognized for using innovative techniques to develop valuable projects helping to improve America’s infrastructure.Read More
Right now, small businesses across America pay an average of 18 percent more to provide health insurance than large businesses. While the insurance exchanges included in the Affordable Care Act will bring these costs down starting in 2014, we need to make it easier for small business owners to provide insurance to their employees right now. One important part of President Obama’s Fiscal Year 2013 budget proposal expands a tax credit that does exactly that.
Yesterday, Acting Deputy U.S. Commerce Secretary Rebecca Blank traveled to Flint, Michigan, to tour the factory floor at Genesee Packaging, Inc., along with Flint Mayor Dayne Walling, Genesee Packaging President and CEO Willie Artis, and other employees. Her visit followed the release of President Obama’s fiscal 2013 budget request Monday, where the president laid out his blueprint for an economy built on American manufacturing, American energy, and skills for American workers.Following the tour, Blank highlighted investments in the new budget proposal that will support U.S.Read More
Great customer service is a small business’s best marketing tool. If you want your customers to be loyal to your business, show them some love by providing outstanding customer service.
Just how important is customer service to a business’s success? In a survey last year by American Express, 70 percent of consumers said they would be willing to pay higher prices if a company offered great customer service. And 81 percent believed that generally, small businesses provide better customer service than big businesses do.
How are you backing up your small business data? If you are like most small businesses, you could be compromising your business and its data on a daily basis.
A 2011 survey by Carbonite, a provider of online backup solutions, found some facts about data loss that may surprise you:
Today President Obama visited Master Lock in Milwaukee, Wisconsin and announced that the Department of Commerce will host the first annual SelectUSA Investment Summit, bringing companies from around the world to meet with governors, mayors and local stakeholders, federal agencies, and state and local economic development organizations together to discuss the benefits of investing and growing in the U.S. The Summit will build on the Administration’s efforts to promote investment in the U.S. by providing an annual forum to attract and expand U.S.Read More
Are you or your partner trying to exit or dissolve your business partnership?
Business partnerships dissolve for many reasons – one partner may have lost interest, is no longer committed to the business or just wants to retire. Sometimes things just don’t work out.
But how do you plan and execute a clean dissolution of your partnership? What are your options and what legal steps must you take? Let’s take a walk-through your options and your obligations.
Revisit Your Partnership Agreement and Review Your Options
As we celebrate Black History Month, we are reminded of the remarkable men and women who have made an impact in our communities. For me, one of those individuals is my grandfather, an entrepreneur and business owner. My grandfather owned a landscaping company that became the first African American-owned firm in Indiana to win a state contract—for cutting the grass along state highways.