March 22, 2012 - 5:01pm
One of SBA’s highest priorities is to provide access and opportunity to small business owners in traditionally underserved communities. President Obama, Administrator Mills, and I are committed to supporting all of our nation’s entrepreneurs, including minorities, women, veterans, people with disabilities and those in rural areas. That is why we created the Advisory Council on Underserved Communities (CUC), which advises SBA on ways we can further expand our reach into these communities. Chaired by Cathy Hughes, the founder of Radio One and TV One and a former SBA borrower, the CUC provides
March 22, 2012 - 3:00pm
Commerce's Census Bureau has released a 2010 Census brief, The Asian Population: 2010 (PDF), that shows the Asian population grew faster than any other race group over the last decade. The population that identified as Asian, either alone or in combination with one or more other races, grew by 45.6 percent from 2000 to 2010, while those who identified as Asian alone grew by 43.3 percent. Both populations grew at a faster rate than the total U.S. population, which increased by 9.7 percent from 2000 to 2010. Out of the total U.S.
March 22, 2012 - 11:15am
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
March 22, 2012 - 7:38am
How do you describe your business to the world? What words sum up your brand identity and what you have to offer? Are you clearly explaining your business value? It takes a little time and thought to get your marketing message right, which is why so many small businesses fall back on their “About Us” page or product descriptions to describe what they do and for whom. The problem with this approach is that this message is always about the business itself, and not about those you are trying to connect with – your customers.
March 21, 2012 - 8:13pm
Opening a business bank account online can be an easy and painless process when you have all the necessary documentation in place. First, it is important to realize there are several factors that can prohibit one from opening a business bank account on the internet. For example, if a company provides money services, including check cashing, issuing money orders, issuing store value cards, exchanging currency, or wiring funds in exchange for a fee, banks will not allow you to open an account online. You will need to go to the branch personally to open an account.
March 21, 2012 - 6:35pm
Think of social media as a tool for dealing with customers. Like any other tool, or channel, it’s not inherently good or bad for business; its value depends on what you do with it. The underlying problem is clear. It’s essentially the same problem you have with a toll-free number that nobody calls, or an ad that nobody sees. The tool is only as good as the use you make of it.
March 21, 2012 - 4:18pm
Manufacturing is adding jobs for the first time since the 1990s, and our manufacturers are more productive today than ever. That’s good news for America’s producers, but it’s also good news up and down the supply chain. Everybody benefits when manufacturing is going strong. In fact, studies show that each dollar invested in manufacturing creates $2.41 in total economic output. And, for every new job created in the manufacturing sector, another two jobs are created in the surrounding community.
March 21, 2012 - 3:00pm
Guest blog post by Commerce Secretary John Bryson and Interior Secretary Ken SalazarThis month, more than a million visitors from across the country and around the world are coming to our nation’s capital to see the cherry blossom trees that bloom each spring among some of America’s most treasured historical landmarks.
March 21, 2012 - 7:20am
The U.S. federal government buys nearly $100 billion worth of goods and services from small businesses each year. However, for many women-owned small businesses (WOSBs) competing in this lucrative market has been tricky. In fact, in recent years, WOSBs received only four percent of the $400+ billion in government contracts awarded to small businesses.
March 20, 2012 - 2:30pm
In the next few weeks, the Department of Commerce is scheduled to release a series of determinations regarding antidumping (AD) and countervailing duty (CVD) investigations. In light of this, we wanted to share an explanation of the process. Following U.S. law, regulation, and consistent with international trade rules, the Department of Commerce (Commerce) has the authority to conduct investigations of the alleged subsidization or dumping of foreign products sold in the United States. If a U.S. industry believes that it is being injured by