Latest Stories for October, 2003

 

High Tech and Small Business in Demand

Software and IT-related firms: here’s some good news. According to the Bureau of Labor Statistics, 8 of the 10 fastest-growing occupations in this decade will be technology based. Here is the list of where the new jobs will be: 1. Computer software engineers, applications — 380,000…

Government Contracts for Small Businesses

A significant number of small businesses are doing government work. Yet, overall, small businesses are not competing as effectively for government work as large firms. That’s according to a study reported in today’s Wall Street Journal. Small businesses report that less than 5% of…

Safest and Riskiest Small Businesses

What are the safest small businesses to start? And which ones are riskiest (most likely to be unprofitable and fail)? An interesting site, www.bizstats.com, looked at profit and loss data for 2002, and came up with some intriguing answers. The site measures the percentage of businesses by…

Small Businesses Depend on the Web

A 2003 study released this week by Interland, Inc. shows a revealing picture about small business and the Web. Over 78% of small businesses report their companies benefit from having a Web presence. 51% say their Web site provides credibility. Another 33% said their Web site is their most…

Management Skills, not Capital, Predict Success

It doesn’t really matter how much startup capital you have. Startup capital is NOT the leading predictor of success, according to Inc Magazine. PDF report here with facts and figures. What matters more is your ability to manage a growing business. Inc Magazine studied the companies in…

Best Cities for Entrepreneurs

According to a report in Entrepreneur Magazine, the top ten cities for entrepreneurs in the United States are: Minneapolis/St. Paul; Washington, DC; Atlanta; Fort Lauderdale; Salt Lake City; West Palm Beach; Norfolk; Miami; Charlotte; Orlando. Makes you wish you lived in one of these…

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