October 31, 2014

Top Small Business News Stories: Week of April 19

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small business news april 19

Here’s a recap of the key small business news stories for this week.

All eyes were on Boston, as a tragic bombing took place near the finish line of the famed Boston Marathon on Monday.  Social media, particularly Twitter,  took center stage as a communication channel.  The value of social media showed up again later in the week, during the dramatic shootout that led to the death of one police officer and one suspect.

However, the negative side of social media was also seen.  Rape allegations surrounding TechCrunch founder, Michael Arrington, ended up being tried in the court of social media – and it got ugly.

Below the Small Business Trends Editorial Team puts your small business news for the week into perspective:

Social Media

Tech

  • Flipboard app turns social media feeds into “magazines.”  Users of the new edition of the app created more than half-a-million of these “magazines” in the first two weeks since its release. Flipboard 2.0 is only available for Apple devices right now, but an Android edition is on the way.
  • E-book sales are growing. It doesn’t matter whether you’re a big publisher or an independent. Data from the Association of American Publishers found 23 percent of revenue from book sales came from e-books in 2012. That’s up from 17 percent in 2011. Small publishers take heed. Fewer of your future titles will be sold on paper.
  • You can now get YouTube live streaming on  iPhones. The new iOS app for YouTube means you can stream video,  and your customers and audience can view it on the iPhone.  Some other new features for iPhone users are also available in the app.

Government

  • Small business owners would prefer less government interference. Here’s what the numbers say. One study found nine out of 10 business would prefer less assistance and more predictability from Washington. Another found 70 percent of owners surveyed think federal taxes are harmful. Eighty percent believe regulations are too.
  • National Small Business Week is coming. The annual event hosted by the U.S. Small Business Administration will be held June 17-21, 2013. Events will take place in several cities, not just Washington.
  • CISPA makes its way through the legislature. UPDATE: CISPA was passed in the U.S. House on April 18. It must now be voted on in the U.S. Senate. It will then go to the to the President for signature. Supporters of the Cyber Intelligence Sharing and Protection Act insist the controversial legislation is vital to protect companies from cyber attack. But small businesses and privacy advocates are worried their private information could be shared with the government.
  • A report by the National Small Business Association highlights tax challenges. The report says half the business owners polled take up to 80 hours to complete their taxes. Another third said they spend up to 72 hours just organizing payroll tax information.

Affiliate Marketing

  • Google Affiliate Network to shut down, surprising some. But others point out that Google doesn’t really need a third party network because it offers advertisers so many new options in its search results.  BizSugar member Ivan Widjaya explains why he will miss the Google Network and his search for alternatives.
  • Great resources for affiliate marketing managers.  If your business offers an affiliate program to help drive online sales – or if you are thinking about it – be sure to catch our coverage of the Affiliate Management Days conference.  You’ll find the very latest in thinking from top affiliate marketing experts.

Hiring and Financing

  • Summer hiring is heating up. If you are hiring for the summer months, you may find things a bit more competitive. A poll of 1000 hiring managers nationwide found 19 percent plan to hire more employees this summer, up nine percent from last year. Wages will also be going up, so be prepared.
  • Franchise loans are increasing, but more is needed. Franchisees will have an estimated $23.9 billion in loans available to them in 2013. That’s the highest amount of financing the industry has had since 2009. But it’s still short of the $26.5 billion in loans franchises will need to keep operating or start new operations this year.

Bostonbombing image credit: ABC news coverage

1 Comment ▼

Shawn Hessinger - Editor


Shawn Hessinger Shawn Hessinger is the Editor for Small Business Trends. He is a journalist and social media networker with more than a decade of experience in the traditional newspaper business before moving to the digital world. He was the former community manager of BizSugar and the former community editor at AllAnalytics, a site dedicated to professionals in the business intelligence and analytics community.

One Reaction

  1. Thanks for the mention, Shawn!

    Just to add – indeed, Google doesn’t really need GAN. But International online publishers (like me) benefit greatly from the payment aggregation with AdSense.

    Nevertheless, I think it’s better for us to stick with the big names like CJ or Shareasale – to avoid the need for us to change affiliate links (I need to remove all the GAN affiliate links from my websites – a hassle, really…)

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