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March Drop in Loan Approval Rates at Big Banks Is a Cause for Concern
Small business loan approvals by big banks ($10 billion+ in assets) dropped to 10.9% in March, down from the 11.7% figure reported in February. This figure represents a 6.8% decline over a one-month period and from the 11.6% approval rate one year ago in March 2011.
According to the Biz2Credit…
Bubbles Do Burst
I can’t decide if it was more fun to burst the bubbles that I was blowing through one of the bubble wands that I used as a kid or if it was more fun to watch them float high up in the sky, hoping that they wouldn’t burst. But, they always did. It’s just what bubbles do.
Bubbles occasionally…
Women Entrepreneurs: Bullish About Their Businesses, Bearish on the Economy
How do women business owners feel about the economy in general, their business outlook in particular, and the role of government in business? The Hartford surveyed women entrepreneurs in honor of Women’s History Month last month to learn the answers to these and other questions in its Small…
3 Hot Demographics Your Business Can Profit From in 2012
Remember when the Baby Boomers were the hottest consumer group to target? The Boomers are still pretty influential, but this year, three different age groups are making waves with their size, influence and purchasing power. Here’s a closer look.
Children
If you think the baby boom is over,…
JOBS Act May Help With Microbusiness Capital Woes
It’s possible that Congress might just have gotten one right. When does that ever happen? Both chambers of Congress passed the Jumpstart Our Business Startups (JOBS) Act (H.R. 3606), to the accompaniment of much bally-hoo. The bill, which has been touted as a much-needed kick in the pants…
Daily Deal Site SaveMore Accused of Being a Scam
The Better Business Bureau has issued an alert to the public about daily deals site SaveMore.com, which according to over 1,000 complaints “took money for daily deal coupons, never delivered.” This case illustrates one of the risks of dealing with daily deal sites whether as a consumer…
Obamacare Decision by Supreme Court Will Impact Small Business
The Supreme Court concludes arguments on President Obama’s health insurance overhaul this week and whether to strike down the health insurance reform measures.
Signed into law by President Obama two years ago, The Patient Protection and Affordable Care Act — commonly referred to as…
How to Take Advantage of the Crises in State Governments
How’s your state doing? In California, where I live, there’s mass outcry over possible state budget cuts that could hamstring public schools, colleges and universities if a tax increase slated for the November ballot doesn’t pass. All this, despite the encouraging news about job creation and…
Small Business Mentoring Tips from Champions of Change (Honored at the White House)
This the National Mentorship month and the White House held an event to honor 12 Small Business Champions of Change from all over the US on March 7, 2012. I had the great honor to attend this event (Web.com and Network Solutions, the companies I work for, were active supporters of this event and so…
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Don't Be Afraid Of Paying Big Commissions
Many business owners understand that paying salespeople (straight) commission is a great way to motivate and reward them equitably for… Read MorePopular Posts
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