Economic Trends
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When the Economy Forces You to Shift Gears
Economic Turbulence Is Hindering America’s Small Business Succession Engine
The dramatic challenges facing the U.S. economy have had an equally dramatic impact on the market of businesses for sale over the past few years.
Despite the steady growth of the number of businesses sold over the last few quarters, the number sold each quarter is still down roughly 40 percent…
3 Steps to Succeeding in the Expertise Economy
There was a time when all you had to do was have a quality product or service and some good marketing. You put together a marketing budget and plan, and then you executed. The companies with the deep pockets and compelling messages seemed to take the lion’s share of the market.
That was then. We…
Canadian Micro Businesses Are Better Exporters than Their American Counterparts
Micro businesses – companies with fewer than ten employees – account for a fraction of exports in most Organization of Economic Development and Cooperation (OECD) countries, according to data released recently by the organization. As the figure below shows, in none of the OECD countries (where…
Shaky Economy be Damned, Say Independent Workers
Many of our readers are independent workers. That includes freelancers, solopreneurs, consultants and contractors. If you don’t get paid an annual salary by someone else, we’re talking to you. MBO Partners released its report entitled “The State of Independence in America”…
Startup America: How’s It Doing?
Back in January, President Obama announced the launch of Startup America, a national campaign to help “knock down barriers in the path of men and women in every corner of this country hoping to take a chance, follow a dream, and start a business.”
The initiative focuses on five areas…
How Will Market Volatility Affect Small Businesses?
August has been a roller coaster for Wall Street and the rest of the world markets. It will be a while before we again approach the Dow Jones Industrial Average high of 14,000 in July 2007, but we are also a long way from March 2009 when the Dow closed at less than half of that figure. The question…
Why Are Women Business Owners So Reluctant to Raise Their Debt Ceilings?
The U.S. debt ceiling has been making news for weeks (really months), but women business owners have debt ceilings of their own that could be holding their business growth back, the recently released PNC Women Business Owners Outlook survey reveals.
Overall, women business owners are optimistic.…
Chart: Small Business Still Not Expecting Strong Cash Flow
One of the legacies of the Great Depression has been a decline in small business cash flow. Despite the economic recovery that has been in place since June 2009, cash flow at small companies has not recovered to pre-recession levels.
Wells Fargo’s quarterly survey of just over 600 owners of small…
Women Small Business Owners Grow More Optimistic About Economy
Women entrepreneurs are more optimistic about the economy than they were six months ago, according to the biannual Key4Women Confidence Index survey, conducted by the Center for Women’s Business Research in April and released in June.
Asked if they thought the economy would stay the same,…
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