Small Business News

Small businesses propel local economy
www.wane.com

The week will serve as a chance for local entrepreneurs to learn how to build credit and a solid business plan and connect with potential customers. NewsChannel 15 visited two Fort Wayne small businesses Sunday to see how they got their start and what …

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Why Startups See Big Money in Small Business Marketing
www.businessweek.com

Small business marketing used to be simple. You could buy some space in the Yellow Pages, take out an ad in the local newspaper, and call it a day. The Internet has spawned innumerable new ways to reach customers, from search engines to social …

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Are Credit Unions Saying No to More Small Businesses?
www.businessweek.com

During the Great Recession, banks battered by the financial crisis lent less to small businesses. Credit unions picked up some of the slack, using comparatively strong financial health to fill the demand for small business loans. By one measure, that …

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Small businesses are hiring again — cautiously
www.cbsnews.com

Vaca’s story will sound familiar to small business owners across the country. They want to add staffers, and many are hiring, but they’re taking their time before they commit to a new employee. Many are waiting for signals that revenue will remain strong.

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Why hire? Small businesses are doing more with less
money.cnn.com

Small businesses are hiring — just not as much as they might have in past recoveries. One reason: Some companies that downsized during the crisis are finding that they emerged from the recession as more efficient enterprises. That’s the case for …

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Should Small Businesses Adopt New Accounting Standards?
www.businessweek.com

This week the American Institute of Certified Public Accountants announced a new financial reporting “framework” (pdf) for small and midsize entities. If you like acronyms, and the folks who created the framework do, that’s the AICPA’s FRF for SMEs. If …

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This Week in Small Business: Cronuts!
boss.blogs.nytimes.com

An online resource for entrepreneurs and small businesses releases a guide to help owners get an overview of the different types of Small Business Administration loans. Ked Harley suggests four steps to take before applying for a small–business loan …

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Small business confidence grew slightly in May, survey finds
www.latimes.com

“Small business confidence rising is always a good thing, but it’s tough to be excited by meager growth in an otherwise tepid economy,” Bill Dunkelberg, NFIB chief economist, said in a statement. “The unemployment rate remains in the mid-7s and it is …

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Small business owners need to check credit reports
www.philly.com

Thousands of stunned small–business owners call Dun & Bradstreet Credibility Corp. each week after they’re turned down for loans. Jeff Stibel, CEO of the business credit-reporting company, has a message for them: Don’t blame the bank. Instead, he said …

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Sen. Gillibrand returns to Staten Island waterfront, pledges to help small …
www.silive.com

Currently, more than 380 New York businesses affected by Sandy have received loan approvals but still haven’t acquired the funds necessary to begin rebuilding, according to estimates from the Small Business Administration. The agency said that …

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