As part of an ongoing review of all size standards, the SBA evaluated all of the revenue-based size standards in these sectors to determine whether to revise the existing size standards. SBA took into account the structural characteristics within individual industries, including average firm size, the degree of competition, and federal government contracting trends to ensure that size definitions reflect current economic conditions within those industries.
More and more people around the world are becoming entrepreneurs, according to a Global Entrepreneurship Monitor 2011 report released Thursday. The world’s so-called “innovation-driven” economies saw an increase of 22 percent in early-stage entrepreneurship in 2011 over the year before, as measured by the number of people operating a business that’s less than 3.5 years old.
Washington Post: Even with risks, the cloud offers advantages for small businesses By Erik Larson, Published: January 27 Just about every small business owner, and anyone else for that matter, has been hearing a lot about “the cloud” lately. Internet behemoths like Google, Apple and Amazon are fighting it out for cloud superiority, as are other […]
Too often, the role local businesses play in the life of the communities they serve can tend to be overlooked. Owners and proprietors of small businesses are the moving forces behind Business Improvement Districts, merchant and business associations and local chambers of commerce. Through these organizations they foster clean streets, holiday lights, tree lightings, Fourth of July festivities and sidewalk sale days. Yes, these activities earn recognition for the enterprises that sponsor them, but they add to a community’s sense of self and civic pride as well.
With more boutiques offering ecommerce and nationwide promotional efforts for the shop local movement continuing, Local Hem expects to see more consumers shopping small in 2012.
The vote was a victory for Speaker John A. Boehner. House Democrats voted overwhelmingly against the bill, forcing Mr. Boehner to rely on Republicans, including many conservatives who had initially expressed doubts about the economic value of extending the payroll tax cut.
The Fed said in a statement today that it slashed the so-called dollar overnight index swap rate to 50 basis points from 100 basis points, or 1 percent, until Feb. 1, 2013.
“The purpose of these actions is to ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity,” the central banks said in a joint statement.