Spiking sales might make for good cocktail conversation, but if you don’t turn a profit–and keep turning one–you won’t be in business very long. With the help of Sageworks, a Raleigh, N.C.-based accounting consultancy and private-company data provider, Forbes assembled a list of the 10 most profitable businesses, on a pretax basis, that aspiring entrepreneurs […]
The 10 Most Profitable Small Bizs Read More »
How do one-person businesses get big? They’re always promoting themselves–always. PC World has put together some promotion ideas. Add your web site URL to your e-mail signature. Create a Facebook group for your business. Write a humorous blog about your product or industry (check out Chris Lindland’s Cordarounds blog for ideas). Submit your gems to
Constantly Promote Your Biz Read More »
Small businesses in the U.S. are still waiting for the economic rebound that’s enabled larger companies to obtain low-interest credit and to boost exports and production in recent months. Smaller companies aren’t much more optimistic than they were in the depths of the recession, according to a survey released by the National Federation of Independent
Small Bizs Still Searching For Recovery Read More »
Small business owners who are so inclined to purchase an iPad, will undoubtedly find clever uses for it to enhance worker productivity, reports PC magazine. – iPad As A Presentation Device: The killer feature that’s tailor-made for the business set is the ability to connect the iPad to a video projector. This, coupled with iWork’s
Small Bizs Can Benefit From iPad Read More »
In March 2009, President Obama vowed to address the drought of bank lending to small companies and announced an initiative to use $15 billion from the federal bailout to unfreeze the markets that finance Small Business Administration loans. More than a year later, the program was finally launched — as a $21 million effort, reports
$21 Million Program To Aid Small Biz Read More »
According to a story in USA TODAY, David Harmer didn’t think he’d have a problem getting a $50,000 line of credit for his 33-year-old air-conditioning business. First Class of Cape Coral, Fla., was profitable. Harmer’s net worth was $2 million, and he’d never been late with a loan payment. As Harmer tells it, a bank
Small Banks Can’t Win In Small-Biz Lending Read More »
According to the BBC, the online revolution in Brazil has opened up new opportunities to create small businesses that never existed before. Fabio Seixas is a 35-year-old “serial entrepreneur” whose three previous businesses went bust. But he appears to have struck gold with an innovative way of selling designer T-shirts online, by getting his customers
Brazilian Entrepreneurs Thrive On The Web Read More »
According to Sign On San Diego, a survey states that pessimism has risen among small businesses during the past month. The fallback in confidence is occurring even as the economy seems to have bottomed out, with retail sales picking up nationwide and an increasing number of small businesses preparing to add workers. “News about the
Optimism Down Among Small Business Owners Read More »
CNNMoney reports that a 30 year GM veteran is applying his auto industry knowledge to a company that makes vehicles for the disabled.
Making Wheels For Wheelchairs Read More »
Photo by SBA. In a case of legislative déjà vu, the Small Business Administration has announced that funding for two popular lending programs is on the verge of running out – again, Emily Maltby reports in the WSJ. The government agency has encouraged lenders to make more loans to Main Street businesses by reducing the
Stimulus Funding for SBA Loans Runs Out—Again Read More »
