:: Small Business Tax Cut Likely Dead
The House passed on Thursday a Republican plan
to cut taxes on small businesses by as much as 20%, a measure
the party characterized as its answer to President Barack
Obama's "Buffett Rule."
But the bill, approved on a mostly party-line 253-173 vote,
is expected to stall in the Senate and has already drawn
a White House veto threat.
:: Small Business Administration
In celebration of National Small Business Week
2012, SBA is looking for creative videos from small businesses
that show how they have been helped by an SBA program or
service. The contest will raise awareness of the importance
of SBA programs, and the impact the small businesses that
use them have in their local communities.
Three winning videos will also be shown during a Google+
Hangout hosted by the SBA and the White House with SBA Administrator
Karen Mills Thursday, May 24. The winners can also participate
in the event with Mills while she answers questions from
small businesses around the country. All qualifying videos
will be showcased on SBAs YouTube page.
:: Tax Day Stress
Tax day, or April 17, is fast approaching. And
small business owners have been working overtime to make
Uncle Sams deadline.
According to a survey by the National Small Business Association,
64% of small-business owners reported spending more than
40 hours this year dealing with federal taxes -- up from
57% last year. An even more striking number is the 45% who
reported spending more than 80 hours ȑ or two full workweeks
-- crunching their numbers.
:: What Small Businesses
Need to Know About Twitter
In late February, Twitter began recruiting small
businesses for a new advertising service by offering credits
of up to $100 for those who signed up to help it beta-test
its ideas. The service was supposed to go into testing during
March the recruitment site is still live if you want to
participate, and the social networking technology company
hopes to sign up people for real starting in late 2012.
Meanwhile, the social networking company has released a
guide to help small-business owners get started as tweeps.
Some of the ideas are very rudimentary and intended for
neophytes, focused on explaining how to use hashtags or
retweets to reach different or broader audiences.
:: Gas Prices Effect on Small Businesses
A new survey from the National Federation of Independent
Business shows that small businesses are being seriously
hurt by soaring gas prices, and Bill Fosters out-of-touch
Democrat leaders in Washington are only offering policies
that will make prices even worse. With small businesses
in Illinois and across the country forced to scale back
and raise prices for consumers under increasing pressure
from rising gas prices, will Foster join his Democrat leaders
in making the problem even worse?
:: Small Business Success
A billion dollars - that is billion with a B -
to purchase a company with only 13 employees and absolutely
That is how much Facebook paid to acquire Instagram, a mobile,
social photo application. That may sound outrageous, but
come on, would not you like to know how you can grow your
startup company to be the next Instagram?
:: Do Not Get Sued
When you own a business, especially a successful
one, lawsuits are sometimes inevitable. Small
businesses are a popular target because people assume most
will settle rather than go through the hassle and costs
of defending a suit.
:: Small Business Stress
To say that small business owners, viewed as the
backbone of the U.S. economy, have been heavily affected
by the stress and strains that such a title demands, would
be an understatement.
According to a new survey from U.S. insurer Hiscox, small
business owners are eager to take on new challenges despite
reports of increased physical and mental stress.
The study, surveying 1,002 business leaders of companies
with up to 249 employees, reported three quarters of respondents
claiming physical health issues as a result of stress at
work. Many replied that lack of energy was a major consequence
of the stress 33%, while headaches 32%, back pain 30% and
anxious thoughts 29% were also frequently mentioned.
:: Small Businesses Short-Changed
The U.S. government has missed its small-business
contracting goal every year in the past decade, a sign of
the continuing barriers facing companies competing with
larger rivals for federal work.
The government has a target of awarding 23 percent of eligible
prime, or direct, contracts to small businesses. It awarded
21.8 percent of $423 billion in such awards in the fiscal
year that ended Sept. 30. The Pentagon, which represents
more than two-thirds of all prime contract revenue, has
also missed its goal for 10 years, according to federal
:: $100 in Free Google AdWords
Google Adwords are one of the best, most cost-effective
forms of marketing for any business, small or large. Now
to encourage more small to mid-size businesses to explore
Google Adwords, the company is offering $100 in free online
ads through qualified agencies. One such agency, Lawrimore
Inc., tells how valuable Google Adwords can be through an
experience of a small business in the Charlotte NC area,
and how you can get your free Google ads worth $100.
:: Business Plan Competitions
Dozens of business plan competitions are happening
all across America, and April is one of the biggest months
for these contests that provide money for entrepreneurs.
:: Follow Small Business
Software on Twitter
:: Get Your Small Business in Shape
Small businesses are running lean these days, but
that does not necessarily mean they are in good shape. No
doubt this year will be challenging. Crossing the finish
line will require being in tip top shape.
Here are some tips to get your small business in fighting