:: Small Businesses Hit Harder By Disaster
For East Coast business owners shaken by last weeks
earthquake and bracing for Hurricane Irene's onslaught,
the stats are gloomy. Twenty-five percent of small businesses
hit with a disaster like a flood or an earthquake never
:: Class for New Small Business
A new session of Entrepreneur School will launch
early next month at Southwest Florida Enterprise Center,
the city of Fort Myers' small-business incubator.
Entrepreneur School runs one evening a week, for six consecutive
weeks. It boasts more than 200 past participants. This program
could be right for you if:
- You are thinking about starting a business;
- You are starting a business but are confused about everything
you have to do; or
- You own a business, but are dissatisfied with the results.
:: Towns Adapting and Dropping Regulations
for Small Businesses
The poor economy is prompting many cities to bend
their rules to help struggling businesses. Their actions
could pay off for residents as well.
In Lighthouse Point, neon-lit Open signs now are
tolerated in storefront windows. Downtown Boca Raton is
welcoming sandwich-board business signs on sidewalks. Restaurants
in Fort Lauderdale, Margate and Lauderdale-by-the-Sea now
can sell alcohol at Sunday morning brunch. And in Boynton
Beach, the commission in September will consider easing
requirements for sidewalk cafes downtown.
:: Small Business Scams
Scams that target small businesses come in a number
of forms, and can leave your business vulnerable and exposed
to a variety of threats.
Scammers will often go to great lengths to convince businesses
that their offer or request is legitimate. Many scams succeed
because they look like the real thing or try to take advantage
of a busy office environment.
The best defence to protecting your business is by being
aware of the most common scams targeting businesses, and
knowing what to do if you are targeted by a scam.
:: Disaster Survival Tips for Small Businesses
The devastation may seem overwhelming, but business
must go on as quickly as possible. Here are some tips to
consider to help your business bounce back and get up and
running as quickly as possible in the wake of a disaster.
1. Have a Plan.
Consider what the impact will be if power and communications
are down for a day…or a week. Communicate now--proactively--with
suppliers, partners, customers, or other affected parties
to explain the situation, and to inform them that business
may be interrupted, and you may be unable to communicate
reliably, but that business will resume as quickly as possible.
Survival Tips or Small Businesses
:: Business Continuity Plan
In the event of an accident or disaster,
small business employees are well positioned to keep operations
running smoothly while a business owner is away.
Developing a business continuity plan and sharing it
with employees can prepare them to properly navigate most
emergency situations while the business owner is out of
:: Definition of Small May Change
A new definition of what constitutes a small business
being considered by the Treasury Department is raising concerns
among some closely held companies that it’s a step toward
requiring them to pay corporate taxes.
The proposed definition, included in an Aug. 9 Treasury
report, places the upper limit for a small business at $10
million in annual gross income or deductions. Currently,
there is no size limit on what constitutes a small business
for purposes of tax policy discussions.
:: Tech Tips for Small Businesses
Attracting new customers can be a challenge for
any company, and small businesses have to work exceptionally
hard to reach this goal. By using Facebook the right way,
Galloway business owners can spread the word about their
The first thing you’ll want to do is set up a Facebook
account for professional use. You probably won’t want
to mix your personal and professional Facebook friends,
and the easiest way to keep them separate is with a second
account dedicated to professional use.
Once you have created the account, take the time to fill
out all of the information fields.
:: Small Business Industries You Should
Not Touch With A 10-Foot Pole
This economic recession has brought a plethora
of business failures and it’s safe to assume that once
the economy gets roaring, many of these failed businesses
will come back and be very successful. However, some businesses
will never recover to what it once was.
History has shown this to be true.The telegraph industry
was decimated by the Great Depression, ultimately getting
replaced by new technology (telephone) coming out of that
:: Does Every Small Business
Need a Website?
Yes, you need a website. No matter the size or
type of your business, if you’re trying to compete in
todays tech-savvy world then you need a website in order
to market yourself, gain traction in your industry and simply
be found by customers. Today when someone is looking for
a dry cleaner, antiques dealer, or hair salon they are going
to Google. Lets face it, most people don’t even open that
big yellow book that shows up on their doorstep each year.
Do not have a website? Only listed in the directory sites?
You are losing customers.
You can start with web
:: Small Businesses Must Adapt or Suffer
Small businesses tend to be more agile than large
corporations, but in order to take advantage of that strength,
they must be willing to adapt with changing times in order
to prosper and survive. This is especially true when faced
with a difficult economic climate.
Businesses Must Adapt or Suffer the Consequences
:: Facebook for Business
The latest cat-and-mouse battle between Facebook
and Google is being fought in the business world – specifically,
the world of business as it appears on each company's social
network. And Facebooks newest salvo, a guide to Facebook
for Business, is a direct thumb of the nose against
its scrambling competitor.
The company unveiled Facebook for Business earlier this
week, but don't be alarmed by the title – it is not a
new feature or page setup on the site for businesses. Rather,
Facebook for Business is a small portal that Facebook created
to show companies how they can maximize their social presence
on the site.
:: Small Businesses Hesitant to Hire
Privately-held businesses are aggregately performing
better now than at any point since the recession -- sales
are growing across the board, and profit margins are increasing,
too. With such objective evidence of success, privately-held
businesses should be celebrating. Instead, they are cautious.
The National Federation of Independent Business reports
the Small Business Optimism Index, a measure combining ten
factors including plans to invest, planned hiring and expected
Small business represents 64 percent of net new jobs for
the past 15 years, but -- in spite of their profits and
growth -- small businesses haven't been hiring lately, according
to the still-elevated unemployment rate. There is too much
uncertainty for employers to take on the long-term financial
risk of new employees.
:: Groupon Not Appealing
A business Insider survey of 16 small business
owners in San Francisco who have done business with Groupon
found that more than half of of the owners would not want
to do another Groupon deal.
Even with just over half of the business owners not wanting
to participate in another Groupon daily deal, more than
60 percent of the surveyed businesses called the deal a
success. The majority of respondents offered between 70
and 80 percent off, according to charts on the website.
Just under 60 percent of the surveys respondents recevied
between a 25 and 50 percent revenue split with the Chicago-based
:: Small Businesses Damned
The clock is ticking to raise the national debt
limit. Lawmakers have just two days left to come to an agreement
before the government defaults on its loans. But one local
business owner says it might not matter either way.
We are basically damned if we do and damned if we do
not says Daniel Nelson.
Daniel Nelson, owner of small business Chocolat by Daniel
in Rockford says, even if lawmakers raise the debt limit
before Tuesdays deadline, our nation won't necessarily be
in a better state.
If we do raise the debt limit, we continue down the path
we are currently on; spending, spending, spending, getting
deeper in the hole, says Nelson.
But if we default on our bills small businesses like Nelsons
could be stuck paying higher interest rates.