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As posted at SBECouncil.org:
Most members of Congress exclaim to support small business owners and entrepreneurs through their work on Capitol Hill. However, when it comes to how U.S. Senators and Representatives actually vote on legislation that impacts the profitability and survivability of small firms, their actions sometimes don’t match up to all the talk.
SBE Council released its Small Business Scorecard for the 111th Congress this week to get beyond the “talk” and posturing. The scorecard can be found on the SBE Council website. A handy scorecard “quick finder” is also available – a map of the U.S. that allows you to click on your state to see how your U.S. House and Senate Members cumulatively scored on small business KEY VOTES. Read the rest of this entry »
A new poll of small business owners is out this morning, conducted by Bill McInturff and Doug Schoen for the U.S. Chamber Institute for Legal Reform (ILR), and it shows that small business owners are not in a good mood.
“This poll reveals that there is a lot of fear among business owners in this current economic climate,” said U.S. Chamber Executive Vice President and ILR President Lisa Rickard.
According to the survey of 1,000 small business owners, 78% of respondents say that the U.S. economy will either remain stagnant or get worse over the next year. This is the most pessimistic findings I have seen in recent polls.
So what should be done by Washington? It seems that most small business owners agree with me on this one. Two-thirds of small business owners (65%) say government is doing too much that is better left to businesses and individuals. Read the rest of this entry »
Harvard University professors Edward Glaeser and William Kerr recently published an article detailing their long-standing research that contradicts the generally accepted notion that regional economic growth is highly correlated to the number of large employers.
The professors call the systematic approach of local governments offering economic incentives (usually in the form of tax breaks) to large, developed corporations “smokestack chasing.” However, in contrast to generally accepted political theory, their research proves that incentives for the creation or growth of a greater number of smaller or start-up firms is more attributable to regional economic growth. Read the rest of this entry »
By Justin Velez-Hagan
We often receive questions about business opportunities and their potential for success. Although I have come across some crazy business ideas that ended up being gold mines, there are a lot of scams that you need to be aware of if you are looking for a “work-from-home” business.
Here are just a few of the nefarious sort that I came across on Forbes.com. Check it out before you consider a business.
No matter what the opportunity, research, research, research. At a minimum Read the rest of this entry »