US Small Business News Round-up – 02/06/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from the United States:

  • A Crippling Year For Small Business: Few Sales, Tough Cash Flow: Small businesses think the economy is falling apart with little light at the end of the tunnel. The Discover’s Small Business Watch index of confidence showed that “only 28 percent of business owners said that economic conditions were improving for their businesses,” according to Reuters.
  • Small-business optimism at 5-year low: Small-business owners’ confidence in the economy has hit a five-year low, according to the Wells Fargo/Gallup Small Business Index conducted in April.
  • Small-Business Outlook Declines: Owners continue to struggle with lower revenue and higher costs, a survey finds.
  • Small-Business Confidence Rises: The Discover Small Business Watch reported that small-business economic confidence is rising as cash flow issues improve. The monthly poll of 1,000 small-business owners with less than five employees said economic confidence rose more than five and a half points in May to 81.8, up from 76.1 in April.
  • Hearing will examine small business energy costs: US Senator John F. Kerry is scheduled to chair a field hearing titled “The Rising Costs of Energy: Challenges and Opportunities for Small Businesses” in Pittsfield tomorrow.
  • Small Businesses on Discount: In tough economic times, the number of small businesses for sale goes up, but so does buyer interest. Still, sales take place at lower prices.
  • PayPal- Small Business Tool: PayPal offers features to earn you money outside of eBay as well PayPal is a popular system for making eBay auction payments, but if you’re a small business owner with a PayPal account, PayPal may off

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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