US Small Business News Round-up – 28/07/2008

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:

  • Impact firms create Oregon’s jobs and growth: “High-impact” firms create Oregon’s new jobs and growth, according to a study released by the Office of Advocacy of the U.S. Small Business Administration.
  • Minimum Wage Rises 70 Cents: About 2 million Americans get a raise as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.
  • Reports Find Errors and Fraud in Small Business Administration Contracts: Millions of dollars in federal contracts intended for small businesses reportedly were awarded to companies that had not qualified or had won the contracts fraudulently.
  • Shifting Careers: Venture Financing With a Mission Beyond Profit: Ray Leach leads a nonprofit called Jumpstart that aims to boost growth in the Cleveland area by providing seed money to promising local ventures.
  • SBA Economic Injury Disaster Loans Available to Wisconsin Businesses: ATLANTA, July 24, 2008 /PRNewswire-USNewswire via COMTEX/ — The U.S. Small Business Administration (SBA) announces today that small businesses, small agricultural cooperatives, and most private non-profit organizations of all sizes in Wisconsin impacted by the severe storms, tornadoes and flooding that occurred on June 5, 2008, and continuing are eligible to apply for Economic Injury Disaster Loans (EIDLs).
  • IFA Supports Small Business “Choice” Act To Bring Healthcare Options To Small Businesses: Bill is Positive Step Forward to Affordable Access to Health Insurance for Employees of Small Franchised Businesses. WASHINGTON, D.C.— The International Franchise Association (IFA) today applauded House Small Business Committee Chair Rep. Nydia Velazquez (D-NY) and Rep. Joseph Pitts (R-PA) for introducing the bipartisan Small Business “CHOICE” Act of 2008 to help small franchised businesses offer affordable health insurance to employees.
  • Should My Business Have a Toll-Free Number?: Consider getting a toll-free number for your small business. These numbers can be a powerful sales and marketing tool. Consumer research shows:

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

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