US Small Business News Round-up – 13/10/2008

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:

  • Business’09 – Win $20,000/£10,000: On December 1st, 2008 WinWeb will launch it’s Business’09 campaign, where micro business owners or entrepreneurs thinking about starting up can win up to $20,000 or £10,000, to turn their vision into reality.
  • Bay Area business calendar: Help to make small businesses grow BiztechDay, an event designed to help small-business owners and entrepreneurs expand their businesses with the help of the Internet and Web 2.0 tools, will be held from 8:45 a.m. to 6 p.m. Oct. 25 at the Hilton San…
  • Hard times already hit many small businesses: Wall Street woes are sending chills through Main Street, forcing businesses to start adjusting to a dour economic reality. As consumers cut spending, merchants are forced to lower prices, reduce opening hours and slash inventory.
  • In the Hunt: Economy Stalling Your Small Busines? Shift Gears?: These may not be the best of times to start or run a small business, but one man’s struggle to hang tough may hold lessons for the legions of entrepreneurs.
  • Bofa agrees to $4.7b auction-rate securities settlement: Bank of America Corp. will buy back as much as $4.7 billion in auction-rate securities it sold to about 5,500 investors, small businesses and small charities before the market collapsed in February. (BAC) (WB)
  • Rell asks Conn. banks to help small businesses: HARTFORD, Conn. – Gov. M. Jodi Rell laid out a plan Thursday that she says will help maintain a free flow of credit in Connecticut.
  • Office Depot plunges on small business concern: CHICAGO – Investors worrying about how the credit crunch will affect small businesses sent shares of Office Depot Inc. to a 17 year low on Wednesday.

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

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