US Small Business News Round-up – 24/11/2008

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:

  • What the Financial Crisis Means for You: The rules of small-business banking have changed, and that’s bad news for the economy. But there are ways to cope, and there may even be a silver lining.
  • Is the Economy Stressing You Out?: Business owners and employees alike are feeling anxious and losing sleep — and all that concern about layoffs, rising costs, and a tumbling stock market is taking a toll. A look at how you can cope.
  • Virtual St Louis business incubator launched: A new Web site aims to help pair entrepreneurs with nonprofits wanting to provide services to build small businesses.
  • Wells Fargo named top small-business lender in Texas: Wells Fargo Bank, NA has been ranked the leading small-business lender in both the United States and Texas, according to the latest Community Reinvestment Act and Small Business Administration data. (WFC)
  • Small Business Technology Provider Named a BBB Accredited Business: BBB accreditation for PaySimple, provider of merchant account and ACH processing technology for small businesses, shows its commitment to ethical conduct and customer service.
  • Small-business success is built on ideas, spirit: It’s often said that if you build a better mousetrap, the world will beat a path to your door. These days, entrepreneurs and inventors don’t have time to wait for the world to come to them.
  • Groups can help small businesses grow: Southeast Michigan small businesses meet demands for products and services and create jobs. They are quicker to adapt to change and often collaborate with large corporations to build on one another’s innovations, generat- ing local growth. But in these economically challenging times, are small businesses doing all they can to thrive?
  • Now More Than Ever Small Business Owners Need To Protect Their Assets From Theft: A New Small Business Resource, Launched at www.BusinessTheft.com, Aims To Educate Small Business Owners About the Risks of Business Theft and Business Security Measures They Can Take To Prevent It
  • Chamber/MAST partnership secure grant to help small business access insurance: The Chautauqua County Chamber of Commerce (CCCC) and Manufacturers Association of the Southern Tier (MAST) have partnered with the Chautauqua County Health Network (CCHN) to develop a plan to expand insurance coverage in the small group and individual market of Chautauqua County.
  • Year-end planning gets more complex for businesses: One of the most important tasks for small business owners is a year-end checkup of their companies’ financial health. It’s even more critical now as the economic downturn persists.
  • The Forgotten Small Business: Almost all elected officials will tell you how important small business is in their states. However, the financial crisis largely has been focused on the problems of Wall Street institutions. Washington must be mindful of supporting small businesses during these tough economic times.
  • Hardscrabble economy nicks SBA lending in San Antonio, nation:The local office of the U.S. Small Business Administration, between fiscal 2007 and 2008, posted a double-digit percentage increase in the dollar value of loans made, but loan volume went in the opposite direction, according to figures released by the San Antonio SBA office.

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

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