US Small Business News Round-up – 2009/03/02

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:

  • Peanut butter recall leaves small business ill: To Betsy Sanders, the nationwide salmonella outbreak tied to peanut butter has been a hurricane. Her tiny cookie dough business is the debris.
  • Skill Level of Temp Workers Rise Amid Recession: Highly qualified workers are becoming temps, and companies who hire temps can benefit
  • SBA’s ‘Goodwill’ Leaves Bad Taste for Small Businesses: The business brokers, who guide buyers and sellers of companies through those transactions, say a new government rule could dramatically harm their businesses while blunting the ability of many recently laid-off Americans to find new avenues of work and income.
  • No small differences over Obama’s treatment of small business: U.S. budgets can really bring out the passion in people. So much so that it’s no wonder it’s hard for anyone to agree on how Washington should tax and spend.
  • LAMBRO: Obama’s budget to raise small-business taxes: President Obama’s proposed budget reopens political battles on two key fronts – higher income Americans and small businesses who will be hit hard by higher taxes, and the health care industry that will see deep cuts in government medical payments.
  • ABC’s Tapper joins media advancing small business falsehood: ABC News’ Jake Tapper, CNN’s Dana Bash, and Fox News’ Sean Hannity advanced the falsehood that President Obama’s plan to allow the Bush tax cuts to expire for wealthy taxpayers would cause a large percentage of small businesses to pay higher taxes. In fact, according to the Tax Policy Center, just 2 percent of tax returns that reported small business income in 2007 are in the top two income tax brackets, which include all filers with taxable incomes that would be affected.
  • EU to scrap some small business accounting rules: BRUSSELS – European Union regulators suggested scrapping financial reporting requirements for small companies, saying they shouldn’t have to file the same kind of annual accounts or do the same regular audits as large firms.
  • Using beer to stimulate small business?: CHICAGO (Reuters) – The U.S. public is bubbling over with ideas on how to spend the billions of dollars set to flow to states from the federal stimulus program — including six-packs of beer, airboats and bathtubs.   
  • Small Business Wins Grant for Green Fast Food: If good things come in small packages, then a $70,000 small-business grant from the U.S. EPA could rock the fast food world. The pea sized grant will go to develop a low cost pollution control retrofit for commercial underfired charbroilers like the one at your local burger joint. Innova Tech, the company that won the grant, is developing an energy efficient system that combines a filter, vapor condenser, and continuous grease removal system. If the technology proves successful, it could provide a key to reducing the impact of commercial cookeries on rapid glacier melt.   

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

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