US Small Business News Round-up – 2009/03/09

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:

  • Mr. Beef Tells Washington of Small-business Woes: The owner of a well-known Chicago restaurant tells Congress about his trouble with his bank.
  • Word-of-Mouth Marketing Can Bite Back: A lot of reputations are at stake when you give a referral–including yours. Make it count and keep your integrity.
  • Targeted E-Mail Marketing: Use list segmentation to target the right customers at the right time. Your bottom line will thank you.
  • Fed launches consumer credit program: The Federal Reserve on Tuesday rolled out a much-awaited $200 billion program to spur lending for cars, credit cards, education and small businesses.
  • A Social Solution, WIthout Going the Nonprofit Route: More start-ups are occupying a middle ground between a nonprofit venture and a business with a social priority.
  • Boon for small businesses: PITTSFIELD — The economic stimulus package that is designed to create jobs and transform the economy also contains several provisions to help small business owners, representatives of the U.S. Small Business Association said on Thursday.
  • For self-employed, lost dreams and vacant offices: They face extra-lean times as their small businesses evaporate. They’re left largely to fend for themselves because they don’t qualify for unemployment benefits.
  • Nonprofits see more small-business loan requests: A loan – or lack thereof – came between Tony Sbarra and the opening of his 18-hole miniature golf course in Bridgeton. Two and a half years ago, the credit markets were flush with cash and the banks were willing to talk, Sbarra said. But he spent much of that time wrangling over the course’s site plan, and he was only ready to secure a lender last year. By then, the market had become a sand trap.
  • Business leery of Obama’s tax plans: The nation’s most successful small business owners could pay higher taxes under President Obama’s budget plan.
  • Kostrzewa: Rhode Island needs to do more to help small businesses: Small businesses are vanishing from Rhode Island. Walk through a local shopping district and count the closed storefronts; drive through an industrial or office park and tally the number of for-lease signs.
  • What Universal Health Care Could Mean for Small Business: President Obama is asking for a down payment on universal health care, but there’s still no agreement on how to achieve that goal, and in the meantime local business owners are worrying about the cost.

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

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