US Smalll Business News Round-up – 2009/05/11

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:

  • For Small Employers, Shedding Workers and Tears: The often personal task of laying off workers can inflict a large emotional toll on small-business managers.
  • Why Small businesses Still Can’t Borrow Money: An interview with Doug Tatum, a financial consultant and champion of a tax-deferral plan that he says could unleash the job-creating power of small businesses.
  • Oregon small business to get federal help: The U.S. Small Business Administration has approved the Oregon Association of Minority Entrepreneurs as a micro lender for Oregon and Southwest Washington to help small businesses in need of capital and laid-off workers who are starting their own businesses.
  • Selling them on your vision: Entrepreneurs launching a small business need capital to get off the ground. Loans are tougher to get these days, so pitching your startup idea as an investment opportunity might be an option.
  • Cutting costs hour by hour, worker by worker: As the recession drags on, business owners face daily decisions about what to cut next to stay ahead of declining sales.
  • Small biz needs more from Obama: There is little doubt that President Obama has taken some big, bold steps to get the economy moving again. But those who could be the engine of this recovery have a message for him: think smaller
  • Houston Growth Summit to shed light on city’s future: The Houston Growth Summit on May 21 aims to give local executives and entrepreneurs an opportunity to get ahead of the business curve.
  • Car dealers applaud SBA loan change: Automobile dealers and SBA lenders praised the Small Business Administration’s decision to make more businesses eligible for its government-guaranteed loans.

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

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