Here is a digest of ten of this week’s top news stories for home business, micro business, sole-traders, freelancers, self-employed and anyone who is interested in small business news from the around the World:
- ISME: Small business ‘being destroyed’ by late payments: The Irish Small & Medium Enterprises Association (ISME) has accused the Government of “dereliction of duty” in the struggle to ensure prompt payments for small and medium firms from big business and state bodies.
- Indian SMEs are most optimistic of economic recovery: Study: MUMBAI: Indian small and medium enterprises (SMEs) are most optimistic of economic recovery this year amongst other countries in Asia, a study has found.
- Survey shows SMEs want simplified international accounting standards: An overwhelming number of small businesses support the introduction of special international financial reporting standards for SMEs that could help cut complexity and cost.
- Security breaches cost SMEs $600 million – heres how to avoid them: Small businesses lost over $600 million due to security breaches in 2007, according to a new report from the Australian Institute of Criminology.
- Five reasons why we want our politicians to take a break: For Canadians who believe in a deity, it’s overdue to petition the heavens for a favour.
- Byte-Size Small Business Academy
- Cash flow vital to business growth: Cash flow is the life blood of small business. A great idea, passion and prospective customers are what you need to start a business, but cash flow allows it to thrive and grow. Without it, business fails.
- Government readies emergency loans: One week before its emergency loan program is slated to launch, the US Small Business Administration issued guidelines for banks and borrowers on how the new loans will work.
- Small business planning for upswing: Many small business owners in the USA are marketing, reworking business models and looking at possible real estate deals with the expectation an economic upturn is not far off..
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.