Small Business World News Round-up 2009/08/11

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 around the world.

US Home & Small Business News Roundup

  • Obama’s progress: Small business still struggling: While Washington talks up the importance of small businesses and their vital role in economic recovery, small business owners remain caught in a credit maelstrom.
  • Job recovery: Wait till next year: The days of cataclysmic layoffs may be waning, but companies are still cutting every position they can spare. Employment at America’s small businesses, those with less than 50 employees, dropped by another 138,000 workers in July, according to estimates released Wednesday by payroll processor ADP.
  • Repairman’s Advantage: Even in Hard Times, Things Need to Be Fixed: Even during a recession, plumbers, electricians and the like say they are still finding work, albeit not as much as in the good times.
  • Business confidence up, new survey shows: A new survey of small business owners reveals a growing confidence in the economy with expectations of an economic turnaround in 2010.
  • We’re the popular kid: The economy is showing signs of revival, but in the small business trenches, companies are still struggling. Sales are down, credit is tight, and the tally of laid-off workers keeps growing. Leading the federal government’s effort to shore up Main Street businesses is Karen Mills, now four months into her job heading the Small Business Administration.

Canada Home & Small Business News Roundup

Australia Home & Small Business News Roundup

  • More SMEs sure of second-half profits: MORE small businesses are confident about posting a profit in the second half of 2009, the latest National Australia Bank survey shows.
  • Support for promising tech start-ups: Capital idea: The next time somebody says there is always enough money for good companies, I’m going to throw a bucket of cold water over them.I say this in light of news of the ProvencoCadmus receivership. No doubt its current status is due…
  • Small business optimistic about economy: The attitude of small and medium businesses to the Australian economy has dramatically improved over the last three months, with most expecting activity to expand or remain the same.
  • Stimulus could hurt recovery unless wound back faster: The Australian economy will recover from the global crisis faster than any of us thought. The Reserve Bank will lead the world in reversing the over-sized interest rate cuts of late last year and early this year.
  • SMEs upbeat about profit outlook: Small business conditions have improved and the outlook for profits among SMEs is at its highest since last September, according to the results from the latest NAB SME survey.

UK & Ireland Home & Small Business News Roundup

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