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Small Businesses Give – And Get Back—From Their Community

Three–quarters of small business owners said they donate a percentage of their profits to charity, with 5% of small firms donating more than 10%, according to a fall 2008 survey by American Express.

Faced with a tough economy and a strained giving climate, some small firms are making their relationships with area nonprofits work harder [...]

Bailout Money Heading To Small Businesses

Small businesses finally are getting their own little piece of the federal government’s ballooning bailout package.
Yesterday, U.S. officials announced the federal government as part of a broader package will lend up to $200 billion to institutions that originate consumer loans and business loans backed by the Small Business Administration. The rationale, Secretary Paulson said [...]

Collections Strategies For a Bad Economy

The dismal economy is putting many small-business owners in an unpleasant position: having to aggressively pursue customers who aren’t paying their bills on time.
My colleague Simona Covel and I wrote recently that many businesses –- even ones that are otherwise doing fine — are finding slow-paying customers are hurting their bottom line. Some customers [...]

What Innovation Means For Small Businesses

Editor’s note: On Mondays, we’ll be interviewing 2008 Top Small Workplaces winners about their companies and the unique workplace practices that help make them successful. You can read the full 2008 Top Small Workplaces package here. You can also nominate a business for Top Small Workplaces 2009 here.
The ability to innovate and smartly execute new [...]

Friday Memos

On Fridays, we link to a roundup of interesting, informative or entertaining articles and blog posts related to entrepreneurship and small business from across the Web.
- U.S. entrepreneurship rates declined substantially over the past three years, suggesting economic conditions may be affecting entrepreneurial activity. [Global Entrepreneurship Monitor, Babson College]
- Treasury Department’s newest solution to entrepreneurs’ [...]

Want to Create an Innovative Culture? Here’s How.

How well a small company innovates new products and technologies will predict its ability to weather the economic hurdles of the present and future. But successful innovation can’t just be small incremental innovations – it must be “disruptive” or radical innovations that shake up the status quo.
That’s the take-home message of a new article from [...]

Friday Memos

On Fridays, we link to a roundup of interesting, informative or entertaining articles and blog posts related to entrepreneurship and small business from across the Web.
- U.S. entrepreneurship rates declined substantially over the past three years, suggesting economic conditions may be affecting entrepreneurial activity. [Global Entrepreneurship Monitor, Babson College]
- Treasury Department’s newest solution to entrepreneurs’ [...]

Want to Create an Innovative Culture? Here’s How.

How well a small company innovates new products and technologies will predict its ability to weather the economic hurdles of the present and future. But successful innovation can’t just be small incremental innovations – it must be “disruptive” or radical innovations that shake up the status quo.
That’s the take-home message of a new article from [...]

Standing Out in an Industry With a Bad Reputation

I recently tried to find movers for an upcoming move, and the experience left a bad taste in my mouth.
Some threw out so much moving industry jargon (like “binding estimates” and “released value”), I felt helpless trying to compare. Others seemed impatient with my questions. It didn’t help that when I went online for guidance, [...]

Subway Franchisee Forced to Recall Prop. 8 Donation

On Monday, Subway, the second-largest fast food chain in the world, repudiated the action of one of its franchise owners who used the corporate name when contributing $2,500 to the campaign that ultimately banned gay marriage in California.
In a letter to the Subway franchisee in Merced, Calif., the company wrote: “While we understand [...]

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