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Friday Memos

- A federal health-insurance mandate requiring all employers to purchase health insurance for employees would result in the loss of about one million jobs from small businesses between 2009 and 2013, a new study finds. [NFIB]
- The bailout bonanza doesn’t appear to be encouraging the banks to lend more. A WSJ analysis of 13 big [...]

Top Small Workplaces 2009: Nominations Due Today

Today is the last day to nominate a small business or nonprofit for Top Small Workplaces 2009 – a project that recognizes small employers with exemplary workplace environments.

You can fill out the online nomination form here.
The project is a collaboration between The Wall Street Journal and Winning Workplaces, an Evanston, Ill., nonprofit that helps [...]

The Economic Stimulus Bill: What’s In It For You?

Yesterday, the House approved its version of the economic stimulus package, estimated to cost $819 billion. The next step is the Senate. The bill includes breaks for struggling businesses. But is there enough for America’s millions of struggling small businesses?
According to this WSJ story, the highlight for many businesses is a set of provisions that [...]

How Small Businesses Can Avoid a Tax Audit

The federal government thinks many small-business owners under-report their income, and thus has been cracking down on them to help shore up its own budgetary problems.
The message for you: The tax auditor might want to take a look at your books. So how can you avoid that?
Though it’s unlikely you can dodge an [...]

Investment Track Record of Obama’s SBA Pick Is Questioned

Some people have questioned whether a venture capitalist is the right choice to head the Small Business Administration. But even further, what if that venture capitalist had a questionable track record investing other people’s money?
ProPublica.org recently explored the performance of Solera Capital, the New York-based private-equity fund that newly appointed SBA administrator Karen Gordon Mills [...]

In-N-Out Burger vs. McDonald’s: Guess Who Won?

Consumers rate regional food chains above national fast-food chains in overall customer experience, according to a recent survey by Sandelman & Associates, a San Clemente, Calif., market research and consumer-trends firm.
In a survey of 94,000 users last year, In-N-Out Burger of Irvine, Calif., was the top winner in overall customer satisfaction, which takes into account, [...]

Some Small Businesses Get Their Own Bailout

Small-business owners have griped for months that they’re being left out of the government’s massive bailout of big financial institutions and auto makers. They’re frustrated that the government is giving money to banks, and banks are stuffing it in their vaults instead of lending.
Now a few small businesses are finding out what it feels [...]

Next Step in Green? Encouraging Consumers to Buy Less.

Until now, being “green” has predominantly meant selling eco-friendly products or services. But today’s harsh economy presents a new opportunity for businesses to take environmental stewardship to a whole new level – by helping customers buy less stuff.
Joel Makower, editor of GreenBiz.com, argues in a recent blog post that green businesses have long downplayed [...]

How to Get Your Business Picked for a Reality Show

Reality shows usually cover things like Paris Hilton and her BFF trying to become domestic, or extreme makeovers of families with heartbreaking stories with their dilapidated houses. But a reality show for small business?
Yes, it’s called “Peter Perfect,” and it’s being shown on the Style Network and hosted by British personality Peter Ishkhans, an entrepreneur [...]

Do Entrepreneurs Need a Second Job to Get By?

A recent article in The New York Times offers what the author admits is “an unscientific survey of five business owners” to find out how they’re faring in these tough times. The verdict? These five small-business people, all on Cape Cod, are happy and feel they’ll emerge from the down economy just fine.
It’s nice [...]

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