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Carly Fiorina: Small Businesses are Key to Economic Recovery

“I truly believe that you represent the best hope for our economic recovery,” Carly Fiorina, former chief executive of Hewlett-Packard Co., told some 2,300 members of the International Franchise Association yesterday in her keynote address at their annual convention being held in San Diego.

“You and your colleagues across the country represent the best in America [...]

Teaching Entrepreneurship in Grade Schools

At the World Economic Forum in Davos, Switzerland recently, a panel with representatives from academia, government and technology companies argued that entrepreneurship skills can indeed be taught – and that our global economic recovery relies on K-12 schools embedding it in their curriculum.

They pointed to examples of how some schools have pulled it off, such [...]

Bill Clinton: Stimulus Package Should Do More for Small Business

Former President Bill Clinton said the “stimulus package should do more for small businesses” in an hour-long speech and a Q&A session that focused on the current economic situation to a gathering of franchisers, suppliers and franchisees in San Diego on Sunday.
“You should be a part of this debate,” Mr. Clinton told about 2,300 [...]

Friday Memos

- Women-owned businesses underperform those owned by men, new study from Kauffman Foundation finds. Possible reasons: Lower credit scores, tendency toward “lifestyle” businesses rather than high-growth. [Kauffman]
- Small-business leaders testified at House Small Business Committee hearing that entrepreneurial development programs, such as small-business development centers and SCORE, spur job growth. They argue federal government should [...]

Follow Us On Twitter

If this blog just isn’t enough, there’s a new way to keep tabs on WSJ small-business coverage.
We recently started a Twitter page with feeds from the Independent Street blog, links to stories, and other small-business tidbits and insights. Follow us here.
Small Business now joins some other WSJ blogs that are already available on Twitter: Washington [...]

The Bursting of the Silicon Valley Bubble (2009 Edition)

Did I wake up this morning in 2002? A story in today’s WSJ chronicles the rapid demise of high-tech start-ups in Silicon Valley, which are suffering from a funding squeeze and wary investors.
During the first part of the downturn, high-tech start-ups seemed like they might fare better than other small businesses. Some venture capitalists and [...]

Small-Business Groups Critical of Stimulus Plan

Small-business groups had rallied for an economic-stimulus plan packed with generous new tax breaks and other relief measures making it easier for businesses to grow and hire employees in this tough economy. Well, they aren’t too pleased with the outcome.
“There’s not a lot in the stimulus plan that will put cash in the hands of [...]

Mark Cuban’s Stimulus Plan: Fund Businesses That Hit Profitability Fast

Billionaire and “maverick” entrepreneur Mark Cuban is promoting his own stimulus plan: He’s asking his popular blog’s readers to submit ideas for new businesses and then says he’ll personally fund those he deems worthy.
His basic criteria: No ad-supported revenue models, and only those ventures that can break even in 60 days and be profitable in [...]

States Plan Their Own Stimulus Package to Aid Small Businesses

While the economic-stimulus package is being hammered out in Congress, some states are proposing or enacting their own stimulus packages, with many of the plans targeted toward small-business development.
Compiled by the National Conference of State Legislatures through various media and government reports, the chart below lists several states with stimulus plans that could potentially [...]

Does Your Business Define You?

Lots of ink has been spilled recently about the psychological plight of those who suddenly lose jobs and face a feeling of diminished self-worth. But what about you, the small-business person? In a tough economy, those who are running a businesses face their own set of serious psycho-hurdles.
In recent weeks, I’ve talked to employers [...]

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