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Small Businesses Finding Ways to Survive Economic Turmoil"Today, the question has turned from 'How do I grow my business?' to 'How do I survive?' " according to Ben Tenn, a small-business counselor for SCORE, a division of the Small Business Administration that dispenses advice to business people. |
Small Businesses Are America's InnovatorsSmall businesses are the innovators of the American economy as they obtain many more patents per employee than larger firms, according to a study released today by the Office of Advocacy of the U.S. Small Business Administration. Moreover, their patents outperform larger firms on a number of measurements, suggesting that small firm patents in general are more likely to be technologically important than those of larger firms. |
Startups and Veterans Can Get SBA Loan HelpEntrepreneurs shouldn't despair in these uncertain economic times, because there is help available. |
Need To Borrow? Mind The BasicsIt's challenging for shops to secure financing for new equipment in today's peculiar credit environment. It seems like banks are willing to loan money only to the companies that don't need to borrow it. And it's anybody's guess how long this situation will last. Here's some fundamental advice to give your company a better shot. |
Springboard Helps Startups Land CapitalGiven the state of the financial markets, how hard is it for media startups to get equity financing right now? It's the morning of Oct. 30 in Midtown Manhattan, and the 22 women entrepreneurs invited to pitch at AllThingsMedia, a venture capital forum that showcases women-led companies in the media and entertainment industries, are about to find out. |
Student Entrepreneurs Working to Green the EconomyWhile some students use college as a transition into the "real world," a handful of student entrepreneurs have asked themselves, "Why wait?" In February of last year, a University of Wisconsin-Madison student founded Powered Green, a startup company promoting the use of renewable energy. |
Entrepreneurs Are Facing Credit CrunchLaunching a small business is challenging in the best of times. Imagine what budding entrepreneurs face when approaching traditional lenders in the hope of launching their dream venture in the current credit crunch that is bringing some of the nation's biggest corporations to their knees. |
SBA Scorecard: Small Business Hit Record High in Fed ContractsSmall businesses won a record $83.2 billion in prime federal prime contracts during 2007, according to the U.S. Small Business Administration's second annual small business procurement scorecard, which was released by the agency late last week. |
Loans Help Small Businesses with Deployed WorkersA U.S. Small Business Administration loan program for businesses that have lost an essential employee to active military duty has become more accessible and helpful for borrowers. |
UCLA B-School Sees a Surge in ApplicantsWith financial markets crumbling and capital for startups harder to find, what should would-be entrepreneurs do? For a growing number, this might be just the time to head back to the classroom. Judy Olian, head of the business school at the UCLA, says that applications typically increase during bad times. While it's too early to say just how much bigger the applicant pool will be this year, she says "we have preliminary indications it's up." |
Survey: Low Confidence Among Small BusinessesAs economic concerns mount, many owners of small businesses are reporting decreasing confidence in the nation's financial health and their ability to weather the ongoing storm. For the second consecutive month, a majority of small business owners expressed heightened worries about the economy and lowered financial expectations for the foreseeable future. |
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