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Small Business Trends To Watch Out For In 2009

FastUpFront: 1. The number of small businesses is expected to grow. With the unemployment rate climbing and job security being challenged across the board, many will try their luck with small and personal businesses. A large percentage of this population will consist of Gen Y and Babyboomers. 2. Flexibility... More

Is It Time To Sell Your Biz?

TheStreet.com: Nationally, the businesses sold had a median revenue of $395,000 and a median sale price of $200,000 in the quarter ended June 30. The businesses had a median cash flow of nearly $95,000. Close to 2,100 businesses changed hands through bizbuysell.com in the second quarter, up from 1,559... More

Can Small And Medium-Size Businesses Avoid Layoffs?

HispanicBusiness.com: Falling consumer demand, tight credit, and problems with cash flow are forcing many small- and medium-sized businesses to operate proactively and tighten their belts. Firms are targeting labor costs and increasing employee productivity, but are layoffs the only answer? Certainly... More

Bad Time For Some, Others Cash In

The Moscow Times: Investment banks are laying employees off by the hundreds, developers are freezing projects and oil firms are lining up to receive government aid. At some companies, however, business has never been better. “We’re seeing at least three to four times more cases lately,”... More

What Obama’s Proposed Tax Cuts Mean for Small Businesses

BusinessWeek: Here’s a welcome report for entrepreneurs this new year: President-elect Barack Obama’s massive stimulus plan is expected to include three key tax breaks for small-business owners. Details are still emerging, but the plan could include a longer window for businesses to “carry back”... More

Where To Work When Running Your Home Based Biz

Best Syndication: You’ve decided that you want to run your own business from home. You’re probably looking forward excitedly to running an enjoyable and rewarding business but you’re also a little bit nervous about the idea. There’s so much to think about and lots to do. In this, the first of... More

Should You Start A Biz In A Recession?

About.com: Starting a business in good economic times is trying enough but when you throw in a rising jobless rate, sagging consumer confidence, bankruptcies and a tight credit market; the odds seem insurmountable. Yet there are advantages to starting a small business during recessionary times including: *... More

Reasons Why This Economy Is Good For Startups

OnStartups: 1. Low opportunity cost When the economy is booming, staying in a regular job makes sense. Generous bonuses are common when revenues are soaring, stock option grants are valuable when an IPO is imminent, your resume is improving in direct proportion to the success of the company. Upside... More

Small Percentage Of Small Biz Owners Plan Advertising Increase In 2009

Entrepreneur’s Tips: Although 97% of U.S. small-business owners have some degree of concern about today’s dismal economy, 26% plan to spend more on advertising – especially online – and another 60% plan to spend about the same as in 2008, according to a report from Ad-ology Research... More

2009 Top Small Business Trends

Small Business Labs: 1. The Recession Drives Small Business Innovation: With the economy mired in a deep recession, small businesses will focus on cash flow, cost containment, customer retention and survival. But economic stress will also lead to a wave of small business innovation. Driven by the need... More

Make Teleworking Work

CIO Today: Teleworking, broadly defined, is the ability to work from a home or remote location for all or part of the work week. Companies have been implementing large-scale teleworking programs for close to a decade, following a trend that had its root in contact centers. Use of home-based agents... More

Free Advice: MBA Students Offer Help To Entrepreneurs

Bizjournals.com: Need help figuring out the next step for your small business? The Montreat College MBA program may have some answers. A team of the school’s graduate students is offering consulting services as part of the class’ spring semester project. The students interview the selected business... More

Profitable Niche: Wholesale Clothing For Plus Size

PRLog.Org: The most popular items wholesale clothing companies carry are apparel that are sizes 0-8. Most specifically if the trend are those like the ones you see from Forever21, Wet Seal, Charlotte Russe and similar places where they are meant for skinny and petite consumers. Now, that’s a problem... More

Can Intellectual Property Be ‘Imperfected’?

New Hampshire Business Review: Many high-tech companies, particularly smaller ones, borrowed money to fuel their growth during the recent boom. They borrowed money from banks, venture capitalists, friends and family members and used their intellectual property — patents, copyrights and trademarks... More

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