Tag Archives: small business

Survey: Tennessee small business friendly

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Small business owners gave Tennessee good marks for supporting
small businesses in a new national survey.

Tennessee earned a B+ in the “Small Business Friendliness
Survey” released Tuesday by Thumbtack.com, a website that offers to connect
consumers and businesses.

“Tennessee ranked among the top states for its support of
small businesses,” Sander Daniels, co-founder of Thumbtack.com said in a news
release. “Our research points to the importance of clear and consistent
regulations in creating a friendly environment for entrepreneurs, and this is
exactly what Tennessee delivers.”

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Small biz survey: Gov’t regulation isn’t the problem

A new survey released today says weak consumer demand and not government regulation is the biggest concern of small businesses.

Reducing government regulation came in fifth on the list of concerns identified by the survey.

“These survey results underscore what Main Street small business owners have been saying all along: we need more customers, more demand, not deregulation,” said Jim Houser, owner of Hawthorne Auto Clinic in Portland, Oregon, and a leader with the Main Street Alliance. “In fact, I’ve seen first-hand over 35 years in the auto industry that smart standards help create jobs and promote innovation in the U.S. economy.”

The survey was commissioned by the American Sustainable Business Council, Main Street Alliance and Small Business Majority.

Given all the rhetoric from the far right about regulations as job killers, it’s interesting to hear from the other side of the political scrum.

Read more about the survey here.

Super Committee failure a disaster for small biz

There are a lot of reasons to be disappointed with the Super Committee’s lack of common sense. But small businesses should be especially angry, says small business advocate Lloyd Chapman.

Fall out from the Super Committee’s lack of political courage “means that competition for federal contracts will heat up. And with less federal money to be had, Fortune 500 corporations are going to stake claim over all federal contracts, which represent hundreds of billions in purchases a year. This is a disaster for America’s 28 million small businesses, which employ more than half the private sector workforce,” Chapman wrote in a piece for the Huffington Post.

Read the full story here: The Super Committee punts, and the Odds Are Stacked Against Small Business

FedEx hosts small biz Tweet Chat series

Shipping giant FedEx Corp. is going small. Starting next week the Memphis-based company will
social04_SY_13488.JPGhold a series of Tweet Chats on small business issues.

On three consecutive Thursdays, the Boost Your Small Business Tweet Chat series will feature small business experts discussing topics such as: how to recession proof your business, making advertising pay off and branding on a shoestring budget.

The first Tweet Chat is Thursday, Oct. 6 at 8 p.m. (Eastern time). Melinda Emerson, author of “Become Your Own Boss in 12 Months; A Month-by-Month Guide to a Business that Works., will provide advice on how to recession proof your small business.

To attend the chat on Twitter follow the #fedexsmallbiz hastag.

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Small business gets larger share of federal pie

Small business won a larger share of federal contracting in 2010, the second straight annual increase, the U.S. Small Business Administration reported recently.

In 2010, small businesses received $97.95 billion in federal contracts, 22.7 percent of the available total, according to the SBA. In 2009, small businesses received 21.9 percent of the federal total.

In the previous four years small business’ share of federal contracts dropped.

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Small biz confidence in economy rising — a little

Small businesses are feeling better about the economy as sales and earnings trends improve, but they remain reluctant to hire, according to the monthly survey of small businesses by the National Federation of Independent Business.

NFIB’s Small Business Optimism Index rose 1.5 points in January to 94.1. The gain was modest, but the index has been slowly climbing in recent months and January’s number is the highest in more than three years.

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Credit crunch may be easing

Several reports in the last few weeks indicate the credit crunch may be easing. Banks may be making loans again after too many months of sitting on their vaults.

For way too long creditworthy small businesses have had a difficult time getting the financing they need to grow and create jobs.

If reports of an easing credit crunch are true, it’s about time. Now, if we can convice the big business to start spending some of the record profits they’ve been hoarding, we might see a real dent in the jobless rate.

WSJ’s Marketbeat blog: Shocker!: Banks are starting to lend again

Healthcare reform: What it means to you

Businesses and consumers looking for a clear explanation of what healthcare reform means to them should check out Consumer Reports’ November issue or its website.

Among other things,the magazine explains what the new rules mean if you currently buy private insurance or are covered by an emloyer’s plan or are uninsured.

Small business owners will find helpful information about tax credits.

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Pathway Lending, small biz loan fund honored

Pathway Lending’s work to get capital in the hands of Tennessee’s small business has won international recognition.

Culture_Currency(2).JPGThe Tennessee Rural Opportunity Fund managed by Pathway earlier this week received an Excellence in Economic Development Award from the International Economic Development Council.

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Thanks to Voinovich, lumps of coal for rest of GOP

Struggling East Tennessee businesses should send Ohio Republican Sen. George Voinovich a thank-you note for providing the crucial 60th vote for a bill that will deliver $30 billion in credit and $12 billion in tax breaks to small businesses.

And while they’re at it, business owners should send lumps of coal to Tennessee senators Lamar Alexander and Bob Corker. The Tennessee Republicans have toed the party line and helped hold the much-need bill hostage to filibuster.

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