The bleak international headlines contrast with a rising optimism at home among small businesses. In fact, less than 8% of small businesses plan to cut their workforce in 2011. Small business bankruptcies also are dropping in most areas. And, with consumer prices rising, business will raise prices to keep their profit margins stable.
Some small businesses are helping Japan by leveraging products via social media and otherwise. The silver lining right now as Japan recovers is that a weaker dollar can make for a better exporting environment.
The SBA is reviewing its definition of small business that may permit nearly 10,000 ‘larger’ small businesses to continue to be eligible for small business assistance support.
Small business owners are getting down to fundamentals by investing in their companies – it takes time and money. Do you know the #1 lost time concern for small business? Tech downtime.
The SBA is reviewing its definition of small business that may permit nearly 10,000 small businesses continue to be eligible for small business assistance support.
And here’s a reminder that social media is necessary or you’ll get left behind your competitors, so get in the game today!
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