Weekly Small Business Roundup
An uptick in the economy finds more online advertising spending than ever according to Media Post article citing eMarketer. And this past Wednesday Intuit web advisor and coach James Snedden demonstrated how easy it is to use and answered questions about Verizon Websites powered by Intuit on this webinar.
A couple of posts from Anita Campbell of Small Business Trends and Cardiff Garcia of the Financial Times cite the Pepperdine University Private Markets Capital Project survey of small businesses nationwide and the Senior Loan Officer survey by the Federal Reserve Bank of St. Louis that indicate credit is still a difficult issue for many small businesses. In fact, according to the Pepperdine study, banks turn down 90% of all loans based on the business’s real estate holdings and nearly ¾ of loans based on a business’s cash flow.
Despite the credit crunch, small businesses remain optimistic according to the American Express OPEN Business Monitor survey with cost-cutting over the past 18 months resulting in stronger cash flows for those that have survived.
Finally, looking at the best metro areas for income growth over the past 20 years, you may be surprised to find which ones are in the top 10 according to Portfolio.com.
Don't forget, this is National Cyber Security Awareness Month!
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