The success of small business is vital to the global economy. Yet passign,and even money, often aren’t enough for a company to flourish, as evidenced by the large numbers that don’t survive. Figures reveal1 that nearly 60 per cent of UK small businesses close their doors within five years.
Cross-post from the U.S. Census Bureau's Director's Blog
The U.S. Census Bureau is the premiere source of data about America’s economy and businesses, and we’re committed to making our data more accessible than ever before. I’m pleased to introduce our latest tool in that effort: Census Business Builder: Small Business Edition.
OTTAWA — Joe Oliver’s first budget as finance minister offered some support for Canada’s struggling manufacturing sector but quite a bit more for small business operators — including help for women entrepreneurs.
The minister said Tuesday that Ottawa will gradually reduce the small business tax rate to nine per cent from 11 per cent, beginning in 2016, a move that has been well-telegraphed in recent months and one for which independent companies have lobbied heavily.
Being a savvy spender is crucial for small business owners. These entrepreneurs have to watch every dollar to manage cash flow, make payroll, and generally stay in business. But being cash conscious shouldn't mean spending as little as possible on everything.
With straightforward and rapid access to services which provide an array of distinct options, entrepreneurs and small business owners now have the tools to interact with their finances on a new level. Toby Triebel, co-founder and CEO of Spotcap, an instant business loan service, outlines the 5 crucial Fintech Trends for SME’s…
1. Tap into Cloudfunding
The waiting game is over. The Conservative party has won the general election of 2015 and are forming a single party government. Entrepreneurs have high hopes for the next five years, especially from a party that has repeatedly talked of SMEs being “the lifeblood of the economy”.
Since 2010 the number of self-employed workers is up by over half a million people – a rise of 14.2 per cent. But is it boom time for entrepreneurs? Or are people branching out for themselves out of fear of another downturn?
A new study of online business sentiment by eBay suggests small business owners are spreading their bets when it comes to their finances against a still uncertain economic backdrop.
The event was moderated by radio broadcaster and SME journalist Liz Barclay, and the panel consisted of academics Dr. Stephann Makri, Dr Matthew Smith and Douglas Miller and successful online fashion retail entrepreneur, Sarah Curran.
Last month, new life was breathed into an effort to bring back some popular small business lending provisions that expired shortly before the 2012 presidential election. These expired programs enabled a record number of small businesses to refinance commercial mortgages. The renewed push to reinstate the programs, along with some additional policy changes, can go a long way toward aiding Main Street’s recovery. President Obama has done a number of positive things to help the small business sector. Business startups are up 8 percent from 2009 to 2011, and U.S.
This week is National Small Business Week, described as a time to recognize and celebrate the special impact made by outstanding American entrepreneurs and small business owners, according the event's sponsor, the Small Business Administration. So it's a good time to ask the question, What's the biggest barri