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Taking broader steps toward bigger revival of small business lending

In recent years, the U.S. Small Business Administration and a variety of other governmental and advisory groups have been highly active in attempting to stimulate the entrepreneurial community. While many of such efforts have been highly successful, and the small business lending market seems to be stabilizing, advocates continue to stress the importance of maintaining … Continue reading Taking broader steps toward bigger revival of small business lending

Smaller banks increase approval ratings once again

Smaller banks have been a crucial component of the continued economic recovery in the United States throughout the past several years. As larger financial institutions suffered devastating losses during the Great Recession, and were subsequently forced to tighten lending terms and credit accessibility, smaller banks have stepped up to ensure entrepreneurs get the loans they need … Continue reading Smaller banks increase approval ratings once again

How a government shut down could affect small businesses

The Democrats and Republicans are currently at odds over the federal budget, and if they don't find some common ground and agree on the financing of government programs, there could be a shut down. This would be devastating to small businesses, as the U.S. Small Business Administration is a government-backed organization, the Wall Street Journal … Continue reading How a government shut down could affect small businesses

Why small business owners should operate a blog

When it comes to connecting with consumers and generating awareness, many small business owners prefer to use social networks such as Facebook and Twitter. However, as Stacie Tamaki, a writer for BlogHer, recently observed, blogs may be more effective for this goal. This is because sites such as Facebook are closed off to non-members. Consumers … Continue reading Why small business owners should operate a blog