Small business are expecting to grapple with the same challenges as last year in 2013, as well as new ones resulting from uncertain negotiations regarding tax and budget issues. Small companies throughout the U.S. are likely to proceed with caution, while reducing their hiring rates. Scott Shane, a professor of entrepreneurship at Case Western Reserve… Continue Reading
The U.S. housing market is on the rise, with house purchases reaching their peak of more than two years. Existing property value has also increased, pushing the real estate market higher and encouraging economists and investors to brighten their outlook on U.S. expansion. According to a median forecast of economists, new-home sales have risen to… Continue Reading
Entrepreneurs are known for their quick, flexible thinking and creative solutions. However, even the strongest businesses struggle during times of crisis, like global economic woes, devastating hurricanes and national tragedies. These events often mean slow business and time to recover. ClientAttraction.com, a small Connecticut-based business, recently discussed the best business approach to tragedy in an… Continue Reading
President Obama and John Boehner are both heavily involved in negotiations regarding tax increases and the looming fiscal cliff. Boehner has made his first concession on the topic, proposing that taxes on millionaires can rise as long as the increase is accompanied by spending cuts, entitlement cuts and tax reform. Obama, on the other hand,… Continue Reading
The 10th annual What’s Next Boomer Business Summit will take place in Chicago on March 12th. Companies, brand managers and entrepreneurs will all participate in the event, where analysts, marketers and journalists will answer questions such as ‘How will Baby Boomers reimagine life after 50 in the decades ahead?’ and ‘What technologies are going to… Continue Reading
Black Friday, Small Business Saturday and Cyber Monday all boosted consumer spending, thrilling business owners and retails throughout the United States. Now comes the real challenge: keeping up the trend. Many experts predict even better sales over the next few weeks. Black Friday weekend saw 247 million shoppers, according to the National Retail Federation. Last… Continue Reading
As technological means of communication become more and more popular, businesses have to choice but to keep up. These days, most people prefer texting to actual phone calls, leaving retailers and other service providers with a tough challenge. RingCentral, a cloud telephone systems business, has come up with a solution: business-class SMS. Matt McGinnis, director… Continue Reading
Small Business Saturday, recently celebrated by shoppers throughout the U.S., was a lucrative event for both residents and local businesses. In Milford, Connecticut, many dedicated consumers ventured into boutiques late on Friday night to get a head start. The day was designated to support small businesses during the momentum of Black Friday, and has been… Continue Reading
Many experts believe China’s economy is headed for a turnaround. Recent analyses of the country’s manufacturing activity show that this may in fact be true. This month saw an increase in the preliminary HSBC China Manufacturing Purchasing Managers Index, which reached 50.4 compared with a 49.5 reading in October. Fox Business explains that a reading… Continue Reading
According to a Bank of America survey, Boston-area small business owners are feeling optimistic, if cautious, about the upcoming fiscal year. Many expect to increase sales as well as workers throughout 2013. Though 9% of small businesses in the region expect revenue to fall in 2013, more than half of those polled project significant increases.… Continue Reading