Small Business News You Can Use (3/13)

JOBS Act would aid young companies by lightening regulations

After winning rare bipartisan approval in the House of Representatives, a package of bills aimed at kick-starting the market for initial public offerings and other financing options for start-up companies may reach a Senate vote in a week. More...


Using personal credit bad idea for small-business owners

The biggest mistake entrepreneurs make when starting a business is using their own credit cards for business expenses, said Tom Simpson, credit counselor of 40 years with the Credit Counseling Centers of Oklahoma, in Tulsa. More...


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Banks Returning to CRE Lending via Multifamily, Owner-Occupied Properties

Health Care, Energy Industries Helping Spur New Loan Demand

It's not a big hook to hang a hat on, but the small increase in some commercial real estate loan balances on bank books at the end of the year serves as yet another indication of thawing lending markets for property investors. More...


What Small Businesses Need Right Now

According to the Small Business Administration, an agency of the United States Government, small businesses as defined represent 50 percent of non-farm GDP and 70 percent of net new job growth. Nine out of ten businesses are defined as small.

The Small Business Administration uses a guideline that defines small business as those with under 25 million dollars in revenues and under 500 employees. There is no hard and fast rule to define this powerful engine of the United States economy, but it is vitally important to cure the ills of small business in order to improve the jobs outlook and generate cash flow to reduce the United States budget and trade deficit.

Small Businesses need 3 things right now to reverse their fortunes: More...


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