President Obama signed the U.S. Department of Defense (DOD) appropriations bill on Saturday, Dec. 19 which included $125 million to continue through Feb. 28, 2010, the enhancements made possible through the American Recovery and Reinvestment Act (ARRA) to SBA’s two largest loan programs. The SBA estimates the additional funding will support $4.5 billion in small-business lending.
Read MorePro Towels Etc. Adds Chammyz to its Promotional Offerings
Pro Towels Etc., Pittsburgh, announced the addition of Chammyz, an outdoor apparel brand, that will complement and expand their existing line of beach towels and robes.
Read MoreMr. Sunshine’s Happy Economic Outlook (CNNMoney.com)
Economics is known as the dismal science, but not every economist is a pessimist.
Brian Wesbury might be one of the more optimistic forecasters out there. He’s proud of being dubbed “Mr. Sunshine” by well-known short-seller Doug Kass.
Read MoreSBA, Dell Launch New Educational Video Series to Help Small Businesses Grow, Create Jobs
Highlighting the experiences of successful entrepreneurs, the U.S. Small Business Administration, Washington, and Dell Inc., Round Rock, Texas, launched an online video series offering tools and strategies to help small-business owners rebound from the economic recession and put themselves in a position to expand and create jobs.
Read MoreGet Listed in Today’s Mobile “Yellow Pages” (FOXBusiness)
Potential customers in your area might right now be searching their Blackberry or mobile phone for what you sell. Will they find you? A Web presence wasn’t always one of the top priorities for hometown-grown businesses, but with mobile devices now the most popular search tool for many Web surfers, those priorities indeed have shifted.
Read MoreAnother View: Forget Ideology. Let’s Fix the Economy. (The New York Times)
Albert A. Koch, who led the AlixPartners team that helped restructure General Motors and now runs “old G.M.,” argues that pragmatism, not philosophical purity, will drive recovery in the bankruptcy and distressed market space.
Read MoreRecession = Bargaining Chip for Small-Business Tenants (FOXBusiness)
No question, the nationwide credit crunch is putting the squeeze on landlords as well as their tenants. What does this mean for small-business owners? Which came first: the small business or the landlord? More to the point: who needs whom more? Thanks to the recession, today it’s a little too close to call.
Read MoreBroderBros. Co. First Apparel Supplier Accredited by the Quality Certification Alliance
BroderBros. Co., Trevose, Pa., announced the company has been accredited by the Quality Certification Alliance (QCA). The accreditation applies to all three sales divisions—Alpha, Broder and NES Clothing. BroderBros. Co. is the only apparel supplier accredited to date.
Read MorePlyter’s Product of the Week–December 29th Edition
Even though it is the middle of winter here in Philadelphia and a 50 mph wind is sending the windchill into single digits, I have to make the Cooladio Solar Cooler my first Product of the Week. I will admit quite a few USB drives caught my eye, but the Cooladio came out on top this time.
Read MoreTestimony of Simplicity
Over the course of the last decade, a vast majority of Americans pulled out a great, big pair of rose-colored glasses and tricked themselves into believing our financial worth was invincible. We tricked ourselves into believing—regardless of the fact that the value of our money was declining—massive borrowing and spending was acceptable. Somehow, some way, debts would be cleared, McMansion mortgages would be met and keeping up with the Jones’ could be an attainable goal.
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