A weekly roundup of small-business developments.
What’s inspiring me, my clients and other small-business owners this week.
Matthew Yglesias explains how not-in-my-backyard stupidity is restraint an event for small-business growth. A dongle fun during a tech discussion spirals approach out of control. Bryan A. Garner provides a extensive “bizspeak” blacklist that bans phrases like “mission critical” and “ducks in a row.” A association that manufactures a handheld vaporizer is only one in a wave of start-ups holding advantage of loose pot laws. Opportunities in a wedding, adoption and divorce industries are only a few reasons Bill Murphy Jr. believes intelligent entrepreneurs should caring about happy marriage.
The Economy: Reconciling Budgets
The boss signs a refuge appropriation bill, and a Senate and House must now reconcile their budgets. The batch marketplace closes during a record high, though a silly income ratio hits a tip turn given 2007. Economic growth is revised upward, home prices arise a many given mid-2006 and orders for durable goods increase. Weekly mortgage applications go up, though consumer confidence falls.
People: Office Jokes
A organisation of former employees from a outsourcing organisation oDesk lift $4.5 million to financial a opposition start-up. Observers offer 5 musts for employing good employees and 10 perks many American workers don’t get. The sovereign supervision spends more income any year on infirm former workers than it spends on food stamps and gratification combined. A Powerball winner and bodega owners could have a hilly highway ahead. Christy Schutz says “office jokes” are one of a things she misses about operative in an office. This infographic lists reasons not to get an M.B.A. And will a “Office Brothers” assistance save this tiny business?
Retail: Just Looking?
A store combats “showrooming” with a $5 just-looking fee. Lululemon is creation a business “bend over to determine sheerness” before arising a refund. Wal-Mart skeleton to exam online delivery lockers in a stores. Bob Phibbs explains how regulating a personality styles of your business will assistance we make some-more sell sales. Robert Moskowitz offers a few good tips for keeping your business safe from repeat robberies. Restaurant sales rise as taxation refunds locate up, though a investigate finds that deals and discounts are no longer driving grill traffic. A few tip eateries are warming to British-style tea. A start-up skeleton to do away with a remuneration routine in restaurants so diners can eat and leave.
On a Road: Power Up
Management: Brain Training
Business and labor groups strech agreement on immigration. A investigate indicates that American companies and entrepreneurs suffer one of a many business-friendly climates in a world, though small-business owners are still frustrated by lawmakers in Washington. Business leaders contend small businesses need advisory boards. Alisha Webb suggests 5 things entrepreneurs can learn from Coca-Cola. Studies prove that “brain training” can make we a smarter owner. Kevin D. Johnson explains since ignorance can be bliss in business. Glenn Muske says we should stay visible by regulating marketing, media and mingling. A investigate suggests women make better decisions than men. Three thoughts guarantee to make we happier, and five people are put onward as small-business cabinet staff members who each small-business owners should know.
Health Care: A Bonanza for Start-Ups
A survey reveals that 83 percent of vast and mid-size employers offer workers some inducement to attend in health-related programs, while another news finds that many companies devise to impose consequences on employees who don’t try to urge their health. Employers who find to reduce their exposure underneath a Affordable Care Act’s “play or pay” charge in 2014 by shortening their employees’ hours competence risk penalties. Hamish McKenzie says Obamacare is a bonanza for start-ups. The health caring law competence have combined 111 million hours of paperwork, though Magic Johnson says it’s working. Barbara Weltman sums up what a law means for your business.
Cash Flow: Solar Power
Outsourcing tasks is among a tips suggested by Kasey Navita Phifer for keeping costs low when starting a tiny business. Communication is essential in sequence to set adult and nurture a partnership. A group of solar experts explains since your business should consider solar power. Steve King reports on the rise of small-business crowdfunding. Dave Bui shares 10 winning principles for indiscriminate imports.
Valeria Maltoni says customer data is your biggest advantage. Nora Richardson has 5 tips for better code recognition. If we wish to attract some-more business by events, here are 4 reasons virtual conferences rule, a few ideas for formulating more effective webinars and 10 giveaway Web conferencing tools. Groupon holds a first Grouponicon for tiny businesses in Dallas.
Social Media: Pinterest for Guys
Tumblr now hosts some-more than 100 million blogs. Flipboard opens adult magazine creation to a masses. A webinar will explain how to jump-start your business regulating amicable media. Lauren Dugan says there are 5 elements to a good Twitter strategy. Andrea Vahl explains how to set adult a Facebook page for your business. Consider these 4 amicable media sites we may not be using though should. Jeff Korhan explains how to be a best-connected business. Researchers contend there is a link between patron use of amicable media and aloft revenue. And appreciate goodness: there’s now a Pinterest for guys. This is how to speed up your Web site, increase your online visibility and make Google AdWords an effective and essential selling routine for your business. And here’s a beginner’s guide to hunt engine optimization. These are a tip 3 affiliate selling niches for a home entrepreneur. Todd Giannattasio explains how to do online marketing right, and Justin Fishaw lists 3 ways to urge your content government strategy.
Around a Country: Hurricane Mistakes
A zombie radio uncover turns a Georgia town into a traveller hub. Manufacturing in Texas and Chicago picks adult while activity in Richmond, Va., slows. Seattle home prices post their biggest gains in scarcely 6 years. Business owners in a New York area discuss a mistakes they finished heading adult to Hurricane Sandy. The conduct of a Small Business Administration tries out mattresses in Norfolk, Va. The S.B.A. joins state and internal officials to commend Chicagoland’s small-business exporters. A competition in Minnesota that supports and accelerates a growth of business ideas from opposite a state opens for entries. Philadelphia hosts a conference on rising technologies this week while a circuitously ball track offers urinal gaming. An Ohio prosecutor drops all charges opposite Punxsutawney Phil. The new deteriorate of Shark Tank is looking for entrepreneurs in 5 cities, and a hunt has begun for American college students who possess a entrepreneurial end to start a subsequent tellurian brand. And if you’re a new college graduate, your best opportunities competence be in Austin, Tex.; San Jose, Calif., and Washington.
Around a World: $30 Million for a London Schoolboy
Cyprus (whose economy is smaller than Akron’s) gets a bailout. Students from all over Russia revisit a 16-year-old’s site to learn about math, physics, literature, systematic breakthroughs and extraordinary facts. Anna Hein takes an in-depth look during Start-Up Brasil. Palestinians are reaching for a tech start-up future. China creates a tax-free zone for art. The Bank of England reports that British banks have a capital shortfall of $38 billion, though Blockbuster Video still is rescued. A London schoolboy sells his app to Yahoo for $30 million.
Taxes: Everyone’s Waiting
Paul Shread advises tiny businesses to avoid several taxation mistakes. Steven Sloan says that everyone is waiting for corporate taxation reform, and Congress is deliberation creation a very popular small-business taxation reduction permanent. The Internal Revenue Service apologizes for a $60,000 Star Trek parody. Small businesses in Tennessee competence be receiving a taxation holiday.
Apple acquires an indoor location company. Google is perplexing to prevent Swedish denunciation officials from adding “ungoogleable” to their central word list. Big data is going to blow your mind in 5 ways; 15 BlackBerry apps offer to increase productivity and security. Erik Wolf schooled 3 critical lessons from introducing his program product. Francesca Gino warns that a next time we are on your mechanism to discuss or text, we should cruise lifting a blinds and seeking a chairman on a other finish to do a same. New record competence shortly replace credit cards with fingerprints. The United States is seeing a surge in mobile patents. Here are a few ideas for creation your blog mobile-friendly, and Hillel Fuld explains how to use mobile-friendly content to fuel your blog’s success.
Tweet of a Week
@ReformedBroker – The final time a Dow modernized 9 uninterrupted days it was 1996 and we were listening to a Spice Girls. Oh sure, it was only me.
The Week’s Best Quotes
Brian S. Cohen explains in his just-published book what angel investors are looking for: “Entrepreneurs who many stir angel investors are a ones who deeply know their customers. They have finished investigate into a demographics of their standard customers: age, gender, geography, lifestyle, income, aspiration, code preferences, selling habits. They know what their function and meditative is since theyʼve spent time with them. They even learn that difference and phrases ring many with customers. This investigate doesn’t come inexpensive or easy, though it’s accessible with a small work.”
Maneesh Sethi explains how to make it impossible to fail: “The tip is called precommitment. Precommitment is a routine of creation a promise, when we are in your lucid state, that will forestall your tempted insane-emotional-id-self from doing something bad. Precommitment is a routine of formulating an sourroundings that army we to succeed. You competence not be means to find a month to travel in a wilderness, though there are still ways to use precommitment in your normal life.”
This Week’s Question: Are your ducks in a row?