Nov 30, 2006, Large US Companies Have Another 5 Year
Boondoogle
For years, the Inspector General of the Small Business
Administration (SBA) has recommended that small federal
contractors be required to certify their size status annually,
to curtail fraud and abuse in small business contracting. The
SBA, however, has consistently refused to implement that
policy. Instead, officials within the Bush administration have
finalized a rule that will allow the government to continue to
report contracts with large companies as small business awards
through the year 2012.
Well, whooptee do for big companies.
Click
for more info
Nov 17, 2006, SBA Revamps Rules on "Small
Business"
When Microsoft and Google can be awarded business contracts
set aside for small business, something is wrong.
Theoretically, the SBA has fixed the glitch. But there have
been announcements like this before that did absolutely
nothing. There's no reason to believe this fix will fix it any
better.
Click
for more info
Nov 13, 2006, Building a Home Internet Business
Building a home internet business that ranks in the top 1%
is more than possible -- it's very possible, with this free
course.
Permalink
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Oct 29, 2006, Resources for Young Entrepreneurs
Business Week Online has just published a nifty list of
resources for young entrepreneurs, with top business plan
competitions, top entrepreneurship programs, top
entrepreneurship MBA, and more.
Click
for more info
Sep 28, 2006, Exploding Home Businesses
The Census Bureau found 49 percent of the nation's
businesses are operated from home. Also, three-quarters of
U.S. businesses are self-employed individuals with no paid
employees, it found.
This trend is even most pronounced among women who, the
Census Bureau said, are choosing home based businesses for
family reasons.
The report was based on information collected from more
than 2.3 million firms as part of a survey of business owners,
part of the bureau's 2002 Economic Census, conducted by mail
among a random sample of U.S. businesses.
Sep 7, 2006, How to Start Credit as a Business
Every entrepreneur needs to know how to start credit as a
business. Find out now.
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Sep 1, 2006, Business Plan Professional Team
Your business plan professional team brings experience --
and pizaaz -- to your business plan. Use their expertise to
your advantage..
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Wichita, Kansas, is Gearing Up for Growth
The SBA's 504 loan program helps new and
existing businesses obtain subordinated financing to purchase
land, buy buildings, remodel, purchase machinery or other
equipment. It is
always good news when 504 financing picks up -- it means a
region is growing rapidly.
Wichita, Kansas is the growing
area.
RMI, a Missouri-based certified
development company specializing in the Small Business
Administration's 504 loan program, has opened a Wichita
office.
RMI is one of the largest CDCs in SBA
Region 7 with more than 100 years of professional staff
experience in packaging, closing and servicing 504 loans. Such
programs are under-utilized in Kansas, says Zachary Blake, an
RMI spokesman.
"There's a real need for small
businesses to get in at fixed rates with the number
rising," he says. "Right now, you can get in at 6.88
percent on a 20-year fixed loan."
All 400 SBICs
I have looked and looked and looked for a
list of the 400 or so SBICs (Small Business Investment
Companies). I finally found the list at the link noted.
The list isn't pretty.
It's miserably incomplete.
And it tells stuff that I didn't want to know, like how
self-serving many of the SBICs are. But that's the link to the list.
Wanted: Entrepreneurs
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It's no small task, as anyone who has
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But the rewards, both financial and
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