May 24, 2016

Consumer Confidence Falls In July

July 27, 2010 Mike Sachoff

The Conference Board Consumer Confidence Index which declined in June, fell further in July. The Index now stands at 50.4 (1985=100), down from 54.3 in June. The Present Situation Index decreased to 26.1 from 26.8. The Expectations Index declined to 66.6 from 72.7 last month. "Consumer confidence faded further in […]

5 Steps for Preventing Employee Fraud

July 27, 2010 Abby Johnson

Did you realize that a typical organization loses up to 5 percent of its annual income to fraud? This information is one result of an annual survey of Certified Fraud Examiners conducted by the Association of Certified Fraud Examiners. As reported in the video below, these losses could be very […]

Small Biz Owners See Second Recession Coming

July 26, 2010 Doug Caverly

While everyone should be careful not to make this a self-fulfilling prophecy, small business owners should also prepare for a second recession, according to a new survey.  In fact, according to the survey, most small business owners are probably already making themselves ready, since 75 percent of them believe a […]

Majority Of Small Business Owners Are Happy

July 26, 2010 Mike Sachoff

The majority of American small business owners are happy, despite economic challenges over the past few years, according to a new survey from TD Bank. The survey found 69 percent of small business polled for the TD Small Business Happiness Index would describe themselves as "very happy," with 61 percent […]

Economic Index Sees Slight Decline In June

July 23, 2010 Mike Sachoff

The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.2 percent in June to 109.8, following a 0.5 percent increase in May, and a 0.1 percent decline in April. "The indicators point to slower growth through the fall," says Ken Goldstein, economist at The Conference Board. "Two trends […]

Power Outages Pose Unexpected Small Biz Threat

July 23, 2010 Doug Caverly

Power outages often seem benign enough.  Everybody just kicks back for a little while, maybe getting a little warm due to lack of air conditioning, and then returns to work.  Power outages can cause big problems, though, and small business owners should think through the possible effects and precautions. Sarah […]

More Small Businesses To Hire New Workers

July 22, 2010 Mike Sachoff

More small businesses plan to hire new employees in the second half of 2010, according to a new survey from CareerBulider. Thirty-two percent of companies with 500 or fewer employees plan to add new employees between July and December. Twenty-one percent will hire full-time, 11 percent will hire part-time and […]

Facebook Hits 500 Million Users

July 22, 2010 Doug Caverly

This week, Facebook’s CEO Mark Zuckerberg announced a very important milestone: his site now has 500 million active users.  Which means Facebook is now more valuable than ever to small business owners, and a new app called "Facebook Stories" helps prove that point. Facebook Stories is, as Zuckerberg explained on […]

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