June 25, 2016

Small Business Lending Still Down In UK

July 30, 2010 Doug Caverly

More numbers regarding small businesses and loans in the UK are out, and they’re not exactly encouraging.  Month-over-month, the amount of money that was distributed did increase between May and July, but otherwise, things are looking kind of bad. The Forum of Private Business relayed figures provided by the British […]

SBA To Launch Redesigned Site This Fall

July 29, 2010 Mike Sachoff

The U.S. Small Business Administration said today that a complete redesign of its website, SBA.gov, will launch this fall. The new SBA.gov will make it easier for small businesses, lenders, small business counselors and other members of the small business community to find the information they need through a simplified […]

Bank Of America May Spur $100M In Small Biz Loans

July 29, 2010 Doug Caverly

There’s more good news today for small business owners who could use a little cash.  Bank of America has announced that it will give $10 million in grants to nonprofit lenders, which could in turn stimulate a total of $100 million in lending. The idea isn’t quite as odd or […]

Consumers Plan To Spend More On Back-To-School Shopping

July 28, 2010 Mike Sachoff

Consumers are planning to spend more this back-to-school shopping season than in recent years, according to a new survey by Deloitte. Nearly thirty percent (28%) of consumers said they plan to spend more this year on back-to-school shopping compared to last year, while just 17 percent indicate they plan to […]

Record Boom In Small Businesses Predicted

July 28, 2010 Doug Caverly

A whole lot more small businesses should be springing up this year all over the UK, according to a new report from the Federation of Small Businesses.  In fact, the FSB has forecast that a record 300,000 people will forego the working-for-someone-else routine and establish their own company this year. […]

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 […]

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