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Charles M Cooper
Charles M Cooper

GM Bankruptcy: The Small Business Crisis Begins

While all the attention is focused on the long-awaited bankruptcy of General Motors, very little attention is being paid to those who will be hit hardest, the small businesses that provide parts and services to the auto giant or depend upon it in some way – and there is no talk of bailing them out!


Tags: small business, gm, bankruptcy, gm bankruptcy

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Posted: 6/1/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

When Fluffy Flies First Class

Pets are great, aren’t they? They offer the companionship some crave, the unconditional love so rare in our human companions, and for a few they make for a great fashion accessory. We walk them, we feed them, we play with them and now, Southwest Airlines is allowing us to fly with them, right in the cabin. That is great, if it is your dog, but I think that Southwest is forgetting one thing—the other passengers!


Tags: small business, customer service, southwest airlines, pets, allergies, phobias, bad business ideas

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Posted: 5/29/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Tax Credits Expand for Businesses Hiring Unemployed Veterans and Certain Youth

According to the IRS, any business that is planning to claim the newly-expanded work opportunity tax credit for eligible unemployed veterans and unskilled younger workers hired during the first part of 2009 has until August 17th to request the necessary certification required to be able to take the tax credits that come with hiring these workers.


Tags: small business, work opportunity tax credit, unemployed veterans, disconnected youth, hiring, employment, wotc, irs, american recovery and reinvestment act

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Posted: 5/29/2009 | Comments Comments (1)

Charles M Cooper
Charles M Cooper

A Scrushy Lesson for All Business Leaders

Why are you in business? Is it to work hard and profit by offering the public something they need at a reasonable price? Or, are you in it for something else, for the glorification of your ego or to line your pockets with no regard as to where that money comes from? If you are in the first group, keep up the good work! If you are in the second, let the tale of Richard Scrushy be a warning to you.


Tags: small business, entrepreneurs, financial crime, embezzlement, richard scrushy

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Posted: 5/28/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Small Business Week: SBA National Small Business Person of the Year

A small business owner from Oklahoma City who battled a brain tumor and overcame challenges generated by 9/11 and Hurricane Katrina to lead her environmental remediation firm to success was today named National Small Business Person of the Year. State winners from Massachusetts and Hawaii are Runners-Up


Tags: small business, sba, national small business person of the year award

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Posted: 5/21/2009 | Comments Comments (1)

Charles M Cooper
Charles M Cooper

Small Business Week: SBA Phoenix Award Winners

Every year the Small Business Administration issues special awards to outstanding small businesses and entrepreneurs. This year, the agency honored outstanding disaster recovery efforts with their coveted Phoenix Award.


Tags: small business, sba, phoenix award

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Posted: 5/20/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Voting With Your Feet: Entrepreneur Quits New York

Tom Golisano, founder and board chairman of Paychex, Inc., is pulling up stakes, leaving New York and heading to Florida. Why? Taxes. Golisano, one of the wealthy job-creators whose taxes support the State of New York, is withdrawing that support and voting with his feet. Somehow, it is hard to imagine that he is heading out alone.


Tags: small business, entrepreneurs, taxes, regulations, wealth flight

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Posted: 5/20/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Credit Card Overhaul Passes Senate

The US Senate has passed sweeping credit card legislation aimed at reining in an industry that most Americans love to hate. The question is, however, what will the industry do in response?


Tags: small business, credit cards, recession, senate

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Posted: 5/19/2009 | Comments Comments (2)

Charles M Cooper
Charles M Cooper

Pulling into Their Shell: Advanta Shuts Down New Credit Purchases

Advanta, the small business credit card company, is going to extremes to protect itself during these economic hard times. If you have one of their cards, you won’t be able to use it by mid-June. What does that mean for you and is this a harbinger of things to come?


Tags: small business, advanta, credit cards, recession

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Posted: 5/18/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Obesity in the Workplace Becoming an Issue

When it comes to workers’ comp, obesity has always been a kind of taboo subject, but that is changing and both employers and underwriters are starting to take a close look at the costs associated with obesity.


Tags: small business, workers’ comp, health insurance, obesity

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Posted: 5/18/2009 | Comments Comments (1)

Charles M Cooper
Charles M Cooper

Terminations: Make Sure You’re Right, and then Go Ahead

When it comes to firing an employee, it’s a bit easier if that employee did something wrong. The tough part is, you better be able to prove your allegations so they stand up in court.


Tags: small business, employment, termination, accusations, defamation

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Posted: 5/15/2009 | Comments Comments (1)

Charles M Cooper
Charles M Cooper

Healthcare Reform: New Taxes vs. a New Direction

The question of healthcare reform is a hot one these days, and the administration’s solution to it—taxes on all sorts of things including employer-paid benefits and soda pop—seems to be the odds-on favorite to win. Still, is sinking even more money, trillions of dollars, into healthcare really the only option? Perhaps it is really a matter of priorities instead.


Tags: small business, healthcare, health insurance, healthcare reform, taxes

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Posted: 5/14/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

ABC On Your Side: The Facts about FACTA

The Fair and Accurate Credit Transactions Act requires credit card receipts print only truncated portions of the credit card number used for the transaction. Those out of compliance face fines and civil lawsuits, which is the problem. The law has turned into a gold mine for trial lawyers who bring suit against small businesses they find in violation. This abuse must be stopped and ABC is stepping up to stop it.


Tags: small business, facta, fair and accurate credit transactions act, fcra, fair credit reporting act, abusive lawsuits, litigation

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Posted: 5/13/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Will Unionizing Your Business Help Rebuild the Middle Class?

Vice-President Joe Biden made an interesting comment. He declared that union growth is the way to rebuild America’s middle class. Is that true?


Tags: small business, unions, efca, employee free choice act, card-check

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Posted: 5/12/2009 | Comments Comments (0)

Charles M Cooper
Charles M Cooper

Should You Encourage Your Employees to Connect Online?

There is a growing tendency within companies for employees to connect with each other online in social networks like LinkedIn, Facebook, Twitter, and such. Is this, however, all its cracked-up to be, or are there problems lurking in the cyber-shadows?


Tags: small business, social media, web 2.0, employee relations, online relationships

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Posted: 5/11/2009 | Comments Comments (0)

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