Small Business BlogABC Small Business Blog - News, reviews, and opinions from ABC's editors

Articles related to: economy


Cheryl Sowa
Cheryl Sowa

Ho Ho Hold the Holiday Perks

The economic crunch has caused many small businesses to change their holiday festivities, including parties and gifts.

Read Full Story »

Charles M Cooper
Charles M Cooper

Buy Local Networks and You

Small businesses today are banding together in even greater numbers than ever before to promote the idea of buying from local businesses. Would this be a good fit for your business?

Read Full Story »

Charles M Cooper
Charles M Cooper

Clock is Ticking on Senate Stimulus Vote

There will soon be a vote on the Senate version of President Obama’s so-called stimulus plan, on the list of social and governmental programs, the token tax cuts and the even more token nods to small business. Question: If this bill doesn’t stimulate small business, why is everyone calling it a stimulus bill?

Read Full Story »

Charles M Cooper
Charles M Cooper

Hire American

The media has been talking about the Buy American provisions in the much-debated stimulus bill, but there is similar issue under debate in the Halls of Congress, the 1-HB Guest Worker visa issue. The question is this: As American unemployment continues to break records, is there still a place for foreign workers in America? Is it now time to Hire American?

Read Full Story »

Charles M Cooper
Charles M Cooper

Buy American

Buy American! That is what is being debated in the halls of the Senate this week. What they seek is a balance between the needs of the global economy and the stimulation of the American economy and the future of small exporters could well hang in the balance. Is it more important to keep the global markets in mind or to build wealth here at home by buying American?

Read Full Story »

Charles M Cooper
Charles M Cooper

A New World Order We Can Live With

The Prime Minister of Australia has come out with it, a call for a New World Order in which Democratic Socialism would be the norm since, according to the PM, the free market simply cannot be trusted. Maybe he is right, and a new world order really is necessary, but is it the democratic socialism that he is calling for? Not a chance.

Read Full Story »

Charles M Cooper
Charles M Cooper

Will the Backbone of the Economy be the Backbone of the Recovery?

Will the deepening recession force a realignment from a unified national economy to one where local interests predominate? What would that mean for small business and is it the solution to our troubles?

Read Full Story »

Charles M Cooper
Charles M Cooper

Would a Population Boom Help or Hurt Us?

Taking a more, shall we say, personal approach, to their economic woes, Japan has asked employers to let their workers off early to spend time with their families, hoping that this will stimulate the birthrate. Why? Because they recognize that economies grow and thrive when birthrates do likewise. Would that work here?

Read Full Story »

Charles M Cooper
Charles M Cooper

A Vicious Cycle of Sales

It used to be that the holidays would roll around, prices would drop and then, once the annual consumer feeding frenzy was over, they would rise again. 2009 is shaping up to be something different, as retailers strive to keep the people coming in by piling sale on sale. A good strategy or do retailers just not know what to do? How can you break the cycle?

Read Full Story »

Charles M Cooper
Charles M Cooper

SBA Loan Default: Any Suggestions?

Sometimes bad things do happen to good people. Here we have a couple who cosigned on an SBA loan so the wife’s sister could open a restaurant. The sister came down with a terrible illness, the business failed, now here they are responsible for the loan and the bank is eyeing their home. Folks, we are looking for suggestions on this one.

Read Full Story »

Charles M Cooper
Charles M Cooper

The Chicago Sit-In: The Shape of Things to Come?

The workers at Republic Windows and Doors were suddenly fired last week, and they are protesting by sitting in at their former employer. They want the severance and vacation pay their contract entitles them to, but the company says Bank of America, which pulled Republic’s credit line, is calling the financial shots and refusing to pay. The bank denies all responsibility. Who should pay the workers?

Read Full Story »

Charles M Cooper
Charles M Cooper

Bankruptcy vs. Bailout: Which is Really Better for the Taxpayer

With the Big Three Automakers threatening bankruptcy if they don't get a government bailout, the question is whether it would be better: to let them go under and fall into the hands of a bankruptcy judge or bail them out and let them fall into the hands of Congress?

Read Full Story »

Charles M Cooper
Charles M Cooper

Strong Communication Skills and Some Wise Words

It is always hard to terminate an employee, but there are just some things you shouldn't do and one of them is announce the firings on the company blog. We've got some tips to help you avoid an a difficult termination. Also, as an added bonus, some financial advice from the Roman Empire that still rings true today.

Read Full Story »

Kim Fenolio
Kim Fenolio

Getting New Customers During the Failing Economy

Mainstream media advertisement is expensive. The economy is failing but we still need to make money to pay the bills. No one is going to do an individual business bailout. In small business, we can't afford traditional media avenues to make the money. Social media is a no-cost way to bring in new customers and business, taking it to the next level.

Read Full Story »

Charles M Cooper
Charles M Cooper

American Confidence in Small Business

We like facts, but as a people and as a nation, tend to run on feelings—specifically confidence. It controls many of the choices we make. How do you feel about the Congress? Do you trust the Military? What are your feelings about small business? How about your church? We have the answers and they are very interesting.

Read Full Story »

Email:    Password: | Register | Help