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

Charles M Cooper
Charles M Cooper

SBA’s Dealer Floor Plan Financing Begins

The Small Business Administration has initiated its Dealer Floor Plan (DFP) financing program, which will make it easier for auto, RV and other dealerships to borrow against their inventory and increase their cash flow.

Read Full Story »

Charles M Cooper
Charles M Cooper

PCI: Do You Comply?

July of 2010 will mark the full implementation of the PCI Data Security Standards for online payment card transactions. That gives you a year to get ready for it. Here is what you need to know.

Read Full Story »

Charles M Cooper
Charles M Cooper

Loyalty to Your Brand: 4 Laws of Customer Service

In an era where retaining customers is as important—or more important—than finding news ones, the big questions you have to answer are these: How loyal are your customers to your brand and what are you doing to keep them loyal?

Read Full Story »

Charles M Cooper
Charles M Cooper

Native-Owned Small Businesses Win Top Honors for Urban Economic Growth and Development

The SBA recognized two of its Emerging 200 initiative participants as being among the winners of the 2009 Inner City 100 competition. Chosen from a pool of nearly 6,500 applicants, the winners are Sacred Power corporation of Albuquerque, New Mexico and FutureNet Group of Detroit Michigan, both of them Native-American owned and operated businesses.

Read Full Story »

Charles M Cooper
Charles M Cooper

Fairness May be Coming to How Telecommuters are Taxed

Now we have some tax legislation coming out of Washington that makes sense, thanks to Rep. James Himes (D-CT), which would make it easier for companies to employ telecommuters from out of state by removing the tax penalties these employees currently face.

Read Full Story »

Charles M Cooper
Charles M Cooper

Study Ranks Banks on Small Firm Lending, Hints at Current Trends

The Small Business Administration’s Office of Advocacy has released the findings of it Small Business & Micro Business Lending in the United States for Data Years 2007-2008, which offers information useful to any small business owner looking for a small business loan.

Read Full Story »

Charles M Cooper
Charles M Cooper

Exempt or Nonexempt: You Need to Know

Do you know whether you are liable for overtime for your employees? Just because you pay them a salary doesn’t mean you are off the hook for time-and-a-half. Here is what you need to know.

Read Full Story »

Charles M Cooper
Charles M Cooper

ARC Loans Now Available

The SBA is accepting loan applications for a temporary new program called America’s Recovery Capital. These “ARC” loans, which go up to $35,000, help viable small businesses with immediate financial hardship to keep their doors open until they get back on track.

Read Full Story »

Kim Fenolio
Kim Fenolio

Announcement: Kim Fenolio Guest Expert on Twitter Dos and Donts Discussion

Kim Fenolio will be leading a Twitter chat that answers questions about how to use Twitter the right way for business. She’ll cover DOs and DON’Ts on how to get and keep followers, get attention, make some money in the process and anything guests may want to talk about.

Read Full Story »

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.

Read Full Story »

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

Read Full Story »

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.

Read Full Story »

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.

Read Full Story »

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.

Read Full Story »

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.

Read Full Story »