YOUR FRIENDS' ACTIVITY

    • Could a coach help your business stay afloat?

      "Business owners who seek to learn from others and reach out to resources for help are more successful than those who don't." So says Ken Yancey, CEO of SCORE, a national nonprofit network of experienced business executives who offer free counseling to entrepreneurs. In his 20-plus years on the job, Yancey says he's come to see that small businesses really need two things most: money and mentoring. Could a coach help your business stay afloat?

      While nearly three-quarters of business owners who responded to a recent Yahoo! survey said that their business is suffering the effects of the stalled economy, Yancey says a SCORE year-on-year survey showed that some 90 percent of businesses that had consulted SCORE for help in 2009 were still in business a year later. Yancey won't take all the credit for that—"we all know there are a lot of factors that come into play"—but he has no doubt that SCORE's 13,000 volunteer mentors who counsel businesses at 364 chapters nationwide have played a big role.

      In addition to SCORE, Yancey points to

      Read More »from Could a coach help your business stay afloat?
    • What’s in the JOBS Act for you?

      Earlier today we posted a Yahoo! Small Business Advisor article about  legislation that would make it legal for entrepreneurs to sell small stakes in their companies through online crowdfunding platforms. Just a few hours later, the House voted to pass the Jumpstart Our Business Startups (JOBS) Act, a package of six separate pieces of legislation, including the one supporting crowdfunding that it had approved in a vote last November. The Senate will consider a similar bill next week.

      Business owners have told Yahoo! that a lack of access to capital is hurting them. Crowdfunding is just one element of the JOBS Act meant to address that problem. As the Washington Post reported this afternoon, small business advocates are applauding the bipartisan passage of a bill that "would ease Securities and Exchange Commission rules that can impede or slow the process for companies trying to enter the public markets."

      Aside from legalizing crowdfunding--which would let proprietors raise investments

      Read More »from What’s in the JOBS Act for you?
    • The Young Entrepreneur Council today kicked off a national initiative to steer politicians' attention toward policies and programs that YEC and its partners say would encourage and enable more entrepreneurship among young people and tackle "an epidemic of youth unemployment and underemployment."   

      YEC's ambitious and energetic founder Scott Gerber, a 27-year-old self-proclaimed serial entrepreneur, says his organization's #FixYoungAmerica movement will feature a social media campaign, nationwide events, and the publication of a compilation of essays on entrepreneurship written by the country's "brightest intellectuals, nonprofit founders, philanthropists, educators, politicians, and entrepreneurs."

      He says the goal is to create a "positive conversation" about how to build solutions for young entrepreneurs. "Whenever you hear about youth unemployment, it's always in the negative. We're the 'lost generation'," Gerber says. He'd prefer to focus on what's working and legislate from that

      Read More »from “Fix Young America” movement pushes policies to support entrepreneurs
    • Five questions for Small Business Administration chief Karen G. Mills

      Karen G. Mills was sworn in as the 23rd Administrator of the U.S. Small Business Administration in April 2009. Last month, at the same time he sought Congressional authority to reorganize and consolidate SBA with the Commerce Department and the U.S. Trade and Development Agency, President Obama elevated Mills' post to the Cabinet level.

      Yahoo! Small Business had the opportunity last week to ask Mills to discuss her new post, her plans for 2012, and her take on small business owners' top priorities now.

      U.S. Small Business Administration Administrator Karen Mills, second from right, visits a North Carolina small businessU.S. Small Business Administration Administrator Karen Mills visits a North Carolina small business

      SmallBiz Vote: What does the elevation of the Small Business Administration to the cabinet level right now mean for small business owners? How will your new seat at the cabinet table impact what you are able to accomplish for small businesses, near-term and long-term?

      Karen G. Mills: Small businesses are the economic engine of our economy. They create 2 out of every 3 new jobs. Roughly half of America owns or works for a small business.

      The President understands the importance of

      Read More »from Five questions for Small Business Administration chief Karen G. Mills
    • If you're a small business owner suffering the effects of the stalled economy, you're far from alone. More than 70 percent of respondents to a Yahoo! Small Business survey this month said they're hurting. Detailed results of the survey—which polled 250 owners of businesses that employ between 1 and 100—is available here.

      An open-ended survey question asked respondents "what one issue affecting your business would you like to see policymakers address?" The most common replies focused on taxes, access to capital, healthcare, and unemployment.

      Do these business owners' comments echo your sentiments? What would you add to the list?

      On taxes:
      •    "Taxes on the small business man are thru the roof and need to be addressed."
      •    "[Give us] clear, simple tax codes so we can gauge our future expenses accurately."
      •    "We need real incentives and real tax breaks for the Mom and Pop companies."
      •    "I want [policymakers] to recognize that taxes are killing small businesses."
      •    "Small

      Read More »from What Washington should fix first: the top four gripes of small business owners
    • Mom and Pop Fight Back

      Mom and Pop are taking off the gloves. Today the New York Times reports on a growing trend among independent online businesses to tap into the anti-corporate zeitgeist that fueled the Occupy movement. Independents have long competed using tactics such as personalizing service and dodging direct price comparisons. Now there's a new approach: small business is good business.

      The Times quotes one online small business owner: "you end up relying on what hopefully becomes an emotional or personal connection with the retailer online."

      What's your experience? Does your business compete directly with the online goliaths? If so, share your success strategies in the comments.

    • Small Business Advisor: Any Time, Anywhere

      We're pleased to announce that Yahoo! Small Business Advisor - including the Profit-Minded Blog - is now available on iPad through Yahoo's Livestand iPad app. You'll find us in the Business & Finance section. To pin Advisor to your Livestand library, simply tap the green plus sign when you view Advisor in the Livestand table of contents.

      Advisor for iPad includes the same lineup of ideas and advice for entrepreneurs and growing businesses as the Advisor web site, in a format optimized for tablet viewing. You'll find original articles and blogs as well as content from leading partners including Entrepreneur, Inc., and Reuters. The iPad is a great place to explore Advisor's video library.

      More about Livestand here.

      Small business information any time, anywhere. Check out Advisor on your iPad today!

    • Testing

      Testing

    • The vote that matters most to economic recovery

      Welcome to The SmallBiz Vote, a new blog from Yahoo! Small Business Advisor, where we'll be tracking the political issues that matter most to small business owners throughout the 2012 election year. In the coming weeks and months, this space will feature the political views of small business owners and keep you updated on the election news that affects you.

      If you're a small business owner, bookmark us now, and return on Monday for detailed results of a new Yahoo! Small Business Advisor survey that reveals how people like you have been impacted by the stalled economy, whom they blame, and what changes they're looking for from Washington.

      And stay tuned for our Q&A with Small Business Administrator Karen Mills. She'll share her goals as she takes a new Cabinet post in the Obama Administration, and explain how the 2013 budget proposal strives to serve the needs of small businesses and the priorities of the SBA.

      It's clear that President Obama and the candidates who would like to replace

      Read More »from The vote that matters most to economic recovery
    • Business lessons learned the hard way

      Woman upset over a mistakeannoyanceMistakes teach some great lessons. But they are often painful, so it's better to learn from others' mistakes, whenever possible.

      Rene Shimada Siegel was nice enough to share some of her hard-earned lessons with me. She started her business, High Tech Connect, 15 years ago after leaving the corporate world so that she could have more flexibility in raising three young children. Her firm matches companies with talented marketing and PR pros and is based in Pleasanton, California.

      Her four lessons:

      "Trust your instincts. Slimy prospects make even worse customers. Every time I went against my gut and opted for the money, I regretted my decision. Big time.

      "Being successful doesn't mean you have to be big. There are some things much more important then giant revenue. Profits. Sanity. Fun. Sleep. Focus on what you do best, and then OWN it.

      "Best business decision ever: joining a small business CEO group (called Vistage). Every entrepreneur needs a mentor or peer group to provide honest

      Read More »from Business lessons learned the hard way

    Pagination

    (331 Stories)

    Popular Blog Posts

    Friend's Activity