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Business Articles
Small Business & Today's Economy PDF Print E-mail

Why do we still need to have Small Business Week? Is it not time to skip the somewhat patronizing 'good job' pat on the head followed by 'now let the big boys get back to the real work'.

When the US celebrated Small Business Week in May of 2009, President Obama used these words;

"Small businesses are the lifeblood of cities and towns across the country. Over the last decade, small businesses created 70 percent of new jobs, and they are responsible for half of all jobs in the private sector. They also help enhance the lives of our citizens by improving our quality of life and creating personal wealth. Small businesses will lead the way to prosperity, particularly in today's challenging economic environment."

Jill Crossland's October 2009 newsletterIn Canada we recognize Small Business Week in October and the endorsement that President Obama used is just as relevant. Across North America whether you call us entrepreneurs or small business owners we know that we are the face of the new economy.

So how can small business take its rightful place in the new economic landscape?

A good start would be the realization that hiring is no longer about taking on full or part time employees as it is about micro-hiring. Small businesses such as my own (a coaching company) often create a support team of part time, virtual and (or) contracted help. In the same way that it takes an accrued number of clients to make my income; the work that I pay these 'employees' for means that I am in turn a percentage of their revenue. Monies that they will use to buy groceries, pay their bills and sustain their own companies.

 
Gathering Dust PDF Print E-mail

Bill Gates and Steve Jobs didn't have one, mine is non-traditional, some sources state that it should 'conform to generally accepted guidelines regarding form and content' and it is rarely possible to get funding without one. I am of course talking about business plans.

06232009_newsletterBusiness planning has become its own industry; books, courses and entire websites dedicated to telling you how to prepare one. In today's fast paced, ever changing business world what is its value? Some fledgling entrepreneurs never get their business off the ground as they struggle to get their concepts down on paper within the guidelines set by governments and financial institutions. Others work so hard to stick with the plan that the completion overtakes them in motivation and resourcefulness.

 
To Twitter or Not To Twitter? PDF Print E-mail

In 1976 Stewart started a catering business in her basement. In the years to follow she released numerous cookbooks, wrote dozens of newspaper columns, magazine articles and other pieces on homemaking, and made numerous television appearances. In 1990 she went on to develop the magazine Martha Stewart Living, for which Stewart served as editor in chief. Her rise and fall from that point is well documented. Today her business is again thriving through her combined portfolio under Martha Stewart Living Omnimedia: The Martha Stewart Show, Martha Stewart Living and The Martha Stewart Radio Show.