Leading online retailers are now targeting the B2B procurement space. Are there risks for small-business owners buying supplies from Amazon and eBay? In the span of about 15 years, online retail sales have grown from a tiny niche to more than $200 billion in revenues. Companies like Amazon and eBay are now looking for the next sector to dominate, and it seems business purchases may be their target. Moving beyond books and electronics, they're starting to distribute machine parts, industrial … [Read more...]
Banks Reach $8.5 Billion Settlement Over Foreclosure Abuse
The major banks' Settlement Over Foreclosure Abuse with federal regulators over improper foreclosure tactics and failed mortgage modifications points to some relief for small-business owners. The housing crisis has taken another baby step toward resolution with the announcement of a settlement agreement between 10 leading banks and the Office of the Comptroller of the Currency, which oversees banking in the U.S. The settlement agreement, valued at $8.5 billion, resolves complaints regarding … [Read more...]
Small-Business increases on health insurance rates
California small-business owners are getting hit with double-digit increases on health insurance rates, as state regulators deal with a loophole in the Affordable Care Act. Small-business owners in California are caught in the middle of a battle between the state’s insurance commissioner and leading companies insurance such as Anthem Blue and Aetna. The companies announced significant small-business premium increases, up to 17.4 percent, for 2013. Insurance commissioner Dave Jones believes … [Read more...]
Bond King Shares 4 Main Risks to U.S. Economy
Finance expert Mike Periu on the primary concerns Bill Gross, top U.S. investor and co-founder of PIMCO, has about the Risks to U.S. Economy. Bond king Bill Gross, a self-made billionaire, is one of the most successful investors in the U.S. He co-founded the Pacific Investment Management Company (PIMCO) which manages nearly $2 trillion in assets. Gross has concerns about the long-term health of the U.S. economy. His four main concerns are: Debt: The world’s developed countries, including … [Read more...]
New Law Helps Small Businesses Win More Government Contracts
President Obama recently signed into law new provisions to increase the percentage of federal dollars spent with small businesses with Government Contracts. 2012 was the eleventh year in a row that the federal government missed its small-business procurement goal. Federal agencies are tasked with spending at least 23 percent of their budgets with small businesses but consistently miss this mark. Last week, President Obama signed into law a series of provisions meant to address this problem. … [Read more...]
Why Aren’t Small Businesses Applying for Hurricane Sandy Assistance?
Small businesses affected by Hurricane Sandy aren't taking advantage of numerous Hurricane Sandy Assistance programs at the federal, state and local levels. Several months after Hurricane Sandy devastated many parts of the Northeast, many eligible small businesses have failed to take advantage of the numerous assistance programs made available by federal, state and local agencies. Many businesses that have applied are facing delays because documents containing important information were lost as … [Read more...]
Veteran VC Jeremy Levine Gives his Take on 2013
Veteran venture capitalist Jeremy Levine believes that Internet-based software services and apps may represent the next big boom in Web-based businesses. Jeremy Levine, partner at Bessemer Venture Partners, is a veteran investor responsible for successful investments in Pinterest, LinkedIn, OLX and other companies. Levine recently shared his forecast for what the venture capital industry can expect in 2013. He believes that the VC industry has a tendency to over-correct its mistakes. The … [Read more...]
Scam Alert: Latest Scam to Target Small-Business Owners
Small business owners are ripe targets for scam artists. A simple yet effective Scam to Target Small-Business Owners -- bogus bills. Small-business owners are very busy people, and scam artists know this makes them good targets. An old fraud targeting busy business owners has been making a comeback as of late. The scam couldn’t be simpler: Fraudsters send fake invoices to small-business owners and hope that they’ll just pay it without verifying whether it's genuine or not. The perpetrators play … [Read more...]
Ganar dinero extra trabajando como asistente virtual
Si estás buscando ganar dinero extra, puedes considerar la posibilidad de comenzar a trabajar como asistente virtual. Ya sea que hayas pensado buscar trabajo como tu fuente principal de ingresos o como complemento de los que ya percibes por otra actividad, ser asistente virtual tiene algunas ventajas que es conveniente que consideres si aún no lo has hecho. Te debes preguntar qué es un asistente virtual. Los asistentes virtuales realizan todo tipo de trabajos administrativos de apoyo a empresas … [Read more...]
Fiscal Cliff Tax Deal: What it Means for Small Business
How Congress's provisions to avert the fiscal cliff directly affect small-business owners. Congress' solution to the fiscal cliff focuses almost entirely on taxes with almost no consideration given to spending, setting up another contentious battle within the next two months to address the debt ceiling (the legal borrowing limit of the federal government) and spending cuts. Small-business owners achieved some victories, but high-income owners will see a significant increase in their overall tax … [Read more...]
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