PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Small Business Insider

October 23rd, 2020 by

by Raymond J. Keating- Economic growth requires robust entrepreneurship. In fact, when you look at underperforming economic growth that ran from 2007 through 2019, one underlying cause was the stagnation or decline in levels of entrepreneurship. And then of course, the COVID-19 pandemic and government-related shutdowns hit in 2020. How hard has small business been […]

October 20th, 2020 by

by Raymond J. Keating- The “side hustle” was originally defined as “a job or a business in addition to your full-time job.” But during this pandemic economy, with high levels of unemployment, typically included in the “side hustle” definition is “work done while looking for a full-time job.” Initially, the side hustle was emblematic of […]

October 16th, 2020 by

by Raymond J. Keating- The latest report on retail sales released on October 16 from the U.S. Census Bureau showed that monthly sales for retail and food service establishments continued to slowly climb back in September. Of course, retail sales plunged in March and April, and then bounced back notably in May and June. Growth […]

October 13th, 2020 by

by Raymond J. Keating- October 14, 2020 is an important anniversary in the history of pro-growth, pro-consumer, pro-investment and pro-small-business policymaking. Forty years earlier, President Jimmy Carter signed the Staggers Act into law. The Staggers Act was a major step forward in deregulating the railroad industry in terms of pricing services and establishing rail rates, […]

October 13th, 2020 by

UPDATED October 13, 2020 By Karen Kerrigan- The effects of the COVID-19 have hit small businesses very hard. Of course, many governments continue to place restrictions on business activity and public mobility. Sluggish demand continues to impact revenues, which is taking a toll on jobs and business viability. Let’s hope that mitigation strategies and state-based […]

October 13th, 2020 by

By Barbara Weltman- Social commerce is the activity of using social media platforms, such as Instagram and Facebook, to promote your products and services. Social commerce is growing and it’s likely that online shopping habits formed by customers during the pandemic won’t change once the ability to revisit bricks-and-mortar stores becomes safe. More consumers are […]

October 12th, 2020 by

BY BARBARA WELTMAN As a business owner, you may want to use independent contractors for various work you need to get done. It’s less costly than hiring employees. And during this pandemic period when businesses are trying to recover, the promise of permanent employment may be beyond the ability of owners to make. However, federal […]

October 8th, 2020 by

by Raymond J. Keating- It bears repeating that the U.S. economy is a small business economy. More than 99 percent of businesses are small-to-medium-sized firms with less than 500 workers, and small businesses employ about 48 percent of private-sector workers, and account for two-thirds of net new jobs. Therefore, the well-being of small businesses during […]

October 5th, 2020 by

by Raymond J. Keating- The two latest takes on the services sector of the U.S. economy released on October 5 point to welcome news. First, the IHS Markit U.S. Services PMI report noted optimism thanks to new business formations. It was noted: “September PMI data signaled a solid upturn in U.S. service sector business activity, […]

October 2nd, 2020 by

By Karen Kerrigan- The race to bring to a COVID-19 vaccine to market underscores the importance of advancing and maintaining productive government policies that encourage investment and innovation. Yet, while the race is on to produce a vaccine and effective treatments  – with America’s best minds and bio-pharmaceutical companies working around-the-clock on numerous initiatives – […]

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