Day: October 15, 2014
The Midterm Elections: A Small-Business Primer
Think back to this time last fall, and you’ll remember Congress had shut down the federal government over a budget impasse, and political sniping led to the nation nearly defaulting on its debt. Both scenarios created huge headaches and uncertainty in the U.S. and for small business owners. Now with Election Day just three weeks away, some small business owners are wondering whether a similar firestorm is on the horizon. To find out more, IRead More
Contractorship in Engineering and Construction
Contractor is an honorable profession and business. Therefore, it is also profitable small business too. You have trade license for any kind of small business like contractor for engineering and construction work. You are a contractor of engineering and construction type small business (or contractor of export-import and supply products, goods and equipments). No matter, you are male either female but you engage to road, and bridge construction and repairing, small level building construction, andRead More
Small Business Owners’ Definition of Success Fuels Their Optimism
Back in the day, you didn’t just buy a TV set. These were enormous pieces of heavy equipment. Our forefathers and ancestors who bravely watched television before the days of House of Cards and Homeland had to order their set in advance (by phone or even in person!), arrange for delivery and then have someone set it up in the living room for not only the best viewing, but also the best reception. That’s what Chris Swift’sRead More
Small business can’t fund an economic expansion alone
How’s the economy going? In my long career, it’s hard to imagine a time when you could get as many different answers to this question. We know the answer if we’re talking to any of the millions of chronically unemployed or under-employed; they’re not represented in the misleading U3 unemployment index used by politicians and the media. And the same goes for the millions who were forced to transition from unemployment to early retirement, disabilityRead More
October 2014 Report: Small business optimism drops
SUMMARY OPTIMISM INDEX September’s Optimism Index gave up 0.8 points, falling to 95.3. At 95.3, the Index is now 5 points below the pre-recession average (from 1973 to 2007). Four Index components improved, six declined. Two declined by 10 points total, accounting for the entire decline in the Index score. Unfortunately, the two that fell drastically were job openings and planned capital outlays, which are directly relevant to GDP growth and hiring. LABOR MARKETS NFIBRead More