Archive: July 22, 2007 - July 28, 2007

IBM, World Bank Partner on Online Toolkit

A revamped small business toolkit put together by IBM and the World Bank was unveiled Thursday afternoon, part of an effort to aid women and minority entrepreneurs in the United States and small businesses generally in developing countries. The free resource -- www.smetoolkit.org -- offers advice on finance, accounting, marketing,...

By Sharon McLoone | July 27, 2007; 6:00 AM ET | Comments (0)

Minorities Start Fewer Businesses, Study Says

Black and Hispanic budding entrepreneurs face greater odds in opening a business than their non-minority counterparts, according to a new small business study. "The Effect of Wealth and Race on Start-up Rates" (pdf) found that a minority has about a 55 percent lower chance of opening a business than a...

By Sharon McLoone | July 26, 2007; 10:00 AM ET | Comments (3)

Thousands of Tax-Exempt Firms Owe $1B in Taxes

Almost 55,000 tax-exempt organizations had almost $1 billion in federal unpaid taxes at the end of September 2006, according to a new government report (pdf). While this report covers tax-exempt businesses of all sizes, it should give small business owners pause because you can be sure lawmakers will step in...

By Sharon McLoone | July 25, 2007; 4:52 PM ET | Comments (0)

Small Firms Lament State of Government Contracting

Witnesses at a July 18 Senate committee hearing decried the state of government contracting for small firms, saying poor data and lax enforcement of rules are exacerbating the problem. One of their chief concerns was not enough contracts were making their way to small firms. During the hearing, Sen. John...

By Sharon McLoone | July 25, 2007; 10:18 AM ET | Comments (1)

How Do I...Get a Better Business Bureau Seal of Approval?

The Better Business Bureau, which promotes business ethics through self-regulation in the marketplace, cites a Gallup Poll that says three out of four consumers prefer to do business with a BBB member. But is it worth your while? To be able to sport the seal, a business must become a...

By Sharon McLoone | July 24, 2007; 6:00 AM ET | Comments (0)

Defense Contractor Plays 'Finders Keepers'

BriarTek finds people who want to be found. On the BriarTek shop floor. (Courtesy Joe Landa) The small Alexandria, Va.-based company makes the MOBI, an electronic beacon that attaches to a sailor's uniform and activates a radio signal if the sailor falls overboard. Company cofounder Joe Landa says BriarTek has...

By Sharon McLoone | July 23, 2007; 9:30 AM ET | Comments (0)

Senate Panel OKs Patent Reform Bill

The Senate Judiciary Committee approved a bill Thursday designed to revamp the nation's patent system, legislation that includes several provisions that would affect small inventors. The bill would create a more efficient process to review issued patents and to limit damages for infringement. It also would create a new class...

By Sharon McLoone | July 23, 2007; 6:00 AM ET | Comments (0)

 

© 2010 The Washington Post Company