Archive: April 20, 2008 - April 26, 2008

SBA Deputy Expected to be Nominated as Agency Chief

The Small Business Administration's second in command is expected to be named acting administrator if agency chief Steven Preston leaves to head the Housing and Urban Development Department, as requested by President Bush. When SBA Deputy Administrator Jovita Carranza was confirmed for her current position in December 2006, she...

By Sharon McLoone | April 25, 2008; 3:05 PM ET | Comments (5)

Experts Examine Small Firms' Role in U.S. Economy

Experts told the House Small Business Committee yesterday that times are tough for small firms with close ties to the housing market, but they're pretty good for those who have gotten cozy with the tech industry. Small businesses dominate the home building industry, according to Michael Hodgson, the owner of...

By Sharon McLoone | April 25, 2008; 2:42 PM ET | Comments (1)

House Passes Bill Supporting Small Business Innovation

The House on Wednesday approved legislation reauthorizing programs that provide federal support for new technologies emerging from private-sector small businesses. H.R. 5819 reauthorizes through 2010 the Small Business Innovation Research and Small Business Technology Transfer Research programs. The bill was passed 368-43. "Innovation is crucial for maintaining America's competitive lead...

By Sharon McLoone | April 24, 2008; 9:20 AM ET | Comments (0)

SBA Names Virginian National Small Business Person of the Year

The Small Business Administration has named a Virginia entrepreneur as its national small business person of the year. Shawn Boyer founded eight years ago and has grown it into a successful Web site for posting and finding hourly and part-time jobs. "Boyer is a perfect example of the creativity...

By Sharon McLoone | April 23, 2008; 1:31 PM ET | Comments (0)

Fraudsters Prey on Small Firms Looking for Loans

Small businesses looking for funding during these tight economic times are finding themselves the unwitting victims of fraud. More small firms are turning to the Internet to find loans and that's been a problem, said Edward Johnson, president and CEO of the Washington chapter of the Better Business Bureau. "This...

By Sharon McLoone | April 22, 2008; 10:15 AM ET | Comments (4)

One Small Business Automates Pain-in-the-Neck Paperwork

Dear Readers: This is the first in an occasional series of articles looking at different tools small businesses are using to help automate their administrative and back-office tasks. These aren't the only tools in their field, but an example of what some small firms are doing to make their daily...

By Sharon McLoone | April 21, 2008; 3:30 PM ET | Comments (2)


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