Archive: June 1, 2008 - June 7, 2008

SBA's Preston Heads to HUD

Small Business Administration head Steven Preston was sworn in today as the secretary of the U.S. Dept. of Housing and Urban Development, where he will serve as the administration's point man on the slumping housing market and subprime lending crisis. Preston is likely to be lead negotiator as Congress and...

By Sharon McLoone | June 6, 2008; 5:57 PM ET | Comments (0)

Thinking Outside the Shoebox

Receipts in America are pretty much a universal occurrence -- everyone has them scrunched in their wallets, purses and pants or littered about their house, where they may or may not get filed away. Receipts have become part of pop culture. They're something that characters like George Costanza of "Seinfeld"...

By Sharon McLoone | June 6, 2008; 10:50 AM ET | Comments (2)

Budget Resolution Includes Small Biz Bump-Up

The Senate on Wednesday passed a budget for the fiscal year that starts Oct. 1 that includes an increase in funding for some small business programs. The Senate voted 48-45 for the nonbinding $3 trillion fiscal 2009 budget that outlines spending priorities. The House is expected to pass the measure...

By Sharon McLoone | June 4, 2008; 3:55 PM ET | Comments (3)

The Petunia Kings

Check out the latest installment of Tom Heath's Value Added blog posts on the WashBiz blog. He writes about Gary Magnum, co-owner of Bell Nursery USA in Burtonsville, Md., who has cornered the local petunia market by forging deals with big box stores like Home Depot. Check out the post...

By Sharon McLoone | June 3, 2008; 5:22 PM ET | Comments (0)

How Do I...Make a Succession Plan?

A succession plan is an organized process that goes into effect should a business owner become disabled, retire or die unexpectedly. It is intended to allow a business to continue operations with the least possible disruption, but many business owners are not implementing these plans. A recent PNC Bank survey...

By Sharon McLoone | June 3, 2008; 2:38 PM ET | Comments (0)

If You Rocked the Casbah - Meet Music Zoo

It's a gorgeous spring day and I'm on the phone with Wes Cowie, a start-up co-founder who's speaking to me from the outdoor cafe of his favorite local coffee shop where he does most of his thinking and some of his business. Cowie and business partner Jamie Koppersmith have embarked...

By Sharon McLoone | June 2, 2008; 2:15 PM ET | Comments (0)

 

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