Archive for May, 2009

Monday, May 18th, 2009

It’s National Small Business Week This Week!

Yesterday marked day one of the U.S. Small Business Administration’s 46th annual National Small Business Week. To help the SBA celebrate National Small Business Week, we’re going to focus this week’s blog posts on those men and women who are working hard to drive economic growth in this country—the small business owners themselves.
Kauffman Foundation recently […]

1 Comment » - Posted in PartnerUp, Small Business by Megan Dorn

Friday, May 15th, 2009

What Exactly Is Word of Mouth?

Word of mouth is basically an expressed recommendation from a customer. For example, let’s say you went to a new restaurant and thought the food, service and atmosphere were all amazing. Then today you were on the phone with your sister and started talking about the great time you had at this new restaurant and […]

2 Comments » - Posted in Small Business by Megan Dorn

Thursday, May 14th, 2009

Automakers Making Drastic Cuts in Dealerships

In a bankruptcy court filing today, Chrysler LLC announced that it will be closing 789 dealerships, or about 25 percent of its 3,200-dealership network, according to CNNMoney. Chrysler is citing too many stores and low sales as primary reasons for the cuts. Right now slightly more than 50 percent of the franchise dealerships account for […]

No Comments » - Posted in Small Business by Megan Dorn

Wednesday, May 13th, 2009

Support Your Local Small Businesses

It’s tough for your local small businesses to compete with supermarkets and national retail chains. Consumers like the low prices and convenient one-stop shopping. What consumers don’t always realize is that local small businesses can offer much more in the long run. Here are some long-term benefits of supporting your local small businesses.

Supports Local Economy. […]

1 Comment » - Posted in Entrepreneurship, Small Business by Megan Dorn

Tuesday, May 12th, 2009

Engaging with Charities to Boost Business

Charities are a great way to give back to your community and those less fortunate, but as a small business owner your charitable intentions don’t have to be 100% altruistic. Many small business owners affiliate themselves with charities as a part of their marketing strategy. Consumers like to do business with companies that support causes. […]

No Comments » - Posted in Small Business by Megan Dorn

Monday, May 11th, 2009

Small Business Tip of the Week: Budgeting

Budgets are important because they serve as a reference point to guide your business management strategies, but to make your budget effective, you need to stick to it. Having said that, every budget should include some wiggle room. This may sound odd, but the key to sticking to a budget is a willingness to be […]

No Comments » - Posted in Small Business by Megan Dorn

Friday, May 8th, 2009

PR Stunts: Crazy but Effective

I’ve always been a big fan of crazy PR stunts. Some people may look at them as…well, crazy, but I think most realize their true brilliance. PR stunts are all about the “wow” factor, which can often include a sizeable amount of humor, which is precisely why they’re awesome. The reason they’re effective, however, is […]

No Comments » - Posted in Small Business by Megan Dorn

Thursday, May 7th, 2009

Senators Propose Small Business-Centric Health Care Reform

While the Congressional health care reform debate isn’t scheduled to begin until early this summer, some members of Congress are already setting the debate in motion. Senators Dick Durbin (D-Ill.), Olympia Snowe (R-Maine) and Blanche Lincoln (D-Ark.) introduced Tuesday a piece of legislation called the Small Business Health Options Program or SHOP (According to the […]

No Comments » - Posted in Business and Politics, Small Business by Megan Dorn