Archive | Small Business Tips

The Most Important Questions in Business

Entrepreneurs can’t completely inoculate their businesses from the vagaries of the market. What they can do is wrestle with the fundamental questions that govern the fate of any enterprise. Digging for those answers is a grueling exercise–one that takes serious intellectual and emotional honesty. With any hope, the process begins long before money’s been spent, … Read More »

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Banks Happy to Hand Credit Cards but Not Loans to Small Businesses

On Monday Federal Reserve Chairman Ben Bernanke took up the growing issue of lack of lending to small businesses by banks, and the havoc it’s causing in the economy. Lending to small businesses contracted by $40 billion for the first quarter of 2010 as compared to 2008, reported FORTUNE. Only a third to half of … Read More »

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The Art (and Journey) of Raising Funds

For an entrepreneurial start-up, landing that first check from an investor is a milestone. What many start-ups don’t realize is that the seed capital they raise – often from friends and family – is just the first step in a fundraising journey that can drag on for months or even years, wrote a columnist in … Read More »

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Fed Aiming to Boost Small Business Lending

WASHINGTON — Federal Reserve Chairman Ben Bernanke has stepped up pressure to get banks to boost lending to the nation’s small businesses, a critical element to spurring the economic recovery and reducing unemployment, reported The Associated Press. Bernanke and other regulators have urged banks since February to increase their lending to smaller companies. Lawmakers on … Read More »

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Small Business Lending Down; Reasons Still Elude Experts

WASHINGTON — The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they needed to create jobs, reported The New York Times. He also acknowledged that economists could not agree on why such lending has contracted substantially over the last two years. Small businesses … Read More »

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Bernanke: $40B in Small Business Loans Disappear

NEW YORK – In the last two years, $40 billion worth of loans to small businesses have evaporated, and correcting the problem should be “front and center among our current policy challenges,” Ben Bernanke, chairman of the Federal Reserve, said in a speech Monday. Loans to small businesses dropped from more than $710 billion in … Read More »

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