May 4, 2012 |
Commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, the National Association of Realtors reported Thursday. "There have been notable improvements in capital for large commercial transactions valued at $2.5 million or higher, but there remain significant challenges for small business," said Realtors' chief economist Lawrence Yun. According to Real Capital Analytics, more than 13,000 major properties valued at $2.5 million or higher traded hands in 2011.
November 12, 2009 |
The call came as William Dunkelberg watched the sci-fi thriller Surrogates at a Plymouth Meeting theater. Katie Couric of CBS Evening News would like him on the national broadcast. With the nation's unemployment rate stubbornly hanging around 10 percent, President Obama was proposing that the U.S. Small Business Administration ease credit terms to boost lending and the job market. What about it? What did Dunkelberg think? Oh, and would he tape via video link from Philadelphia for CBS the same day as Obama's announcement?
March 14, 1999
Put life on hold Be prepared to put the rest on your life on hold while you nurture, coddle, stroke and preen your business. Prepare your family to become de facto customer service reps, typists, etc. Do not hesitate to hire out to others for the small jobs that keep you from doing your core business. Have both short- and long-range goals beyond "Making next week's payroll" and "Retire when I'm 50. " Do not depend on one customer for any more income than you can stand to lose in one month because some day he may not be your client anymore.
April 9, 2016 |
Pennsylvania is home to 1 million small businesses employing 2.4 million people, while New Jersey boasts 820,303 small companies with 1.7 million employees, according to the Small Business Administration's annual state-by-state profiles released Thursday. In both states, SBA profiles showed, small business represents a little more than 98 percent of all businesses and at or close to 50 percent of all employees. In Pennsylvania, the industries with the most small-business jobs were health care and social assistance, accommodation and food services, and manufacturing, according to the report, compiled by the Office of Advocacy, an independent unit within the SBA. In New Jersey, they were professional, scientific and technical services, "other services," and retail trade.
October 15, 2012 |
During a July campaign stop in Roanoke, Va., President Obama delivered a government's-got-your-back speech meant, it seemed, to not only attract votes, but also to console a country agonizing over plenty. "You're not on your own. We're in this together," he told his audience. But another remark Obama made riled many and sparked a national debate on small business: "If you've got a business, you didn't build that. " Romney forces insisted that it was an insult to small-business owners.
May 21, 1999 |
About 200 area business owners and local officials today are expected to discuss solutions to problems that some say hinder the start-up and growth of small companies in Bucks County. The Bucks County Small Business Conference 2000 - held on the campus of Bucks County Community College - is being touted as the first local event in the nation modeled on the White House Conference on Small Business held in Washington in 1995. Among those gathered will be Arlene Blosch, who during the last 13 years of running a Bensalem-based travel agency has dealt with many of the topics on the agenda.
November 23, 2012
THIS SATURDAY CAN be a different type of shopping day. No need to worry about trying to find a parking space at a suburban mall, or being overrun by hordes of shoppers acting as if they had just stumbled onto the newest bazaar in Istanbul. Instead, because it's Small-Business Saturday, you might consider visiting a small, intimate, popup boutique, say, in Center City, where you can pick up a WeWood watch. I'm thinking of Kembrel - which has two locations, on Locust near 12th and on Chestnut near 18th - a small-biz alternative to the big-box retailers and chain stores.
January 3, 2011 |
On the rough road that is life as a small-business owner, consider how taxing the going has been for Drew and Heather Arata, owners of Earth & State, a pottery store in Media. "We had to sell our car," Drew Arata said. The 1997 Dodge Stratus went at the end of October, a move the couple made, he said, "to save money during a really tough year. " A month later, help arrived. Not the kind with four tires and a V-6 engine, but rather a national initiative to promote small business through newspapers, television, radio, and social media.
March 16, 1986 |
Although Tuesday's White House Conference on Small Business in New Jersey was held in Cherry Hill, its flavor was not particularly that of South Jersey. The issues raised at the conference were primarily national, and the delegates elected for the national conference in August were mostly from North Jersey. In addition to electing the 32 national conference delegates, the 650 participants and observers took part in 14 workshops that covered such topics as taxation, economic policy, foreign trade and education, and training.
March 26, 2013 |
A notable piece of small-business news on Capitol Hill concerns a tax proposal that could lift some of the uncertainty entrepreneurs complain about. Under a proposal announced this month by House Ways and Means Committee Chairman Dave Camp (R., Mich.), a popular tax deduction for equipment purchases would become permanent and be set at $250,000, aside from annual inflation adjustments. Known as the Section 179 deduction, it is scheduled to drop to $25,000 in 2014. It was set at $500,000 from 2010 through 2013.