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Book Blogging 101

In this practical discussion, seasoned book bloggers Rebecca Vnuk and Karen Keefe will cover the benefits of starting a personal or library-related book blog, …

Small Business in the United States

It is a common misconception that the U.S. economy is dominated by huge corporations when in fact roughly 99 percent of all independent enterprises in the country employ fewer than 500 people, meaning small businesses technically dominate the market in the United States, accounting for 52 percent of all workers according to the U.S. Small Business Administration. According to the United States Department of State, “Some 19.6 million Americans work for companies employing fewer than 20 workers, 18.4 million work for firms employing between 20 and 99 workers, and 14.6 million work for firms with 100 to 499 workers; by contrast, 47.7 million Americans work for firms with 500 or more employees.” Of the many reasons small businesses traditionally do so well in the United States economy is their readiness to respond to changing economic climates and situations, wherein customers appreciate the interactivity and accountability of small businesses to their local community wants and needs. Building a small business has always been a backbone of “The American dream,” so it stands to reason a lot of small businesses were created in this pursuit. With just over half of the American workforce employed by small businesses – those with under 500 employees, small businesses produced over three-fourths of the economy’s new jobs between 1990 and 1995, which was even larger than their contribution to employment growth than in the 1980s, though slightly less than 2010 to 2016. Small businesses, in general, provide an easier entry point into the economy, especially for those facing a disadvantage in the workforce like minorities and women – in fact, women participate perhaps the most heavily in the small business market, where the number of female-owned businesses rose 89 percent to 8.1 million between 1987 and 1997, reaching over 35 percent of all sole proprietorships by the year 2000.​. The SBA specifically seeks to support programs for minorities, especially African, Asian, and Hispanic Americans, and according to the Department of State, “In addition, the agency sponsors a program in which retired entrepreneurs offer management assistance for new or faltering businesses.” One of the greatest strengths of the small business is its ability to quickly respond to economic pressures and local community needs, and because many employers and owners of small businesses interact with their employees and are active members of their local communities, company policy is able to reflect something much closer to the local ethos than a major corporation that comes into a small town. Innovation is also prevalent amongst those working in small businesses compared to major corporations, though some of the tech industry’s biggest corporations started out as tinker projects and sole proprietorships, including Microsoft, Federal Express, Nike, America OnLine and even Ben & Jerry’s ice cream. This doesn’t mean that small businesses can’t fail, but even the failures of small businesses are considered valuable lessons for entrepreneurs. According to the United States Department of State, “Failures demonstrate how market forces work to foster greater efficiency.”
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Best Small Business Loans: Small Business Funding

Small business loans are on the rise, with the U.S. Small Business Administration. Even though these particular loans are being taken out at amazing rates, a lot of small business owners still have a number of questions when it comes to borrowing money to cover their small business needs. What exactly is a small business loan? When should you get one? What benefits do small business loans offer? How do you apply? The list goes on and on. A small business loan is money borrowed to start, grow, or keep a small business afloat. A small business loan obtained by a startup is often used to buy any necessary property, buildings, equipment, or inventory to put the business owner’s dream into action. Obtaining a small business loan essentially enables you to effectively run all aspects of your business, minimizing any disruption during slow periods and giving you cash flow options if you’re ready to take your company to the next level. You can also obtain a small business loan online no matter where your small business is located, such as when you’re applying for a small business loan through BFS Capital. If you’re wondering how to apply for a small business loan, the first step is to make sure you qualify for the specific business loan you want. Do I have enough capital to start my small business without putting my family’s welfare at risk? Am I entering a slow season where I typically have difficulty paying my bills, making a small business loan preferable because it would take some of the stress away? Am I ready to grow my business, but just need some working capital to make it happen until I can increase my revenues from the extra sales? BFS Capital Small Business Loans Get the small business funding you need to make your good company great. Our loans for small businesses are designed to help you start your business, tackle the inevitable growth challenges you face while building your business, or simply help you get through the slow times, like when your industry has a natural lull. We also offer some of the best small business loans and funding solutions available, with benefits you won’t find anywhere else. Whatever your small business needs, BFS has a small business loan option for you!
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Yahoo Small Business

Over more than 20 years of helping small businesses launch, grow and manage successful eCommerce stores, Yahoo Small Business has learned and defined the steps and techniques that are most likely to help new business quickly attract new customers, increase conversions and scale their growth. Merchant Solutions Enterprise jumpstarts smaller online retailers with a level of advice and expertise that Yahoo has provided larger small businesses with decades of experience. To fulfill the needs of all customers, Yahoo Small Business has formed the Enterprise support team with Launch Managers and Success Managers who work with individual merchants to get their store launched and ensure they always have a guided path for continued growth. Yahoo’s tenured team of Launch Managers, Success Managers, and support members are committed to working through individual issues through resolution to ensure that the merchant’s transition to Merchant Enterprise is as smooth as possible. Launch Managers support launch needs and serve as a point of contact for platform migration, developer coordination, and launch timeline. Yahoo Success Managers identify the needs of your unique business and work directly with partners who fit your budget. Unlike many competing eCommerce platforms, Yahoo Small Business doesn’t lock core platform features like order management and checkout configuration behind apps with additional cost. Enterprise Launch Managers can provide ad
vice, resources, training, and integration assistance throughout the setup process. Launch managers determine the launch requirements and proactively solve potential roadblocks, setting dates for objective goals along the way. The merchant will be connected with a Success Manager after launch and a Developer Network partner if needed for any advanced technical or integration requirements. Success Managers are tenured, experienced account managers who have worked to grow merchants from 0 to more than $80 million over our 20+ year history supporting valuable merchants. Yahoo Small Business has seen industry challenges change over the last 20 years from a focus on auctions and small comparison sites to powerhouses like Amazon and big-box competition.
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