Tom Allen’s General Motors dealership used to employ 49 people. Between the Detroit giant’s bankruptcy and the termination notice he got last May for his Chevrolet and Cadillac lines, 26 employees have either been laid off or left.
Archive for April, 2010
Auto dealers ready for new cars – and new hires
Friday, April 30th, 2010Status of Veteran Small Businesses: Are We Failing Our Veterans?
Friday, April 30th, 2010On April 29, 2010, Assistant Chief Counsel for Advocacy Joseph Sobota testified before the U.S. House of Representatives, Committee on Veterans Affairs, Subcommittee on Economic Opportunity hearing on Status of Veteran Small Businesses: Are We Failing Our Veterans? Advocacy Findings on Veteran Business Owners.
How to Keep Tabs on the Competition
Thursday, April 29th, 2010by Robin Lasher
I was contacted last month by a staff writer for Inc. magazine who was writing a story on competitive intelligence, also known as CI. It may sound like something only big companies can afford to do, but even small businesses will find it doesn’t take a lot of time or money to keep track of their competitors. An article this month in Inc., How to Keep Tabs on the Competition, provides useful tips and resources from business, marketing and CI consultants.
The foreclosure blast zone
Thursday, April 29th, 2010In a city filled with foreclosures and abandoned buildings, East Warren Avenue on Detroit’s east side could be called the epicenter. Banks own 1,331 buildings in the surrounding 48224 zip code. More than 7 percent of homes in the area were in foreclosure last year — the highest rate in the city.
Battered CIT returns to profitability
Wednesday, April 28th, 2010In its first full quarter since emerging from a whirlwind trip though bankruptcy, CIT Group returned to profitability.
How a tax break could get cash to startups
Wednesday, April 28th, 2010To motivate the well-off to funnel more of their cash into small businesses, should the federal government offer investors new tax breaks?
Your Board Needs a ‘Truth Teller’
Wednesday, April 28th, 2010In an excerpt from “Mastering the VC Game,” former Senator Bill Bradley helps the author’s startup by pressing for accountability
Tight Credit Continues to Impede
Wednesday, April 28th, 2010Small business owners are telling Fed Board members around the country that weak bank lending is holding them back
Connecting Main Street to the World: Federal Efforts to Expand Small Business Internet Access
Wednesday, April 28th, 2010On April 27, 2010, Acting Chief Counsel for Advocacy Susan Walthall testified
before the U.S. Senate Committee on Small Business and Entrepreneurship hearing on ” Connecting Main Street to the World: Federal Efforts to Expand Small Business Internet Access”.
Acting Chief Counsel for Advocacy Testifies on Federal Efforts to Expand Small Business Internet Access
Wednesday, April 28th, 2010Today Susan Walthall, Acting Chief Counsel for the Office of Advocacy at the Small Business Administration, testified before the U.S. Senate Committee on Small Business and Entrepreneurship about the importance and challenges of expanding internet access for small business. Walthall also testified about the Office of Advocacy’s upcoming study, due in the fall, evaluating broadband availability for small business.
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