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SMB Economy

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Business Credit Management from SBA and Dun & Bradstreet

Small business owners now have a new small business resource to help improve their chances for profitability by understanding the importance and use of business credit.  The U.S. Small Business Administration today launched a series of training resources designedto help small business owners manage their business credit.
Step 1:  Start a business credit file - To […]

Tax Refund Loans May Be Restricted by the IRS

Loans based on tax refunds are all the rage, but fraud worries have the IRS moving to restrict H&R Block and Jackson Hewitt Tax service.  You can’t walk down the street without seeing the ads for these, but many experts warn against them.
Tax preparers charge huge interest rates […]

Slow Spending in Retail Market for 2007, Improvements expected in Q3

It’s been six years since retail has seen a pinch like this, according to the National Retail Federation.  The NRF’s annual economic outlook expects full-year sales this year to grow 3.5%, the slowest since 2002.
“Consumers will be under financial stress from high energy costs, the fallout from the housing slump, and sluggish employment and income […]

Fed Chairman Promises to Open Up

Ben Mernanke has been slammed lately about his mixed messages but has promised to clear things up, according to the Wall Street Journal
“…Reflecting the new approach, the Fed chief indicated in a speech last week that the economic outlook had deteriorated, with the housing slump and credit crunch spilling over to damp consumer spending and […]