By Bob Keener | Business for Shared Prosperity Washington, October 11, 2011 – As big American companies step up calls for another tax holiday on money they’ve parked offshore, Senator Carl Levin, chairman of the Senate Permanent Subcommittee on Investigations, has today released a study showing that a similar 2004 “one-time” tax holiday did not […]
When the federal government was bailing out big banks, Wall Street’s corporate America, Fannie and Freddie; one important federal financial program stayed solvent—the Small Business Administration. The SBA’s primary job is simply to encourage private financial institutions to make small business loans that they might otherwise not do. The SBA accomplishes this by guaranteeing up
This is a follow-up to last Friday’s blog on the ranking of South Carolina on entrepreneurship. The ranking was less than flattering but I said that someone needed to dig into exactly how the rankings were made. Friday afternoon I interviewed Michelle Abraham, Director of the South Carolina Small Business Development Center. She had talked
Entrepreneurship ranking explained Read More »
According to a report released by the University of Nebraska-Lincoln, South Carolina ranks last in entrepreneurial activity—down from 43rd last year. The 2010 State Entrepreneurship Index evaluated a state’s percentage growth and per capita growth in business establishments, its business formation rate, the number of patents per thousand residents, and the gross receipts of sole
Houston, we might have a problem Read More »
January 8, 2011USA Today By Steve Strauss The bad news is all around us and never seems to end. If it’s not Tea Party Republicans who somehow, shockingly seemed willing to allow the country to go into default before they would accept even the most basic of revenue increases, it’s a president who seems unable
Why only small business can save America Read More »
If you’re a locally-owned brick-and-mortar business relying solely on Google to drive internet shoppers to you, read this New York Times story. It describes how lead generators, located in other cities and other countries, are outsmarting Google into giving preferential search placement to businesses often with questionable experience and ethics. But we can help your
Is Google hurting your business Read More »
Yesterday Governor Haley vetoed the entire state budget for the South Carolina Small Business Development Center. Please see the letter below for our reasons for asking the Legislature to override Veto # 12. Call your House and Senate member ASAP, before noon today, and ask them to vote t override Veto # 12. You can
Action Alert–SBDC budget vetoed Read More »
Last week, Small Business Administration Administrator Karen Mills spoke to the Greater Miami Chamber of Commerce. She had good news for many businesses seeking credit. “Lending is back to 2008 levels,” Mills said. But the news wasn’t so good for the small businesses in geographically challenged areas and our smallest of small businesses. According to
Microenterprise Development Month Read More »
Almost 7 years ago, The South Carolina Small Business Chamber made an economic development proposal to a S.C. House Rural Caucus. Extend the job tax credits available to big businesses that add 10 new jobs to small businesses that create just one new job. Our argument was very simple. A job is a job. Ten
Main Street Matters Read More »
It’s been a year since President Obama signed the Patient Protection and Affordable Care Act (ACA) into law. Many provisions of the law address small businesses No. 1 concern—rising healthcare costs. Here are some of those provisions and how they are offering small business financial relief now. Tax Credits Beginning in 2010, small businesses with
Facts about the ACA on its First Anniversary Read More »
