Week in Small Business part - 11

. Posted in small Business week


It Ain-t Over -Til It-s Over

Was this what Yogi Berra meant? The Wall Street Journal says that while big companies are back to normal, smaller businesses are still struggling to shrug off the economic recession. The piece includes a 35-person firm that continued its recession practice of requiring employees to take one unpaid day off each month until sales rev up.

Do State Tax Policies Favor Big Over Small?

Robb Mandelbaum of The New York Times examines the tax topic of combined reporting and how, in certain states, large corporations are able to chop what they owe the government. The methods are rarely feasible for small businesses that only operate at the local level. It-s become a legislative hot button as states look to stabilize their revenues, though Rhode Island, for one, recently said no to a proposed reform.

Health Insurance Exchanges Could See Spotlight

Speaking of the states: The Hill checks in with a brief item on a politically partisan report that recommends state governments start investing in health insurance exchanges for their small businesses. Last year-s federal healthcare reform included provisions for such exchanges, though the piece notes that most of the attention has gone to the marketplace for individual consumers rather than small businesses. Beginning in 2014, states can operate such insurance pools in tandem with consumer exchanges to leverage increased purchasing power.

Self-Employment Booms In Cuba

Cuba has issued more than 300,000 self-employment licenses during the last eight months, and it might be redefining the phrase -home office- in process. NPR reports that since Cuban small businesses were nationalized by Fidel Castro, much of their commercial space was turned into housing. Now, as Castro-s brother Raul eases those restrictions, shops are popping up in what are technically front yards and living rooms. Meanwhile, some new entrepreneurs have a familiar-sounding gripe: Taxes and government regulations.

Born or Bred: Which Entrepreneur Are You?

A recent Babson College study takes a look at whether your business is in your blood — quite literally. The verdict? Entrepreneurship can be taught, and having entrepreneurial parents doesn-t increase the likelihood of you starting your own business. Consider the source: Babson-s a business school. But Inc. com notes that a less-recent Harvard study indicated college students were more inclined to start their own businesses if convinced they had the chops. What about you: Nature or nurture?

Kevin Casey has worked for more than 11 years as a writer and editor at companies large and small. He is a regular contributor here and at InformationWeek. Follow him at twitter. com/kevinrcasey. View all posts by Kevin Casey This entry was posted in Trends and tagged Cuba, entrepreneurship, health insurance, healthcare, news, recession, Taxes. Bookmark the permalink.
Learning when you are allowed to and how to start a non profit business are critical steps in a busi
Starting a business and need to learn how to start a limited liability corporation? For those who w
Interested in learning how to start a corporation? Let’s start with an overview… A corp
In this article we’ll cover the definition of sole proprietor. There are a multitude of small
What is the definition of a corporation? This article will explain the basics of the corporate entit
Alphalogix has again upgraded their popular Versona Instant Messaging System by adding the capabilit