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Small Business News Roundup: 5/14/10

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Aside from the 2010 SBA National Small Business Week conference in Washington DC, there are several other hot stories in the small business world this week. They include the following:

  • Small Business Lobby Joins Challenge to Health Law: Dan Danner, president of the National Federation of Independent Business, has announced that the business lobby will join the federal lawsuit that challenges recent health care legislation. The suit was filed by 20 state attorney generals and governors throughout the country, but is based in Florida.
  • 3 Reasons Why Big Banks Loaned Less to Small Businesses: Daniel Indiviglio of The Atlantic shares his perspective on why lending to small businesses has been down despite hopes that the bank bailout would have just the opposite effect. Indiviglio maintains that high levels of risk, lesser demand, and banks being concerned more about their relationships with big firms are to blame, and, concludes Indiviglio, “it’s pretty hard to blame them.”
  • Will Free Microsoft Office Bring Small Businesses to the Cloud?: DailyFinance reports on Microsoft’s efforts to bring small businesses into the “cloud,” i.e., an online space to store important documents. Microsoft Office Web Apps will offer small businesses “free access to online versions of Word, Excel, PowerPoint and OneNote via a Windows Live account.” Whether small businesses will take the bait remains to be seen.
  • The Best Small Business Accounting Software: PC Mag shares its picks for six of the best software programs that small businesses can use for accounting purposes; those reviewed include the following: Peachtree, AccountEdge 2010 for Windows, Quickbooks Premiere Edition 2010, Freshbooks, Outright, and Quickbooks Online Plus.

Are you concerned about the effects of the new health care law on your small business? Are you seeing more or less difficult in securing lending? What new computer applications or programs are you using your small business?

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May 14th, 2010 at 11:25 am