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Small Business News Roundup: 5/7/10

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Are you ready to read about what’s going on this week in small business news? Let’s get started:

  • Oil spill prompts CFO to offer small business disaster advice: Is your business located on the southeastern coast? If so, pay special attention to the advice given by Florida CFO Alex Sink on how you can best minimize your losses. The tips are geared toward those in the hospitality industry, but the advice is good for any business whose area has experienced an environmental or natural disaster.
  • Citi has $200 million fund for small business lending: Reuters reports some good news for small businesses located in low income communities in the U.S. Citigroup is teaming up with Calvert Foundation and Opportunity Finance Network (OFN) to provide $200 million in funding to encourage community development through small business. There was no further information on what qualifies as “low income” or where these communities might be located, but stay tuned for updates if there are any!
  • 5 Ways to Use an iPad for Small Business: If you’re curious as to what the latest Apple gadget can do for you and your small business, Gerry Blackwell of SmallBusinessComputing.com has some answers for you. Blackwell is clear that the iPad isn’t necessarily for every kind of small business, but if you think it could be a good fit for yours, check out exactly how the iPad could make your business more effective and possibly more profitable.
  • Small business owners consider vacations again: Well this is good news for small business owners, isn’t it? The Washington Post reports on some small business owners who seem to be seeing a light at the end of the recession tunnel — and who are looking forward to some time away from work and stress to recharge their entrepreneurial batteries.

Are you thinking about vacation this year? Are you looking at getting iPads for your employees? What’s new in your small business world this week?

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May 7th, 2010 at 10:44 am