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Small Business News Weekly Roundup: 10/22/10

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This week has been a busy one in small business news, so let’s dig right in:

  • Are Your Members of Congress Small Business Friendly?: The Small Business & Entrepreneurship Council (SBE Council) has compiled the Small Business Scorecard for the 11th Congress, which will tell you how your state representatives and senators have voted with regard to 27 key measures related to small businesses. As an important election approaches, this could be helpful information as you prepare to cast your vote. The report also includes information on which state delegations are the least and most small business friendly.
  • Small Businesses Prepare for Health-Care Changes: MSN Money reports on how small business owners are handling several provisions of health care reform that recently went into effect; insurance premiums will likely go up in 2011 for many small business owners, according to the National Federation of Independent Business.
  • Visa Gives $1 Million to Microlender: Aspiring entrepreneurs on the Gulf Coast recently received some good news: credit card company Visa has teamed up with Kiva.org and announced a pledge to provide $1 million in microloans for small businesses in the Gulf Coast region. It is hoped this new funding will breathe some life into small business growth in the area.
  • Find a niche for your small business and gain a competitive edge: Rhonda Adams advises small business owners to specialize and narrow down the targeted market in order achieve success. This USA Today article has lots of concrete, smart tips, so be sure to check it out if you’re struggling with how to make your business stand out among competitors.
  • Why Twitter Is a Big Win for Small Businesses: By now you know how important a role social media can play in small business growth, but this Mashable article provides the personal experiences of a few entrepreneurs who are using Twitter to their advantage. More great advice here as well.

What’s new in your small business world this week? Remember you can always let us know via Twitter @LegalZoom and Facebook as well!

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October 22nd, 2010 at 9:50 am