This week’s small business news roundup includes discussion of whether we’re in a small business recession, some hope for the future, an inspirational story involving pizza, and using crowdsourcing and social media in your enterprise. Here we go!
- Is this a small business recession?: Time asks this question on its blog, The Curious Capitalist, citing information that first-time unemployment claims are up and that in the fourth quarter of 2009, “61.8% of all net job losses came from firms with one to 49 employees. Considering that those firms only employ 29% of workers, that’s pretty remarkable.”
- Small Business Casts Hopeful Eye on Lending Bill: The Wall Street Journal offers hope that the small business lending bill in the Senate could get credit moving in the right direction for recovery. The bill has been held up for months because of discussions on unrelated matters, such as the estate tax, but Senate Majority Leader Harry Reid (D., Nev.) is hoping to get it through in September.
- The Proof is in the Pizza: From the White House blog, this post tells the story of Joe Fugere, owner of four Tutta Bella Neapolitan Pizzerias in and around Seattle. His business employs nearly 200 people, and is a good, inspirational story in these tough economic times. Tasty too!
- Crowdsourcing as a Small Business Strategy: Have you used crowdsourcing? Do you even know what it is? This article from Small Business Computing explains how you can use your clients’ or customers’ to help shape your brand and marketing techniques. Not surprisingly, social media plays a very important role in crowdsourcing, so if you’re not social media savvy yet . . .
- Social Media & Your Business: This handy guide from LegalZoom’s own B. Kaiser will get you started on the path to using social media effectively for your small business. Included are tips on being involved, tracking your progress, and promoting and growing your networks.
What’s new in your small business world this week?