Nov 30

Microloans are type of financing programs specifically designed to help particular sectors of the society. According to Lendio, a lending consultancy firm operating online, sad that this financing model is created to help people with little or no income from developing countries to rise above the poverty level by providing them financial assistance to become entrepreneurs. In the United States, the Small Business Administration has launched its own Microloans program to provide financial aid as well as other forms of assistance to budding small business ventures.

In the general sense, microloans programs do not provide immediate financial relief and freedom to those who avail its benefits. Read full post…

Tags: Microloans, Microloans Slow

Nov 27

The holiday shopping season got off to a strong start on Black Friday, with retail sales up 7 percent over last year, according to the most recent survey. Now stores just have to keep buyers coming back without the promise of door-buster savings.

Buyers spent $11.4 billion at retail stores and malls, up nearly $1 billion from last year, according to a Saturday report from ShopperTrak. It was the largest amount ever spent on the day that marks the beginning of the holiday shopping season, and the biggest year-over-year increase since 2007. Chicago-based ShopperTrak gathers data from 25,000 outlets across the U.S., including individual stores and shopping centers.

The Mall of America in Bloomington, Minn. Read full post…

Tags: Last Year, Retail Sales, Year

Nov 24

It’s not often a company goes bankrupt and comes back from the dead as a better, smarter firm. Seems like companies are more often built on the rubble of previous ventures instead. The airport express security program CLEAR is a notable counterexample, with its database of Transportation Security Administration-approved biometrics that let them whisk you through the airport security lines.

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Nov 23

Department of Labour lays charges over fatal Onehunga gas explosion … More soon DONALD TRUMP: A keen promoter of everything from his real estate projects to board games, he spells out his net worth as billions of dollars more than Forbes.

What’s in a name? About US$3 billion ($4 billion), if you happen to spell it T-r-u-m-p.

Real estate mogul, reality television star and author Donald Trump estimates his net worth at US$7 billion in a forthcoming book.

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Tags: Trump, Trump Says

Nov 14

Enroll your Visa Business Card with the new Visa SavingsEdge program and your business can immediately take advantage of automatic discounts of up to 15 percent on business purchases. Participating merchants include Barnes & Noble, Days Inn, iContact, Sears PartsDirect and more. Visa SavingsEdge automatically processes discounts on small businesses’ qualifying purchases; businesses see the credit on their monthly statement. Y

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Tags: Visa, Visa Savingsedge

Nov 13

Publishing deadlines being what they are, I am filing this report from National Small Business Week in Washington, D.C. before the event has ended.

While it’s hard to argue that if anyone deserves to be feted in America, it’s us small business owners, it’s just as difficult to disagree with AllBusiness.com’s Editorial Director Fredric Paul’s point that, “Small businesses need more than a special week. We need the support of government, the patronage of customers, and a level playing field against larger competitors. And those needs don’t stop when the weekend comes.”

That said, the experience of being here at Small Business Week is a heady one.

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Tags: Business Week, Small Business, Small Business Week, Week

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