Posts

Sales Tax Publications

I find this list useful because it addresses the requirements of specific industries, as well as general information such as what new businesses need to know. Some examples: Veterinarians, Hotel and Motel Operators, Drugstores and Pharmacies, Broadcasters, the Film Industry, Snowmobile Dealers, Manufacturers, Exempt Organizations, and Residential Energy Sources and Services, the latter updated as of September 1, 2010.

Demographics of Hispanics

I read an interesting article the other day in Advertising Age. Hispanic Market Hits Tipping Point provides important information on the Hispanic Market and how businesses should market their products and services to Hispanics. "The market is growing: The 2010 Census expected to count a record 50 million Hispanics, or one in every six U.S. residents, meaning the Hispanic population will have increased a stunning 42% from the previous census in 2000. (By comparison, the non-Hispanic population will have edged up just 5% in that decade.) It's also got scale: Hispanics are now the nation's second-largest consumer market after white non-Hispanics, who are still the largest group at about 200 million." "But perhaps the most remarkable aspect of Hispanics in America is how closely they exemplify our idealized concept of 1950s America. They are young (their median age is about where the whole nation was in 1955) and more often live in large, traditional, married-with-

A Longitudinal Analysis of Early Self-employment

From the SBA Office of Advocacy: The purpose of this research is to provide policy-relevant analysis of the characteristics and career paths of those Americans who have chosen self- employment. Specifically, the study uses the National Longitudinal Surveys of Youth to provide new empirical findings regarding the dynamics of self- employment and documents generational changes in self-employment patterns in early adult work life between two cohorts born in the second half of the 20th century. The key finding is that early exposure to self-employment increases individuals’ engagement in self-employment during the early- and mid-career years. There is a strong positive link between an indicator of self- employment during ages 20-22 and the self-employment outcome measures in ages 22-41. A copy of the report is located HERE and the research summary can be found HERE . Should you need further information, please feel free to contact Ying Lowrey at (202) 205-6533 or advocacy@sba.gov.

Finding Same-Sex Couple Statistics

It has been written that the Census Bureau has no data on same-sex couples; this is incorrect. Go to Families and Living Arrangements and scroll near the bottom. Not only will one find tables, one will discover a couple working papers that describe the political and statistical challenges about gathering such information. Gay marriage is a particularly complicated statistical issue. Also, on American Factfinder, look for Table B11009. UNMARRIED-PARTNER HOUSEHOLDS BY SEX OF PARTNER in the American Community Survey. There's a UCLA professor named Gary Gates , who has put together some statistics based on 2000 Census data and other sources, including the Gay and Lesbian Atlas.

Business Plans and Profiles Index

The Business Plans and Profiles Index provided by the Carnegie Library of Pittsburgh lists types of small businesses and a corresponding sample business plan, profile or book about the business with sources provided after each entry. Entries that refer to actual sample plans are in bold print. If the plan or profile is online, a link is provided. This is one source I use quite frequently and I highly recommend it.

Gender and Establishment Dynamics

This report examines the gender characteristics and business dynamics of establishments that were in operation as of 2002 for the 2002-2006 period. This paper is the first to report matching data from the 2002 Survey of Business Owners (SBO) and the 1989-2006 Business Information Tracking Series (BITS) in an Advocacy publication series. The series focuses on business dynamics by gender, race/ethnicity, and business type (publicly held vs. non-publicly held businesses). Business owners’ gender, race or ethnic characteristics can be identified only for non-publicly held enterprises. Employer establishments—establishments with paid employees—owned by women had higher closure rates and lower contraction rates than those owned by men or owned equally by men and women over the 2002-2006 period. The average four-year survival rate for all 2002 employer establishments was 70 percent; for female-owned, 66 percent; for male-owned, 72 percent; and for male and female equally owned, 69 percent. I

Bureau of Labor Statistics

The Bureau of Labor Statistics provides access to a variety of useful statistics, but there are two publications that I find particularly useful while doing research. Occupational Outlook Handbook 2010-2011 - The Handbook is a nationally recognized source of career information for hundreds of different types of jobs, designed to provide valuable assistance to individuals making decisions about their future work lives. Revised every two years, the Outlooks include: Nature of the Work Training, Other Qualifications, and Advancement Employment Job Outlook Projections Data Earnings Related Occupations Sources of Additional Information Career Guide to Industries 2010-2011 - The Guide is a companion to the Occupational Outlook Handbook, providing information at the industry level, for dozens of different kinds of industries. Categories for each industry include: Nature of the Industry Working Conditions Employment Occupations in the Industry Training and Advancement Outlook Earnings Sou

Procurement 101

Many programs that are less than $25,000 are listed at FedBizOpps ; ones over $25K MUST be, but smaller ones are not prohibited. One should sign up with the Central Contractor Registration (CCR) and the SBA , as it says here . Beyond that, creating a relationship with the particular department is a good idea.

Tax Tips for New Business Owners

The Business Owner's Toolkit - Total Know-How for Small Business is a useful website that provides guides, tips, and pertinent information for small business owners. This week, I received an email about an article on Tax Tips for New Business Owners . Based on the a checklist from the IRS, the article provides information on common tax issues that all new business owners must address, including: Choice of Business Entity Tax Obligations Employer Identification Number Recordkeeping Accounting Period Accounting Method

Holiday

So, you want to know, for business or cultural reasons, what holidays are celebrated in various countries. Here are some suggestions: Time and Date lets you choose a date until 2015 and choose the country. CountryReports is also useful. Though you need to scroll through the months to see the holidays, you can choose a country or region. My favorite may be Earth Calendar , a "daybook of holidays and celebrations around the world. For the purpose of this web site a 'holiday' is any day that recognizes a cultural event, and not necessarily a day when businesses are closed. *** Madonna - Holiday The Bee Gees- Holiday

Stats about all US Cities

City-Data.com is a useful website that has collected and analyzed data from numerous sources to create as complete and interesting profiles of all U.S. cities as possible. The website has over 74,000 city photos not found anywhere else, graphs of latest real estate prices and sales trends, recent home sales, home value estimator, hundreds of thousands of maps, satellite photos, stats about residents (race, income, ancestries, education, employment...), geographical data, state profiles, crime data, registered sex offenders, cost of living, housing, religions, businesses, local news links based on their exclusive technology, birthplaces of famous people, political contributions, city government finances and employment, weather, tornadoes, earthquakes, hospitals, schools, libraries, houses, airports, radio and TV stations, zip codes, area codes, air pollution, latest unemployment data, time zones, water systems and their health and monitoring violations, comparisons to averages, local

The WorkingPoint Blog

I've been checking out the blog put out by WorkingPoint , an "online, small business solution." They have been putting out some interesting articles such as Essential Ingredients for Small Business Success and 19 Ways to Drive a Steady Stream of Traffic to Your Website . It's fun site - periodically, you'll come across the Botpreneur, who is ready for (business) action. WorkingPoint offers free invoicing, bill & expense management and bookkeeping, with additional services for $10 per month. This article explains that the founders of WorkingPoint "worked for Intuit and were behind the creation of QuickBooks and Quicken. They believed Quickbooks had become too complicated and that the small business software segment was ripe for SaaS-based innovation."

Industry Snapshots from the Economic Census

When I am assisting a business with start-up information, I find that industry statistics are particularly helpful. A wonderful source for industry statistics is the Economic Census. A useful information tool available from the Economic Census are Industry Snapshots . 2007 data is available for the majority of 6-digit NAICS codes and snapshots can be obtained for 3, 4, and 5-digit codes as well. Each snapshot provides comparisons between the current census and the previous one. Maps of the United States divided by state are provided that show various industry statistics, including sales per capita, number of establishments, payroll per employee, etc. There is an option titled "Compare YOUR Business" that compares a single business to national averages. And a "Did You Know" feature provides interesting factoids on the Industry. All in all, this is a useful AND interesting tool from the U.S. Census.

Heath Brothers

The authors of Made to Stick: Why Some Ideas Survive and Other Die and Switch: How to Change Things When Change is Hard have made some related resources available on their website heathbrothers.com . Free with registration, the tools available here are probably most useful if you have read the corresponding book(s), but are helpful even without that additional context. There is a framework and first chapter available for each title, plus a podcast series, a guide for creating successful (“sticky”) presentations, and more. (Tip o the hat to hillsearch.org)

The ADA Turns 20

Image
The US Department is celebrating the 20th anniversary of the passage of the Americans with Disabilities Act this week. I find this to be exciting; at the same time, it seems as though some people seem to find ADA difficult and punitive. While I'm sure that one can find bad outcomes of good intentions in any bureaucracy, the core message of the Act is to make goods and services more accessible to a population that is nearly one in five Americans, and growing. As the Reaching Out to Customers with Disabilities section indicates that "The ADA asks public accommodations to take steps that are 'readily achievable' or are 'reasonable' or that do not constitute an 'undue burden' to enable people with disabilities to be their customers and clients." I was at a business conference a few years ago, and a representative laid out some examples about how a business could become more customer friendly. A dry cleaner had a three-step walk up to the entrance. No

The SBA is Redesigning SBA.gov

The SBA is conducting a complete overhaul of its website to make it easier for small business owners to find the information they need. The agency recently launched “The NEXT SBA.gov," a transition site dedicated to sharing its redesign progress with employees, small business owners, agency partners and other agency stakeholders. You can find the site at www.sba.gov/NEXT . The site includes a link to Frequently Asked Questions which provide more details about goals of the redesign. Feel free to submit comments and suggestions using the “What Do You Think?” box at the bottom of the site.

SBA Podcasts to Help Small Businesses Break into the Global Market

SBA is now offering a new set of three export-oriented podcasts offering valuable information on issues and challenges small business exporters may find when dealing with specific countries. The podcasts, featuring interviews with business representatives from Uganda, Cameroon and Bahrain, are part of a comprehensive effort by SBA to promote and support the President’s National Export Initiative. The interviews focus on what U.S. companies can expect when exporting to those countries and provide information relevant to their respective business and import environments... The podcasts on Uganda and Cameroon include interviews with two women business owners who are members of the African Women’s Business Network, an organization that supports a network of businesswomen’s organizations in Africa. The podcast on Bahrain features an interview with an official of the Bahrain Chamber of Commerce. The podcasts are available online and include transcripts. They provide valuable information

StepByStepMarketing

StepByStepMarketing is, according to its website, "an Internet-centric resource for owners and managers of growing and emerging businesses – entrepreneurs and established businesses alike – designed to keep you on top of the latest trends in brand building, marketing, sales, and customer service and relationship building. To help you build profits, take your business to the next level, and gain competitive edge, StepByStepMarketing.com provides you tips, tools, and techniques in a methodical, how-to, step-by-step way that is easy-to-understand and quick and simple to implement." The site offers daily tips such as how to improve the results of your marketing and tips for retaining lasting customer loyalty . The site also offers several free reports .

Doing Business in...

For a summary of what doing business is like in various countries, have a look at the Doing Business project . These reports focus on a select number of topics relating to starting a business including permits, taxes and enforcing contracts for small and medium sized companies.

Directory of Social Enterprises

"Social enterprise" is the new buzzword within both the nonprofit and for-profit world, encompassing an organization or individual who wish to do well while doing good – that is, achieving the "triple bottom line" of people, planet, profit (that is, having social, environmental, and economic goals). Presented in partnership with Community Wealth Ventures and the Social Enterprise Alliance, this is a free, searchable directory of nonprofit social enterprises . Search by keyword, type of organization (think interest/activity area), budget, type of venture, legal status, and/or state. Your search results typically include basic contact information, stated mission, and any specific enterprise or partner venture(s).