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Posted at 06:30 AM ET, 08/01/2012

Get started: Congress nears deal to avoid shutdown, small business employment improves only slightly

Our daily blend of the latest news, trends and tips for the small business community.

What’s going ‘on’:

Congress nears deal to avoid shutdown: House and Senate lawmakers from both sides of the aisle have nearly settled on a short-term spending deal that would steer the government clear of a potential shutdown just before the election. Congressional aides suggested the deal could be announced as early as Tuesday.

Small business employment edges higher: Employment at small firms increased by a modest 0.17 percent (representing 35,000 new jobs) last month, but hours worked and average revenue continued to decline, according to the latest data from Intuit.

Keep an eye ‘on’:

Federal Reserve contemplating action: The Federal Reserve appears to be leaning toward taking new action to stimulate hiring and kickstart the yet sluggish economic recovery; however, some economists say the move won’t necessarily come immediately after this week’s meeting.

Helpful advice ‘on’:

How to hire a legitimate social media expert (OSB)

How to know if you’re paying yourself enough (Inc.)

How to decide whether to enter an incubator (B2C)

How to coach your employees to greatness (Entrepreneur)

By  |  06:30 AM ET, 08/01/2012

Tags:  small business, get started on

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