Our daily blend of the latest news, trends and tips for the small business community.
What’s going on:
Hackers increasingly targeting small business: During the first half of the year, more than one of three cyber attacks targeted businesses with fewer than 250 employees, doubling the percentage from the previous six months, according to a new report from Symantec.
Olympics falling short of economic promise: The Olympic games have brought much attention but little extra spending to London’s local businesses, according to several store owners who expected a boost but instead say sales have actually declined this summer.
Romney grappling with tax scrutiny: Even without revealing the source of his information, Senate Majority Leader Harry Reid’s (D-Nev.) claim that Mitt Romney hasn’t paid taxes for a decade continues to cause serious problems for the Republican challenger’s campaign.
Keep an eye on:
Sequestration could wreak havoc on several levels: The threat of sweeping cuts to government spending could cost the economy millions of jobs, a disproportionate number of them likely erased in and around Washington, according to the president of the Professional Services Council. Despite the air of uncertainty, there are several steps government services firms can take to prepare right now.
Helpful advice on:
How to develop your pricing strategy (Entrepreneur)
How to avoid a small business audit (Fox Business)
How to manage your remote workers (Startup Nation)
How to get the most out of online ads (Open Forum)
How to build a business support system (The YEC)