Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Sales of small business climbed in 2011: The rate at which small companies exchanged hands rose 3.3 percent last year, with price per sale climbing the same amount over 2010, according to data from BizBuySell.com in San Francisco. The median revenue for small businesses sold last year also rose by 6.7 percent.
United States losing high-tech jobs to Asia: The United States lost more than a quarter of its high-tech manufacturing jobs during the past decade as multinational companies based here placed a growing percentage of their research-and-development operations overseas, according to the National Science Board. During those 10 years, R&D expenditures in China and nine other Asian countries have risen to match that of the United States.
Small businesses blame DC for economic standstill: An overwhelming majority (85 percent) of small business executives believe the economy is on the wrong track and 74 percent plan to either maintain or decrease their number of employees in the coming year, according to a new study by the U.S. Chamber of Commerce. Roughly the same amount (82 percent) would rather Washington “get out of the way” rather than lend “a helping hand” (10 percent) to small businesses.
Keep an eye ‘on’:
Content creators fighting for anti-piracy protection: Protests against a pair of anti-piracy bills grabbed the nation’s attention on Wednesday, but many independent artists and online content creators are busy arguing for the type of protections outlined in the legislation. Concerns over potential censorship powers, they say, doesn’t erase the fact that the need for stronger anti-piracy legislation remains.
Helpful advice ‘on’:
How to barter your way to business success (Entrepreneur)
How to build and manage a team (Small Business Trends)
How to secure development capital (Open Forum)
How to choose, claim and protect your firm’s name (SBA)