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Posted at 05:00 AM ET, 01/31/2012

Get started ‘On’ Jan. 31: Small business hiring slows, banks remain hesitant to loan

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

What’s going ‘on’:

Small business hiring slowed in January as employers added only a modest 50,000 jobs at small firms. (Charlie Riedel - AP)
Small business hiring slowed to start the year: The growth of small business payrolls slowed over the past month as employers added a modest 50,000 jobs in January after adding 60,000 in December, according to the latest report from Intuit. The federal government’s more comprehensive employment report will be released on Friday and analysts expect it to show nonfarm payrolls increased during the first month of the year by 150,000 jobs.

Banks remain cautious to lend: American banks kept credit tight in the waning months of 2011 despite an increase in loan demand, according to the Federal Reserve’s quarterly survey. More than half of banks that lend to European banks have also tightened their standards in response to the persistent European debt crisis.

Keep an eye ‘on’:

Boehner confident on payroll tax holiday extension: House Speaker John Boehner says he remains confident that lawmakers on both sides of the aisle will soon agree to a payroll tax-cut extension supported by President Obama. A temporary extension of the tax holiday will expire at the end of next month, but the president hopes to have it extended until the end of 2012.

Kauffman jumps into the Super Bowl fray: The Kauffman Foundation will run a 30-second Super Bowl commercial next month to encourage entrepreneurship and direct viewers to a site aimed at sparking new business ideas. The group released the full video clip on Monday and will run the commercial in four major markets across the country during the game on February 5.

Helpful advice ‘on’:

How to tailor content for each social media channel (OSB)

How to choose a business forecasting model (Open Forum)

How entrepreneurs can build a solid retirement plan (Inc.)

How to design the ideal business card for your start-up (Portfolio)

How to balance SEO and branding in marketing (Entrepreneur)

By  |  05:00 AM ET, 01/31/2012

Tags:  small business, get started on

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