Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Sequestration threatening on several levels: Should policy makers fail to steer clear of automatic spending cuts scheduled for March 1, it would certainly mean fewer contracts available to small firms. But it could also hit small business lending.
Retail sales grow in January: Sales rose by 0.1 percent in January, according to the Department of Commerce — the strongest gains were in general merchandise and department stores which both rose more than one percent.
Keep an eye ‘on’:
Some small businesses don’t want SBA loans: One small business owner in New York decided the Small Business Administration’s loans for Hurricane Sandy victims were too expensive because of the accompanying insurance policy.
Helpful advice ‘on’:
How to find investors for your start-up ( The Daily Muse )
How to fire the right people (Forbes)
How to transition after selling your small business (Inc)