Our daily blend of the latest news, trends and tips for the small business community.
What’s going on:
Small business borrowing rebounds: Borrowing by U.S. small businesses jumped in October and was revised up for September, according to the latest survey from Thomson Reuters and PayNet.
Business owners warn against entitlement cuts: With the fiscal cliff less than a month away, some small employers say tax disputes are overshadowing a bigger threat to their firms – entitlement cuts.
Employment inches up at small firms: Small business employment, hours and compensation all increased in November, according to new data from Intuit. Maryland and Utah reported the largest job gains.
Keep an eye ‘on’:
Small firms paying lower wages: The wage gap between large employers and small businesses is growing, as is the one between new and old companies, which may make it tough for small firms to compete.
Helpful advice ‘on’:
How to better evaluate your employees (Huff Post)
How to save on taxes before the year ends (CSM)
How to create your own infographics (Entrepreneur)
How to save money with leaner operations(Intuit)