Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Obama asks for help identifying onerous regulations: The White House is asking businesses of all sizes to help government officials determine which federal regualtions are causing the most problems. Business owners can visit a new “Advise the Advisor” page to provide feedback and suggestions concerning specific regulations.
Unemployment claims surge: The number of Americans seeking unemployment benefits increased from seasonally adjusted 352,000 to 386,000, according to the latest figures from the Labor Department. The gain followed a substantial drop of 24,000 the previous week and marks the biggest jump since April 2011.
Georgia tops in women’s entrepreneurship growth: Georgia has nearly doubled its number of women-owned businesses in the past decade and a half, leading in female entrepreneurship growth nationwide, according to data from American Express OPEN. Overall, women-owned firms increased 50 percent over that period.
Keep an eye ‘on’:
Maintaining top tax rates would cost $80 billion:Republicans’ plan to extend tax cuts for the wealthy would cost about $80 billion more than Democrats’ proposal to extend them only for families making annually less than $250,000, according to official estimates published Thursday. Reducing the estate and gift tax would eat up another $31 billion.
Groupon testing small business card services: The daily deals juggernaut plans to experiment with a new small business credit card processing tool, according to several reports. The service would ideally enable merchants to merge voucher transactions with other payments, thus reducing accounting and terminal costs.
Helpful advice ‘on’:
How to land some extra contracting dollars (OSB)
How to find your state’s small business lenders (SBA)
How to find some business inspiration (The Street)
How to maximize your start-up budget (Upstart)
How to inspire your virtual start-up team (The YEC)
How to manage business during a crisis (Entrepreneur)