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

What’s going ‘on’:


The Defense Department wants to increase spending on workers by 14 percent this year. (KEVIN LAMARQUE/REUTERS)

Pentagon aims to add auditors, crack down on contracting: The Defense Department wants to add as many as 1,612 employees to oversee and audit contracts next year even as it plans for a 5 percent cut in the U.S. military’s budget. Spending on the workers would rise 14 percent, to $1.9 billion, in fiscal 2013, from $1.7 billion a year earlier.

Keep an eye ‘on’:

Apple’s smartphone lead in jeopardy: The global market leader in smartphones is enjoying record profits and sales, but the mobile computing industry it conquered is changing rapidly, and not even Apple’s trend-setting image appears guaranteed. Th company’s main rivals — Samsung, HTC and ZTE — are making smartphones for much less, and the iPhone is becoming ubiquitous, threatening its cachet.

Helpful advice ‘on’:

How to know when to close the business (OSB)

How body language works at work (Capital Business)

How a tablet could boost business (Small Biz Trends)

How to become a great business networker (Business Journals)

How to track a firm’s profits and losses (Entrepreneur)