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Maria Contreras-Sweet is new SBA Administrator

Research Network Blog of NYS SBDC - April 19, 2014 - 10:57am
This month, Maria Contreras-Sweet joined SBA as the next Administrator. Learn more about this champion for American entrepreneurs who understands what it means to start a small business, and who has a proven track record of helping other small businesses succeed.
Categories: News from others

Top 5 Small Business Administration Resources for Veterans

Research Network Blog of NYS SBDC - April 18, 2014 - 9:05am
These U.S. Small Business Administration resource partners have almost 1,500 locations across the United States, Guam, and Puerto Rico to help veterans who want to start their own business or grow an existing business. All partners can advise veterans on small business loans and provide training and support on a wide variety of challenges small business owners face, from access to capital to marketing.

They include Small Business Development Centers (SBDCs), which provide a vast array of technical assistance to small businesses and aspiring entrepreneurs. SBDCs foster local and regional economic development through job creation and retention. SBDC clients receive free, extensive, one-on-one, long-term professional business advising, low-cost training and other specialized services.

More information from SBA.
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Reference for Business: Encyclopedia of Business, 2nd ed.

Research Network Blog of NYS SBDC - April 17, 2014 - 9:58am
"The Encyclopedia of Small Business is a comprehensive and easily accessible reference source for entrepreneurs that demand practical information that can be applied to their own business. Small business owners can browse over the 600 articles that detail information about financial planning, market analysis, sales, business plans, tax planning, human resource issues and more.

"The Business Biographies are a superb tool for biographical information of industry leaders worldwide. We have over 600 in-depth essays that cover each individual's biographical information, career paths, achievements, leadership strategies and management styles.

"The Business Plans section is composed of actual business plans written by entrepreneurs in North America who are seeking financing for their business. This is a great resource for anybody needing examples on how to structure, compose, and write their own business plans.

"Finally, the Encyclopedia of American Industries is a comprehensive guide to industries in every realm of American business. We cover 459 manufacturing industries, and have over 500 essays about non-manufacturing and service industries."

The bad news about this source is that the latter three sections are quite dated, c. 2002.

The good news is that the articles are largely still general enough to be applicable. And the histories are still interesting, up to when they end.

Categories: News from others

The Impact of New Technology in the Workplace

Research Network Blog of NYS SBDC - April 16, 2014 - 12:00pm
The continuous growth of new technology available for the workplace presents an atmosphere of rapid change that will not slow down any time soon in the near future. Numerous businesses have experienced the process of implementing new technologies and the various issues that creep up, from an overall lack of employee acceptance to unexpected minor malfunctions. The caveat is, despite some of the nuances, new technologies are necessary for a business to remain competitive, relevant, and increase profit margins.
The proper and efficient use of new technology in the workplace is crucial. The younger generations beginning to enter the workforce are tech savvy and widely accept the evolving nature of technology, but all employees need to be on board for a technological implementation to be successful and beneficial. One way of doing this is to provide plenty of training, specific for various departments if necessary, and during and after training to disperse an employee evaluations survey of how effective the training is and thoughts about the new implementations.
When implementing new technology, you require as many people on your team as possible. Technical difficulties can be avoided if you have a team or Agent to work with you during the implementations process. To learn more about the advantages of implementing technology into the workplace, read The Impact of New Technology in the Workplace
Categories: News from others

SBA Announces National Small Business Week

Research Network Blog of NYS SBDC - April 15, 2014 - 12:14pm
WASHINGTON – Aspiring entrepreneurs, small business owners and others are invited to attend the U.S. Small Business Administration’s National Small Business Week events held May 12-16, 2014.
Every year since 1963, the U.S. Small Business Administration takes the opportunity to highlight the impact of outstanding entrepreneurs, small business owners, and others from across the nation through National Small Business Week. This year, events will take place across the country to engage the small business community and highlight their importance as innovators and job creators who strengthen the nation’s economy.
Activities will include forums and panels discussing trends in small business, business innovation, financing, growth, matchmaking events, as well as networking opportunities and award ceremonies. National Small Business Week will culminate in Washington, D.C., where the 2014 National Small Business Person of the Year will be named. Candidates from all 50 states, the District of Columbia, Guam and Puerto Rico will be competing for the award. Small business owners and their employees who attend will interact with federal government officials, local elected leaders, representatives from national businesses and other small business experts.

The cities and dates for National Small Business Week are as follows:
• San Francisco – May 12
• Kansas City – May 13
• Boston and Washington, D.C. – May 15
• Washington, D.C. – May 16

Throughout the week there will also be webinars and other live events. Interested individuals can register online at where additional information on National Small Business Week events will be made available. There will be a separate registration site for the San Francisco event; additional details will be provided at a later date. Events will also be live-streamed on SBA’s website at
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Keeping Up With Labor Market Changes: The Bureau of Labor Statistics

Research Network Blog of NYS SBDC - April 14, 2014 - 12:00pm
Everyone deserves the opportunity to have an occupation that provides a decent standard of living. Increasingly, earning a middle class income requires that workers have a post-secondary credential and regularly upgrade their skills. The recession accelerated this occupational transformation.  For the nation’s economic well-being, workers and their communities need to adjust to the new realities of the labor market. However, evidence suggests a growing mismatch between worker capabilities and employer needs. Left unchecked, this gap will impair the economic health of the nation and its workforce.
To address this issue, U.S. labor markets require access to current, accurate, detailed statistics. Labor market participants—individuals, educators, and employers—and policymakers at all levels of government need good data to make informed choices about, for example, career paths, training programs, hiring, and public investments. At present, however, labor market participants and policymakers do not have the statistics they need.
The Bureau of Labor Statistics (BLS) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. It is responsible for measuring labor market activity, working conditions, and price changes in the economy. The BLS is an independent national statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor. The BLS also serves as a statistical resource to the Department of Labor.
BLS data satisfies a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today’s rapidly changing economic conditions, accuracy and consistently high statistical quality, and impartiality in both subject matter and presentation. For more information on BLS or labor market activities, please visit
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New Data Show Signs of Improvement in Small Business Lending

Research Network Blog of NYS SBDC - April 12, 2014 - 11:50pm
Data for the fourth quarter of 2013 show signs of improvement in small business lending. For the first time in fifteen consecutive quarters, both the value and volume of small business loans increased simultaneously—by 0.4 percent and 1.1 percent respectively. For details, see the Office of Advocacy’s Quarterly Lending Bulletin.
Categories: News from others

December 31, 1969 - 8:00pm