A weekly roundup of small-business developments.
What’s inspiring me, my clients and other small-business owners this week.
The Economy: Housing Starts Soar
The longhorn marketplace competence be on shaky ground. Machine tool orders tumble 11 percent. Manufacturing slows in a New York region. But there is also good news: home prices, retail sales and factory output all rise, and housing starts (PDF) soar. Job seekers per opening tumble to a four-year low, and jobless claims are during a five-year low. Consumer prices rose usually 1.7 percent in 2012, and a producer cost index is down. Builder confidence binds steady. House Republicans determine to lift a debt ceiling. Here is a rundown of all a coming mercantile deadlines and their consequences. The hazard of sequestration looms over a production sector. Ben S. Bernanke wants Congress to get rid of a debt ceiling.
Facebook: A Busy Week
In a same week that Justin Timberlake helped deliver a new and softened MySpace, Facebook took on Google with a new graph search, introduced a free pursuit service for a iPhone and disrupted a server business. Here are five things Facebook’s new hunt duty means for business. Christopher Wallace believes that Facebook’s timeline creates compelling a business some-more effective. This is how two sisters used Facebook to get a puppy and @brettryland tweeted: “I waited 4 years for a Justin Timberlake song for this?”
Around a Country: Liberals Pay Extra
December’s home sales in Southern California were a tip in 3 years, that contingency meant California is back from a brink! Or is it? (And a state’s former administrator takes some time out to answer questions on Reddit.) A Michigan-based association encourages entrepreneurs to let all of their business frustrations (and joys) out into a universe by rival storytelling. A Utah tiny business that sells smoothies charges liberals a dollar extra. The owners of a machine shop in Ohio reveals his biggest mistake. These are a worst cities for bedbugs. The national influenza outbreak is inspiring tiny businesses. Startup New York is helping tiny businesses after Sandy, and New York City is enlivening a enlargement of businesses owned by women. FedEx announces a winners of a small-business extend competition. A turnaround consultant is looking for companies to fix for a new TV series.
Around a World: Japan Chooses Stimulus
The World Bank cuts a enlargement forecasts as grown nations remove steam. Euro section factory outlay falls, though Italian machine apparatus orders rose 3.5 percent in 2012. Britain is expected to drop from a world’s tip 10 economies by 2050. Germany’s economy shrinks. A third of Greek workers are uninsured for amicable confidence benefits. Paul Krugman admires Japan’s new impulse efforts. United Airlines is now charity Wi-Fi on some abroad flights. Some feel that a highway for a start-up in Africa can be like a video game: any time a actor slays a monster, a incomparable one appears. These are a smartest cities in a Asia-Pacific region, and these are a most soiled cities in any industrialized country. A workman outsources his pursuit to China and creates a profit.
Health Care: Premiums Rising
As 2014 approaches, some-more tiny businesses are worrying about surpassing a 50-employee limit. Health word premiums have been rising, and consumers competence knowledge another array of cost shocks after this year (and 18 human heads are found during O’Hare Airport). The Department of Health and Human Services publishes new rules on Medicaid enlargement and state exchanges. Support for Medicaid expansion is flourishing among governors of both parties. A Gallup check finds that American workers who are intent in their work and workplace are some-more expected to news a healthier lifestyle than their counterparts.
Management: A Party Boy Explains
Dan Smith wonders what we would do if someone tried to steal your success. A college celebration child explains how he built a company behind a Golden Globes (but no one can explain Jodie Foster’s speech). These are a 5 biggest Internet entrepreneurs of 2012. More than 60,000 people have sealed up for a Darden business propagandize professor’s giveaway online march on how to enhance a company. Matt Wilson believes that a good approach to get ahead is to turn a “university entrepreneur.” And The Onion reports that many tiny businesses fail within a initial 6 hours of being on fire.
Employees: Wal-Mart and Public Relations
Here is because some employers are paying employees to remove weight. Wal-Mart says that it will sinecure any troops veteran honorably liberated within a past 12 months (but is it only public relations?). Bank of America cuts 14,600 employees. This competence be a biggest penalty shot ever.
Finance: Looking for Sponsors
Mariah Courtney believes that factoring gives invoice financing a bad name. An online training company raises $103 million. A new online use hopes to assistance entrepreneurs connect with a subsequent generation of business leaders. Read this to remind yourself how prolonged we should keep your business documents.
Mobile: Are You Prepared for SoLoMo?
Galaxy S device sales top 100 million. Tablets now surpass smartphones in paid hunt promotion spending, and final month 11.3 billion online video ads were watched. A Pitney Bowes consult finds that 27 percent of consumers ages 18 to 34 contend they activate discerning response codes. Court Cunningham lists 10 trends to watch in local marketing and predicts that a series of tiny and midsize businesses with mobile sites will triple. A webinar this week will explain how to prepare your brand for today’s SoLoMo — social, local, mobile — environment.
Marketing: How to Manage Sales Executives
Rohit Bhargava receives a best birthday promotional e-mail ever. An Experian marketing survey finds that e-mail still generates trade and revenue. Joshua Lockhart has 10 good tips for traffic with angry, trollish or bold e-mail. Andy Crestodina says we should equivocate creation Web site navigation mistakes, like carrying a nonstandard style: “Putting your navigation in customary places creates your site easier to use. That means a reduce rebound rate, some-more pages per revisit and aloft conversions.” Josh Pigford explains how to write fun and engaging consult questions. Chris Keller suggests marketing methods for tiny businesses that have a best lapse on investment. Steve Reeves says a secret to handling sales executives is “not to bother.” An idea: mix a lapse of a National Hockey League with your possess promotional items. G.B. Oliver believes that including your business card is never a bad idea.
Social Media: S.M.O.?
Allison Stadd has a essential social media acronym glossary, including terms like S.M.O. (social media optimization). Farhad Manjoo is ardent about because we should never, ever use dual spaces after a period. This is how a tennis star John Isner aces amicable media. Mark Schaefer asks either everybody unequivocally needs a amicable media strategy. Monster.com and Score team up to yield a amicable media selling workshop. According to a latest amicable media statistics, approximately 172,000 new members join LinkedIn per day. Community forums are among a 7 viral selling tools Abel Velazquez says we competence not know about. What if businesses could rate customers a approach business rate businesses?
Retail: Google’s New Coupon
Retailers had an unexpectedly clever December, and many are remaking their store strategies. Google shows off a new digital banking product to take some of a pain out of regulating coupons in a grocery store. PayPal expands a retail store remuneration service. A Twitter clamp president tells retailers how to start on amicable media. Nathan Hanks suggests five ways to win when portion internal businesses, including: “Live among your customers.”
Red Tape: Home Office Deduction
While a pretend president used for a inaugural, a genuine boss took on a gun industry. These taxation loopholes slipped under a mercantile precipice radar. The Internal Revenue Service announces an discretionary $1,500 home bureau deduction in lieu of depreciation. A fan sues a San Antonio Spurs for resting tip players. The Small Business Administration announces changes in a constrictive program for tiny businesses owned by women and introduces an online marketplace that streamlines a supervision constrictive process for tiny businesses.
Technology: Rogue Clouds
Here’s a summation of what mattered to tiny businesses during a Consumer Electronics Show. PC sales slump, notwithstanding Microsoft’s Windows 8 release. Here are 3 some-more reasons businesses are sticking with Windows XP. “Phablets” are throwing on. CNET becomes embroiled in a scandal. Mathew Ingram considers ditching his changed iPhone: “the categorical captivate is a honesty of a ecosystem that Android takes advantage of.” This is what would occur if Jesus had an iPhone. Heather Clancy shares 8 options for taming small-business expenses. A new app can send self-destructing files to users that are only ideal for undoing a bad decision. A new Symantec tellurian consult reveals a surge in brute clouds and other dark costs.
Tweet of a Week
BREAKING: House GOP now refusing to lift debt roof unless Jodie Foster explains her debate from final night.
The Week’s Bests
Jon Ferrara explains how to build presence for truly amicable selling: “Identify those people and companies whose needs filigree with your strengths. Formalize connectors and continue to talk, listen and watch (and even keep an eye on your foe and accumulate a bit of intelligence!).”
Paul Morin says a clarity of purpose is generally critical during tough times: “Without a ‘why’ or clarity of purpose, it’s expected that regardless of how accurate and well-thought-out your goals competence be, we will find it tough to persevere toward achieving them, generally when a unavoidable tough times come along.”
This Week’s Question: Will Facebook’s new hunt capabilities assistance your business?