Archives: September 2009

Advanta Lawsuit Pending; Average Settlement: $131

Posted by: John Tozzi on September 30

Thanks to everyone for all your comments and stories about the settlement checks from Advanta. I confirmed that there is a lawsuit pending in California against Advanta over rate hikes,...

Startups, Innovation, and the Auto Industry

Posted by: John Tozzi on September 30

Maryann Keller argues in a column that the future of the auto industry won't come from entrepreneurial startups or from global consolidation of automakers. Here's her grim conclusion: [T]he future...

254,000 Jobs Lost in September, ADP Says, As Losses Slow

Posted by: John Tozzi on September 30

Will small and midsize service businesses lead the jobs recovery whenever it begins? That's one indication of the latest jobs report by payroll provider ADP released this morning. Private non-farm...

A Rescue Plan for CIT Group?

Posted by: Stacy Perman on September 29

On the heels of the announcement that the struggling CIT Group had extended the contract of its CEO Jeffrey Peek, comes news that the company (which has lost more than...

The Art and Business of Bookbinding Continues (sort of)

Posted by: Stacy Perman on September 29

To accompany my interview with Savile Row tailor Richard Anderson, earlier this month we offered up a slide show displaying 20 different industries like bespoke tailoring that have survived the...

Advanta Settlement Checks Arrive...With A Thud

Posted by: John Tozzi on September 28

Some Advanta cardholders are receiving checks from the company's $35 million settlement with the FDIC over steep rate hikes. A reader Deborah writes in a comment: My interest rate was...

Chase Debuts Small-Business Credit Cards; Advice Site Bizmore Launches

Posted by: Nick Leiber on September 24

It's been a busy week for marketers targeting business owners and aspiring entrepreneurs. Yesterday Chase debuted four new payment cards, including one that requires holders to pay off balances in...

Twitter: Far from a Flight of Fancy for Business

Posted by: Nick Leiber on September 22

This is a post by guest blogger Jonathan I. Ezor. 140: The Twitter Conference is taking place September 22 and 23rd at the Skirball Center in Los Angeles. Presented by...

Can Savile Row Survive the Times?

Posted by: Stacy Perman on September 22

Last week I spoke with Savile Row tailor Richard Anderson who had recently published his book: Bespoke: Savile Row Ripped and Smoothed, his insider account of the world of men’s...

Changes to the Baucus Health Care Bill That Impact Small Employers

Posted by: Nick Leiber on September 21

The AP reports the chairman of the Senate Finance Committee was revising his health care bill today. From the story: The changes came a day ahead of a committee session...

Baucus Health Care Bill Has Loosest Employer Mandate

Posted by: John Tozzi on September 16

The new health care reform proposal from the Senate Finance Committee places the lowest burden on employers of the three major bills out there now. From the Journal: The House...

Bill Gates's Asymmetric Approach To Risk

Posted by: John Tozzi on September 14

As a follow-up on our recent discussions of how entrepreneurs think about risk, I want to flag this book excerpt on Tim Ferriss's blog. In a new book called Leap,...

More Weed (Shops) Grow in Los Angeles

Posted by: Stacy Perman on September 11

Back in June, I wrote about the explosive growth of medical marijuana dispensaries in Los Angeles. What happened is the following: a legal loophole intended to limit the number of...

How Much Does a Franchise Earn on Average?

Posted by: Nick Leiber on September 11

This is a post by guest blogger Don Sniegowski. Although experts say that it is critical for franchise investors to understand average earnings for any outlet in a franchise system,...

Slow Money, Local Business, and Social Capital

Posted by: John Tozzi on September 10

Could slow money help your business? CNN Money has a good story by Helaine Olen today about local businesses raising money from their customers. It's an idea our own David...

Small Business Owners React to Obama's Health Care Speech

Posted by: John Tozzi on September 10

I want to hear what small business owners think of President Obama's speech on health care, and the state of reform as Congress resumes working on it. We'll try to...

Where Does Entrepreneurship Fit into Obama's Health Care Plan?

Posted by: Nick Leiber on September 10

This is a post by guest blogger Jeff Bussgang. President Obama's compelling health care speech last night made the case for acting now. In a follow-up email that he sent...

Coverage, Price, and Competition in the Small Group Health Insurance Market

Posted by: John Tozzi on September 08

Last week as I was researching this story about Utah's new health insurance exchange, I wandered into a trove health care data. Using Many Eyes, a free tool from IBM...

CEO Who Oversaw Loss of Billions At CIT Given New Contract

Posted by: Stacy Perman on September 06

Last July, to the astonishment of many, the CIT Group, a New York commercial lender that provides funding to some 1 million small and medium-sized businesses announced that it had...

Franchises Among Top Seven Overrated Investments

Posted by: Nick Leiber on September 04

This is a post by guest blogger Don Sniegowski, the founding editor of the daily franchise news site BlueMauMau. Fall is when many franchising firms crank up the volume to...

Demystifying Legalese in Contracts, Part IV: Indemnification

Posted by: Nick Leiber on September 03

This is a post by guest blogger Jonathan I. Ezor. The first blog in this series discussed how while some words do have legal weight, agreements should still be written...

A Success Story For the Dogs (and Cats)

Posted by: Stacy Perman on September 02

Four years ago I wrote about Denver-based Camp Bow Wow, a new and rapidly growing doggie day care business. At the time, when pet owners were buying kosher dog food...

298,000 Jobs Shed in August, ADP Says

Posted by: John Tozzi on September 02

Private non-farm employers cut 298,000 jobs in August, according to estimates by payroll company ADP, a figure that disappointed analysts' expectations but still showed a gradual easing of job losses....

Two Risk Profiles of Entrepreneurs

Posted by: John Tozzi on September 01

Following up on yesterday's post about how entrepreneurs approach risk, I spoke with Steve King today about two different types of small business owners with different risk profiles. On one...

About

What's it like to run your own company today? Entrepreneurs face multiple hurdles new and old, from raising capital and managing employees to keeping up with technology and competing in a global marketplace. In this blog, the Small Business channel's John Tozzi and Nick Leiber discuss the news, trends, and ideas that matter to small business owners. Follow them on Twitter @newentrepreneur.

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