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small biz news

Run a Small Business and Win a Prize!

by BizSteps on November 9, 2009

There isn’t much glory to running a small business. Day after day, you market, sell, hire, fire, economize, mentor, purchase, envision, order, organize, plan, and pay the bills. And nobody notices.

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With the filing of a Chapter 11 bankruptcy reorganization  petition late last week, the parent company of giant small-business lender CIT is hoping for a speedy trip through bankruptcy court. Small businesses that need loans, however, face a more uncertain future

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Tomorrow’s Living-Wage Jobs

by on October 30, 2009

Last night I was watching the HBO documentary Schmatta: Rags to Riches to Rags , which chronicles how Jewish and Italian immigrants created the New York garment district soon after the turn of last century, and built it into the largest employer in the city. It goes on to show how, after more than 70 years of being a thriving source of good-paying union jobs, it all disappeared as trade protections ended and  NAFTA  ushered in a new era of global free trade. The film repeatedly asks the questions: How will we rebuild the American middle class? Where will tomorrow’s living-wage jobs come from

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