Small-business owners are adjusting their budgets to accommodate technologies that enhance operational efficiency, customer service and sales. Advances in computer, network and communications technology have revolutionized such areas as accounting, payment processing, marketing and communications, lowering overall costs and giving a competitive edge when applied.
Small-business lending is re-bounding, albeit at a cautious pace, after the big squeeze of 2008 and 2009 at the height of the economic recession. According to the U.S. Small Business Administration, commercial banks in 2010 began to ease the tight lending conditions they had imposed on small businesses when the economy began its downward slide early in 2007. Loans under $1 million, the ceiling of a typical small-business loan, totaled $695 billion in fiscal year 2009, ending Sept. 30, 2009, up from $687 billion in FY2007.
The Obama administration will award up to $1 billion to innovative projects that test creative ways to deliver high-quality medical care and save money. Launched on Nov. 14, by the Department of Health and Human Services and funded by the Affordable Care Act, the Health Care Innovation Challenge
With the Jan. 1, 2013, “readiness review” deadline approaching for state-based health insurance exchanges mandated by the Patient Protection and Affordable Care Act, local officials face a quagmire of legal and federal red tape to bring the exchanges to life.
The adage “A day late and a dollar short” may soon ring true for millions of New York metro-area small businesses and their employees if local legislators continue to drag their feet on implementing a key component of the Patient Protection and Affordable Care Act
The Executive Leadership Council, which helps to develop and groom African-American corporate leaders, celebrates its 25th anniversary this year. On the heels of the organization’s Black Women Manager’s Symposium in July, and as it prepares for its Annual Recognition Gala on Oct. 20, The Network Journal spoke with its president and CEO, Arnold W. Donald, about The ELC’s efforts to see a fair number of Blacks in the corporate executive pipeline.
Globalization, the “Great Recession” and increases in the cost of health care are among the most popular topics dominating U.S. headlines. It should come as no surprise, therefore, that these very issues also have a huge impact on the American workplace and the human resource professional.