Tuesday, August 31, 2010

Sales Tax Publications

I find this list useful because it addresses the requirements of specific industries, as well as general information such as what new businesses need to know. Some examples: Veterinarians, Hotel and Motel Operators, Drugstores and Pharmacies, Broadcasters, the Film Industry, Snowmobile Dealers, Manufacturers, Exempt Organizations, and Residential Energy Sources and Services, the latter updated as of September 1, 2010.

Friday, August 27, 2010

Demographics of Hispanics

I read an interesting article the other day in Advertising Age. Hispanic Market Hits Tipping Point provides important information on the Hispanic Market and how businesses should market their products and services to Hispanics.

"The market is growing: The 2010 Census expected to count a record 50 million Hispanics, or one in every six U.S. residents, meaning the Hispanic population will have increased a stunning 42% from the previous census in 2000. (By comparison, the non-Hispanic population will have edged up just 5% in that decade.) It's also got scale: Hispanics are now the nation's second-largest consumer market after white non-Hispanics, who are still the largest group at about 200 million."

"But perhaps the most remarkable aspect of Hispanics in America is how closely they exemplify our idealized concept of 1950s America. They are young (their median age is about where the whole nation was in 1955) and more often live in large, traditional, married-with-children families with lots of participation from grandparents."

Also from Advertising Age, the Hispanic Fact Pack 2010 can be purchased and includes data on marketers, advertisers, media, demographics and agencies in the U.S. Hispanic market. For more information, you can also check out Hispanic Market Weekly or the blog ahorre.com - ahorre tiempo y dinero.

A Longitudinal Analysis of Early Self-employment

From the SBA Office of Advocacy:

The purpose of this research is to provide policy-relevant analysis of the characteristics and career paths of those Americans who have chosen self- employment. Specifically, the study uses the National Longitudinal Surveys of Youth to provide new empirical findings regarding the dynamics of self- employment and documents generational changes in self-employment patterns in early adult work life between two cohorts born in the second half of the 20th century. The key finding is that early exposure to self-employment increases individuals’ engagement in self-employment during the early- and mid-career years. There is a strong positive link between an indicator of self- employment during ages 20-22 and the self-employment outcome measures in ages 22-41.

A copy of the report is located HERE and the research summary can be found HERE.

Should you need further information, please feel free to contact Ying Lowrey at (202) 205-6533 or advocacy@sba.gov.

Tuesday, August 24, 2010

Finding Same-Sex Couple Statistics

It has been written that the Census Bureau has no data on same-sex couples; this is incorrect. Go to Families and Living Arrangements and scroll near the bottom. Not only will one find tables, one will discover a couple working papers that describe the political and statistical challenges about gathering such information. Gay marriage is a particularly complicated statistical issue.

Also, on American Factfinder, look for Table B11009. UNMARRIED-PARTNER HOUSEHOLDS BY SEX OF PARTNER in the American Community Survey.

There's a UCLA professor named Gary Gates, who has put together some statistics based on 2000 Census data and other sources, including the Gay and Lesbian Atlas.

Friday, August 20, 2010

Business Plans and Profiles Index

The Business Plans and Profiles Index provided by the Carnegie Library of Pittsburgh lists types of small businesses and a corresponding sample business plan, profile or book about the business with sources provided after each entry. Entries that refer to actual sample plans are in bold print. If the plan or profile is online, a link is provided. This is one source I use quite frequently and I highly recommend it.

Tuesday, August 17, 2010

Gender and Establishment Dynamics

This report examines the gender characteristics and business dynamics of establishments that were in operation as of 2002 for the 2002-2006 period.

This paper is the first to report matching data from the 2002 Survey of Business Owners (SBO) and the 1989-2006 Business Information Tracking Series (BITS) in an Advocacy publication series. The series focuses on business dynamics by gender, race/ethnicity, and business type (publicly held vs. non-publicly held businesses). Business owners’ gender, race or ethnic characteristics can be identified only for non-publicly held enterprises.

Employer establishments—establishments with paid employees—owned by women had higher closure rates and lower contraction rates than those owned by men or owned equally by men and women over the 2002-2006 period. The average four-year survival rate for all 2002 employer establishments was 70 percent; for female-owned, 66 percent; for male-owned, 72 percent; and for male and female equally owned, 69 percent. It is important to note that business births are not included in this data base since it focuses on the group of establishments that were already in existence in 2002. For related reasons, “survival rates” here cannot be compared with the survival rates of startup firms, since firms of all ages are included in the database.

The research summary can be found here.

Should you need further information, please feel free to contact Ying Lowrey at (202) 205-6533 or advocacy@sba.gov.

Friday, August 13, 2010

Bureau of Labor Statistics

The Bureau of Labor Statistics provides access to a variety of useful statistics, but there are two publications that I find particularly useful while doing research.

Occupational Outlook Handbook 2010-2011 - The Handbook is a nationally recognized source of career information for hundreds of different types of jobs, designed to provide valuable assistance to individuals making decisions about their future work lives. Revised every two years, the Outlooks include:

Nature of the Work
Training, Other Qualifications, and Advancement
Employment
Job Outlook
Projections Data
Earnings
Related Occupations
Sources of Additional Information

Career Guide to Industries 2010-2011 - The Guide is a companion to the Occupational Outlook Handbook, providing information at the industry level, for dozens of different kinds of industries. Categories for each industry include:

Nature of the Industry
Working Conditions
Employment
Occupations in the Industry
Training and Advancement
Outlook
Earnings
Sources of Additional Information

Tuesday, August 10, 2010

Procurement 101

Many programs that are less than $25,000 are listed at FedBizOpps; ones over $25K MUST be, but smaller ones are not prohibited.

One should sign up with the Central Contractor Registration (CCR) and the SBA, as it says here.

Beyond that, creating a relationship with the particular department is a good idea.

Friday, August 06, 2010

Tax Tips for New Business Owners

The Business Owner's Toolkit - Total Know-How for Small Business is a useful website that provides guides, tips, and pertinent information for small business owners. This week, I received an email about an article on Tax Tips for New Business Owners. Based on the a checklist from the IRS, the article provides information on common tax issues that all new business owners must address, including:

Choice of Business Entity
Tax Obligations
Employer Identification Number
Recordkeeping
Accounting Period
Accounting Method

Tuesday, August 03, 2010

Holiday

So, you want to know, for business or cultural reasons, what holidays are celebrated in various countries. Here are some suggestions:

Time and Date lets you choose a date until 2015 and choose the country.

CountryReports is also useful. Though you need to scroll through the months to see the holidays, you can choose a country or region.

My favorite may be Earth Calendar, a "daybook of holidays and celebrations around the world. For the purpose of this web site a 'holiday' is any day that recognizes a cultural event, and not necessarily a day when businesses are closed.
***
Madonna - Holiday
The Bee Gees- Holiday