New York SBDC Research Network

Happy Halloween! If my memory is correct, the Halloweens of my childhood in Vermont were always super-dark and freezing cold (Snow? Fairy costumes are a bust when you have to wear your winter coat over them). This chilly thought made me think how nice it is for tonight's trick-or-treaters to get that extra hour of light, since we haven't yet turned back the clocks. Well, apparently I wasn't the only who thought it would be nice for Halloween to have a little more evening light. According to this online New York Times piece, An Extra Hour of Halloween Daylight? Thank the Candy Lobby , the candy industry lobbied hard for this extension of daylight savings, thinking it would spur additional candy sales.

We get quite a few requests about veterans, so here's something from the SBA Office of Advocacy: This study compares changes in the income and wealth of veteran and non-veteran households; veteran small business households with veteran non- business households; and veteran small business households with non-veteran small business households from 1989 to 2004. It classifies all households with a business owner/manager or self-employed individual as a business- owning household. This study uses the 1989 through 2004 Surveys of Consumer Finances (SCF), conducted by the Federal Reserve Board as its primary data source. A full copy of this report is available here and the research summary can be found here . Should you need further information, please feel free to contact Charles Ou at (202) 205-6533 or advocacy@sba.gov.

This article appeared in yesterday's online version of the Wall Street Journal. Misleadingly titled "Four Danger Signals When Franchising," (it ought to read "When Buying a Franchise"), it re-visits territory that we've explored in this blog over the years. Nevertheless, this is practical information to review with our clients. It's a brief article, and it highlights three specific issues: 1 - Lots of litigation and closures - Noting that franchisors have an obligation to disclose any current or past litigation in the franchise offering circular; 2 - Too many bad reviews - Recommending that potential buyers interview a variety of current owners of the franchise to get their honest take; and 3 - High-pressure sales tactics - Which ought to speak for itself. A lot of this is common sense, but I've heard many stories from all of you over the years about clients who bought a franchise first, then asked questions later. That's the wrong order to

Today is the last day with the SBDC RN for Alexis Mokler who has been our very diligent library intern. Alexis is continuing her Master's in Library Science course at SUNY Albany. We are always happy to have the help of interns but are especially glad when we have as good an intern as Alexis, able to take on oftentimes troublesome projects and give us some much needed help with research. We wish her much success and thanks for all her good work!

Do you get too many catalogs in your mailbox? Check out Catalog Choice . Catalog Choice “is a free service that lets you decline paper catalogs you no longer wish to receive.” You just enter your name and address (they promise not to send you anything), then search for and select the catalogs you’d like to stop receiving. Your mail box and letter carrier are saved wear-and-tear, the catalog company isn’t wasting money on catalogs you have no interest in, and a lot less paper is consumed. As the website points out, “Over eight million tons of trees are consumed each year in the production of paper catalogs.”

The SBA Office of Advocacy-funded paper "Are Male and Female Entrepreneurs Really That Different?," by Erin Kepler and Scott Shane, finds that gender does not affect new venture performance when other factors are controlled for. However, several factors--differing expectations, reasons for starting a business, motivations, opportunities sought and types of businesses--vary between the genders, and these result in differing outcomes. Such observations should be taken into account when comparing the outcomes of ventures across genders. The data used for the study was from the Panel Study of Entrepreneurial Dynamics (PSED) focusing on businesses started in 1998 and 1999. A full copy of this report is available here and the research summary can be found here .

Not long ago, Dale Rice sent me this article from the October 2nd Buffalo News . It reports the desire of the mayor of East Aurora (about 15 miles southeast of Buffalo) to ban outdoor digital signs in that village. Proposing to ban any kind of sign is fraught with legal & Constitutional issues, as signage (as a form of commercial speech) is protected under the First Amendment. Hundreds of cases have been brought up (and won) by businesses over the years, challenging the legality of their local codes. If passed, the proposed sign code for East Aurora could eventually meet this same fate. Last week, I was part of a panel presentation on the importance of fairly-constructed, legally-sound sign codes. In the audience were town and municipal officials, inspectors, and code enforcement officials who were eager to learn about the subject. Codes exist all over the country that impose restrictions and obstacles on business owners when it comes to the sign outside their front door, and