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SBA Co-Hosts Webinar on Disaster Recovery Best Practices

WASHINGTON – Find out what business owners learned after nearly losing their companies to small scale disasters like a sprinkler system malfunction or catastrophic events like widespread flooding during a free webinar on July 19 hosted by Agility Recovery Solutions and the U.S. Small Business Administration. Agility Recovery CEO Bob Boyd will share real stories of entrepreneurs whose business continuity strategies emerged while recovering from major disasters. He’ll also outline some practical applications of disaster preparedness tips, focusing on the concept of not only putting a plan together, but testing it periodically. SBA has partnered with Agility to offer business continuity strategies for entrepreneurs via their “PrepareMyBusiness” website. Visit www.preparemybusiness.org to access previous webinars and for more preparedness tips. Since 1953, the SBA has provided more than $48 billion in disaster recovery funds to 1.9 million homeowners, renters and businesses of all s

The Impact of Regulatory Costs on Small Firms

From SBA Office of Advocacy[PDF] . "The annual cost of federal regulations in the United States increased to more than $1.75 trillion in 2008. Had every U.S. household paid an equal share of the federal regulatory burden, each would have owed $15,586 in 2008." Check especially the chart on PDF page 60.

Tax Department Policy on Manufacturer's Discounts Received Using Store Loyalty Cards

From NYS sales tax guidance This memorandum describes the procedures that sellers should follow to properly disclose to customers that certain discounts received through store loyalty cards are manufacturer's discounts. Many businesses use store loyalty cards to offer their customers incentives to shop frequently at their stores. These incentives often include discounts that are activated by scanning the customer's loyalty card at the cash register. When these loyalty card discounts are given and the discounted item is subject to sales tax, the amount subject to sales tax generally depends on whether the discount reflects a manufacturer's discount or a store discount. If the store is reimbursed for the amount of the discount by the manufacturer, distributor or other third party, it is a manufacturer's discount. If the store receives no reimbursement from a third party for the amount of the discount given, it is a store discount. Generally, when a customer purch

International Data Base

The U.S. Census Bureau conducts demographic and economic studies and strengthens statistical development around the world through technical assistance, training, and software products. For over 60 years, the Census Bureau has assisted in the collection, processing, analysis, dissemination, and use of statistics with counterpart governments in over 100 countries.

Hiring That Ex-Felon

A recent library inquiry about programs available to assist employers who want to hire former convicts got me to call Elaine Kost from the state Department of Labor. She noted two programs that she described as underutilized: "The Federal Bonding Program (FBP) was created as a job placement tool to assist at-risk job seekers. The purpose of the program is to provide fidelity bonding at no cost to a business for the first six months of employment for hard-to-place job applicants." The term "hard to place is not limited to ex-cons. Sometimes, an employer will perform a credit check on a potential employee and will balk because of a low score; the FBP could be used for this purpose as well. "The The Work Opportunity Tax Credit (WOTC) is designed to promote the hiring of individuals who qualify as a member of a target group; individuals with barriers to employment. Federal tax credits are available for hiring the following groups under WOTC: A. Qualified recip

U.S. Employer Firms Show Declines in Number of Establishments, Employees in 2009

From the Census Bureau In 2009, businesses with paid employees numbered 7.4 million, a decline of 168,000 establishments from 2008, marking the second consecutive year of decline, according to the U.S. Census Bureau. Further, between 2008 and 2009, employment dropped 5.3 percent, a decrease of more than 6 million employees, for a total of 114,509,626. In 2008, the number of establishments decreased by about 104,000, although the number of employees increased by almost 300,000. These findings are from County Business Patterns: 2009 , which provides the only detailed annual information on the number of establishments, employees, and first-quarter and annual payroll for most of the 1,100 industries covered at the national, state and county levels. The statistics are broken down according to employment-size classes (for example, number of establishments with one to four employees) and legal form of organization (for example, corporations and partnerships).

The Advocate, July 2011

Volume 30, Number 6 [PDF} The July issue of The Small Business Advocate features Advocacy’s regional roundtables on women’s business ownership, the chief counsel’s listening tour of West Coast businesses plus regulatory updates and other regional news In This Issue Message from the Chief Counsel • West Coast Businesses Tell Washington: Let Us Innovate! Regional Update • Regional Roundtables Explore Women’s Business Ownership • Alabama and Florida Coasts Bounce Back from Oil Spill Research Notes • Request for New Research Forthcoming Regulatory News • Gainful Employment Rule Finalized • Ongoing SBREFA Panels