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Government and SBA

Writer for Home Business Magazine Receives Prestigious Award!

Congratulations, Priscilla Y. Huff!

Priscilla Y. Huff, author, home-small business writer and consultant for thirty years, has been selected as the recipient of the 2010 Eastern Pennsylvania SBA Home-Based Business Champion of the Year.

Is Small Business Snoozing Through the Government Loan Alarm Clock?

Survey Shows that 77 Percent of Respondents Have Not Pursued New Loans Available

A new survey of 993 small business owners across the United States by management consulting firm George S. May International found 77 percent have not taken advantage of the deferred-payment loan of up to $35,000 for businesses, as a result of the American Recovery and Reinvestment Act.

Structural Deficit Poses Most Serious Threat to Economy

Macroeconomic Factors Make Collapse Almost Inevitable

Recent projections put the fiscal year 2009 deficit at almost $2 trillion dollars (HBM made this projection 4 months ago).

Shore Up Your Financial Situation with a Home-Based Business

From Recession to Depression?

Home Business® Magazine is predicting that the U.S. will move from a recession into a depression, in 2009 or 2010. It is worth noting that if the federal government had not poured trillions of dollars into the financial system and economy in late 2008, the U.S. would already have slipped into a depression.

New Small Business Blog Launched By Advocacy

Small Business Community Encouraged to Join the Conversation

The Small Business Administration Office of Advocacy has launched a new small business blog focusing on regulatory issues, small business research, state regulatory activity, and more.

Consumers Largest Decrease in Spending Since 1980

Decline Signals Recession

The economy went into reverse in the third quarter of 2008, as consumers reduced spending by the largest amount in 28 years.

Small Home-Based Businesses Drive the U.S. Economy

Home-Based Businesses Lead the Way

Small businesses across the nation—over half of which are home-based businesses—create a majority of new jobs, introduce exciting new innovations to the marketplace each year, and generate over half of the U.S. economic output. Consequently, it comes as no surprise that the small business sector is the primary driving force behind the American economy.

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