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Welcome to this week's edition of STRATiCOM's Small Business Weekly Update newsletter. We monitor numerous news feeds, and summarize the important stories for our network of business partners and clients.
Your response to this newsletter has been tremendous, and a number of you are wondering if STRATiCOM can create and manage a similar newletter for your company. Please use the link below if you are interested in having us develop an e-newsletter for you:
After reaching its highest level in 14 months, the economic confidence among small business owners fell in May as owners reported cash flow concerns and expect to cut back on business development spending, according to the latest Discover Small Business Watch. The monthly index dropped more than 10 points to 78.1, down from 88.5 in April. (May, 2009, Discover Financial Services)
As documented in previous Watch surveys, American small business owners report working more hours, more days and more holidays than their general public counterparts, but during the past year, that gap has widened.
The latest results of a regional survey of supply managers suggests the regional economy may have bottomed out, according to the survey's creator. (June 1, 2009, Minneapolis / St. Paul Business Journal)
The head of the Small Business Administration is on a multi-city tour to outline new loan programs and tout the agency's successes in the first few months of the Obama administration, but her message is anything but "mission accomplished." (June 2, 2009, Business First of Columbus)
