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STRATiCOM Minnesota Startup and Small Business Consulting
Small Business Weekly Update

      May 27, 2009 

 
In This Issue
-------------------------------------
ECONOMIC REPORTS
Survey: Recession clips angel investments
'Super Angels' Shake Up Venture Capital
Index of Leading Economic Indicators is up in May
Asset-based lenders swamped by small firms seeking capital
Consumer confidence up dramatically
Top economists see the recession ending by fall
Small business index gains in April
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TECHNOLOGY
How To Make Sure Search Engines Find Your Business Web Site
Social Networks For Your Business
Getting a return on investment from social media
-------------------------------------
STARTUP RESOURCES
There's No Time Like Now to Start a Small Business
Five Twin Cities firms receive 2009 Minnesota Business Ethics Awards
Start-up Cost Projections For First Time Entrepreneurs
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STRATiCOM is a fully integrated business management consulting company focusing on startups and small businesses.

Our team of executives - experienced in the fields of Marketing, Human Resources, Finance and Information Systems/Technology - allow small busi­nesses to have a collection of seasoned professionals evaluate all aspects of a company.
 
Let us help you develop a coordinated approach to either launching your business, or improving your existing business's results.
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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:
 e-newsletter, e-marketing, e-mail marketing
ECONOMICS & FINANCE 
Survey: Recession clips angel investments
Angel investments decreased in 2008 from 2007 because of the recession, according to the Angel Capital Association.
(May 20, 2009, Kansas City Business Journal)
'Super Angels' Shake Up Venture Capital 
As large VC firms cut back, a hungry bunch of seed-stage investors are helping entrepreneurs get their ideas off the ground
(May 21, 2009, BusinessWeek) 
Index of Leading Economic Indicators is up in May
The Conference Board's Index of Leading Economic Indicators rose this month, the latest sign that an economic recovery may be around the corner.
(May 21, 2009, Washington Business Journal)
Asset-based lenders swamped by small firms seeking capital
Two of the metro area's biggest local asset-based lenders for small business have seen demand spike even as they've raised rates to keep up with increased risk.
(May 22, 2009, Minneapolis / St. Paul Business Journal)
Consumer confidence up dramatically
Consumer confidence jumped in May to its highest level since September. The Conference Board Consumer Confidence Index now stands at 54.9, up from 40.8 in April.
(May 26, 2009, South Florida Business Journal)
Top economists see the recession ending by fall  
A prominent panel of 50 professional forecasters says the US economy is finally stabilizing and the recession should end by this fall. But for the second year in a row, they add, the economy will shrink with a cumulative decline that will give the nation the worst downturn since the last years of the Eisenhower administration.
(May 27, 2009, The Christian Science Monitor)
Small business index gains in April 
A monthly index of small business economic indicators jumped 5.8 points in April, with a majority of business owners expecting the economy to improve over the next three to six months.
(May 22, 2009, Minneapolis / St. Paul Business Journal)
 
TECHNOLOGY
How To Make Sure Search Engines Find Your Business Web Site 
You may have spent big bucks designing and building a sleek, cutting-edge business Web site, but if search engines can't find you neither will your customers. Build your site right and the search engines will find you regardless of how fancy or simple your site is.
(May 22, 2009, Entrepreneur.com)
Social Networks For Your Business
These sites give entrepreneurs more opportunities to get the word out about their companies, but they've also made most of us feel overwhelmed, trying to keep up.
(May 25, 2009, Hartford Business)
Getting a return on investment from social media
For companies out there looking at social media and scratching their heads, curious if they could expand their business but also feeling overwhelmed by all the options, a panel of marketing experts at last week's New England Xpo for Business at Boston had some suggestions.
(May 25, 2009, New England Business Bulletin)
 
STARTUP RESOURCES
There's No Time Like Now to Start a Small Business
An unstable economy and rising unemployment have left many desperate Americans looking for ways to ride out the financial storm. But despite the economic downturn, or because of it, Dave Ramsey of Fox Business Network says that now is a perfect time to start a new business or to grow your existing one.
(May 21, 2009, ABC News)
Five Twin Cities firms receive 2009 Minnesota Business Ethics Awards 
Tired of stories about the misconduct of companies and their executives, more than 200 business leaders from around Minnesota gathered on Wednesday, May 20, to honor ethical excellence with the presentation of the 2009 Minnesota Business Ethics Awards (MBEA).
(May 22, 2009, University of St. Thomas Bulletin)
Start-up Cost Projections For First Time Entrepreneurs
The key here is simple - you want to have a cost structure that makes sense, covers all the bases, but doesn't assume a big revenue ramp to be supportable.
(May 25, 2009, Ask the VC)

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