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STRATiCOM Minnesota Startup and Small Business Consulting
Small Business Weekly Update

      May 6, 2009 

 
In This Issue
ECONOMIC REPORTS
Small Business Economic Confidence Surges
Consumer Confidence Jumps in April
MN's Business Conditions Improving
Small-biz Divided on Health-Care Reform
Entrepreneurial activity rises, income potential falls
-------------------------------------
TECHNOLOGY
Mini-Links to Web Sites Are Multiplying...Shorteners Could Have Real Value
-------------------------------------
STARTUP RESOURCES
Participate in the 2009 Startup Executive Compensation Survey
10 lessons from a failed startup
Startups for Upstarts
Startup and Big Business Partnerships Based on Service, Not Size
Is Now a Good Time to Start Up?
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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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Contact Information
info@straticom.us
(612) 269-7300  
 
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.  Hopefully this will be a valuable tool, delivering content relevant to your interests.
 
At STRATiCOM we know the importance keeping up-to-date on the latest business news and developments and stand ready to partner with you. Let us know how we may be of assistance. From business and marketing plans to email marketing campaigns and web development, we have the expertise to help your organization.
ECONOMIC REPORTS 
Small Business Economic Confidence Surges
Number of Small Business Owners Who See Overall Economy Getting Better Nearly Doubles     
(Discover® Card Small Business Watch Survey, April 27, 2009)  
Consumer confidence jumps in April
As Wall Street rallied and economic stimulus projects began to take shape, confidence among American consumers jumped in April.
(Washington Business Journal, April 28, 2009) 
Study: MN's business conditions improving
Minnesota's business conditions index was below "growth neutral" in April for the ninth straight month, but it is showing improvement, according to a report released Friday.
(Minneapolis / St. Paul Business Journal , May 1, 2009)
Small-biz divided on health-care reform
Small businesses are divided over whether a government-run insurance plan should be offered as an option in health-care reform.
(Business First of Buffalo, May 1, 2009)
Kauffman index: Entrepreneurial activity rises, income potential falls
Overall entrepreneurial activity was up slightly in 2008, but the income potential of the newly formed businesses dropped, according to the Kauffman Index of Entrepreneurial Activity.
(Kansas City Business Journal, May 4, 2009)
 
TECHNOLOGY
Mini-Links to Web Sites Are Multiplying 
Shorteners could have real value beyond making Web addresses more manageable, said Danny Sullivan, editor of the blog Search Engine Land.  They have the ability to keep track of use - how many times a particular link was clicked and the geographic location of the clickers - which could be valuable to marketers, news outlets and companies looking to measure the impact of a link, tweet or mention online.
(The New York Times, May 3, 2009)
 
STARTUP RESOURCES
Participate in the 2009 Startup Executive Compensation Survey
A compensation study produced by J. Robert Scott, Ernst & Young, and WilmerHale in collaboration with Dr. Noam Wasserman, Professor at the Harvard Business School. CompStudy covers more than 25,000 executives at 5,000 companies and is the largest study of its kind.
 
If you are a CEO or CFO of a startup in the US, China, India, Israel, or the UK in the technology or life science industry, consider taking the survey. 
(MIT Technology Review, April 29, 2009)
10 lessons from a failed startup
"What follows is a post-mortem of what we did right and wrong and how we will improve next time. I feel too many entrepreneurs are afraid to discuss their failures, locking up important lessons. I hope you find some of this useful."
(VentureBeat, April 29, 2009) 
Startups for Upstarts
Business schools have a chance to unleash the entrepreneurial dreams of a generation-they should jump at it
(Business Week, April 27, 2009)
Startup and Big Business Partnerships Based on Service, Not Size
"They (big companies) look to start-ups for the next great things they want to add to their product offerings."
(The New York Times, April 29, 2009)
Is Now a Good Time to Start Up?
Data doesn't support the commonly-held notion that a recession is a good time to start a business.
(Inc., April 30, 2009)

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