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.
Welcome to this week's issue of STRATiCOM's Small Business Weekly Update newsletter. We monitor multiple news feeds, and summarize the important stories for our network of business partners and clients.
As always, if your company is interested in having STRATiCOM generate a similar newsletter for your clients, please contact us using the link below.
The Minneapolis-St. Paul economy was the nation's 14th largest, generating a gross metropolitan product of $193.9 billion in 2008, according to a new report from the U.S. Bureau of Economic Analysis.
This compares with the No. 1 New York City area, which sprawls across four states and generated a gross metropolitan product of $1.264 trillion last year, outpacing all other metros by far. (September 25, 2009 - Minneapolis / St. Paul Business Journal)
Employers cut back on their job cutting last month with private payrolls recording a loss of 254,000 positions in September, according to a report by payroll firm ADP released Wednesday. The loss of 254,000 jobs was the sixth straight month of declining job losses reported by ADP.
...On Wednesday, the Commerce Department reported that U.S. gross domestic product shrank at an annualized rate of 0.7 percent in the second quarter, lower than a previously reported 1 percent decline and well ahead of the 6.4 percent contraction of the first quarter. Many analysts believe that increased government spending in the third quarter on programs such as Cash For Clunkers will return the economy to growth in the third quarter. (September 30, 2009 - Washington Business Journal)
Grants from foundations and other donors can make a real difference when strong partnerships with nonprofits are formed, according to a report out Wednesday from the National Committee for Responsive Philanthropy.
The Washington, D.C.-based watchdog group studied a sample of 15 nonprofits in Minnesota from 2004 to 2008, and concluded that every $1 in donations resulted in a $138 return in long-term benefits for Minnesotans and their communities. (September 30, 2009 - Minneapolis / St. Paul Business Journal)
The time spent by Americans on social networking went from 6 percent of all time last August on the Internet to about 17 percent last month, the report shows.
Advertising spending on social networking sites and blogs more than doubled despite the recession, going from about $49 million in August 2008 to about $108 million in August 2009
(September 28, 2009 - Minneapolis / St. Paul Business Journal)
