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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 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.
We have some exciting announcements coming in the the next few weeks, so be sure to look for them in future issues.
As always, if your company is interested in having STRATiCOM generate a similar newsletter for your clients, please contact us using the link below.
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In the next 90 days, the Obama administration hopes to cure a problem that has festered for years: the failure of federal agencies to award small businesses their fair share of government contracts.
In fiscal 2008, only 21.5% of federal prime contracting dollars went to small businesses - well below the government's 23% goal. Failing to hit this goal cost small businesses more than $6.5 billion in federal contracts.
(August 28, 2009 - Dallas Business Journal)
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Technology clusters are developing in Fargo and Sioux Falls and high-tech employment has also recently increased in Bismarck, Rapid City, SD, Minot, ND, and Grand Forks, ND. The global recession has led to IT worker layoffs in the region at firms like Microsoft and the closings of Alien Technology Corporation's Fargo plant and the Hutchinson Technology Inc. plant in Sioux Falls earlier this year. Despite the setbacks, the region still appears to be well positioned for long-term technology growth.
(August 31, 2009 - Prairie Business Magazine) |
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Twin Cities chief financial officers expect hiring of full-time accounting and finance professionals to increase in the fourth quarter of 2009, according to the latest Robert Half International Financial Hiring Index.
(September 1, 2009 - Minneapolis / St. Paul Business Journal) |
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Minnesota's manufacturing sector, which has slashed jobs and factory output to survive the recession, is finally beginning to recover.
The economic improvement is charted in a Creighton University survey of supply managers released Tuesday that shows the manufacturing climate turned the corner in August.
(September 2, 2009 - Minneapolis Star Tribune)
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...as the economy continues to soften, many small businesses - even those that have been around for decades - are not only trading services, but also combining forces, says Jeffrey Carr, the executive director of New York University's Berkley Center for Entrepreneurial Studies.
According to the National Small Business Association's mid-year Economic Report released in July, 27% of business owners surveyed said that they're planning to use strategic alliances to expand their businesses over the next year.
(August 28, 2009 - WSJ.com) |
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The No. 1 question fielded by the Small Business Administration's Philadelphia District Office used to be whether there were any grants to start a new business. Now it's: How do I get a slice of the $787 billion federal stimulus pie? District Director David Dickson said.
Nationwide, SBA events are swelling with entrepreneurs seeking an answer to the same. More events are on the way locally in months to come as part of a governmentwide initiative of the SBA and Commerce Department to increase minority, women, veteran, and small business owners' participation in federal contracts.
(August 28, 2009 - Philadelphia Business Journal) |
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