Today’s roundup starts with news that franchise owners are up in arms over the payroll tax cut and includes a story on what government is doing for female entrepreneurs. Extra bonus: this year’s best startup ideas.
Monday’s vote by the U.S. House of Representatives not to extend the payroll tax cut for two months has business owners up in arms—namely, franchise owners. As Suzy Khimm of The Washington Post writes, lobbyists for the International Franchise Association say a failure to extend the tax cut would lead to a loss of 168,000 new jobs. As an extra treat, check out Angus Loten’s article from The Wall Street Journal piece on the topic. What do you think government should do regarding the payroll tax cut?
The immigration reform conversation continues. As Sarah McBride of Reuters reports, immigrants founded almost half of venture-backed companies in the U.S. The National Venture Capital Association hope bills pass that would lower the amount of capital needed to get an immigrant visa.
Now here’s a great Q&A. Diana Ransom of Entrepreneur interviews Ana Harvey, U.S. Small Business Administration’s associate administrator for women’s business ownership, on why women are getting turned down for loans and why public agencies fail to set aside 5 percent of contracts for women (when they promise to do so). The answers will surprise you.
EBay is trying to get on the good side of brick-and-mortar retailers by offering a deal in juxtaposition with Amazon’s new (and controversial) Price Check app. As Daniele Kucera of Bloomberg Businessweek writes, EBay recently offered a $10 in-store discount for customers who spent $100 on the site. The $10 could have been used at stores such as Dick’s Sporting Goods and Toys R Us. Extra bonus: check out my story on How to Beat Amazon.
A large majority of small business owners live in rural areas of the country, and—good news—according to Becky McCray of Small Business Trends, those areas are doing well economically. Top business trends include an increase of self-employment, rural sourcing (as opposed to international outsourcing) growing in popularity and strong oil prices are bringing more business to small towns.
Storage, sharing and fundraising won out this year in the startup category. As Rafe Needleman of CNET News writes, consumers are in love with Box for its cloud storage, Spotify for its platform capabilities, TaskRabbit for its pay-per-assignment/share model and KickStarter for its help in fundraising. What do you think will be the biggest startup industries of next year?
Here’s an entertaining post. As Alyson Shontell of Business Insider writes, most advertising campaigns are not all that memorable. How do you make yours different? Check out this 21-picture slideshow on the best marketing campaigns ever. The Smart Car and CareerBuilder.com ones will blow your mind.