The Small Business Jobs Act, signed into law in 2010, was created to increase the availability of credit for business owners. Just this week, and six years after the program’s inception, the U.S. Treasury department released evaluation reports for two programs created by the Small Business Jobs Act that are nearing their end, the State Small Business Credit Initiative (SSBCI) and the Small Business Lending Fund (SBLF). The report details that since their inception, these two programs have provided small business owners and entrepreneurs with $27 billion in additional capital. Access the full program evaluation reports here.
“If you can’t justify being nice for the sake of others, at least be nice for the sake of yourself. It’ll work out well for others.”
It happens to many of us all the time. We get set up for a meeting or phone call that we don’t think we will benefit from, so we make the conscious—or unconscious—decision not to give it our all. This powerful post by author Julian Shapiro reminds us of the lasting impact being genuinely nice can have on your life and the lives of others, including making a strong connection that might serve you well in the future.
Earlier this week we posted the business credit scores of both the Trump Organization and the Clinton Foundation (which suppliers, vendors, and business partners can look up anytime they want without your permission). Here’s what we found. As you’ll see, both entities have some room for improvement. Here’s what they can do to improve, and how you can score a business credit rating better than those of businesses tied to each presidential candidate.
The Power of Women-Owned Businesses
It’s National Business Women’s Week, a celebration of the contributions of working women and employers who support working women and their families. This infographic from Balboa Capital reminds us of the jobs female entrepreneurs have created, their enormous contributions to society, and how they are leading the way for other women in the workforce.