Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Business Opportunities to Own
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Everyone will be hearing a lot from the newest addition to our staff: Digital Marketing Manager Hired Margaret Mallonée! This hire was a strategic move to enhance our staff for the new digital media platform we will be introducing in the weeks and months to come. Chicago,...

Slammed last year by what will surely be one of the most expensive and devastating natural disasters to ever hit the Northeast, millions of individuals, many of whom are work-at-home or other small business owners, are only now years later truly beginning to recover from the damage that Hurricane...

Marketing pumps leads and buyers into your business. There are multiple types of marketing methods, from paid advertising to social media. One of the most efficient is called drip marketing.

Here is a quick guide to drip marketing, an effective way to nurture leads using the power of automation. What...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Promotional Products Home Business
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free! Learn More.
Hurricane Recovery Resources for Business Opportunity Owners
in the wake of a crisis of this magnitude can be especially maddening, DisasterAssistance.gov is good place to start...
How Many Leads Does It Take To Close A Sale?
This article is now live on our blog and I know could be very insightful for many. Read On
Residual Income Business Opportunities
Residual Income is the way that you work once and get paid multiple times—sounds great!... Read On
Productivity Hacks — Our Top 50
Productivity Hacks will help you make more from less this 2016. Here at BusinessOpportunity.com we want to... Read On
Top 7 Reasons to Consider a CMS
The internet loves obscure abbreviations. You can skip over most of them, but not CMS. What is CMS? read on...
The Ideal Length of Everything Online, Including Social Media Posts
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
It Takes a Hot Voicemail to Land a Warm Lead
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
Low Cost Business Opportunities to Own
Are your right for a Low Cost Business Opportunities to Own? The desire to own your own business... Read On
Sales Hack To Increase Your ROI and Productivity
Sales Hack to make you more money! Sales Hacks are not new, but how you use them is. We receive lots of emails.. Read On
The Top 10 Reasons to Buy a Business Opportunity or Franchise
Starting your own small business is part of the American Dream, right up there with owning your own home. Read On
7 Keys to Leading Highly Effective Sales Conversations
Most people's sales conversations could be better. Not a little better, significantly better. Read On
 
Resource Center > Article
America Needs Small Business Opportunities Too!
11 Oct 10 Posted by: Kevin James Culp
in Start-Up
Share this Article:

As the economy went south at the end of 2008, businesses around the country – large and small – were hit hard. Many large companies laid off thousands of employees (CitiGroup, AT&T) and others went completely under (Circuit City, Lehman Brothers). With the big guys going down fast, it’s easy to imagine what happened to many of the little guys.

After the economy tanked, Americans were forced to reexamine their career choices, and some decided to take a completely different path than they had originally planned. In October 2009, the national unemployment rate hit a peak of 10.1%, and hovered around 10% during November and December of that year.*

While the economy is slowly coming back and unemployment rates are gradually going down (the national rate was at 9.6% in August), budding entrepreneurs may still be afraid to take the leap and start their own business.

Now, more than ever, small business opportunities are important to the United States economy. Large companies are starting to hire new employees once again, and the government has shown that it understands the impact of small businesses and is wholeheartedly encouraging small business opportunities to push forward. Starting a business is a valuable function of the American Dream, and it is yet another way to add more jobs to a lagging economy.

On September 27, President Obama signed the $30-billion Small Business Jobs Act, a bill that will give America’s small businesses support and incentives to help them grow and hire. The bill includes a series of small-business proposals that the President put forth earlier this year, and small businesses were able to reap the benefits the very day the bill was signed.

The measure includes eight business-oriented tax cuts, and accelerates payouts on existing loan programs. Obama commented upon signing that the measures would have fast-acting effects on the small business community, which both political parties are appealing to in an effort to increase jobs.

A White House fact sheet describes some provisions in the new law:

The bill immediately extended SBA Recovery Act provisions, and within a few days it restarted the SBA's Recovery lending, beginning with the more than 1,300 small businesses that have been waiting to get the credit they need. Additionally, thousands more should benefit in the coming weeks.

The bill also includes eight new small-business tax cuts — all effective as of October 4, and applies to small businesses' taxes for 2010 — providing an immediate incentive for businesses to make new investments and grow.

Here are some examples of the way the bill is designed to assist and encourage small businesses:


  • Small businesses that buy new equipment can immediately write off the first $500,000 of those investments.

  • If you are one of over one million eligible small businesses, key long-term investments in your company will be subject to zero capital gains taxes.

  • Entrepreneurs that take a chance on a new idea and explore a new business opportunity can deduct the first $10,000 of their start-up costs.

  • Those that are self-employed can deduct 100 percent of the cost of health insurance for themselves and their family from their self-employment taxes.


For more information on the new bill, click here:  http://bit.ly/aTfZTl

In order for the economy to return to the heyday that existed just a few years ago, small businesses need to continue to be formed, as well as grow and thrive. It is a combination of all the different shapes and sizes of businesses that make the U.S. economy flow, which means now just might be the perfect time to start your own small business.

*Unemployment rates can be found here:  http://bit.ly/zGGea

Related Blog Posts
18 Sep 17 Posted by: Margaret Mallonée
in Start-Up

Entrepreneur Start-Up Tips - How to Keep Your Bottom Line from Going Bust When Starting a Business

Entrepreneur Start-Up Tips - Congratulations—you’ve decided to take the plunge and make your dream a reality by
8 Jun 16 Posted by: Kevin James Culp
in Start-Up

Commercial Property 101: Leasing commercial space can be hugely beneficial for your business and a great way to cut down your overheads.

However, there are lots of things you need to consider before leasing a commercial property to ensure that you’re making the right decision for your business....
28 Mar 16 Posted by: Kevin James Culp
in Start-Up

StartUp Financing: Are you having trouble getting people to buy your expensive products or services? Whether you are offering a business opportunity or a franchise, you are not alone.

StartUp Financing: Even after your target audience is sold on the worth...
29 Dec 15 Posted by: Kevin James Culp
in Start-Up
Funding is the lifeblood of any business. The principle reason entrepreneurs put off starting their own business is lack of it. Raising funds from venture capitalists, friends and family is fraught with danger and is often very time consuming. Funding your business by mortgaging your home is risky too....
14 Dec 15 Posted by: Kevin James Culp
in Start-Up
Who are the types of people who buy a business opportunity or small franchise According to people in the field, this type of career move appeals to a wide range of personalities. If you’re worried that you don’t have what it takes, relax....
 
   

I had the pleasure of setting down with Edwin Shoffner, CEO with Mattress by Appointment for BusinessOpportunity.com's very first Podcast that will be released on our new Digital Platform very soon.  Here is the transcript from that call for...
Read More

Video Spotlight

Virtual Financial A Home Business in Financial Services You are going to want to see this Video!

Virtual Financial Group


Premium Sponsor