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Category Archives: Small Business
Small Business See Profit With Sales Decrease
Small businesses saw a profit margin that increased by 5.13%. However, sales are down by 6.46%. This means that that this success is not attributed to revenue as sales are down. Instead, the profits are attributed to pay reductions, outsourcing, … Continue reading
Health Insurers Increase Premiums
Health insurers have filed for premium increases with state regulators. The requested increases range from 1%-9% and health insurers claim are a direct result of the health care reform law as the rise in premiums will cover extra benefits the … Continue reading
Posted in Healthcare Reform, Small Business
Tagged Costs, Health Care Reform, Premiums, Small Business
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Insurance Costs for Employees Increases This Year
A recent report shows that the cost that the average worker paid for health insurance increased by 14 percent with the worker paying around $482 more than last year or about $4,000. This increase marks a troubling pattern of employer-sponsored … Continue reading
Posted in Healthcare Reform, Small Business
Tagged Benefits, Costs, Coverage, Health Insurance, Small Business
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Jobs Available for Lower Wages
Many who have long been searching for jobs are finding that they can get a job, just at a much lower wage than they were used to. Many are concerned about the quality of jobs available and what it means … Continue reading
Federal Stimulus Successful for Small Business
The federal stimulus last year for $56.1 million in loans has been beneficial to small businesses. Under the program, loans up to $35,000 could go to help businesses. Lenders report that the stimulus loans increased profit and allowed for expansion … Continue reading
Loans through Private Lenders Increase as an Option for Small Business Owners
A new option is increasing in popularity for small businesses who cannot receive a loan from a bank. The option is to take a loan from a private lender. However, the downfall to such loans is the high interest rates … Continue reading
High Deductible Health Insurance Plans on the Rise
Many employers are pushing high deductible health insurance plans to their employees as health care costs increase. Employers like the idea as they contribute less to the total cost of the insurance. However, employees end up paying more out-of-pocket fees … Continue reading
Posted in Healthcare Reform, Small Business
Tagged Costs, Deductible, Health Care, Small Business
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Small Businesses Not Taking Advantage of Health Care Tax Credit
Response is low for the health care tax credit for small businesses. Small businesses can apply for a tax credit up to 35 percent of the insurance premiums they pay for their employee’s medical coverage. However, many small businesses aren’t … Continue reading
More Entrepreneurs in Cleveland
A nonprofit, JumpStart Inc., is a business accelerator that provides advice and outreach programs to encourage entrepreneurship in Ohio. JumpStart Inc. uses state and private funds to help start successful businesses. In 2004 the company had 13 equity investments in … Continue reading
Businesses Continue to Stall Hiring and Development
A recent survey by The Small Business Barometer found that the percentage of businesses that planned on waiting to hire has jumped from 62 to 67 percent in the second quarter. Also, 60 percent of the 1,905 businesses surveyed said … Continue reading
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