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3 Undeniable Business Trends You Need to Embrace

Adaptability is the key ingredient of success for those looking to accomplish great things in today's business climate.   This is one of the key business trends highlighted by Huffington Post's blogger, Doug G. Sandler in his ARTICLE : 3 Undeniable Business Trends You Need To Embrace. We live in a business world that is moving faster than it ever has and adaptability seems to be the only acceptable policy for an entrepreneur, even though for many it will mean changing the status quo of how you operate, and for others - the newbie business owners - time and resources will need to be spent creating and improving their networks and key resources. Either case, you should embrace these three trends to make your own way towards success.


  1. The Internet is here to stay! The most successful businesses of tomorrow will be able to master technology but still provide a human touch as well. 

  2. Content is king.  Blogging, writing and sharing content with existing customers and potential customers is vital. Be an expert in your industry, stay connected to your market and provide content that is relevant, interesting and easy to read.

  3. Adapt or perish. You cannot ignore business trends or your business will be left behind.


Read more here.






Fiscal Cliff: It's Not That Hard

11:39 AM November 12, 2012

The Congress is facing a deadline in the next 60 days to avert what many economists call the "fiscal cliff". If Congress does not act, a culmination of 9% across the board government-wide cuts combined with raising the individual tax rates, the AMT, and expiration of many business taxes threaten to push the US economy over the cliff.

Congress has a short window to fix this but they can move with lightning speed if they choose. The stumbling block is not the timetable, but rather that the solution requires hard choices. WIPP's women business owners know all too well how to make those choices. We know our spending has to be in line with our revenues. When those are out of whack, we cut spending and raise revenues. It's up to the boss to make tough decisions in order for the company to be successful - that's leadership.

WIPP is urging Congress and the President to take a lesson from our business leaders. Compromising is not a sign of weakness. Sending our economy over the cliff will likely endanger many small businesses that sent elected officials to Washington to keep our economy on track. Avoiding the fiscal cliff is not that hard. We should expect our elected officials to work together to avoid the pending economic disaster for the good of our economy and our small business community. Take a minute to tell your Congressional delegation to take action. Send WIPP's action alert - it will take you 30 seconds. Add your voice. Click here to take action!

Before Congress went on August recess, important small business legislation was left unresolved. Despite WIPP's efforts to rally support for the bill, Democrats and Republicans were unable to agree on the Small Business Jobs and Credit Act of 2010 (H.R. 5297) before the break.


Although I am disappointed this bill did not pass before the August recess, I continue to remain optimistic. This bill contains a number of provisions that have far-reaching effects on small businesses, and mirror the struggles our members have identified in our Annual Survey. The small business provisions in the bill include (full summary available by clicking here):

- Major - and critically important changes - to the Small Business Administration's (SBA) federal procurement programs (including Parity legislation, which I blogged about earlier this week)
- A number of tax incentives for small businesses
- The establishment of a $30 billion loan fund for community banks 

Small Businesses are struggling to survive this current economic recession. I continue to call on members of the small business community to voice their support for this bill. Click here for information and instructions on how to contact your local Congressional Delegation. 

This morning, the Senate voted for cloture - a procedure where the Senators vote to limit debate on the Small Business Jobs Bill H.R. 5297. If cloture is achieved, the bill would have been set for a final vote. In order to achieve cloture, sixty (60) votes must be achieved.


Today, only fifty-eight (58) Senators voted for cloture. What this means is that the debate for the bill will continue.

 

WIPP continues to express support for this bill. This bill contains a number of provisions that stand to benefit small businesses, such as:

 

·         Restoring parity to the Small Business Administration's (SBA) small business contracting program

·         Addressing contract bundling and subcontracting in federal procurement

·         Increasing loan limits and available capital for small businesses

·         Providing tax incentives for small business owners

·         Repealing the 1099 reporting requirement enacted after the healthcare law

 

We need your help in expressing your support for this bill. Contact your Senators and tell them to support this bill!

 

To read WIPP's latest letter of support for this bill, please click here.

One Word Can Change Everything

5:40 PM June 21, 2010

If you are a government contractor or want to be, you need to be aware of a problem with just one word that has thrown federal contracting into chaos. The difference in the small business law is over "shall" vs. "may."  That one word means that if you are a company located in a HUBZone, your program gets preference with respect to contracting.  And if you are a contractor in any of the socio-economic small business contracting programs, it spells "trouble" for you.  The issue is referred to as the parity in federal agencies, Capitol Hill and the White House.  Shaking your head?  Here's the background.

What is "parity" with respect to federal procurement?

Parity is the concept that all of the small business programs administered by the Small Business Administration (SBA) are equal to one another, with no one program will having precedence over the other. This policy, which was intended by original drafters of the law, has been upset by a recent Government Accountability Office (GAO) decision. This decision found that the HUBZone program has precedence over all of the small business programs, due to the way the law was originally drafted.  WIPP, along with the SBA and the Obama Administration, and many other organizations, support changing the law to fix this problem.

What is the impact to you?

-          HUBZone contractors will have preference over other small business contracts.

-          The Court's reading of the Act could re-direct to HUBZone firms tens of billions in federal procurement dollars.

-          This could cause a flood of protests in any non-HUBZone procurement, paralyzing the procurement process.  

-          Render the new women's procurement program expected to be finalized this year dead on arrival.


What Can You Do To Help?

Now more than ever, legislation action is needed to restore parity to the SBA small business programs. Call or write to your Senators and Representatives and ask them to support passage of S.3190 and H.R. 3729. You can write directly to your Congressional Delegate by clicking here. You can find their phone numbers on www.senate.gov; or www.house.gov.  Click on the Senator/Representative you are trying to reach.

 

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