Small Biz

	Keeping Small Business Connected

August 2005 Edition	Click to learn more about Business Resource Systems, Inc.
In This Edition NEW Online Directory View Previous SBN Articles The Economy is Strong Job Growth Beats Expectations What Small Business Provides the United States Build Your First Web Site Ever Need a Business Coach? Know anyone thinking about starting a business? Tell us what training you need Other Business Support

SMALL BUSINESS ONLINE DIRECTORY

Finally, a search system specifically developed for small businesses. You can search by product or service, company name or state to locate a company. You will see their logo, a description of their products or services and all the pertinent contact information including a hot link to their web site if they have one.

This system is available for all small businesses for a nominal quarterly cost so join now and help build the only search tool for our small businesses...

For more information click here...

VIEW PREVIOUS SBN ARTICLES

Articles provided in Small Biz Newz are informative and specifically written to address issues and concerns of the small business community. We don't talk much about what is happening with large businesses! Our focus is small business which means those companies with 50 or less employees.

These previous articles are only available for the next 45 days after which they will become available to the paid advertisers of SBN. Any advertiser will be able to log into the ad section and read any previous article from the past. Non-advertisers will only be able to read the current month's publication.

To read previous articles click here...

The Economy is Strong

2nd Quarter Economy Growth Meets Expectations

Friday, July 29, 2005

WASHINGTON — The U.S. economy grew solidly at a 3.4 percent annual rate in the second quarter, the government reported Friday, just slightly below the first quarter's pace and with room to grow as stocks of unsold goods fell for the first time in two years.

While second-quarter growth eased from a 3.8 percent rate in the first three months of the year, it nonetheless marked the ninth straight quarter in which gross domestic product (search), or GDP, increased at a rate exceeding 3 percent, Commerce Department figures showed.

The first snapshot of second-quarter GDP matched Wall Street (search) economists' expectations. The figure will be revised twice in coming months as more data on the economy's performance arrive.

GDP measures the value of all goods and services produced within U.S. borders.

For the rest of this article click here...

Job Growth Beats Expectations; Unemployment Steady

Friday, August 05, 2005

WASHINGTON — Employers expanded their payrolls by 207,000 in July, the most in five months, while the unemployment rate held steady at 5 percent, the government reported Friday.

The latest snapshot from the Labor Department offered strong evidence that the job climate is improving considerably.

Boosts in hiring came in retailing, education and health services, financial activities and construction. But factories shed jobs for the second straight month.

The department said Hurricane Dennis, which ripped through Florida, Alabama and Mississippi last month, had "no discernible" effect on job growth in July.

Revised figures released Friday for May and June showed that payroll gains in those months proved stronger than previously thought. The number of jobs increased by 126,000 in May and 166,000 in June.

Analysts had predicted a gain of 180,000 positions in July and forecast that jobless rate to hold steady. The employment increase in July was the most since the addition of 300,000 jobs in February.

The Federal Reserve, which next meets on Tuesday, is expected - to read the rest of this article, click here...

What Small Business Provides the United States

Small firms
• Represent 99.7 percent of all employer firms.
• Employ half of all private sector employees.
• Pay 44.3 percent of total U.S. private payroll.
• Have generated 60 to 80 percent of net new jobs annually over the last decade.
• Create more than 50 percent of non-farm private gross domestic product (GDP).
• Supplied more than 23 percent of the total value of federal prime contracts in FY 2003.
• Produce 13 to 14 times more patents per employee than large patenting firms. These patents are twice as likely as large firm patents to be among the one percent most cited.
• Are employers of 39 percent of high tech workers (such as scientists, engineers, and computer workers).
• Are 53 percent home-based and 3 percent franchises.
• Made up 97 percent of all identified exporters and produced 29 percent of the known export value in FY 2001.

Sources: U.S. Bureau of the Census; Advocacy-funded research by Joel Popkin and Company (Research Summary #211); Federal Procurement Data System; Advocacy-funded research by CHI Research, Inc. (Research
Summary #225); Bureau of Labor Statistics, Current Population Survey; U.S. Department of Commerce, International Trade Administration.

For the rest of the information click here...

Build Your First Web Site

Are you one of the people who understands you need a web site, but do not want to spend the money for someone else to build it or you don't have the skill yet, but you know one of those package systems is not a good solution?

If this is you then you should know about a web site development class being held at the Longmont Free U in September and another class in October. These are four-hour, hands-on classes so when you leave there is actually a web site on an Internet server that you can go home or back to the office and capture for more editing.

For more information click here...

Ever Need a Business CoacH?

Have you ever wanted someone who has years of business experience, who can likely relate to the challenges you are facing whom you can talk to? Someone to bounce ideas around with?

Now you can have that, and more. Business coaching by business people with real business experience. People who know what it is like to meet payroll, and know what old receivables are.

We can connect you with the person you need or an entire team if your business needs a good review and analysis.

Give us a call at 303-818-3647 or click here to learn more about our coaching.

Know anyone thinking of starting a business?

If you happen to know anyone who is thinking about starting a business please send them to our web site and have them click on classes. We are hosting some Introduction to Business classes in August, September and October and they can help your friend save lots of time, money and general grief by getting some up-front facts about a business.

To learn more click here...

TELL US WHAT TRAINING YOU NEED

There are many resources out there that offer business training of all types. It seems everyone has their opinion on what should be trained, by whom and how. Our approach is a little different in we practice what we train. We want you, the customer, to tell us what training you require. Please take a couple of minutes and tell us what training you require to continue the growth of your business. Click here to fill out a brief questionnaire.

Other Business Support

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