The interest rate on loans made through the U.S. Small Business Administration’s 504 loan program have now reached their lowest point of the year, which should spur business formation and expansion.
SBA’s 504 loan rate drops again
Connecticut law will help spur small business investment
A new Connecticut jobs bill that includes a tax cut for angel investors – which goes into effect on July 1 – should encourage investment in small businesses in the state, according to the American Chronicle.
Small business owners increasingly using microfinancing to help create corporations
Entrepreneurs are now using microfinancing more than ever as they try to get the capital they need to create a corporation without taking out traditional bank loans, according to BusinessWeek.
Small businesses take teens’ summer jobs to the next level
While teens have often made up a significant portion of summer workers as they take a break from school, some students are rejecting traditional summer jobs and starting their own businesses, according to the Indianapolis Star.
NY event helps entrepreneurs turn pink slips into a ticket to independence
Many laid-off workers are transitioning away from unemployment. But instead of simply working for another company, a significant number are going into business for themselves.
State of Florida’s warning emails make incorporation services do their dirty work
The state of Florida’s Department of Corporations has switched all of its warning notices to email notifications to save money. But this cost-cutting move is placing much of the burden on incorporation companies.
Small West Virginia charities getting a boost from state lawmakers
A change in West Virginia regulations regarding nonprofit organizations will make it easier for many smaller charitable organizations in the state to keep their tax exempt status.
LLC compliance made simple
Keeping a limited liability company compliant within state regulations can be a headache. While regulations can be different from state to state, many are similar. The state of Arizona has issued a list detailing a number of ways LLC owners often make mistakes.