Small Business BlogThe Bottom Line - Charles Cooper's insights about today's news

safety

Tis The Season for Some Phishing

As the year winds down to what is called the “happiest time of the year,” the criminals you normally hear scurrying around like rats in the walls are poking their heads out to try to steal a little holiday cheer from you and yours. You are a target, your business is a target. Tis the season to protect yourself.

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operations

Happy Thanksgiving from ABC!

Thanksgiving is a time to let go of the bad news around us and focus on what is positive in our lives. The following is a little reminder that there are good things happening in the world.

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economy

Fraud Hits the SBA

In times of trouble, fraud is always rampant, and government agencies with billions of dollars to throw around in hopes of stimulating the economy make very tempting targets. Now it is the HUBZone Empowerment Contracting Program.

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economy

A Trillion Here, A Trillion There and Pretty Soon We're Talking Real Money

Recently, Bloomberg reported that the Federal Reserve has pledged more than $7.4 trillion to help work the credit markets loose. They are doing this while the FHA is backing more subprime loans, many of which originating with the same people who brought us to this crisis, are being made—loans that could finally kill the US economy for good.

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green

The Green Revolution gets Personal: Pushing Hard for a Dry Toilet

There are business opportunities all over if you keep your eyes open and with the new administration coming in, many of those opportunities are going to be green and one such opportunity, supported by environmental experts, is the dry toilet. Still, is it a viable opportunity or an idea you should flush? That is the question.

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management

The Spam Holiday Continues—But What About Direct Mail?

A North Carolina mail carrier buried years worth of junk mail in his yard, getting a fine, probation and community service in return. This, of course, begs the question, wasn't he already doing community service by burying the junk mail in the first place? It is a little more complicated than that.

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economy

Finally! Something Good from Sarbanes-Oxley

It is one thing to destroy your own company, but quite another to destroy your company, cripple your industry and then fly in your company private jet to wheedle taxpayer money out of Congress so you can keep on with your wasteful ways. Pity, but there will likely be a bailout, but the least Congress can do is throw the Sarbanes-Oxley book at them.

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management

The Employee Free Choice Act and You

The Employee Free Choice Act (EFCA) is likely to pass in the first 100 days of the Obama presidency and it is going to have profound effects on the relationship between management and labor and on how you run your business.

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technology

Spam Holiday! Where is Hallmark When You Need Them

Notice something different in your email inbox lately? Spam is down by a good 70%! How did it happen and how long will this blessed interlude continue? We have some answers and a bit of advice: Enjoy it while it lasts!

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technology

No, Spider-drawings are Not Legal Tender

Sometimes, when things are tough and money is tight, you just have to have some creativity in the way you pay your bills, but this may be going a bit too far. Just remember: Spider drawings are not legal tender for any debts, public or private.

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economy

Bankruptcy vs. Bailout: Which is Really Better for the Taxpayer

With the Big Three Automakers threatening bankruptcy if they don't get a government bailout, the question is whether it would be better: to let them go under and fall into the hands of a bankruptcy judge or bail them out and let them fall into the hands of Congress?

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economy

How Can I Become a Bank Holding Company, Too?

American Express is now a bank. Why? So they can get a piece of the bank bailout money, of course. There can be no other reason and it begs the question: How can I become a bank holding company and get my piece as well?

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marketing

Is Civility in Marketing on its Way Out?

There will always be customers that we like more than others. They spend more, they're easier to work with--there are all sorts of reasons. Still, how much better do you treat them than your other customers? United Airlines has answered that question and it makes me wonder if civility in marketing is on its way out.

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politics

Congratulations President-Elect Obama

Everyone here congratulates Barack Obama on his election victory. Now, the time has come to pull together as a nation behind the new president as he faces the challenges of today's world.

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politics

The Bottom Line: Election Day is Here!

The election is over and now it is time to put all the rhetoric aside and vote. However, before you walk into the voting booth, just ask yourself: Why am I voting for this candidate and not the other?

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