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Posts Tagged ‘business’

Payday Lenders Keeping a Close Eye on Montana Initiative to Regulate Them Out of Business
Payday Lenders such as Payday Loan Trust will have to wait until November in order to see if their right to offer payday loans to the citizens of Montana will become “regulated out of business”, some lenders argue. The term “payday loan” describes a short-term loan, between the range of $100-$1,500 (averaging about $300), that is typically set to be re-paid on the borrower’s next paycheck date.

Read more on PRWeb via Yahoo! News

Business program gets ACCION award
GRAYSLAKE — The College of Lake County’s Illinois Small Business Development Center has been named the 2009 Micro-Entrepreneur Advocate of the Year by ACCION Chicago, which provides micro-loans to qualified small businesses.The CLC SBDC is one of the top referral partners to ACCION Chicago, with more than 80 loan applications referred to ACCION Chicago this year. The award was presented to Jan …

Read more on Lake County News-Sun

Obama overtures to business fall flat
WASHINGTON — Labeled antibusiness by Republicans and some corporate chiefs, President Barack Obama mounted a campaign to show he wasn’t. But his charm offensive has hit a rocky patch.

Read more on Washington Post

Complete video at: fora.tv Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, explains his “social business” model, a plan for addressing social issues through entrepreneurship. This program was recorded in joint collaboration with the Commonwealth Club of California and Link TV. —- Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, speaks about his new book Creating a World Without Poverty. Muhammad Yunus is founder and managing director of the Grameen Bank, established in Bangladesh in 1983. Dr. Yunus founded the bank with the objective of helping poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound principles of finances so they can help themselves. The Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through micro-lending and its model has been replicated in over 100 countries worldwide. In 2006, Dr. Yunus was awarded the Nobel Peace Prize for his work with the Bank.

Business booms for Ireland’s repo men
Sheriffs in Ireland, who execute court judgments against borrowers who default on loans, are chasing luxury cars, motorbikes and art as creditors try to recoup money they lent before the economy collapsed.

Read more on Sydney Morning Herald

Yaro Starak takes a trip down memory lane to show you what works with poster advertising on university campuses.

Video from our FREE Online Business Course www.myownbusiness.org Session 1 – Evaluating Business Potential Question “How important is it for a new entrepreneur to have a written business plan in hand before seeking out financing sources and why?” Rod Banks Executive Vice President, Small Business Market Bank of America Topics covered in this video: Writing a business plan, loans, financing, cash flow Transcript: Well, a great question. Having a business plan is actually more important than the loan application because before you make an application for a loan you really need to have that business plan. The business plan needs to be your vision as to why you want to start this business and where you’re going to go with it. You typically start with an executive summary because at some levels not everybody is going to read every single page. You need to have the executive summary that talks about why you’re going to start this business, what you’re going to do with it and then you need to describe your product. You need to describe the competitive environment you’re in. Talk about competition. Talk about cash flow, because in your business there is probably going to be seasonality. You need to talk about any financial headwinds that might come about, what might the difficulties be and how would you as an entrepreneur be able to weather those headwinds.

Fed looks for ways to aid small business lending
Federal Reserve Chairman Ben Bernanke says getting loans flowing more normally to small businesses is key to bolstering the economic recovery and reducing unemployment.

Read more on WZZM 13 Grand Rapids

Business Bullet: Markets, Stress tests, Home loans, BP
The latest news on: Markets, Stress tests, Home loans, BP

Read more on Daily Telegraph

Features remarks by Ana Harvey, Assistant Administrator for Women’s Business Ownership at the US Small Business Administration (SBA), Karen Mills, Administrator of the SBA, and Nell Merlino, Founder, President & CEO of Count Me In. Also presents three tips for starting your business. Presented by the US Small Business Administration Office of Women’s Business Ownership ( www.sba.gov ) and Count Me In for Women’s Economic Independence (www.makemineamillion.org).