viagra preço sur quel site acheter du viagra levitra kjøp
  • kamagra billig billig viagra achat cialis viagra france
  • cytotec vs pitocin 
    propranolol hcl er 60 mg side effects 
    safe buy clomid online canada 
      viagra ordonnance france viagra generika 100 mg viagra au quebec
    cialis generico in italia achat viagra generique france acheter viagra mastercard

    Tag Archive for 'economy'

    RESULTS: Would your business be a prospect for outside investor capital?

    The Question:
    Would your business ever be a prospect for outside investor capital?

    15% - Yes, our long-term growth plans is to acquire venture capital.
    8% - Yes, but only angel investors we can buy out later.
    0% - We want to acquire investor capital but don’t know how.
    0% - We’ve already acquired outside investor capital.
    77% - We don’t need no shtinkin’ investors.

    Jim’s Comments:
    As I’ve said - and written - many times, most small businesses are not prospects for outside investor capital. It’s difficult to get, it’s not practical to manage, it’s troublesome to account for, it can be maddening to deal with the investors, and the long-term expectations of the founders and investors are almost always different. So I wasn’t surprised when over three-fourths of our respondents said, “We don’t need no shtinkin’ investors.” And I wasn’t surprised that 15% said they were planning to pursue outside investors in the long term. But I’ll wager that of that group, a very small percentage will actually finalize an outside investment capital deal.

    When you get a few minutes, go to this link and read some of the articles on capital acquisition.

    Thanks for participating this week. And be sure to give us your position on our new poll below.

    RESULTS: What do the signs read for your business in 2015?

    The Question: Looking into 2015, what do the signs look like for your business?

    28% - All signs point toward 2015 being a great growth year for us.
    55% - We’re cautiously optimistic 2015 will be better than last year.
    15% - We’re expecting no more business than last year.
    2% - Right now, 2015 looks like a tough year for us.
    Jim’s Comments:
    As you may know, we’ve been polling small business owners about many topics for several years. At least four times a year we ask about the economy, either how it has been or what it’s looking like. Since the end of the Great Recession in July 2009, it’s been interesting that our responses have consistently shown about a fourth to a third doing well, about half doing just okay, and the rest doing poorly.

    Many sources are reporting how the economy seems to be finally gaining some momentum. We wanted to know what you thought about these reports, so last week we asked how the New Year was looking. As you can see, the ratio of responses hasn’t changed much from past polls. This tells me after six years of a moribund economy most small business owners aren’t going to get excited until they can confirm that economic momentum has reached all the way down to the last mile of Main Street.

    RESULTS:Have the midterms impacted your attitude about the 2015 economy?

    The Question:

    Photo credit to DonkeyHotey on Flickr.comHow have the results of the midterm election impacted your attitude about the economy in 2015?

    18% - I’m optimistic about next year but not because of politics
    44% - I’m more optimistic about 2015 because the GOP control Congress
    0% - I’m less optimistic because the Democrats lost control of Congress
    38% - I’m pessimistic about the economy because of all the politicians
    Jim’s Comments:
    As you can see, over half of our respondents are either indifferent toward, or negative about the impact of the Political Class on their business.  The rest are hopeful about their business because of the upcoming Republican-controlled Congress. Alas, the Dems got no love in this poll.
    I’m going to have more to say about these results in a longer piece in the next week or so. Stay tuned. Thanks for participating and be sure to take our new poll this week.

    **Photo credit to Donkey Hotey on Image links to page. (CC).

    Results of my 2014 Crystal Ball Predictions

    Here are the results of my 2014 predictions, what happened and my score.

    Prediction: Five years after the Great Recession ended, the economy will average less than 3% growth. Actual: Although surging, 2014 GDP will be about 2.3%. Plus 1.

    Prediction: Even with a slightly improved economy, small business (SB) optimism levels will still be below the NFIB Index’s 41-year average of 100 points. Actual: NFIB Index 2014 SB optimism is below 95 points. Unfortunately, plus 1.

    Prediction: Continued uncertainty for the sixth straight year will make SBs reluctant to invest and borrow money. ActualNFIB Index shows small businesses loan demand and investing at record low levels. Plus 1.

    Prediction: Uncertainty about Obamacare’s impact will cause SBs to continue hiring reluctance. Actual: NFIB and other surveys shows SB hiring still negligible. Plus 1.

    Prediction: Obamacare will continue to be an economic headwind in 2014. Actual: Owners and managers continue to identify Obamacare as a significant negative factor in business decisions. Plus 1.

    Prediction: More significant than the media favorite U3 unemployment rate, the employment participation rate, currently 63%, will remain at a 38-year (Carter) record low. Actual: Current labor participation is 62.8%. Plus 1.

    Photo by Garry Knight on

    Photo by Garry Knight on

    Prediction: The Fed will discontinue unprecedented quantitative easing (QE) that infused trillions of dollars into Wall Street since 2008 without benefiting Main Street. Actual: Fed ended QE in October. Plus 1.

    Prediction: A combination of disruptions will produce a challenging year for Wall StreetActual: Nothing seems to impede the madness of Wall Street crowds. Can you say bubble? Minus 1.

    Prediction: Obamacare’s constitutionality will be challenged by many lawsuits. Actual: Currently 104 lawsuits have been filed against Obamacare, including one before the Supreme Court. Plus 1.

    Prediction: Democrats running for re-election in 2014 will run from the president. Actual: No Democrat wanted Mr. Obama anywhere near their campaign, but it still didn’t help. Plus 1.

    Prediction: The GOP will regain control of the Senate and maintain a majority in the House in November. Actual: Republicans swept almost everything, from the Senator down to dog catcher at the local level. Plus 1.

    Prediction: President Obama will prevail on immigration but will lose on minimum wage. Actual: Immigration win by Obama’s executive order but no minimum wage increase. Plus 1.

    Prediction: Hillary Clinton will not announce her 2016 presidential intentions before the mid-term elections. Actual: Everyone knows she’s running; she just hasn’t announced yet. Plus 1.

    Prediction: Auburn will defeat Florida State in the BCS Championship Game. Actual: Great game, but the Noles won 34-31. Minus 1.

    Write this on a rock …

    This year I’m 12 for 14, or 86%, taking my 14-year record to 73% (’08 was a rough year).

    Jim Blasingame is author of the award-winning book, The Age of the Customer: Prepare for the Moment of Relevance.

    RESULTS: How is your business tracking in the 4th quarter?

    The Question:

    With one month to go, how is your business tracking in the 4th quarter?

    15% - Way ahead of last year’s sales or budget
    46% - A little bit better that last year
    18% - About the same as last year
    21% - Worse that last year
    Jim’s Comments:
    When we asked a similar question in early September, 65% of you said things were trending well for the end of the year. As you can see, our new poll question on the economy prompted just short of that response, at 61%.  And just as we’ve seen for almost six years, about one-fifth of small businesses are still struggling.
    There are two things that might be making the economy trend upward:

    1. Republicans will be in control of both houses of Congress for the next two years. Most people who make payroll consider a GOP-led Congress to be an improvement if for no other reason than they’re not anti-business.

    2. Gas prices are down almost a dollar from a year ago. That’s like a huge tax cut for the folks on both sides of the cash register.

    Here’s hoping the winter isn’t too bad and we can carry some momentum into next year.

    Small business can’t fund an economic expansion alone

    How’s the economy going?

    In my long career, it’s hard to imagine a time when you could get as many different answers to this question.

    We know the answer if we’re talking to any of the millions of chronically unemployed or under-employed; they’re not represented in the misleading U3 unemployment index used by politicians and the media. And the same goes for the millions who were forced to transition from unemployment to early retirement, disability or welfare.

    Photo courtesy of morgueFile

    Photo courtesy of morgueFile

    How about small business owners? Recently we asked them this question: How is the economy looking for you over the last third of 2014? Almost two-thirds of our respondents allowed they like what they see. That’s an improvement from polls we’ve conducted over the past couple of years when barely half expressed optimism.

    Are small businesses finally feeling more confident about the economy? For generations Wall Street was accepted as a leading indicator of the economy; today it’s merely an indicator of itself.  I consider Main Street to be the more relevant economic indicator so this increased optimism is good news — at least until Wall Street and Washington do something to derail all of our hard work, like the last financial crisis they created together.

    In a follow-up poll we asked small business owners how they would fund their next growth opportunity. Almost half reported they would grow organically with retained earnings (profits) and current cash flow. And consistent with previous polls by myself and others, only three percent chose the historical small business funding source: a bank loan.

    Ironically, this growth-by-bootstrapping response is a silver lining of the financial crisis cloud. As I predicted in 2009, in order for small businesses to survive the Great Recession they had to operate more efficiently while reducing debt, which produced two very important financial conditions: 1) a better cash position and 2) more profit. Consequently, it’s not surprising when almost 50% of respondents to this poll reported the ability to capitalize future growth with in-house resources.

    Unfortunately, small business retained earnings alone won’t take the economy from moribund recovery to robust expansion. That will require Corporate America to stop hoarding cash and start investing in the economy. The question is, when will Wall Street let them?

    Write this on a rock … Small business alone can’t fund an economic expansion.

    Jim Blasingame is author of the award-winning book The Age of the Customer: Prepare for the Moment of Relevance.