The World Business

Posts Tagged ‘US’

Small business grants are a boon for businessmen eager to start their small but significant business. However many people are unaware about these types of grants and are confused about the myriad of information they get from friends and well wishers.

However, to get accurate information about these business grants you can rely on the internet you can get a lot of information on the net on small business grants. There are links that can provide you information on government grants and assistance too. These links can also enable you to find the small business grants schemes that are available in your own hometown.

Useful accurate details

There are no direct small business grants that you can get from the federal government. However, there are state development agencies which can offer you some direct small business grants. There are also other types of financial assistance which is provided in order to encourage and also to assist the entrepreneurs to start or to expand small businesses.

Some useful links

You get to have an access to a list of links to each state’s economic development agency sites. So, when you have time, you can go through the links to find about the specific financing resources. The federal government through SBA can offer you with a host of attractive loans to start and also to expand a small business. You get to know on the funds and grant that are offered to you from the site.

What is SBA?

SBA is the US small business administration. It has helped and assisted lots of Americans to form small businesses. At the present scenario, the SBA offices in each and every state provide and assist you with information on financing, planning, and training and also on advocacy for the small firms. In addition to this, SBA also works with many people with right to lending, training and educational institutions throughout the nation.

Financing your business

There are a lot of sources which can help you locate some sources of small business finance from the federal government. You get to see the small business grants and loans on such site. There are also offer of small business guide to the government grants and loans on the site for you. You get to know how to get the government loans, venture capital and grants for your small business.

Innovation grants for green technologies

There is also innovation of grants for the green technology development on the site which you get to preview. Through this link, you get to know about the financial assistance for small businesses that can develop green technologies.

Are small businesses worth for getting the grant from the government?

In America, there are around 25 million of small businesses that employ around fifty percent of private work force. Such business can generate more than half of the country’s gross domestic product. This way, such small businesses are the principal source of new jobs in the economy of US.

Can SBA help a person for the grant facility?

Of course, if one’s business is at present or will be owned independently and also operated, the SBA can help that person. Also, if the business is not dominant in the field and meets all the business size standards that are required, then also the SBA can help the person for the grant.

The problem with most every home business is it's either too expensive to set up, takes too long to begin showing a profit, or the "learning curve" is just too difficult or too time consuming for the average person.

Even worse, a lot of offers related to home business that you find in magazines, your mail, and on the Internet are outright rip-offs. That's not to say they take your money and don't deliver the product. They deliver the product all right; it's the product that doesn't deliver. Why? Because the home business "program" was designed to make money for the vendor, NOT the purchaser.

In 2002, there were approximately 23 million small businesses in the United States according to the US SBA (Small Business Administration). Small businesses have now come to play a vital role in the US economy creating over two-thirds of new private sector jobs. Small businesses also employ more than half of all workers and account for more than half of the output of the economy. In fact small businesses represent more than 99.7 percent of all employers, pay 44.5 percent of the total US private payroll and generate 60 to 80 percent of net new jobs annually.


The SBA defines a small business as an independent business having fewer than 500 employees. However this is standard varies from industry to industry and firms who wish to be designated as a small business must meet standards specified by the SBA Office of Size Standards.

When most people think of small businesses the first thing that comes to mind is a small firm with few employees. However this perception of a small business is completely wrong. Many small businesses are actually quite large with a number of employees working in different administrative, clerical and executive positions. Small businesses range from an import/export company to a web designing firm to an online merchant account.


Small business administration jobs

Small businesses offer many types and forms of jobs from administrative posts to entry level positions. Working in a small business can be a great advantage as it:

* Offers frequent contact with top and higher level management.
* Gives employees a greater sense of personal involvement.
* Leads to broader work experience.
* Provides better opportunities for on the job learning.
* Provides jobs more tailor made to persons talents.
* Provides faster promotion and personal growth opportunities.

Some small business administrative jobs include:

* Data Entry Clerks

Data Entry Clerks are sometimes called database administrators as well. They play a key position in a small business organization and are primarily responsible for updating, maintaining and retrieving information especially in computer systems. They also transfer paper-based records and information into a spreadsheet or database. The basic work of a data entry clerk involves entering details of new clients; maintaining a client database, transferring paper-based results to a computer; and so on. Data entry clerks are employed in sales and marketing organizations, banking firms, medical organizations and educational institutions.


* Receptionists

Receptionists mainly deal with members of the public, who could be prospective or current clients, or visitors of a small business. Their main job entails providing front desk customer support with answers to queries, and directing visitors/clients to the person they need to see. Receptionists also organize appointments and take bookings as well as keep the reception area tidy, organize reading material and provide refreshments. In smaller firms with not many clientele receptionists also perform a wider range of tasks such as answering the switchboard, take messages, dealing with telephone enquiries, and doing some basic clerical work. They may also handle petty cash and do simple bookkeeping.


* Secretaries/Administrative Assistants

Secretaries are sometimes known as administrative assistants especially in small businesses where their job descriptions overlap one another. They provide administrative support to one or more people in an organization. Though their duties and responsibilities vary according to an employer, their main duties include: using word processors, spreadsheets and databases, answering the telephone, dealing with public enquiries, making appointments and keeping diaries, preparing and distributing papers, documents and files for meetings as well as taking minutes of a meeting, dealing with all incoming and outgoing mail, drafting letters and other essential documents, transcribing important confidential information and maintaining a filing system for the entire office or department. Well-qualified secretaries, can compile accounts, control budgets and present reports.


* Executive Assistants
Executive Assistants usually provide direct support to the Chief Executive of a company and executive staff members. They ensure that CEO remains organized and informed at all times. An executive assistant handles confidential company information as well as manages executive calendars and complex travel arrangements. They interact with high profile clients and corporate executives and co-ordinate company meetings and events.


* Other essential duties and responsibilities include:

o Providing executive administrative assistance to CEOs and executive staff.
o Managing, arranging and scheduling meetings, conference calls and web conferences, as well as making business travel arrangements.
o Composing memos and office correspondence as well as proofreading all forms of communication, and maintaining confidential documents.
o Composes and assists with presentation materials.
o Creates and maintains database spreadsheet files and reports.
o Maintains and creates Confidential Disclosure Agreements.
o Provides investor relations support; distributing press releases and coordinates and compiles literature for meetings and conferences.


* Operations Manager

An operations manager is involved in the day to day management of a small business, when the CEO or GM is not available. Their key responsibilities include; supervisory duties of the entire office staff, maintaining personnel records and confidential files, supervising daily office business when the CEO is unavailable, and so forth. Operations managers are also involved in purchasing, hiring, training and quality control in a company. Their job description varies with each industry; however they work in close contact with the CEO or GM of a company and are usually involved in work policy formulation, salary issues, and manage the day-to-day activities necessary to operate an effective business.

Day Forex Trading Tutorial

The meaning of the term Forex should be clear when anyone wants to take up Forex trading tutorials. Forex simply refers to dealing with currencies of different countries by buying and selling them. It uses two currencies in the buying and selling activity. You can buy Euro by selling US dollars. Generally these dealings are done by brokers.

It may come as a surprise that you need to learn the aspects of Forex in depth before you take it up. Forex trading is done in the market and the nature of the market remains the same like share market, unpredictable and volatile. Forex tutorials are necessary because it will teach you to analyze the fundamentals of the Forex market.