Today in Small Business: What the Owner Takes Home

Written by MCJStaff   // October 22, 2013   // 0 Comments

politic365.com

By GENE MARKS

What’s affecting me, my clients and other small-business owners today.

The Economy

  • Existing home sales dropped 1.9 percent in September.

Retail

 Management

  • A San Francisco-based baby-sitting service that has expanded to a dozen cities has hired a former executive from Pandora to oversee its growth.
  •  More than half of small-business owners pay themselves a regular salary, according to a study from American Express OPEN. They take home an average annual salary of $68,000, down from $72,000 a year ago. In addition, nearly 15 percent of small-business owners need to work a second job while running their business to make ends meet.

Online

  • Yahoo, in its crusade to reinvent itself, is adding another item to its agenda: revamping its small-business, Web-hosting unit.

Cash Flow

Around the Country

  • San Francisco’s transit system enters another day of strikes.
  • New Jersey business groups oppose Jersey City’s mandatory paid sick leave legislation, but the notion is lost on one small-business owner.
  • An aspiring business owner who makes custom home décor and window treatments is participating in the Delaware Economic Development Office’s “Project Pop-up,” which identifies entrepreneurs and pairs them with property owners willing to provide three months of free rent in vacant commercial space.

Around the World

  • new report finds that the emerging economies’ share of Fortune Global 500 companies will probably jump to more than 45 percent by 2025, up from just 5 percent in 2000.
  • This is a map of what every country in the world supposedly does best.
  • Super smog hits a north China city.

Health Care

  • According to some experts the crucial moment when the health insurance exchanges need to be working is around mid-November or maybe Thanksgiving.

Technology


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small-business owners today

What’s affecting small-business owners


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