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Despite political moves that have been making foreign businesses and investors in Venezuela nervous in the past few years, entrepreneurship has managed to survive. For many Venezuelans, entrepreneurship is a way of facing the prolonged political and economic troubles in many sectors of the economy, as the Washington Post article “With Chávez, Some Venezuelan Entrepreneurs See Opportunity” explained when the President won re-election.
When you speak with small business owners, many of them will tell you that access to credit remains a challenge. A recent survey from the International Franchise Association (IFA) found that 39 percent of franchisors reported that at least half of their franchisees had been unable to obtain necessary funding, either to open a new franchise or to expand a new one.
They are larger than amazon and have more users than ebay. Yet, most Americans have never heard of them. But this company’s implications for the global economy and the increase of human welfare to the world’s poor hold vast potential.
A couple years ago, Rep. Paul Ryan (R-WI) kick-started the conversation on deficit reduction with the release of “A Roadmap for America’s Future.” Since then, a number of organizations from varying ideologies have put forward their proposals to fix the nation’s fiscal crisis. The most notable of these were the recommendations made by the National Commission on Fiscal Responsibility and Reform, which was led by Erskine Bowles and Alan Simpson, in “The Moment of Truth.” While many of the recommendations differ, all sides tend to give Congressman Ryan credit for advancing his outline and stimulating the dialogue.
The Senate is expected to vote on April 5 on a 1099 fix resulting from passage of the Patient Protection and Affordable Care Act of 2010 (P.L. 111-148). Specifically, Section 9006 would require all small businesses that purchase more than $600 in goods or services from a supplier to issue a form 1099 for tax purposes to that supplier.
It is an important week for entrepreneurship around the world, especially here in China where we recently wrapped up the Kauffman Foundation-led Global Entrepreneurship Congress, bringing together impressive leaders in the field from over 100 nations. In addition to launching and recognizing more than 100 national campaigns to promote entrepreneurship through this year’s Global Entrepreneurship Week (scheduled for November 14-20), we have witnessed this week entrepreneurship as a burgeoning phenomenon from Chile to China.
SBA programs get an examination during a Senate hearing, while several hearings are on tap on the House side, including the second in a series for the House Committee on Small Business regarding reauthorization of SBIR and STTR.
Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week: The Changing Picture of Entrepreneurship (Bloomberg Business Week)...
One of the hot topics in Washington – at least among business interest groups – is the issue of regulation, or as many of them would suggest regulatory overreach. The U.S. Chamber of Commerce, for instance, has made this one of their top concerns this year...
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