Friday, March 16, 2012

MBR: Cash mobs provide boost to small businesses | Micro ...

by Jason Keith on March 16, 2012

Every Friday, we highlight five articles we think you?ll find interesting. This week?s Micro Business Roundup features tips on ?cash mobs? and how they are impacting small businesses, as well as a look at how rising fuel costs are hitting small business owners in the pocket.

Cash mobs? descend on small businesses ? This is a new phenomenon in various cities across the country.? Put simply, organized groups are flocking to small businesses to spend money to support the local economy and create a greater sense of community. Modeled after ?flash mobs? which became popular with everything from dance routines to protests, this group is focused on spending and raising awareness for small businesses.

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Small business legislation hits snag in the Senate: Despite everyone in America touting the fact that small businesses will help pull the country out of the current economic malaise, legislation designed to help small business owners get financing seems to have hit a snag, according to Businessweek.

Rising fuel costs are burning small businesses: According to a recent study conducted by the Small Business & Entrepreneurship Council, 72% of small businesses are feeling pain because of high gas prices.? Small businesses are cutting employee hours or raising prices to keep up with the affects of rising gasoline costs as well.

Small business owners have no clue how to retire: As we?ve written about in the past with regard to micro businesses and retirement, a recent survey has found that the majority of small business owners are ?clueless? about retirement.? The ?Small Business Owners are Unprepared for Retirement? survey from the American College found that in addition to not having pensions or 401(k) plans, an additional one-third of small business owners have failed to estimate how much it will actually cost them to retire.

How to take a vacation from your small business: A recent story in the San Francisco Chronicle takes a closer look at how small businesses can and should take a break from their business while ensuring that it still continues to operate at a high level.? Having a well built infrastructure as well as outsourcing can be ways in which a small business can take a step back and enjoy life outside the business.

When was the last time you took a vacation? Are you taking one this year?

Source: http://microbusiness.vistaprint.com/2012/mbr-cash-mobs-provide-boost-to-small-businesses/

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