David Kirkpatrick

June 16, 2010

Some tax relief looming for small business

The tax relief package has comfortably passed the House and hopefully will finally make life a bit easier for startups and other small businesses.

From the link:

The bill, which would eliminate capital gains taxes on investments in small businesses, passed on a vote of 247-170.

It is a companion bill to legislation backed by President Barack Obama that the House is to consider on Wednesday. That bill would create a $30 billion fund to encourage community banks to lend to small businesses.

“Small businesses need capital to create jobs and lead our economic recovery and these bills contain important tax cuts and lending opportunities that will help give small business owners the resources and flexibility they need to help their businesses grow,” said House Ways and Means Committee Chairman Sander Levin.

The bill gives small businesses a bigger tax break on start up costs and creates a program to help small businesses struggling to repay loans.

February 20, 2009

Blogging and small business

Filed under: Business, Media, Technology — Tags: , , , , , — David Kirkpatrick @ 2:24 pm

Blogging, Twitter and other Web 2.0 tools can be a real boon for small business, but it’s important to have a solid plan and stay with the plan. Unless a small business owner has a lot of time to devote to social media, or has staff in place that can fill the role hiring a professional writer to ghost blog is not a bad idea.

The business owner can stay on top of the subject matter covered and frequency of blogging while the ghost blogger can focus on solid, SEO content posts and stay of abreast of the rapidly changing Web 2.0 world.

From the MainStreet.com link:

Blogs have blown up. So how does blogging fit into your marketing strategy?

First, the eye-popping statistics. There is a total Internet audience of 188.9 million worldwide for blogs, according to comScore, and eMarketer says half of all readers are in the U.S. By the end of 2009, there will be 28 million bloggers in America and 116 million readers, eMarketer projects.

Some demographics: Readers of blogs have household income of $75,000, meaning upper-middle class, according to Technorati. Half of all bloggers are on their second blog, and 59% have been posting for at least two years. In addition, two-thirds are male; half are 18 to 34 years old; 74% have college degrees; and 44% are parents.

One interesting stat that caught my eye: Fewer than 1% of readers have incomes in excess of $150,000, which tells me the following: Decision leaders aren’t typically reading blogs, and the very wealthy are not reading blogs