Staples Names Sen. John Kerry Small Business Champion of the Year
Staples Names Sen. John Kerry Small Business Champion of the Year
Article by Kari Larson
This week, Framingham, Mass.-based Staples Inc. honored Sen. John Kerry [D-Mass.] with their Small Business Champion of the Year award for his 23 years of service in the U.S. Senate on behalf of America’s 27 million small-business owners — including Massachusetts’ 650,000 small businesses. Kerry chairs the Committee on Small Business and Entrepreneurship.
“I’m deeply honored to receive this award from Staples,” said Kerry. “I’m working everyday in Washington to do just what we ought to do: level the playing field for small businesses, and foster innovation and entrepreneurship — from Brighton to Boston, and from Salem to Springfield.”
Staples, which began as a start-up in Brighton, Mass., in 1986 with 42 employees, used the Small Business Investment Company [SBIC] program, managed by the Small Business Administration [SBA], to fund its initial expansion. That investment helped spur Staples’ growth to become one of the largest office products suppliers in the world.
“Staples is a tremendous small-business success story,” Kerry noted, “demonstrating the power of a public-private partnership that uses a federal small-business financing program to bolster the good idea and hard work of an entrepreneur.”
Sen. Kerry was recognized for his leadership efforts to get several small-business initiatives signed into law last year. Among his achievements: Winning legislation to increase funding for core small-business programs; expand energy efficiency resources; secure permanent funding for successful Women’s Business Centers; e.g., the Center for Women & Enterprise, in Boston, Worcester and Providence, R.I.; increase funding for small firms to develop military projects; and restore transparency to the Transportation Security Administration’s contracting process. Presenting the award on behalf of Staples was Mike Miles, company president and chief operating officer.
This year, Kerry will continue to work on behalf of Massachusetts small businesses and entrepreneurs around the country by fighting to reduce health-care costs, increase access to capital, foster green technologies, and boost energy efficiency. He also aims to expand access to federal contracts – especially for underserved communities, including women, minorities and veterans.
SOURCES: Staples Inc., U.S. Senate Committee on Small Business and Entrepreneurship
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Tags: American Express, Boston, Brighton, business, capital, Center for Women & Enterprise, contract, contracting, efficiency, energy, entrepreneur, entrepreneurship, federal, financing, Framingham, funding, green, health care, initiative, innovation, innovative, John Kerry, legislation, Massachusetts, Mike Miles, military, minorities, office products, OPEN, partnership, Providence, public-private, Rhode Island, Salem, SBA, SBIC, small business, Small Business Administration, Small Business Investment Company, Springfield, Staples, start-up, startup, supplier, technologies, technology, transparency, Transportation Security Administration, TSA, underserved, U.S. Senate, veterans, women, Women’s Business Centers, Worcester
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? 2008 Kari Larson. All rights reserved.
Kari Larson, editor and publisher of GoodBiz113, is committed to showcasing small-biz policies and partnerships that serve the greatest possible win-win-win good.
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Question by : Can Small Business get ISO 9001 Certified?
The pressure comes from industries like automotive, medical and environmental for their subcontractors to become registered. The customer to such small companies adds to the dilemma by requesting certification as a token of trust and reliability. These days it just seems like a double whammy.
A small business as understood by department of commerce is one that employs less than 500 people. That means a Machine shop to Sheet metal manufacturing all come under the umbrella of Small Business. For a relatively bigger organization it becomes easily justifiable to get certification and seems a viable option since most of the companies recover their investment in 3 years (studies from McGraw Hill and Dun & Bradstreet) but for a machine shop which does the contract and specialty work for one of these bigger companies is hard since their main product/service is that machine which they have invested in. With few resources, fewer incentives and inconsistent contracts pouring in, smaller companies have tough time justifying the cost and effort for registration.
This equipped with the common knowledge that it takes about $ 10,000-$ 25,000 approximately to get certified and retain certification in subsequent years. These figures are all dependent on the size of company, number of employees they have and number of factors but largely the size of company. Since a small company has few employees and few operations, its quality process will be a lot simpler and less expensive. The result of registration is felt more in a small company due to fact that its resources are more streamlined.
As a small company it is difficult to run business with competition coming from a lot of manufacturing gone to developing countries. This along with the financial instability, limited resources & manpower, training requirement, software upgrades makes registration an unattainable dream. Although there are a lot of obstacles in path to get registration for small organizations, there is a plethora of resource to achieve the goal. Since the limited number of resource is the biggest challenge getting external help is viable option but choosing a consultant with knowledge and understanding of your requirement is a critical step.
Just like the first step to shed the extra pounds is the most critical so is this step but once an organization is committed to follow the path all the obstacles become learning curve and all the myths debunked.
Best answer:
Answer by Synchronous
The ISO 9000 standards are a set of standards, technical specifications, technical reports, manuals and web-based quality management. There are about 25 documents in the collection in conjunction with new or revised documents are being developed on an ongoing basis.
What do you think? Answer below!
Small Capitalization Stock Investment Opportunities
Small Capitalization Stock Investment Opportunities
Most folks on Wall Street and in the media don’t focus on small cap stocks. They’re less valuable, more unknown companies, they typically don’t involve significant sums of money, and they aren’t as exciting as the larger available stocks to invest in today.
Many experts have made the claim that the lack of focus on small cap stocks is unwarranted. Some claim that small caps are a better investment opportunity. In addition to increased chance of growth comes increased odds for loss. When choosing if small caps have a home in your portfolio be open minded..
Small cap stocks is the Wall Street slang for companies that typically have a less significant market capital presence (Usually between $ 1.5 million to $ 150 million. Exact definitions vary.) Market capitalization is the price of a stock multiplied by the total number of shares that exist.
It’s just the total worth that is placed on a company.
Large caps are more exciting because some investors because they are more reliable and safe. The over arcing belief is that blue chip stocks are powerful and stable. But like Enron, that isn’t actually true. Risk runs throughout the stock market, and with lessened risk, comes lower growth. It might have taken a small stock like Wal-Mart to double in value, but for them to double again, now as a large stock, would be almost impossible.
This is where a small market appears for small time individual investors. Small cap investments do exist and offer benefits for investment. If you get in on the ground floor, the opportunities for growth are always there while larger investors can later pick the same stock and buy.
Joe Duggins is an investment professional with 15 years experience in financial advising. He currently writes financial advice articles for the web site http://www.investingmoneyinvestment.com where you can learn more about personal finance, investment, and savings.
Categories: Small Business Investment Company Tags: Capitalization, Investment, Opportunities, Small, stock
Online Small Business Startup Without Investing Cash
Online Small Business Startup Without Investing Cash
One place you can easily succeed with a small business startup is on the internet. Some people think that the internet is meant for the already established companies, but that is not the case. Today, average people are making it big with great business ideas. To top it all up they are doing so from the comfort of their home. The big question you may ask is, how and what do I need to launch a small business startup online?
Research is very crucial if you are to succeed doing business online. Whether you have cash or not, choosing a niche to venture into will determine your success. The internet is all about content; it would be advisable to go for a niche that is not so competitive. Once you have decided which field you will venture in, then you can start working on having a website and if you do not have cash then you can launch a blog.
Many think making money online is about having a huge capital, but you can have a small business startup without investing a single dime.
With a site like Blogger.com you can create a free blog and then post content that is helpful to your market niche. Learn for the experts how to optimize your blog so that search engines can rank you high. Once you have content you can then monetize your blog.
Monetizing your blog is easy and free; there are great sites like ClickBank and PayDotCom where you can pick affiliate products to sell on your blog. You can also include Google Adsense links and make money as people click on these advertisement links. Amazon is also a site where you can load products that are related to your content.
All these are free to enroll and install thus making small business startup online very easy.
Though you will not require money to invest in such an online business, there will sure be a price to pay. You will need to invest time in learning free online marketing strategies. Hence working hard and possessing a strong determination to make money online is paramount.
Follow the links below to harness more insightful tips on online small business startup.
Stephen shares authoritative and quality content on Small Business Startup tips. His website shares Money Making Ideas and proven Online Business Strategies. Visit his informative and insightful website at Make Money Online Secrets and learn more…
Question by MartyHwd: Need to open a Simple IRA-which investment company is the best?
I own a small business and my account has advised me to open a simple IRA for me and my wife.
New to investing stuff, have spent years sending kids to college. Now its time to save for retirement
need help!! I have focused my life on my business and investing and retirement plans are something I know nothing about. Time is now to get started.
Best answer:
Answer by Lincoln6
T. Rowe Price for no-load (no commission) funds and IRAs of all varieties. Talk to an adviser there regarding what’s best for you. 1-800-225-5132.
Add your own answer in the comments!