Archive for March, 2010
U.S. Economy: Consumer Spending Increases as Incomes Stagnate
Yet another interesting article regarding the economy and its ability to bounce back. As I have blogged before, depending on who you talk to, the U.S. is either going broke, or we are slowly recovering. Naturally the U.S. economy will never be what it was where everyone had three cars, two houses, and of course…credit/debt. [...]
Why a $14/hour employee costs $20
This is a great reminder to business owners as well as employees that the costs associated with owning a business, or being employed is much more than we think. This article talks about the extra amount employers pay to keep a human employed. I call it labor burden, which is all the “other stuff” your [...]
Where to get start-up cash now
Bank credit is scarce and investors are skittish, but that didn’t stop these 6 startups. They found creative ways to raise cash during the downturn. This is an interesting article being that there are so many negative stories about this economy but there also are people out there starting businesses. Whether it’s in their garage [...]
Family Ties Can Put Companies in a Bind
This is classic. As much as the U.S. economy revolves around small businesses, most small businesses are owned and operated by families. Whatever the combonation, father & son, husband & wife, brother & sister, brother & brother, cousins etc, etc, it never surprises me to hear of a business going under because of a sibling [...]
Health care reform: How it might work for real people
So, it’s done. The health care bill was signed by President Obama this morning. Now what? There are so many positves and so many negatives to this bill and now that it is finally signed, what is really going to happen? Who do we listen to relative to how it’s going? What do we complain [...]
Health overhaul promises pain, gain for businesses
Health bill will squeeze industry profits but holds promise for long-term gains Matthew Perrone, AP Business Writer WASHINGTON (AP) — When historians write the book on how President Barack Obama’s health care overhaul became law, they’ll need to leave space for some unlikely advocates: lobbyists for the drug, insurance and hospital industries. Last summer, executives [...]
What health care reform means for your business
There has been tremendous debate about this health care issue that I actually am confused. I’m not really sure I understand the good and the bad about this bill so I will remain tight lipped until I understand more. I do find it interesting that there is such passion for bill negative and postive but [...]
Become an Allectus fan on Facebook
Log into your facebook account and do a search for Allectus / Luis Luarca and become a fan! www.facebook.com There are valuable and important business posts as well as other important economic and business related comments, opinions, insights and discussion on the Allectus fan page. Our goal is to use the Allectus / Luis Luarca [...]
Bank Failures Threaten Small-Business Lending
This is a telling article about how tough it is for small and mid-sized businesses out there, but it goes to what I have been presenting for about two years now. It is possible, because I do it all the time with clients, to manage a business without the need for loans or accessing credit [...]
Slowly, Americans are regaining their lost wealth
This is an interesting article related to this economic bounce back. I have always said that good or bad news about the economy depends on who you talk to. Some people are so angry and yet, some are tickled pink for their own reasons. This article is stating the fact the some of us, and [...]