With the changing economy, medium to large-sized law firms have been shedding staff as clients reduce their needs and legal budgets. In California alone, the State Bar Association recently stated that “too many attorneys are graduating from law school” and that the industry could not afford to support the number of new entrants into the marketplace.
An abbreviation for Interactive Voice Response, an IVR system is the automated greeting we hear when we call many businesses. You know, “Press 1 for sales, 2 for support…”
While it’s a relatively old technology, the emergence of all things “in the Cloud” mean small businesses (and I mean really small businesses – the kind that fit onto 4 wheels) can have an IVR system that’s super cheap and very easy to set-up and change.
Tricia Fox on the Huffington Post writes that –
“Amy Winehouse’s Untimely Death Is a Wake Up Call for Small Business Owners”
Jessie Thomas of Forbes.com interviewed Ekaterina Walter, Intel’s Social Media Strategist, and surprisingly the topic was about how small businesses could leverage social media given their limited resources. A fascinating interview and Ekaterina drops some helpful resources as well.
>> Check out the Forbes post here.
In an industry crowded by giants like Starbucks and Peets, Phil Jaber of Philz Coffee has garnered a loyal and growing base of fans in the San Francisco Bay Area. Watch the inspiring story of how one small business owner turned his passion into a brand.
Finally! The U.S. Treasury announced it has given $123 Million as part of the first phase of capital provided by the SBLF (Small Business Lending Fund).
“Expanding access to credit for small businesses will provide a powerful spark for growth and job creation,” said Treasury Secretary Tim Geithner. “These funds will help ensure that more Main Street entrepreneurs have the opportunity to expand their businesses, invest in their local communities, and create new jobs.”
So far, however, the only bank to lend any money to a small business is Community Trust Financial Corporation of Ruston, Louisiana. Come on folks, small businesses are the cornerstone of turning our recession around, let’s get lending!
Some businesses are eternal (florists, attorneys, doctors) yet others are timely in that they have to wait for the right moment in society and economics (and Government) for their businesses to be in a position to thrive. Randy Kaufman of Next Energy is such a man in such a business.
In our second review of our 3 part series of how small business owners can accomplish start-up development tasks affordably, we take a look at mechanicalturk.com.