Small business weekly: Bouncing back, with no signs of slowing down

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Small business weekly: Bouncing back, with no signs of slowing down

By J.D. Harrison
The Washington Post
July 7, 2014

By J.D. Harrison July 7

A review of the biggestsmall business and startup stories from the past week, with a special focus onWashington.

Bouncing back: Small businesses added117,000 jobs in June, a 60 percent increase over their average for the firstfive months of the year and the fastest pace of hiring since early 2012,according to the latestnumbers published last week by ADP. (WP)

No signs of slowing down: The National Federation ofIndependent Business last week reported that the number of owners who plan to rampup hiring continued to increase last month and is now "approachingnormal levels for a growing economy." (MW)

Owners dread losing Ex-Im: Should the federalExport-Import Bank's charter be allowed to expire this fall — which looksincreasingly likely — several local business owners say the consequences could bedevastating for their companies. (WP)

Obama stops by tech hub: President Obama paid a surprisevisit to D.C. start-up incubator 1776 last week on the even ofIndependence Day. During his visit, he urged Congress to take action on pendinglegislation — including immigration reform. (WP)

Curriculum change: The Small BusinessAdministration last week kicked off a reboot of its Boots to Business program,an entrepreneurship education course for returning soldiers, with a trainingsession for veterans last week at the White House. (SBA)

On the chopping block? Started in 1990, theComprehensive Subcontracting Plan Test Program is a research program run by theDefense Department to test ways to get large contractors to pass more work tosmall firms. However, it's days maybe numbered. (GE)

To view full article, clickhere: http://www.washingtonpost.com/business/on-small-business/small-business-weekly-bouncing-back-with-no-signs-of-slowing-down/2014/07/03/4cc50896-02df-11e4-b8ff-89afd3fad6bd_story.html

 


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