Showing posts with label SBA. Show all posts
Showing posts with label SBA. Show all posts

Thursday, February 16, 2012

Census Bureau annual employment size of firm data

U.S. Census Bureau annual employment size of firm data (partially funded by the Office of Advocacy) on the number of firms, employment, firm births, deaths and job creation has been updated to 2009. As with the economy in general, small businesses struggled from 2008 to 2009. The over twenty-years of data presents opportunities to evaluate how small businesses have weathered business cycles.

Tuesday, January 31, 2012

State Economic Profiles 2011

The Office of Advocacy’s Small Business Profiles for the States and Territories supply data on small businesses in each of the 50 states and the District of Columbia. The publication also provides national-level data and limited data on the U.S. territories. The usefulness of the publication is the great detail it provides about small businesses at the state level. The following topics are covered: the number of firms, demographics of business ownership, small business income, banking, business turnover, industry composition, and employment gains and losses by size of business.

2011 Small Business Profiles for the States and Territories
2011 Small Business Profiles for New York State [PDF]

Tuesday, November 1, 2011

New Birth, Death, and Employment Firm Size Data

U.S. Census Bureau annual employment size of firm data (partially funded by the SBA Office of Advocacy) on firm births, deaths and job creation has been updated for 2008. Nonemployer data for 2009 was also updated and saw a decline from 2008 levels. See HERE for data.

Should you need further information, please feel free to contact the Office of Advocacy at (202) 205-6533 or advocacy@sba.gov.

Friday, June 24, 2011

Disaster Survivors Urged to Beware of Recovery Scams

WASHINGTON – The U.S. Small Business Administration is urging disaster victims seeking federal aid to be alert to scam artists posing as federal officials and to be cautious about any solicitations for fees to perform services that are available from federal agency staff for free.

In the wake of widespread flooding, wildfires and tornados in many areas across the country over the past few months, the SBA is particularly concerned about flyers that have appeared in tornado-damaged areas asking for non-refundable fees of up to $450 to help disaster victims fill out their loan applications and as much as $1,000 to verify losses and file loan applications.

Federal agencies involved in disaster recovery will never ask for a fee or payment to file an application for financial assistance or to inspect damaged property.

“Historically, natural disasters bring out the very best in people, and there are countless stories of the selfless acts of helpful neighbors and volunteers,” said SBA Administrator Karen Mills.

“Unfortunately, we have also seen in the past individuals who attempt to take advantage of people who need assistance. Disaster survivors should be vigilant in protecting their personal assets, particularly in the stressful environment of a disaster recovery.

“The SBA will not tolerate the defrauding of those who have already lost so much in the aftermath of these devastating disasters,” Mills said. “Those who are found taking advantage of disaster victims will be prosecuted to the fullest extent provided by law.”

If you suspect a person is posing as a local or federal agent, or encounter what you believe are fraudulent activities connected with disaster relief operations, contact your local law enforcement officials, phone the toll-free National Disaster Fraud Hotline at 866-720-5721, or send an email to disaster@leo.gov. The phone line is staffed by a live operator 24 hours a day, seven days a week.

To register for federal help after a disaster declaration, visit www.DisasterAssistance.gov, or call FEMA at 800-621-3362 (800-426-7585 for the speech or hearing impaired).

Disaster survivors may also visit one of the local recovery centers to get help with filing for assistance. To get help with the disaster loan application, contact the SBA by email at disastercustomerservice@sba.gov, or by calling 800-659-2955 (800-877-8339 for those with speech or hearing disabilities). Those affected by recent disasters may also file a loan application online by visiting SBA’s secure website at https://disasterloan.sba.gov/ela/.

The SBA makes low-interest, taxpayer-backed disaster loans to homeowners, renters, businesses and non-profit organizations of all sizes. More information about the disaster assistance program is available at www.sba.gov/disasterassistance.

Thursday, June 2, 2011

Small Business Quarterly Bulletin

Advocacy's Small Business Quarterly Bulletin, a brochure-style publication that contains commentary and analysis on the current employment and financing trends of small businesses, shows a positive first quarter of 2011 for small business. Small business employment and financing were turning the corner and trending up, thus joining GDP, which has been growing for seven quarters.

Thursday, September 2, 2010

SBA: Plan for Disasters During National Preparedness Month

WASHINGTON – In conjunction with the five-year anniversary of the
devastating Gulf Coast storms of 2005, the U.S. Small Businesses Administration is encouraging business owners, homeowners and others to create their own disaster preparedness plan during National Preparedness Month in September.

"There is a tendency to think that a large-scale disaster is not going to happen ‘where I live,’" SBA Administrator Karen Mills said. "The reality is that storms, floods, earthquakes, fires and man-made disasters can strike anytime and anywhere. Planning ahead for your own post-disaster recovery is a good step toward protecting your family, your business and your community."

SBA, along with many state, local government and private sector coalition partners are participating in this September’s National Preparedness Month.

To prepare for disasters, SBA offers the following tips:

•Develop a solid emergency response plan. Find evacuation routes from the home or business and establish meeting places. Make sure everyone understands the plan beforehand. Keep emergency phone numbers handy.
Business owners should designate a contact person to communicate with other employees, customers and vendors. Homeowners, renters and business owners should ask an out-of-state friend, colleague or family member to be a "post-disaster" point of contact, supporting the flow of information about short-term relocations, recovery, additional sources of assistance, etc.

• Make sure you have adequate insurance coverage. Disaster preparedness begins with having adequate insurance coverage—at least enough to rebuild your home or business. Homeowners and business owners should review their policies to see what is or isn’t covered. Companies should consider business interruption insurance, which helps cover operating costs during the post- disaster shutdown period. Flood insurance is essential. To find out more about the National Flood Insurance Program, visit the Web site at www.floodsmart.gov.

• Copy important records. It’s a good idea to back up vital records and
information saved on computer hard drives, and store that information at a distant offsite location in fireproof safe deposit boxes. You should have copies/back ups of important documents ready to take with you if you have to evacuate.

• Create a "Disaster Survival Kit." The kit should include a flashlight, a
portable radio, extra batteries, first-aid supplies, non-perishable food, bottled water, a basic tool kit, plastic sheeting and garbage bags, cash, and a digital camera to take pictures of the property damage after the storm.
More preparedness tips for businesses, homeowners and renters are available on the SBA’s website at www.sba.gov.

The Institute for Business and Home Safety (www.disastersafety.org) also has information on protecting your home or business. Additional information on developing an emergency plan is available at the federal government’s preparedness website www.ready.gov.

When disaster strikes, the SBA makes low-interest loans to homeowners, renters and non-farm businesses of all sizes. Homeowners may borrow up to $200,000 to repair or replace damaged real estate. Individuals may borrow up to $40,000 to cover losses to personal property.

Non-farm businesses and non-profit organizations of any size may apply for up to $2 million to repair or replace disaster damaged business assets and real property. Small businesses that suffered economic losses as a direct result of the declared disaster may apply for a working capital loan up to $2 million, even if the property was not physically damaged.

To learn more about the SBA’s disaster assistance program, visit the website at www.sba.gov/disasterassistance.

Release Date: September 1, 2010
Contact: Carol Chastang (202) 205-6987 Release Number: 10-49
Internet Address: http://www.sba.gov/news