| December 22, 2009 | News for women business owners |
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| Top Story |  | |
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- Report: Women business owners will create up to 5.5 million jobs
A new study by the Guardian Life Small Business Research Institute suggests that by 2018 women small-business owners will create between 5 million and 5.5 million new jobs in the U.S. The businesses women run now account for 16% of all jobs and the research indicates they will create one-third of the new jobs as the nation comes out of the recession. Guardian bases the forecast on faster rates of women-owned businesses, higher college graduation rates of women and anticipated growth among industries dominated by women. Gaebler.com
(12/17)
| Business Trends | | |
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- 10 trends to satisfy customers in 2010
Outstanding customer service should be the top priority of 2010 in order to sustain growth, Barry Moltz argues. Among his new year's customer-service-improvement trends: Employees who want to keep their jobs will try harder to satisfy customers, IT tracking will enable personalization and companies will improve their response to complaints on social-media sites. Small Business Trends
(12/15)
- Women-owned franchises seen as "untapped" resource
While franchising continues to be dominated by men, the ranks of women in the sector are growing, reports The Franchise Magazine. "Women-owned businesses contribute one-fifth of all small business output and represent a vast untapped resource for the franchising sector," said Clive Sawyer, chairman of Encouraging Women into Franchising, a new group dedicated to recruiting women and expanding their franchises. The Franchise Magazine
(1/2010)
| Small Business Spotlight | | |
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| Social Media Buzz | | |
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- Turning social media into a sixth sense
The "Holy Grail" of social media isn't real-time search, but "ambient streaming," argues Edo Segal. Over time, Segal argues, social media will evolve into a virtual sixth sense -- a constant, seamlessly immersive flow of information, passively filtered to meet our needs without overwhelming us. "It may sound like science fiction, but there are engineers and entrepreneurs out there already trying to make it fact," Segal adds. "We will be seeing the first swells of this coming tsunami in the years to come." TechCrunch
(12/20)
| NAWBO (R) News | | |
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"Make Mine a Million Dollar Business" Competition
NAWBO partner, Count Me In for Women's Economic Independence, invites you to apply for the "Make Mine a Million Dollar Business" Competition. If selected, you will be able to pitch your business to a live audience of potential partners, investors and clients and win a package specially designed to develop your business to earn million-dollar revenues.
 | Membership has its privileges — like a community of women who understand you and your business needs; sponsors who want to help you sell your product and grow your business; a representative voice in public policy about issues that matter to you and effect your business each day. Join NAWBO today and experience all our organization has to offer. |
| Weekly Poll | | |
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Do you plan to give your employees holiday bonuses or gifts this holiday season?
 | Yes -- a bonus |
| Yes -- a gift |
| Yes -- both |
| No -- but we are planning to do something special for our staff |
| We don't plan to do anything special this year |
| Technology | | |
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- Consumers are using mobile apps to aid holiday shopping
Consumers are accustomed to using the Internet to research purchases. Now they are using mobile-phone apps to find the cheapest prices and the closest store with that perfect bauble in stock. This holiday season marks the first time apps such as ShopSavvy from Big in Japan and Where to Shop from TheFind are having a big impact on consumers' decision-making processes. The Wall Street Journal
(12/16)
| Best Practices | | |
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- 4 tips for welcoming a new hire
The first 90 days in the life of a new hire are critical in making the employee feel like he or she belongs in the organization and expedite how fast he or she can produce results, says Laila Rossi, CEO of Platinum Solutions in Reston, Va. Rossi offers four strategies for managing a new hire: Engage the person in conversation frequently, have an open-door policy for all staff, require a manager review after 90 days and sponsor team-building get-togethers. BusinessWeek.com/Today's Tip blog
(12/18)
- In ringing in the new year, contact old customers
Customers who bought from you in the past, but who aren't frequent buyers, may represent an untapped source of business. The end of the year is a good time to look back on those customers who have come along over the years and make contact with them to reintroduce yourself. AllBusiness.com
(12/18)
| Policy Update | | |
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- Women's Chamber of Commerce supports creation of CFPA
The U.S. Women's Chamber of Commerce has come out in support of the creation of a federal Consumer Financial Protection Agency even though the Chamber of Commerce and some other business organizations oppose it.
Margot Dorfman, CEO of the women's business group, said she believes the federal agency would protect small businesses. "Business owners and consumers need the security of knowing that the costs and risks of financial products, services and lending are fully and fairly disclosed." American City Business Journals/Washington, D.C.
(12/21)
| Lifestyle | | |
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- More consumers buying, selling at consignment shops
Adele Meyer, executive director of the National Association of Resale & Thrift Shops, says her industry is growing by about 5% a year and consignment shops in particular have increased in number. "People are looking to sell their clothes for money," said Nadine Isaacs, owner of 2nd Time Around Consignment Boutique in Okemos, Mich. "Everyone is looking to save a dollar any way they can." The Lansing State Journal (Mich.)
(12/21)
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| About NAWBO® |
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