A Collection Of Small Business News For April 28

Reading Time: 2 minutes

This news and advice roundup is from BizEngine.

Restaurant Credit Card Sales Up

Good news first: Restaurant credit card sales are up! Bad news second: Every other type of “Main Street” small business has seen its credit card sales decline.

That’s the decidedly mixed report from BusinessWire, which has overall Main Street credit sales declining by 3.09 percent in the first quarter of 2011 over a year ago. In a tough lending environment where working capital* can be scare, any drop in revenues is ominous. Let’s hope it’s a temporary drop.

Business For Sale Transactions Rising

BizBuySell.com, which bills itself as an online marketplace for those buying and selling small businesses, finds that the sale of closed businesses rose 2 percent in the first quarter of 2011. However, sale price is down.

Unfortunately, any increase here points to more small businesses being sold, which isn’t necessarily the best indicator. It is encouraging to see some of them being bought and presumably re-opened, however, so we’ll call it a wash for now. This is a sector worth watching in the economic recovery.

Throw Off The Yoke Of The To-Do List

Your to-do list c an dominate your working life. It can also make you miserable if you don’t do everything on it in a timely fashion.

Reuters has some tips for effectively managing your list without wanting to rip your hair out. Chief among them is ensuring that you don’t stock your list to the gills with tasks you’d like to accomplish but know you can’t, which is a one-way street to Frustrationville. Attaching specific times and dates to tasks will ensure you stick to them more closely.

It’s key to leave yourself a little flexibility and time to breathe. You’ll be much more efficient if your stress level isn’t running too high.

Bonus: How’s Your Social Media Effort?

Why not take this handy quiz to find out?

Thanks for reading!


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*Working capital not available in the following states: AK, DE, ND, VT