Thursday, January 8, 2009

Small Businesses Weather the Downturn

The New York Times has a great two-part video on how three small businesses are weathering the economic downturn. Check it out here: http://video.nytimes.com/video/2008/12/27/nyregion/1194836413339/small-business-weathers-the-recession.html
Owners of a New York butcher shop, bicycle manufacturer and movie tourism service talk about the hard realities of keeping business alive during the down economy.

James J. Hill Library's business website -- www.biztoolkit.com -- provides small business owners with quality links and an up-to-date library of original research as well as journal articles. Here is the link to 3 Perks that Work in Lieu of Raises: http://www.bizinfolibrary.org/index.cfm/article/3-Perks-That-Work-in-Lieu-of-Raises. Biztoolkit's Biz Info Library is a service from the entrepreneurial experts at the Ewing Marion Kauffman Foundation, the Edward Lowe Foundation, and the James J. Hill Reference Library. Registration is free, quick, and easy. Check out their other small business publications.

Also check the Library for recent business articles--use two databases: Business Source Premier and Small Business Resource Center--both of which have up-to-date journal and trade articles on the financial crisis, recession, economic downturns and small businesses. Link here: http://library.fcgov.com/adult/business/. Go to the "databases" section on the right.