Posts tagged business
President Obama signed into law a $30 billion loan find for small business. The law also provides $12 billion in tax breaks and tries to improve existing loans to small businesses that are backed by the U.S. Small Business Administration.
According to a Realtor.org article “The $30B Small Business Loan Law in Perspective : Speaking of Real Estate”, one concern that National Association of Realtors members have voiced, is that local community banks are not participating in the SBA loan program. In Lincoln, however, we have been approached by a number of local area banks who are ready to help small businesses get the financing they need. So we would encourage any small business looking to expand or buy a building, to look into the SBA program.
To read the full Realtor.org article, click here.
Rent discounts and other favorable conditions in commercial real estate markets make it a good time for expansion moves by businesses, a NAR report suggests. Read more…
(Source: REALTOR® Magazine-Daily News)
Rumors were flying around yesterday but was confirmed this morning as Sysco announced it bought Lincoln Poultry, a locally-owned food distribution company. No lay-offs are expected and plans are to expand Lincoln Poultry’s current facility at 800 Cattail Road near the airport.
Lincoln Poultry has been in business for over 50 years and distributed frozen and refrigerated foods, dry groceries, and various equipment and supplies to customers in a 12-state area. Sysco is a large national company with 186 distribution facilities nationwide serving more than 400,000 customers.
Top 10 ways to measure the progress of your new start-up company and if it can sustain you until your new venture gains traction. (Source: Forbes.com)
- Written business plan
- Realistic objectives
- Well-rounded team
- Qualified advisory board
- Working prototype
- Register intellectual property
- Obtain Letters of Intent or real contracts
- Personal investment
- Be an expert in the industry
The Internal Revenue Service issued new guidance to make it easier for small businesses to determine whether they are eligible for the new health care tax credit under the Affordable Care Act and how large a credit they will receive. To learn more, CLICK HERE. (Source: National Association of Realtors)
Lincoln was recently ranked 5th out of the largest 200 metropolitan areas in the U.S. for being one of the top communities for business and careers by Forbes Magazine.http://www.forbes.com/2009/03/25/best-cities-careers-bizplaces09-business-places_lander.html