In a data point that might surprise, about 56 percent of Pennsylvania small businesses do not have a website. Since 97 percent of people research local products and services online, choosing not to have a website puts those companies at a significant disadvantage. Getting companies to build a website to promote and grow [...]
2012: The Year of Manufacturing?
Let’s start the year by debunking one of the greatest myths about Pittsburgh’s regional economy – that manufacturing is dead and has been replaced almost entirely by “eds and meds.”
Back in August 2011, PRA Market Research VP Jim Futrell wrote of the strength of the manufacturing sector in Research Roundup, the [...]
In order to best focus the goals of the Impact initiative, we regularly meet with executives from growing companies to better understand their needs and challenges. Recently, we had the chance to sit down with executives from two of these companies: Janice McGee, president of The Empyrean Group; and Ted Ford, CEO [...]
News Flash: the Small Business Administration has adjusted its CAPLines lending program to address the critical issue of the availability of loans to fund working capital. This is incredibly good news, and addresses a need that I and others have complained about since working capital loans dried up [...]
In a good mood just before Thanksgiving, I was brought down a notch when I read an article in the Post-Gazette that discussed how large banks are still uncomfortable with lending to small businesses (see: Big banks still loath to lend to small firms). The article is best summarized by the following quote:
[...]
Business and Government Leaders Take Note of Pittsburgh Impact
Last week gave us at the Pittsburgh Regional Alliance the opportunity to directly connect with prominent leaders within Small Business Administration, as well as the President’s Council on Jobs and Competitiveness. It has been exciting to learn more about the strategies driving the policy that is being implemented to help with [...]
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