Sunday, July 18, 1999

SMALL-BUSINESS DIARY


Poll to ask if new rules affect credit

        Through the end of 1999, the National Opinion Research Center at the University of Chicago will be polling 6,000 executives at businesses with fewer than 500 employees.

        The 1998 Survey of Small Businesses Finance is conducted on behalf of the Federal Reserve Board. The survey's goal is to better understand how eco nomic and regulatory changes affect small firms' access to credit.

        The research center will randomly call U.S. businesses. Participants will be asked about their use of credit and other financial services and their experience in obtaining credit during 1998. Information will be collected about the firms' assets, liabilities, income and expenses.

        The board will publish the new study after all data have been collected and analyzed.

        For more information, go to www.federalreserve.gov/ssbf or http://norc.uchicago.edu/ssbf.

Extra charges seen from Web firms
        To small businesses wanting to use the Web to expand: Beware.

        Some companies claiming to provide free Web design and hosting services are billing for unauthorized services or ones with little value, say several organizations, the Better Business Bureau among them. The charges usually appear on phone bills or as direct invoices.

Networking best recruiting tool
        Having problems recruiting talent?

        Engage your workers to be networkers, Lander International Chief Executive Officer Richard Tucker told leaders of the country's 500 fastest-growing businesses at a conference.

        Mr. Tucker says that only a few years back, one of every four MBA candidates was recruited into the top five accounting firms. Today, it's one out of 11. Therefore, there is more top talent out there for the taking.

Business bookshelf
        Matt Weinstein, founder of Playfair Inc., an international management consulting company that presents innovative team-building programs, on being right (from Work Like Your Dog: Fifty Ways To Work Less, Play More, And Earn More, Villard Books; $22.95):

        “The greatest barrier to resolving differences between ourselves and other people is our need to always be right. Throughout the years, I have learned that being right is highly overrated. I'm not suggesting that it's great fun to be wrong, but being right isn't everything it's cracked up to be. Furthermore, when we're focused on being right, we're not very likely to engender a life of laughter and play. Being right is serious stuff, and many of us just don't know how to let go of it — even when it's standing in the way of our happiness.”

        — Hang Nguyen and Enquirer news services

       



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- SMALL-BUSINESS DIARY
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