Small Business Economics

CIT, a leading lender to small and midsized businesses is struggling. Should we let them fail? Our take is that they are too important to fail because their failure will be a painful blow to a small business economy that is already ailing.

A proposed small business bailout plan is just what the doctor ordered for this ailing economy. We take a look at the new small business stimuls program.

We've been doing a little thinking about how helping the small business economy can save the economy in general. It's armchair economics to be sure, but it makes sense.

Understanding the pushes and pulls of supply and demand can enable you to create a business model suited to your company's strengths. This article briefly goes over how simple economics can play a real life roll if your business planning.

We review the theory of markets and discusses their structure in more detail. There are different kinds of markets, and they perform significantly different functions for the economy.

The concept of comparative advantage is one of the most elegant concepts in economics and can be used as a powerful analytical tool by the entrepreneur. This article will help you understand how comparative advantage works through examples.

The concept of opportunity cost is central to economics and economic thinking. Understanding opportunity cost will help you determine the true value of decisions.

This article briefly goes over the fundamentals of economics so that as a small business owner you can understand the forces at play in the market place.

The industry in which you decide to enter can have a strong bearing on the profitability of your entrepreneurial venture. Knowing which industries generate the greatest profitability and how and why those profits are generated can help you determine which industries are the most attractive to enter based on your skills and knowledge.

How sensitive are the consumers to price changes? This article will help you understand how the price elasticity of demand works.

New research from the SBA suggests that small businesses are poised to play a big role in economic recovery.

As the time changes, demand for different products changes. As an entrepreneur, you want to stay one step ahead of the herd. This article will help you understand the determinants of demand.

Basic economic concepts are tools every entrepreneur should be familiar with. What is economics and why is it important for entrepreneurs? Read this article to find out.

As an entrepreneur and as an economic agent, there are three basic economic questions you should ask when deciding how to allocate scarce resources

Take a look at the major economic growth theories and how they measure up to real-life situations.

It's sad but true. The value of the written word is plummeting. We take a look at trends in the economics of journalism.

Markets provide our economy with many services and perks. Learn how they work together to help facilitate our fast paced global economy.

Elasticity measures the change in demand of your product in response to the change in the price of your product. As competition increases in a given market, understanding how elastic your firm and its products are can help you better understand how to improve your competitive advantage and keep your customers loyal to your product.

As an entrepreneur, you probably spent some time trying to figure out how demand works, especially for the products that you are selling. This article will teach you the very basics of demand.

To improve the small enterprise sector a favorable climate must be created via a number of interventions. The required solutions are not simple applications but the general idea is to minimize the items of policy that tend to favor industries and discriminate against small enterprises.

Oil prices may be high, but recent downtrends prove that not all of it is speculation. When the laws of supply and demand interact, you can see it reflected in prices. Recessionary concerns are a simple catalyst for the downward spike in oil prices.

As an entrepreneur, you probably spent some time trying to figure out how demand works. Lucky for you, economists have already done some of the thinking for you. This article will help you understand the law of demand by introducing the law of diminishing marginal utility, the income effect, and the substitution effect.

We discuss economic growth and the factors that make economic growth possible.

Find out the truth behind trade restrictions aimed to help our farmers and workers. We discuss trade policy and how trade restrictions impact small business owners.

Small business experts are lobbying for an elevated role for SBIC in jumpstarting entrepreneurship and small business investment under the Obama Administration. Charles Morton, an attorney at Venable LLP, weighs in on the subject.

Entrepreneurs are the only pool of businesses currently adding new jobs to their payroll, yet our political and economic leaders have yet to even consider using stimulus money to incentivize entrepreneurs for taking the risks that they are taking in seeking to create new economical and social value.

With credit lines drying up and small business financing harder to come by, finding new ways to increase cash flow is vital for the sustainability of your business. There are several ways that you can work towards improving your cash flow cycle.

Thanks to their unique organizational and economic traits, small enterprises are well placed to bring about positive gradual changes to any economy. It is for this reason that small enterprises must be promoted as a matter of necessity in the implementation of national development plans.

Seasonal Business is a well traveled route for the beginning entrepreneur, but what do they do during the off season? How does a business keep hibernation from becoming comatose?