Sunday, September 22, 2013

Today in Small Business: Mark Cuban’s Rules

Washington
  • Here are four charts that will help you track whether the Federal Reserve will taper its quantitative easing.
  • It seems the sequestration budget cuts are hurting small consulting firms: “The $85 billion in budget cuts officially began March 1, but owners like LaJuanna Russell started feeling the effect last summer. Government employees cut contracts in advance, anticipating they’d lose funding. Among those badly hurt were businesses that provide training and consulting services not considered essential. Like Russell, they’ve had to lay off workers as their revenue plunged.”
Start-Ups
Employees
Management
  • Research reveals that more business travelers are taking time for themselves as well.
  • Gregg S. Lipman says there is much management wisdom that you can glean from ’80s movies like “Stripes”: “What can I say about a movie whose tagline was, ‘The story of a man who wanted to keep the world safe for democracy … and meet girls’? Well, a lot actually. This quote is so fitting to what we do every day, because having realistic expectations for any given project is key to getting the job done, and done well.”
Around the Country
  • More than a thousand people near Los Angeles stood in a line on Saturday to get a taste of the Ramen Burger.
Social Media
  • Here are 15 brands doing great on Vine.
  • Belle Beth Cooper sums up the best times to tweet, post, blog and send your e-mails. For example: “Seventy percent of users say they read blogs in the morning, and Mondays are the highest traffic days for an average blog.”
Technology
Gene Marks owns the Marks Group, a Bala Cynwyd, Pa., consulting firm that helps clients with customer relationship management. You can follow him on Twitter.



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