Official Newspaper of Eddy County since 1883
Official Newspaper of Eddy County since 1883
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Small Business Saturday is a relatively new American tradition. While Black Friday has been an informal holiday for more than 60 years, it wasn't until 2010 that the Saturday after Thanksgiving earned its official title, designating it as a day to shop local and support hometown retailers. In a year where businesses have faced profound challenges due to the COVID-19 pandemic, this year's Small Business Saturday may be more critical than ever before. In fact, many locally owned retailers earn...
“It is clear that the Paycheck Protection Program (PPP) has allowed millions of small businesses across the country to rehire their employees and retain integral jobs during this unprecedented time,” said Dan Nordberg, SBA’s Director of Rural Affairs and Region 8 Administrator. “The bill just signed into law allows additional flexibility in the program to build on its already successful foundation. These changes will enable more businesses to take advantage of this lifeline through June 30 and I am hopeful small businesses will take note an...
I believe President Trump’s State of the Union Address articulated an inspiring vision of American greatness. The President made a powerful case that his pro-growth economic policies are not only sustaining record-high levels of optimism among America’s 30 million small businesses, but also driving upward mobility among historically underrepresented minority entrepreneurs. The President’s speech gave entrepreneurs the confidence they need to make important decisions such as hiring new employees, buying new inventory, and/or expanding into...
Over the last three years, President Trump has made it his priority to highlight the importance of our nation’s veteran entrepreneurs. He has empowered the U.S. Small Business Administration (SBA) with the tools needed to help our veteran’s transition from military service to small business ownership. During November, the country will celebrate the accomplishments of veteran, service-member and military-spouse small business owners nationwide during National Veterans Small Business Week, Nov. 4-8. This year’s National Veterans Small Busin...
It is a sobering fact that 25% of businesses that close because of a natural disaster never reopen. Small businesses can improve their chances of successful recovery by assessing their risks and developing a preparedness plan, and the U.S. Small Business Administration can help. Following a declared disaster, the SBA assists in the rebuilding and economic recovery of a community by providing affordable, timely, direct loans to businesses of all sizes, nonprofits, homeowners and renters to cover uninsured losses. Any disaster can have dev...
When I became Regional Administrator at the U.S. Small Business Administration, I never would have imagined the many positive experiences and challenges I’ve experienced during my visits across the Rocky Mountain region. Twelve months, six states, and nearly 10,000 miles later, I have taken the road less travelled and learned that the small business vitality of our local communities is getting stronger each day thanks to pro-growth economic policies that have been implemented over the past year. The small business climate has changed for the b...
Every year after Thanksgiving, Americans kick off the holiday shopping season with big stores advertising deal after deal. Not long ago, Americans during the holiday season typically would visit locally-owned small retailers in a downtown area to purchase all of their gifts. Business owners would decorate their shops with lights and ornaments or create elaborate window displays to grab the imagination of passersby and encourage them inside. It was a magical time of year, and many of us still hold on to those memories today. With the dramatic...
Recently, I was shopping at our local store and was amazed that holiday merchandise was already on the shelves. What happened to the tradition of launching the Christmas selling season right after turkey time at the end of November? Little did I know, the holiday shopping season now starts with Halloween and runs straight through until Christmas. The last three months of the year are critically important for our locally-owned small businesses. In fact, statistics show that locally-owned retailers earn as much as 50 percent or more of their tota...
