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IRS data suggests that, globally, U.S. nonfinancial companies hold at least three times more cash and other liquid assets than the Federal Reserve reports, idle money that could be creating jobs, funding dividends or even paying a stiff federal penalty tax for hoarding corporate cash.
Do the ‘Job Creators’ really need more cash? – Ed.
THIS WEEK’S HEADLINES:
A more effective model for Angel investing is long overdue. If Angels want to win — they want to lower their risk, create better returns, and help entrepreneurs more they’ll do the following: fly lower heights (avoid trying to fund the next 5 Facebooks) and take shorter flights (avoid riding each investment out all the way to the end).
The most common question entrepreneurs ask is “How can I improve my marketing with no or little money?” Here is the first of 115 ideas thanks to ‘The Toliet Paper Entrepreneur”. You are sure to find something that works for you.
1. Focus On One Contact
Marketing Strategy For Small Business: Target one decision maker you’d like to meet and invite him to share his expertise. Ask for a (very) short article for your newsletter or a quick phone interview for your podcast. Follow up by sending…
Zac Campbell was a partner in a Seattle-based interior design firm in 2001 when he took a vacation in Puerto Vallarta. The towns laid-back lifestyle, ocean views and adventurous spirit made it hard to leave. After some soul-searching, Campbell realized he wanted to return to two early passions: cooking and event planning. Growing up in Asia, hed often spend hours in the kitchen and loved helping friends and family plan parties, even starting an event-planning business in Tokyo at age 16.
At a time when banks remain reluctant to approve business loans, many are issuing more and more unsecured personal loans. SmartMoney reports that SunTrust Bank handed out 23 percent more personal loans through September 2011 than it did in the same period a year ago, while TD Bank issued 5 percent more personal loans. Wells Fargo and Capital One also say their personal loans are up.
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Dispatches From The Front 