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Business Owners Are Politically Active But Misunderstood: Survey

  Despite being among the most politically active, small business owners say they are misunderstood and often overlooked by lawmakers, according to a study released today by the National Small Business Association, a nonpartisan nonprofit. About 97 percent of small business owners surveyed said they vote in national elections, while voter turnout overall was 57 […]

Steep slowdown in startups impacts economy

Submitted by the Kauffman Foundation (KANSAS CITY, MO.), May 2, 2012 – Building on a long-term trend, the nation’s business startup rate fell below 8 percent for the first time in 2010, marking the lowest point on record for new firm births. New firms as a percentage of all firms continued a steady downward trend […]

Panzanzee incubator targets social enterprises

One of Chicago’s newest incubators is aimed at social enterprises. Panzanzee offers co-working spots in its 2,200-square-foot space as well as the opportunity for social entrepreneurs to address a group of professionals with a specific problem and receive advice, according to a Forbes story. Unlike startup accelerators designed to prepare young technology firms for venture […]

Fast growing women-led firms employ 27,000

Fast growing women-led firms employ 27,000

BrightStar Care, a Gurnee, Ill.-based staffing services firm owned by Shelly Sun, was named the fastest-growing woman-led business in North America in April. The Top 50 women-led businesses, which were ranked by Women Presidents’ Organization and American Express Open, generated a combined $4 billion in revenue in  2011 and employed 26,883 workers. The number of […]

Judge rules Illinois use tax law unconstitutional

The Illinois use tax law that spurred CouponCabin and FatWallet to leave the state last year was ruled unconstitutional Wednesday by a Cook County Circuit Court judge who said it violates the  Interstate Commerce Clause and Internet Tax Freedom Act, according to the Performance Marketing Association, which had filed a lawsuit challenging the use tax’s constitutionality. Cook County Circuit Court Judge […]