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Investment bankers predict flat growth in IPOs

Submitted by BDO USA CHICAGO – According to a new study by BDO USA LLP one of the nation’s leading accounting and consulting organizations, there is little agreement among capital markets executives at leading investment banks when asked to forecast U.S. initial public offerings (IPOs) during the remainder of 2012. The bankers are relatively evenly divided among those that predict […]

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 […]