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New Tyree award to offer $25,000 cash prize

By the Chicagoland Chamber of Commerce The Chicagoland Chamber of Commerce and Mesirow Financial have launched a James Tyree Emerging Business Leadership Award competition in honor of the late business and civic leader. Tyree served as chairman and CEO of Mesirow Financial and chairman of the Chicagoland Chamber of Commerce. The award is to be presented annually to the […]

Illinois lags in development of women-owned business — but why?

Illinois lags in development of women-owned business — but why?

Illinois might be ranked fifth in the nation in number of women-owned businesses, but the state has some catching up to do in other measures of business development. The number of women-owned companies in Illinois totals 366,700, putting it ahead of most states but behind California, New York, Texas and Florida, according to a new report […]

Women-owned businesses outpacing most in job, revenue growth: Amex report

Women-owned businesses outpacing most in job, revenue growth: Amex report

The growth in the number (up 54 percent), employment (up 9 percent) and revenues (up 58 percent) of women-owned firms over the past 15 years exceeds the growth rates of all but the largest, publicly-traded firms. As of 2012, it is estimated that there are more than 8.3 million women-owned businesses in the United States, generating nearly $1.3 trillion in revenues and employing nearly 7.7 million people, according to the second annual “State of Women-Owned Businesses Report,” commissioned by American Express OPEN.

Commentary: Tax reform must include small businesses

By the National Small Business Association WASHINGTON – Treasury Secretary Timothy Geithner announced Wednesday a broad plan to reform corporate taxes that includes lowering the corporate rate to 28 percent from 35 percent, while eliminating myriad business tax breaks and credits. Unfortunately, the proposal fails to ensure parity between small business and large business, and […]

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