Small Biz Summit
Earlier this week, small business owners gathered at the Treasury Department to meet with members of the administration to discuss ways to loosen funding. Treasury Secretary Timothy Geithner pledged the administration's continuing support to helping small business owners secure credit. Kevin Galvin, owner of Connecticut Commercial Maintenance, attended the summit and will tell us about his impressions of the event.
Buy A Share
With the credit crisis making bank loans harder to come by, some entrepreneurs are coming up with some interesting alternative forms of financing -- their customers. We'll meet a small business owner, John Halko, of Comfort Lounge Restaurant in Hastings on Hudson, NY who came up with the idea of soliciting funding through gift card purchases he calls "Comfort Dollars." For every $500 dollar gift card purchased the customer receives a $600 credit - that's a 20 % return on investment. Halko has already raised almost $40,000.
--Jerry Silberman, founder and CEO of Corporate Turnaround
--Kimberly Weisul, editor of BusinessWeek Smallbiz
Small Biz Tech: iPhone Apps
With more than 200,000 iPhone apps available for download, there is an app for just about everything. Dan Ackerman, senior editor for CNET.com, will show off some of the best iPhone apps to help you manage your business.
Dollars & Sense: Holiday Bonuses
The holiday season is just around the corner and that means it's time for holiday bonuses. Barbara Kurka, Senior Vice President and Director of Human Resources for Katz Media Group, provides some tips on how to give your employees a meaningful holiday bonus.