Wall Street Journal

Are Traditional Shopping Malls Dying?

Here is a look at the 40 plus year old Regency Square Mall in Jacksonville. It was hard to believe how many empty stores there are. Someone who works at the mall told me there are 36 vacant stores in the main mall anchored by Belk, Sears, J.C. Penny and Dillard’s. The Regency Square website […]

SBA 504 Loan Now Allows Refinancing

Raymund Flandez of the Wall Street Journal continues to keep us informed on program changes in SBA financing. The SBA 504 program has recently been changed to allow for refinancing. SBA 504 is a popular fixed asset financing program that is guaranteed and requires a smaller cash injecture from the borrower than normal. Contact the […]

The SBA plans to release a partial lender list of ARC loan participants by Monday

Known participating banks in the SBA ARC loan program as of June 20th: Wachovia Wells Fargo & Co. J.P. Morgan Chase & Co. PNC Financial Services Group Inc. Banco Popular North America Regions Bank Suntrust BB&T Here is a Wall Street Journal article written by Raymund Flandez that adresses the current Arc lending situation. SBA […]

61% of Americans Have Started a Business or are Considering Doing So.

We see lots of people who are considering a business startup. They are either creating a business out of a hobby they love, desire to get out of the rat race and spend more time at home, have discovered a better way to do something, or are “accidental entrepreneurs” who lost their job and feel […]

17th Annual Small Business Week Celebration

The SBDC at UNF & WorkSource present:17th Annual Small Business Week CelebrationFeaturing Tom Szaky, CEO of Terra Cycle Tom Szaky is co-founder and CEO of TerraCycle, Inc., producer of the world’s first products made from, and packaged in, waste. Although he is only 26, Szaky has been featured in virtually every major media outlet from […]

Britian Comes to Aid of Their Third Sector

The lawmakers in the British Isles seem to understand the value of their nonprofit community. To that end, the British government has created a nonprofit stimulus package that will have a large ripple effect in their social sector. Perhaps, now that we have taken care of Wall Street, we can do the same thing for […]

Interview: Glenn Ivie, Your Photo to Painting

Examples of Glenn Ivie’s work. Glenn Ivie started a business in Jacksonville called Your Photo to Painting with the idea of taking photographs that mean something to people. Through his special process, he creates a highly realistic digital painting to a customers preferred size, from 8 x 10 up to 24 x 36, printed with […]

Magic Johnson SBA Administrator?

There are many names being batted around for SBA Administrator. The SBA desperately needs a shot in the arm and the right leadership would be critical. This Wall Street Journal article by Kelly Spors handicaps the front runners. As President-elect Obama unveils his Cabinet members, some small-business owners and organizations anxiously await who he’ll pick […]

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