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Arizona Aims to Strengthen International Business Relations With Canada in 2015

Posted by on Jan 23, 2015 in National News | 0 comments

It looks like the state of Arizona will be singing “Oh, Canada…” more often — and with more fervor — in 2015. When discussing the Copper state’s international business ties, the natural reaction is to consider the state’s relationship with nearby Mexico, but 2015 is slated to become a big year for business with Canada. Glenn Williamson, CEO and founder of the Canada Arizona Business Council, which focuses on trade and business relations between Arizona and Canada, said there are three main areas of Arizona business that are set to flourish between the state and Canada this year. Trade Williamson expects trade to have a more significant impact on Arizona’s economy in 2015 compared to previous years. “We’re watching a continued growth in the aerospace and automotive sector and we’re hopeful that we’ll get close to $4.5 billion in bilateral...

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Recession-Proof Businesses Offer Entrepreneurs Greater Chance at Survival

Posted by on Jan 22, 2015 in National News | 0 comments

According to the Small Business Administration’s latest statistics, about 66% of all new businesses only survive two years, while 45% survive for four years. With such slim odds, it’s a wonder how any entrepreneur can pluck up the courage to open his or her own new business. One of the best ways to reduce that risk of failure, though, is to open a business in an industry with a proven track record of stability. Though there’s no such thing as guaranteed success anywhere in the business world, certain industries seem to weather financial hardships much more easily than others. This is likely because there’s a pre existing demand for their services, which will not likely falter any time soon. Take the pharmaceutical industry, for example. People will always be getting sick, and so there’s always a demand for medicine....

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Indian E-Commerce Firm Flipkart Announces Another $700 million in Investments

Posted by on Dec 27, 2014 in National News | 0 comments

The most current e-commerce statistics from Statista.com state that 40% of internet users worldwide have purchased products or goods online, and that number is only expected to grow. Although it may seem like world e-commerce leader Amazon is poised to take over the rest of the market, a newbie company from India may give it a run for its money. Sachin and Binny Bansal (who are not related) started their careers in e-commerce in 2007 as Amazon.com engineers, assisting the U.S.-based company with its expansion into India, where the two men are from. Now, the Bansals’ post-Amazon small business venture is set to oust Amazon as the top online retailer in India. India’s young e-commerce market is currently being dominated by Flipkart, the brainchild of the two Bansals, and they recently announced that they’d raised $700 million in investments...

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Great News for Small Town Americans: Affordable Care Act Has More Options for 2015

Posted by on Dec 23, 2014 in National News | 0 comments

Even though Monday, Dec. 15 was the deadline for a Jan. 1, 2015, healthcare plan start date, there is still time to sign up under the Affordable Care Act, according to officials. Enrollees have until Jan. 15 to sign up if they want coverage to start on Feb. 1. Open enrollment will last until Feb. 15 for coverage that will begin on March 1. Even those who signed up in 2014 are still encouraged to take a look at their health insurance options this time around. Some premiums have changed, and all who bought insurance get subsidies on their incomes, so it’s important to check that personal information is accurate on www.healthcare.gov. In 2014, the penalty for not having insurance was 1% of a person’s income or $95 per person — whichever amount was higher. That amount goes up to 2% of income or $325 per person in...

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2014 Small Business Saturday Significantly Less Profitable Than Expected

Posted by on Dec 18, 2014 in National News | 0 comments

In what may have been one of the most unknown and unexpectedly successful marketing ploy in recent years, the tradition of “Small Business Saturday” recently took place on Main Streets across the country. The event was started by American Express in 2010, and in the past four years, it has become a “nationally recognized day,” according to Boston Globe correspondent Jennifer Smith. Small Business Saturday has created a sense of community and has fostered the growth of many small businesses, which might otherwise have gone unrecognized in their respective communities. But as Forbes contributor Gene Marks notes, a study published at the beginning of December by The National Federation of Independent Business and American Express, shows that this year’s Small Business Saturday (which was held on November 29, 2014) was much less successful than in recent years. According to...

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U.S. Forest Service Developing Strategy to Accommodate Nationwide Demand for Outdoor Recreation

Posted by on Dec 18, 2014 in National News | 0 comments

When it comes to the idea of the “great American pastime,” forget baseball — because it seems that camping is now the go-to activity for American families. In the last year alone, about 43 million Americans went on a camping trip. And with the number projected to grow even higher in the future, the U.S. Forest Service is now developing a strategy to meet this demand and give Americans more room to enjoy the great outdoors. According to a December 13 Ravalli Republic article, a few Forest Service officials recently met with trail crew foremen, landscape architects, wildlife biologists and more to construct a plan to sustainably expand the amount of public recreation area that is available to Americans. The Forest Service is also grappling with ways to fund upkeep for these lands, according to the Republic, an issue...

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