News About The Obama Health Care Plan

business (3)October is sure to be a month lots of people are waiting for. October First is the first day you can enroll on the Obama health care plan, although it doesn’t start till January 1st. next year. I believe there are lots of people skeptical, and some right out angry about the Obama Health plan. Don’t you want to find out about it before we start voicing our opinions and getting angry beforehand? Don’t you want to have an alternative to the health care plan you have, or the lack there of?

Here are the latest news about The Obama Health Care plan, and some other news of interest.


Ohio won’t promote Obama health plan, so advocates, politicians say they will

CLEVELAND, Ohio — Oregon is making music videos and Kentucky is showing up at bourbon festivals to advertise a new way for individuals to get health insurance next year.

Ohio is purposely sitting on its hands.

Ohio’s Department of Insurance has planned no marketing, advertising or outreach to promote the Affordable Care Act, even though enrollment begins in less than two months. Consumers nonetheless can expect to hear plenty about it — the good, the bad and, especially, the political — in coming weeks.


Ohio officials: Rates to increase

Ohio could end up with a highly competitive health insurance exchange program, but regulators say the cost of the coverage sold could be expensive.

State regulators turned in paperwork on Patient Protection and Affordable Care Act (PPACA) exchange plans Wednesday.

The U.S. Department of Health and Human Services (HHS) will be running a “federally facilitated exchange” (FFE) program in Ohio.

The individual exchange attracted applications from 12 insurers, and the state’s Small Business Health Options Program exchange attracted applications from six insurers.


Loan funds available for small businesses in southeastern Ohio from Marietta based group

MARIETTA — Buckeye Hills Resource Conservation & Development continues to see signs that the economy is moving in a positive direction, and a number of people in southeast Ohio are thinking of either expanding an existing business or starting a small business operation.

Some banks are reluctant to take risk on start-up businesses, the RC&D said. A revolving loan fund is one option small business owners can use to build and expand their business, and also build a financial and credit history.

The Buckeye Hills RC&D Council has funds available for small businesses in the nine-county region of the RC&D. Counties eligible for participation include Athens, Belmont, Hocking, Meigs, Monroe, Morgan, Noble, Perry and Washington. The RC&D is a regional non-profit organization focused on rural community development, natural resources protection, and enhancing the quality of life in southeast Ohio.


Small Business Confidence and Healthcare News

business (5)As we bring you this news, we want to remind you that we always strive to bring you news of importance. Although news for today is a bit grim, they are important news and they have information that as a small business owner they should be important to you. As a small business owner the challenges we faced daily are too many to count, and we wear too many hats every single day of the year while juggling the many challenges we have, but at the same time those challenges are the ones that make us grow.

Click on the links below to read the articles fully.


Small business confidence slips in June – Reuters

Business RecorderSmall business confidence slips in JuneReutersThe National Federation of Independent Business said on Tuesday its Small Business Optimism Index decreased 0.9 point to 93.5 last month, changing course from two straight months of growth.

Six of the index’s 10 components fell and two were unchanged. Only job creation plans and the six-month outlook advanced.

This mirrors economists’ predictions that the economy will pick up momentum in the second half of this year after a lackluster start.


Rising Cost Of Healthcare Is Hurting Small Business Growth

As the CEO of Lendio.com, healthcare is a vitally important topic to our employees, our customers (who are also small business owners), my family, and me.  During the month of June, we decided to take a fresh look at the benefits that we are offering and the culture that we are creating for our employees.  As a result, healthcare has been top of mind.

Please allow me to share three quick stories that have occurred over the past month as to provide a little background.


Small Business Administration Cheats Small Businesses Again

On July 2, the Small Business Administration (SBA) released their latest fraudulent, fabricated and false claim that the federal government has come very close to achieving the 23 percent small business contracting goal require by federal law.

As usual, to eliminate media coverage, the SBA quietly released their claim that the government awarded $89.9 billion or 22.25 percent of all federal contracts to small businesses in FY 2012.

Here are the facts. Federal law requires a minimum of 23 percent of the total value of all federal contracts be awarded to small businesses. According to the Federal Procurement Data System (FPDS), the actual federal acquisition budget for FY 2012 is around $1.1 trillion. Legitimate small businesses should have received at least $253 billion in contracts.


Why Do I Need a Business Coach?

business (4)Why Do I Need a Business Coach?

 A good business coach can add a wealth of knowledge and experience without the need to give up equity in your company or pay someone a senior executive’s salary and benefits. Considering all that a business owner can learn from a business coach… a very high value exists for a low cost. However, obtaining the right business coach for the unique needs of your business can sometimes be a bit more challenging than randomly selecting someone from online listings or the phone book.

So what do you look for?….

Remember business coaching is an investment in your business. Here are a few benchmarks to consider when you are considering investing in a coach.

1 – Experience Your Industry

This is perhaps the easiest of questions to answer. While industry experience is valuable, remember that you are working “ON” your business. You are the industry expert! If you’re looking for manufacturing line redesign or process changes to the production line, you should be looking for a consultant who specifically does that type of work.  A business coach will help you to build value and systemize your business.

Online research is also helpful when deciding on a business coach to help you with your business.
Look over the business coach’s portfolio of past and present clients. Check the success of those companies. Walk into a few and ask about things that you like and dislike.

2 – Methodology and Business Philosophy

Are you investing in a coach whose philosophy you can see yourself emulating in the years ahead? Moreover, does this business philosophy connect with your long-term business goals?

Although no business coach should have to describe in detail his entire methodology in a preliminary interview, a business owner should not be afraid to ask general questions about how a coach expects to help achieve results for the company. The coach’s answers should be in line with the long-term goals of your company and your personal aspirations.

3 – Longevity

Is this person someone that you can see consulting with for a long period of time? Business coaching is a long-term investment. You need someone that you can communicate with on an open and honest basis. They must be able to explain things to you in terms that you can understand.