This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Things You Should Know About Small Business: October 3

NEW YORK ( TheStreet) -- What's happening in small business today?

1. Small business owners seeking answers from the presidential debate. Lana Nguyen, owner of a furniture retailer in the Washington, D.C. area, says she has already ruled out voting for President Obama as a result of the slow economic recovery which has hurt her business. But Nguyen told The Washington Post that she isn't convinced Republican candidate Mitt Romney will give her small business a boost either.

During the first presidential debate on Wednesday night, she'll be looking for some answers from the candidates, despite the tendency for candidates to speak in rhetoric as opposed to actual specifics during debates.

"Tell me how you're going to create jobs, don't tell me you will," Nguyen told The Washington Post.

Another small business owner, Tom Natan, who operates an online-only wine business, wants the candidates to address credit availability as well as the recovery of consumer spending so that sales for his business will start picking up again.

"It's very difficult in these times when merely being able to keep your doors open and break-even is a good thing in today's economy," he says in the article.

But he too is doubtful he will get answers.

"Am I going to hear that? No. I expect to hear more about tax policies that don't really affect me," he said. "Businesses like mine don't make it to the radar screen of either party or either candidate."

Check back at 9pm ET for TheStreet's political reporter Joseph Deaux as he live blogs about tonight's presidential debates.

2. The Goldman Sachs 10,000 Small Business program. Goldman Sachs (GS - Get Report) CEO Lloyd Blankfein acknowledged the difficulty of being an entrepreneur after meeting with about 150 graduates of the Goldman Sachs 10,000 Small Business program this week, according to Huffington Post.

The program, launched in 2009, is a $500-million, five-year investment providing small business owners with education, access to capital and business support.

According to the investment bank, about 900 small business owners have participated in the program in eight cities. Goldman Sachs says 70% of the program's graduates increased revenue and half were able to hire new employees from the assistance.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GS $158.83 -0.44%
GRPN $3.29 0.92%
AAPL $92.69 -0.59%
FB $119.49 1.40%
GOOG $711.11 1.40%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs