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: March 23

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

1. The Senate has passed the JOBS Act. In a rare feat of bipartisanship, the Senate on Wednesday passed the Jumpstart Our Business Startups Act (H.R. 3606), a package that includes capital formation and access measures to aid struggling small businesses and entrepreneurs. The Senate passed the measure 73-26, with one added measure requiring "crowdfunding portals, including the Internet, to provide investor protection, including investor education materials on the risks associated with small issuers and illiquidity," according to Roll Call.

The U.S. House passed its version of the bill March 8, also with strong bipartisan support (390-23) and with President Barack Obama's backing, according to the Small Business & Entrepreneurship Council.

"Other reforms contained within the JOBS Act will help small businesses access and accelerate their growth in the public markets. Inflexible and costly rules impeding the growth of promising enterprises are properly addressed in H.R. 3606, allowing these firms to more efficiently scale up while freeing up more resources for investment and job creation," the SBE Council says.

The House plans to vote on the Senate-amended package early next week.

2. Entrepreneur found four small-business lessons in The Hunger Games. Unless you've been under a rock, you're probably at least familiar with the marketing and trailers to The Hunger Games, which opens in theaters today.

Entrepreneur says watching heroine Katniss Everdeen reveals business lessons:

Know your strengths. As the gifted hunter she is, Katniss knows there is no one in the arena better than her with a bow. "Likewise, be sure your business plays to your talents and interests. If you have no experience with computers, a tech company probably isn't your best bet," Entrepreneur says.

Fill a need. Like Katniss' sponsors do when they see her suffering from burns and send down soothing ointment. "Before you start your new venture, you must identify an unmet need in the marketplace that your company can fill," the article says.

Master the basics. Katniss is smart, when training for the arena, she and her fellow contestants concentrate on basic survival skills as opposed to advanced combat. "Before starting your own enterprise, learn the basics. ... Those early lessons will help prevent easily avoidable and costly mistakes down the road," the article says.

Be yourself. Katniss never loses who she is in the Games and makes sure the audience is reminded of that. "Potential customers respond to a business they can relate to. So, if you're young and hip, flaunt it. If your business is socially conscious, let it show. And like Katniss, you will be rewarded," the article says.

3. We're gearing up for the New York XPO for Business The seventh annual New York XPO for Business will be held May 2-3 at the Javits Center in New York City. With more than 15,000 attendees, the trade show features small-business exhibitors, seminars and other interactive features for small businesses in the tri-state area.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to:

To follow Laurie Kulikowski on Twitter, go to:!/LKulikowski

>To submit a news tip, email:


Follow TheStreet on Twitter and become a fan on Facebook.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs