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: September 21

That being said, using credit card debt to fund a startup isn't a mistake, since it helps cash flow and even earns rewards points and establishes a credit history. "That will be very important when your business has matured enough to move to the next level and seek a bank loan," the article says.

3. Small manufacturers hire in 2012. Sage North America reports in its latest "snapshot" survey that small manufacturers are adding jobs and more optimistic about the economy.

Of the 134 small manufacturing companies polled, 73% reported that they had hired new staff in the last six months.

Sage North America, a provider of business management software and services for 6 million small and mid-sized businesses, says the findings also show that one-third of respondents plan to add staff in the next six months, indicating potential future growth in the sector. About 53% said they intend to maintain their current level of employment.

The survey was conducted by email to U.S. manufacturing executives between July 11 and August 1. Seventy percent of respondents had between 10 and 100 employees, and two-thirds of them manufactured durable goods.

When asked about the specific conditions of their own manufacturing business over the next six months:
49% believed that new orders would increase.
47% felt that production would increase.
23% believed that inventories would increase.

"Manufacturing continues to play an important role in the American economy, and for this reason, we wanted to gauge the health and stability of this sector. While the findings show slightly different outcomes than recent national reports, we're glad that our results seem to indicate that SMB manufacturers are hiring -- and will continue to hire in the coming months -- and that generally they're optimistic about their businesses," says Joe Langner, executive vice president of Sage North America's mid-market solutions.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to:

>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.
2 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
AAPL $94.27 0.00%
FB $101.00 0.00%
GOOG $684.12 0.00%
TSLA $150.20 4.50%
YHOO $27.10 0.00%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs