The Week in Small Business – 10.01.11
We do the legwork of finding the best in small business news and links. You have more time to do what you love.
They Say Breaking Up Is Hard to Do
It can be hard on your business, too. Reuters columnist Deborah L. Cohen takes look at the potentially devastating effects a divorce can have on a small business. While state laws, business structure, and a host of other factors are in play, one relatively recent legal development — called "no-fault divorce" — can help minimize the risk of damage to a business during a marital split. And, of course, there's no rule that says you can't run a business with your ex.
NFIB Asks Supreme Court to Hear Healthcare Case
The National Federation of Independent Businesses (NFIB) has filed a petition to have its case for eliminating last year's healthcare reform heard by the U.S. Supreme Court. “The sooner the Court takes up this case, the sooner small businesses and individuals will know whether they will have to bear the full weight, financially and economically, of this bad law,” an NFIB spokesperson said in a statement.
Why You Should Go Green
Case Western Reserve professor Chris Laszlo argues for the growth of green jobs at small and midsize businesses in the U.S., in part to foster a national competitive advantage. But he notes that in the past, environmental initiatives at smaller companies haven't amounted to much more than, say, double-sided photocopying. "What we are not seeing enough of are small- and mid-sized companies creating green jobs," Lazlo writes. "They treat environmental pressures as annoying obligations and only do the minimum required by law."
What You Can Learn from an Open Source Art Exhibit
CNNMoney delivers a double-dose of culture and business lessons in its profile of Artprize, an open source art competition started by Amway heir Rick DeVos. The event is expected to attract some 500,000 visitors this year. Among the takeaways for business owners from Artprize's success: "Really great things happen when you create a light-weight framework and let people go," DeVos says. "A lot of individuals making small bets is better than a centrally planned effort."
This Is Your Captain Speaking…
If you fly frequently for your business, you might zone out during the standard safety instructions. Try ignoring this "unusual" emergency training course conducted by British Airways. Scott McCartney, who pens "The Middle Seat" travel column for The Wall Street Journal, goes inside the safety class, which the airline began at the request of BP on behalf of its road-warrior employees. British Airways plans to offer the program to the public next year at $210 a seat. It's still undecided whether frequent fliers will be able to redeem miles for the course.