Small Business LinkStorm for August 7, 2013

Here are 3 great resource links for the small business owner!

7 Tips for Soliciting Powerful Reviews From Your Customers

No amount of advertising, tweeting, or direct mailing can impact customers the way an objective peer review can.  That’s because in the era of social media and online reviews, it’s not what you say about your business that matters; it’s what others say about you.  Here are 7 tips for soliciting those positive reviews!

Business is the Solution to Poverty, Not Charity: Your Help is Hurting

While the intentions are benevolent, many (if not most) church foreign aid programs makes things worse! This is an insightful interview with Peter Greer, the President and CEO of Hope International. Learn how business, with the resource of microfinance, can solve the long-term problems of poverty.

ObamaCare Gutting the Middle Class

Economic analyst John Mauldin says Obamacare may actually create a “new underclass” with “disastrous implications for the country.” It is creating an unintended rise in part-time jobs and a diminishing of full-time jobs. While full-time jobs have declined, part-time jobs have increased by three million since 2007. According to the Congressional Budget Office, an estimated “7 million people will lose their employer-provided health insurance at the end of the year,” which means they will “likely soon be paying $1400 a year (minimum) in mandated taxes, and those costs will rise dramatically over the next few years.” This is a “huge” and “vicious” “lower-middle-class tax increase.” Mauldin says “young people who have no insurance and are making more than $10 an hour will be paying about $1300 a year, or close to 10% of their after-tax income.”

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