By Katherine Scarrow
The Globe and Mail
September 1, 2011
"The most effective economic stimulus President Barack Obama and Congress could implement would be to direct more existing federal infrastructure spending to small businesses, our nation's chief job creators," writes Lloyd Chapman, the president of the American Small Business League, in this open letter to Starbucks CEO Howard Schultz.
Mr. Chapman's letter comes in response to two recent events: a CNN interview in which Mr. Schultz puts politicians on notice, and an e-mail where the self-effacing Starbucks chairman urges corporate leaders to prioritize job creation to "pick up the slack for community and social investments" that states will no longer be able to fund.
Mr. Schultz also urges his peers to "forgo political contributions until the Congress and the President return to Washington and deliver a fiscally disciplined long-term debt and deficit plan," and to focus on the unemployment situation in order to rebuild the confidence of the American people.
The coffee guru's bold calls to action are certainly embarrassing to the folks in D.C. But will his threat to boycott campaign donations really be enough to jolt Congress into action?
Entrepreneurs jump on 'glampwagon'
Glamping - a mashup of 'glamourous camping' rooted in the U.K. and popularized by wealthy Americans - has been around for years now. But recently, more and more entrepreneurs are jumping on the glampwagon, turning a once novel trend into serious billion-dollar business.
It's a great option for people who love the great outdoors, but prefer king-sized mattresses to sleeping bags, and prime rib to hot dogs, explains Pepper Fewel, owner of Cherry Wood Bed, Breakfast and Barn, in this article from Entrepreneur.com. Find out how Ms. Fewer stumbled into the business and how other entrepreneurs can 'get back to nature' without leaving the comforts of home behind.
Good news out of the Sunshine State
Florida is getting $97.7-million in federal funding for loans to help start new businesses and expand existing ones. A Florida Chamber of Commerce official on Wednesday said that the Small Business Credit initiative will help create jobs and put Floridians back to work.