Small Business Reading Room

Friday, March 18, 2005

Honoring Woman Business Owners

March is Woman’s History Month.

In honor of this, it seems more than appropriate that we spend some time recognizing and celebrating the American business woman. After all, women have been influencing and changing the shape of our nation’s business community from the very beginning.

The names of some enterprising women like printer Mary Katherine Goddard, or financier Hetty Green may rarely be recognized, but most everyone alive today knows of the success Oprah Winfrey and Martha Stewart.

Here are some facts that I found at the National Women’s Business Council website:
  • Majority-owned, privately-held women-owned firms account for 30 percent of all business in the country.

  • The number of women-owned businesses continues to grow at twice the rate of all U.S. firms.

  • One in eighteen women in the U.S. is a business owner.
No matter if you are a small business owner or a modern day tycoon in the making, the fact is that that women are finding success in business.

For more information and help to both professionals and begninners alike check out the valuable resources found at the Online Women's Business Resource Center or at the NAWBO website.

Thursday, March 17, 2005

Delaware’s Legal System Ranked #1

For those of you who read my post last week (It's good being first) this is old news.

But I wanted to follow up by giving you a link with comments from Delaware Governor Ruth Ann Minner on the matter.

Needless to say, she's pleased that Delaware has been selected as having the #1 court system in the nation for the 4th consecutive year in a row.

Monday, March 14, 2005

Postal Tail Wagging the Federal Dog

The US Post Office Board of Governors is trying to get another rate increase. This time they expect to go for about 5-6% for 2006 and the same again for 2007.

The world is moving ahead and the Postal Service is becoming more and more of a dinosaur. As Raymond Keating points out in his latest Cybercolumn, this is becoming less laughingstock and more of a danger to small businesses.

As the Postal Service slides further behind the rest of the world they must continually raise rates faster than inflation. Massive economies of scale and improved productivity in the rest of the economy have not stopped the Post Office from raising rates 517% since 1970. Inflation was 293% over the same period.

Now they want to expand into more of the private economy. That is a bad idea. The least we can do is let the Postal Service wither as smaller percentages of our communications go by mail. The best we could do would be to completely privatize the whole system. Privatization would give each citizen one share in the new private post office. We could each hold it or trade it for cash at the market price.

So long as the Postal bureaucracy and labor unions are wagging the Federal dog, small business will have to pay the price.

Delaware (State Hornets) v Goliath

It's the Delaware State Hornets versus the Duke Blue Devils in the first round of the NCAA mens basketball tournament.

The DSU Hornets are a 16 seed and Duke is #1. A 16 has never beaten a #1 seed in the history of the tournament since they went to 64 teams in 1985.

Nobody gave David much of a chance against Goliath either. Go Hornets, and congratulations!

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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

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is Delaware and the best incorporator is
Delaware Intercorp!"

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