Small Business Reading Room


Wednesday, April 25, 2007

Congress takes on SOX?

That's right. Federal Legislation to reform certain provisions of section 404 of the Sarbanes-Oxley Act of 2002 is in the works.

There are currently bills in both the House and the Senate that will attempt to make compliance with section 404 more efficient. The ultimate goal of course is to try to regain some of the capital market and global competitiveness that was lost thanks to the reactionary implementation of the original, draconian SOX Act in 2002.

At this point, I guess it is the next best thing other than a time machine.

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Monday, April 23, 2007

Give Your Business a $100,000.00 Boost

Do you have a big idea for your small business?

The folks at Forbes.com are looking to help you grow.

Submit your Boost Your Business Contest entry online now for a chance at the $100,000.00 award as well as the expert help to fine tune and improve your idea.

This may sound like a dream come true, but it is definitely no handout. Your ideas will be scrutinized by a panel of small business experts, Forbs.com editors and readers. If you'd like to compete, be prepared to describe your plan in 500 words or less, including:

  1. A description of your business and why your business is worthwhile investing in

  2. A description of how you would use the $100,000 to "boost your business"

  3. Current financial status of business (revenue vs. profits, for your most recent fiscal year), and projected revised financial status after winning and investing the $100,000 prize.


The deadline for submissions is May 31st.
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