Worse yet are the numerous stories of banks coming back around to their small business customers to ‘reevaluate or review’ a loan package or line of credit. The banks have been doing this with regularity over the past year and a half primarily because they have economic jitters (and regulators breathing down their necks) and, the unconditional right to do so. Often times, this activity requires extraordinary amounts of work on the part of the business owners (a major distraction) in order to provide the bank with an updated inventory count or some other form of business valuation, to appease them enough to move their company off the hot seat.

Speaking as a small business owner, it’s especially frustrating to see all of this going on, knowing full well the significant contributions that small businesses make to the US Economy in the two leading areas that determine the health of the economy at large; real GDP (gross domestic product) and net new jobs created. According to the SBA, “small businesses create most of the nation’s new jobs, employ about half of the nation’s private sector workforce, and provide half of the nation’s nonfarm, real gross domestic product…”

So here’s the good news, sort of: HR 5297 – Small Business Jobs and Credit Act of 2010. This SBA bill, sponsored by Rep. Barney Frank of Massachusetts, is big news for small businesses. It passed the House but… we’ll get to that it just a moment.

HR 5297 stands to benefit small business in some big ways. First, it provides a 90% loan guarantee via the SBA, giving the banks the security that they need to make a loan. Compared to the normal 75% guarantee, it can mean the difference between getting the loan or not. Second, there are no fees associated with this loan package. This alone can save a small business tens of thousands of dollars! Third, the loan limit has been increase to $5 Million. The bill also allows businesses with up to $15 Million in net worth to qualify. The previous limit was $8.5 Million. In addition, small businesses with existing SBA loans that have balloon payments coming due can refinance their commercial loans through this program.

Now for the bad news: Politics…need I say more? HR 5297 passed the House of Representatives on June 17^th with 241 in favor, 182 opposed and 9 abstaining. A small margin for sure but, it passed. It has since stalled in the Senate due primarily to a Republican filibuster.

This post is not intended to be a political commentary. It’s my hope that our representatives in the Federal Government will have the good sense and the higher calling to put aside their differences and truly act in the best interest of the people by passing this bill.

Monday, September 13^th is the day Senators head back to Washington after their summer recess. Waiting for them, front and center, will be HR 5297. As you can imagine, there is a lot of energy and anticipation surrounding this particular bill. With all of its attributes and the fact that it could be very profitable for the banks, it stands to be a win-win-win. Small businesses win, they get funded. Banks win, they make profitable loans. Government wins, they serve their constituency, create real GDP and jobs.

The SBA lending community (approved banks) has started to come alive recently and, according to several business owners that I have talked to across the country, banks are now reaching out to their small business customers in order to reopen funding discussions. Presumably, this is in anticipation of the passage of HR 5297.

If you have not heard from your banker recently and you are interested in seeking funding through the SBA, you owe it to yourself to put a call in to him or her and find out what they are doing to prepare for the potential passage of HR 5297. More importantly, you should find out what they can do for your small business specifically.

Cazbah Total Internet Marketing Solution announced today its intention to attend and actively participate in the PTXi and International Powder & Bulk Solids tradeshow and Conference, to be held May 4 – 6, 2010 at the Donald E. Stephens Convention Center, in Rosemont (Chicago), IL, adjacent to O’Hare International Airport.

The PTXi tradeshow and conference is the world’s leading event for engineers and managers who process, handle, package, transport, test and store dry particulates and bulk solids across many industries. Manufacturers and suppliers will be in attendance from industries including material handling, transportation and storage, automation, instrumentation and controls, mixers and blenders, packaging and bagging, weighing systems and scales and many more.

Cazbah has been providing its total Internet Marketing Solution to manufacturing companies for more than nine years. Their customer base, consisting of hundreds of specialty American commercial and industrial small businesses, has realized remarkable results from the Internet in the face of seemingly insurmountable economic odds. Cazbah has helped its small business customers generate tens of millions of dollars in new revenue, directly and indirectly from the web.

Ellen Kominars of Magnetic Products Inc., a PTXi tradeshow exhibitor and Cazbah customer said, “The hassle, heartache and mystery of website development and management are gone. Cazbah has great expertise! What a great team! ”

“We get 5 – 10 quote requests per day with a much higher close rate,” said Len Holtgreven, president of Holtgreven Scale. “Since Cazbah has taken over our Web site development and Internet marketing, our sales leads have been much more qualified,” he said. “Our Customers now have in-depth knowledge of our products due to the site contents and organization.”

“We work extraordinarily hard for our specialty small business customers because we depend on their continued patronage for our own success,” said Michael Seppala, president of Cazbah. “We literally take a stake in their game. If they’re not successful, we’re not successful.”

Cazbah’s goal is to meet their customers where they are. The company assigns a dedicated account manager to every customer that they have. “The investments that we make in the relationships that we forge are the key to our mutual success,” Seppala went on to say.

In keeping with their goal to meet their customers where they are, Cazbah will be participating in the PTXi and International Powder & Bulk Solids tradeshow and Conference. “Most of the smaller manufacturing companies exhibiting at the show have significant untapped potential, just waiting to be realized on the web,” said David Wilson, director of business development for Cazbah. We’re hopeful to meet these companies at the show and begin a discussion that will lead to their success.

Cazbah, an Internet marketing services firm, provides small to mid-sized businesses with everything they need to succeed on the Internet. Our highly effective solution includes a dynamic database driven Web site with simplified content management, search engine optimization, e-mail marketing, e-commerce shopping cart, and dedicated service and ongoing support. Cazbah customers gain a greater level of control and generate measurable results!

Responsibilities
Key responsibilities for the Account Manager position include identifying and defining our clients’ requirements and needs, managing all aspects of a clients’ online sales and marketing strategy, and understanding and applying the Cazbah capabilities to our clients’ situational needs. Responsibilities include:

• Training our clients on the Cazbah tool set
• Monthly contact with clients
• Development and implementation of Internet marketing plans
• Working with the Cazbah production team to implement Internet marketing plans
• Analyze Web site performance and make appropriate adjustments to Internet marketing plan.

Required Skills
Candidate must have Internet marketing experience and have knowledge of how Web sites are built and maintained. A BS/BA degree or equivalent work experience in customer support, marketing or technology industry is also required. Experience working with small businesses/start ups preferred. In support of this, the candidate will have the following:

• Excellent communication skills and feel comfortable dealing with their assigned clients on a daily basis
• Basic Web site editing skills
• Strong knowledge of MS Word and Excel, and basic photo editing knowledge

Preferred Sills
The ideal candidate will have a passion for small businesses along with a strong knowledge of Web development. Preferred candidates will be skilled in the following areas:

• Google AdWords knowledge / certification
• Google Analytics knowledge / certification
• E-mail marketing knowledge
• Social media marketing knowledge
• Sales and distribution knowledge for retail and manufacturing industries

Benefits
The Cazbah Account Manager position is a salaried position with a healthcare plan, and matching simple IRA.

Please send cover letter and resume via e-mail to careers@cazbah.net
No phone calls please. We are an EEO Employer.

This past year has been a very busy year for us at Cazbah. We actually finished the year ahead of the previous year by about 20% which, in the most severe recession that anyone can remember, is a pretty good thing. We also had our best new customer sales year in our history. It’s clear that more and more specialty small businesses are realizing how important the Internet is to the success of their businesses.

Our customers have continued to reward us with their loyalty as well. The Cazbah business model is predicated on our client’s ultimate success and their willingness to make a voluntary renewal of their business relationship with Cazbah year after year. The exceptional renewal rate and feedback we receive is indicative of our clients’ trust.

The true value of the Cazbah experience is in the personal relationships that our dedicated account managers establish with their clients. As is always the case in a trust-based relationship, our clients confide in us and share their fears, concerns, hopes and dreams for their businesses.

Because we do listen and have their best interests at the heart of what we do, several of our clients have asked us to take on a bigger share, or all, of their marketing efforts. Since these requests are on the rise, we’ve recently introduced two additional lines of business based upon our clients’ needs: Community Management and Strategic Marketing Consulting.

Our Community Management offering takes a hard look at a small business’s position in their industry and establishes them as the center-of-influence in the communities that they serve. Hence the name Community Management. The dynamics of the Web for small business have been steadily changing as social media and networking have established themselves as vital (and viral) communications mediums. Every aspects of a company’s social media activities are taken into consideration, all of which are handled by dedicated Cazbah staff on their behalf, freeing our clients up to run their businesses.

Strategic Marketing Consulting is a very involved five-step process that looks at every part of a small business, leveraging the strong current knowledge that we have with our existing clients. This engagement seeks to create a fit between the company’s resources, capacity and changing market opportunities. Our aim is to shape and focus our client’s offerings so that they produce enhanced financial results.

We have several of these expanded business relationships underway and we are seeing some immediate and exciting result. Please stay tuned in as we’ll be sharing information on a much more frequent basis going forward.

Going Back to Where it All Began
In 1962 (That’s over 40 years ago. I know this because I was born in ‘62.) Dr. J.C.R. Licklider, who at the time was working at MIT as a research scientist on a project funded and sponsored by the Defense Advanced Research Projects Agency (DARPA), came up with the concept, what he referred to as the Inter Galactic Network. You see, the defense research work of DARPA at that time involved several desperately and remotely located research facilities, located at several different major universities, MIT and Stanford being among them, as well as several military installations across the country.

Communication And Collaboration
Dr. Licklider (his friends called him “Lick” for short) realized that to effectively work together on co-development projects the research teams located in these various centers needed a way to effectively communicate with each other. Ultimately, they needed to develop a means by which they could collaborate on various aspects of their research activities. Is this starting to sound familiar based on where you see the web going these days?

Where the Internet Came From
Dr. Licklider is most often credited as the man with the original vision of the Internet. In two of his most influential papers, Man-Computer Symbiosis (PDF document), which he wrote in 1960, and The Computer as a Communications Device (PDF document), which was co-authored with Robert Taylor in 1968, he describes his vision of computing, which at the time of his writing was a mere concept, a good idea at best. He also goes into some detail about the purpose of the Internet, and why it was built.

Remarkably, “Lick” also predicted the future by stating that by the year 2000 millions of people would be online, connected by a global network. Isn’t it interesting that Dr. Licklider was absolutely correct?! He also set the table for the types of Social Media interaction that we as users of the “Inter Galactic Network” are having these days.

The Future – Now
As a futurist, he foretold of modern computing conveniences like the graphical point and click interface, digital libraries, ecommerce, online banking, and technology independent software that exists on a network (the web) and migrates to wherever it’s needed. He was also known as the “Johnny Appleseed” of computing. This is a well-deserved nickname for a man who planted the seeds of computing, and in many respects got the digital age started.

My point in this post is this, the Internet was, is and shall ever more be a communications medium designed to bring “people” together, regardless of whether we call it Social Media or Corn Flakes. No doubt about it, we have more ways to communicate with desperately located people than ever before. As I said earlier, that’s not anything new. Speaking personally, I’m having a direct (albeit cryptic = 140 characters at a time) conversation with any number of people from around the globe on Twitter as I write this. Now that is COOL!

I wish I could have met Dr. Licklider but, unfortunately he has since passed away. I consider myself a futurist too and would love to compare notes with him. There are many other contributors to the development of the web that deserve mention but, that’s for another day and another post.

An easy way of demonstrating to your customers that you are indeed on top of your game is by updating your web content frequently. Having done so, you should send an e-message to your opt-in subscribers that “new” information is available on website. They will do the rest.

I can’t tell you how many times I’ve visited websites only to bailout immediately and go to the next one in line when I read this telltale sign at the bottom of the page: “Last Updated — October 2001.” See Ya! If it took me 8 seconds to get to this point, great, if not I go away with the feeling that I’ve wasted my time.

If you are using such an update notice on any one of the pages in your website, make sure that you keep it current. If you have no intention or plan to keep your web pages current and updated, remove the update notice immediately. This is essentially preventive maintenance, which is better than the damage control of trying to win back lost visitors to your web site.

Another dead give away is a web site visitor counter that hasn’t seen much action in a while! Counters do little to gain visitors confidence and trust-especially when they note that, “YOU are visitor # 246 since Oct 2002.”

Final Notes On Good Content
A couple final notes on good Content: First, it is important to strike a reasonable balance between your own company information, news and events and relevant industry related information. So many ezines and web sites on the Net today are nothing more than glorified sales literature. Don’t get caught in this trap. Give your prospects and customers excellent content, always. If you don’t, be assured that your competitors will.

Second, maintaining good content on your Internet Assets (website, blog, ezine, etc.) doesn’t happen by itself. It requires a concerted effort. As mentioned earlier, you get back what you put out. Fortunately there are numerous resources at your immediate disposal to assist you with this challenge. The rewards for developing and maintaining a good content plan are great and are waiting for you, just around the corner.

Unfortunately, small businesses have never recieved the type of support that they are due given the percentage of the economy that they truly represent. According to the SBA – Small Business Administration small businesses:

1. Represent 99.7 percent of all employer firms!
2. Employ about half of all private sector employees
3. Make up 97.3 percent of all identified exporters…
3. Have generated 60 to 80 percent of net new jobs annually over the last decade
4. Create more than half of all non-farm private gross domestic product (GDP)

Here’s the gist of it; these small businesses that have such a marked and profound impact on the US economy, employing the majority of our workforce, are failing at an alarming rate! More statistics from the SBA: In 2007 there were an estimated 637,100 new businesses started. Approximately 560,300 small businesses were closed with approximately 28,322 ending in bankruptcy. Do the math… And here’s the epidemic part. It’s been this way for a very long time and it’s getting worse!

Here’s something else. Again according to the SBA a full one third of new businesses close their doors within the first two years. Fifty six percent close their doors after just four years and sixty nine percent go out of business by year number seven. In summary, our economy is dependant to a very large and growing extent on small businesses, more than half of whom never make it to their fith year anniversary. This, as stated above, is a problem of epidemic proportion and demands immediate attention. 

We will endeavor in this blog to provide information, tips, methodologies, concepts, plans, resources, contact information, success stories and critical thinking in an effort to overcome the small business epidemic in America.

We thank you in advance for your interest and consideration and welcome your comments – It’s going to be an interesting trip!