Small Business

How Healthy is Your Business?

Almost everything we do in life gets measured in some form of performance analysis: baseball batting averages, grade point averages, even the likelihood of rain today. Each of these numbers is a ratio- a comparison. Using information from a company's financial statements, a series of financial ratios can measure the health and progress of a business.

 

BU HITEC Announces Funding for Two Regional Companies

Bradley University's Heartland Illinois Technology Enterprise Center (HITEC) recently awarded a total of $40,000 to two regional companies. Mercury Sports Group, Inc. received a $20,000 loan for the development of a company branding and marketing strategy.

 

WTO Reaches Agreement on Reform of Agricultural Trade

On August 5, the General Council of the World Trade Organization broke a nearly 12-month impasse and agreed on a framework for the final phase of negotiations of the Doha Development Agenda. The framework provides structure and direction for the remainder of the Doha round of talks and for the first time establishes goals for substantial reform in world trade of agricultural commodities.

 

Illinois Firms Rediscover Asian Markets

In 2001, the International Trade Center (ITC) researched Illinois exports to Asia, and the export trends were disconcerting. Not surprisingly, Illinois exports to Asia dropped precipitously during the Asian financial crises of 1997-1998. While U.S. exports rebounded relatively quickly, with almost 21% export growth to the top fifteen largest Asian markets from 1998-2000, Illinois exports lagged far behind, at a growth rate of just above 6%.