3 Things You Should Know About Small Business: May 24
NEW YORK (MainStreet) -- What's happening in small business today?
1. Start a business with little capital. John Cerasani, author of Paid Training and a Lendio contributor, offers a short list of ways for entrepreneurs to start a business even if they don't have much money to invest.
2. Gulf Coast shrimping business still struggling. With the springtime comes the shrimping season, but the shrimp and crab businesses along the Gulf Coast continue to struggle as the second full year since BP's(BP) monstrous oil spill begins in earnest, according to the Associated Press.
Catches have been down, docks are idle and "anxiety is growing that the ill effects of the massive BP oil spill may be far from over," the AP says.
Officials say it's too early to tell whether the BP oil spill is affecting the industry, but fishermen are blaming the spill as some longtime shrimpers leave the business altogether.
The dour outlook isn't felt everywhere: even though the Gulf fishermen aren't hauling in as much seafood, prices have risen. As people are paying more for fish from the area than other sources, some fishermen are able to maintain their income from the disparity, the article says.