- 2009 Top 10 Small Business Ideas
- Is Email Marketing Dead?
- Make Money Online from Blogs: Case Studies
- Philanthropy - A Good Business Practice, But Unethical?
- Quitting Your Job to Start Your Own Business Today Might Not be a Good Idea
- 10 Online Business Ideas that Can Give You More Than 1000 Percent Return on Investment
How The Fed’s Rescue Plan Affects Small Businesses Worldwide
I recently stumble on an interesting business from Yahoo! News that would be nice for you to know – The AIG is resurrected by the government.
Essentially, the news is all about the Government’s intervention in helping financial troubled American International Group (AIG), THE insurance company. The record-breaking rescue package for a private company – $150 billion, including $40 billion for partial ownership.
The Fed’s initiative could provide traction to today’s recession
Although not in a position to stop the economy from declining, what The Fed did will bring positive impact on small businesses worldwide.
How?
AIG is an insurance authority company with 1 trillion in asset – by having presence in 130 countries, every little but positive change in AIG’s future will spark hope to the insurance industry and impact small businesses.
You can’t deny the fact that every country listens to The Fed. They raised interest rates, worldwide economy crumbles. They did positive initiative, worldwide economy recovers.
The fund will surely help AIG to recover their losses, while buzzing positive sentiments – AIG per share price rose almost by 20 per cent after the press release (as of 04:00 PM GMT), and counting. Keep an eye on stock markets worldwide that will rise due to the great news.
How small businesses reap the benefit?
Perhaps not instantly affected, but small businesses will benefit indirectly. The positive sentiment of global economy will offer customers with more options, which eventually will affect small businesses in increasing their financial performance.
As long as the Governments or small business authorities act and respond positively on the Fed’s example (that also feature a $700 billion financial rescue package to aid the economy recovery process) to aid small businesses, especially in business financing through tax incentives and loan interest rates reconsolidation.
What to do if your local government or small business authority ignored or acted unresponsively on the Fed’s initiative?
It has always been every business’ responsibility to grow the business. If you can’t count on your government, you can always count on your peers and fellow small business owner to collaborate and help each other out.
I certainly hope so.
Ivan Widjaya
Noobpreneur on the Fed’s rescue plan
Image by Mike Licht, NotionsCapital.com.
- Obama Rolls Out Plan to Help Small Business Get Credit
- Thriving Small Businesses: 66,000 New Jobs in April 2010
- Global Market – How the Typhoons in Manila affects my small business in Florida Today.
- Recession in Online Businesses and Marketplaces – Are We There Yet?
- Venture Capital Opportunities for Small Businesses
- Entrepreneurs: Feeling Lost? Consult Your Business Plan
About the Author
Ivan Widjaya is the Owner/Editor of Noobpreneur.com. He is a web property investor, blogger and web property maker, and currently manages and writes for My Web Estate. He also runs a web design business, Chalcedony Design, specialising in Wordpress theme creation, and plenty other web business.
Visit Noobpreneur's profile and other posts.












Noobpreneur.com is now on
Enjoy a faster browsing experience with us. We are now powered by 











