Guest List -- Sunday, Feb. 15
Posted: Monday, February 09, 2009 9:31 AM by Andrew Littell
Small Business Newsmakers
Richard Murphy, editor of FORTUNE Small Business Magazine, and William Dunkelberg, Chief Economist for the National Federation of Independent Business, discuss the status of the economic stimulus package and what it means for small business owners.
Moving Forward
Despite the economic downturn, Grant Cleveland says he's going forward with plans to launch as many as 50 new products in 2009. His company, DuneCraft, produces low-cost, educational kits that sell at stores like Toys "R" Us, Borders and K-Mart. The company already has 250 items on the market, but Grant insists he's not backing down from his expansion plans. The Cleveland-based company sells its products to major retailers, catalogs, and online. Grant says his profits only rose about 6% in 2008. He says the number would have been closer to 200% if the economy hadn't taken a turn. Grant says there's a market for educational items especially when they're affordable.
Panelists
--Susan Wilson Solovic, CEO & Chairman of SBTV.com, a television network on the Internet dedicated to small business.
--Ben Terk, partner with Rho Ventures, specialzing in the information technology and communications sectors.
Profit Margin: Web site design
Tom Leung, Senior Business Product Manager for Google, provides some tips on how small business owners can build an effective homepage.
Elevator Pitch
Jason Olim, CEO and co-founder of Freshman Fund, a service that lets people give and get the gift of a college education, pitches his company to the panel. He is looking for capital to add more content to his growing site.